Loading...
HomeMy WebLinkAboutReso 1996-18197 RESOLUTION NO. 18197 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA (1) APPROPRIATING ~87,112 FROM FUND 230- PARKING METER FUND, AND $134,000 FROM FUND 231-1N- LIEU PARKING FEE FUND TO BAYFRONT/TOWN CENTRE I REDEVELOPMENT FUND, AND (2) APPROPRIATING $50,000 FROM THE UNAPPROPRIATED FUND BALANCE FUND 222- TRUNK SEWER CAPITAL RESERVE FUND TO CAPITAL IMPROVEMENT PROJECT RD220-ROHR REIMBURSEMENT WHEREAS, the Redevelopment Agency budget is constrained and projected tax increment revenues will be needed to fund Redevelopmerit Agency's operations and obligations; and WHEREAS, Redevelopment Agency's Capital Improvement Program has been reviewed and the Redevelopmerit Agency as a source of funding has been evaluated; and WHEREAS, as a result of said evaluation CIP Project RD220, Rohr Reimbursement was identified as a priority project; and WHEREAS, it has been proposed that the Parking Meter Fund and the In-Lieu Parking Fee Fund reimburse the Redevelopment Agency for parking improvements installed within the Parking District by the Redevelopment Agency; and WHEREAS, the Town Centre I Project Area Committee, on September 21,1995, voted to recommend that the City Council approve reimbursement to the Redevelopmerit Agency for said parking improvements by the Parking Meter and In-Lieu Parking Fee Funds; and WHEREAS, Rohr Inc. installed a sewer monitoring facility in the Midbayfront as required by the Metropolitan Sewer District that will have capacity for and benefit future development in the Midbayfront. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF CHULA VISTA does hereby find, order, determine and resolve as follows: The City Council does hereby appropriate (1) $87,112 from Fund 230-Parking Meter Fund, and $134,000 from Fund 231-1n-lieu Parking Fund to Bayfront/Town Centre I Redevelopment Fund, and (2) $50,000 from unappropriated balance of Fund 222 - Trunk Sewer Capital Reserve Fund to Capital Improvement Project RD220-Rohr Reimbursement. ~) : "\ Presented by App[Oved as t1 for,,m..~y t'.'- L, Bruce M. Boogaar / , Chris Salomone Community Development Director City Attorney ~__ z Resolution 18197 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 6th day of February, 1996, by the following vote: AYES: Councilmembers: Alevy, Moot, Padilia, Rindone, Horton NAYES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Shirl~Ho~rton, Mayor ATTEST: ~Authelet, City Clerk' STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 18197 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 6th day of February, 1996. Executed this 6th day of February, 1996. ~Authe~l'let, City Cler~~k~ m I T