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HomeMy WebLinkAboutReso 1994-17437RESOLUTION NO. 17437 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING THE EXECUTION OF AN AGREEMENT BETWEEN THE CITY OF CHULA VISTA, CHULA VISTA REDEVELOPMENT AGENCY AND THE COUNTY OF SAN DIEGO TO SHARE TAX INCREMENT REVENUES GENERATED TO THE AGENCY FOR THE SOUTHWEST REDEVELOPMENT PROJECT AREA WHEREAS, the County of San Diego ("County") has advised the City of the potential impact resulting from the adoption and implementation of the Southwest Redevelopmerit Plan on the County; and, WHEREAS, the County and City wish to enter into this agreement to alleviate the financial burden which may be caused to the County because of redevelopment activities in the Southwest Redevelopment Project Area; and, WHEREAS, Health and Safety Code Section 33401, in place prior to the amendment in January 1994 commonly known as "AB 1290", is applicable to the Southwest Redevelopmerit Project Area and authorized the City to enter into agreements to pay any taxing agency with territory located within a redevelopment project area, any amounts of money which in the City's determination are appropriate to alleviate any financial burden or detriment caused to the taxing agency by the redevelopment project; and, WHEREAS, in accordance with Health and Safety Code Section 33401 in place prior to AB 1290, the County and City further wish to enter into this agreement to provide mutual aid and assistance in the redevelopment of the Southwest Redevelopment Project Area. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CHULA VISTA does hereby find, order, determine and resolve that the Agreement for Cooperation between the City of Chula Vista, Chula Vista Redevelopmerit Agency and the County of San Diego, known as document number CO94-050, a copy of which is on file in the City Clerk's office, is hereby authorized for execution, Presented by Chris Salomone Community Development Director A~ed as to for;.m by Br,, e M. Boogaarf" City Attorney Resolution No. 17437 Page 2 PASSED, APPROVED and ADOPTED by the City Council of the City of Chula Vista, California, this 5th day of April, 1994, by the following vote: YES: Councilmembers: Fox, Horton, Moore, Rindone, Nader NOES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Tim Nader, Mayor ATTEST: STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) SS. I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No, 17437 was duly passed, approved, and adopted by the City Council at a joint City Council/Redevelopment Agency meeting held on the 5th day of April, 1994. Executed this 5th day of April, 1994. Beverly A; Authelet, City Clerk ......... ? " I'1 I'