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HomeMy WebLinkAboutRDA Reso 1998-1605 RESOLUTION NO. 1605 RESOLUTION OF THE REDEVELOPMENT .~ 3ENCY OF THE CITY OF CHULA VISTA APPROPRIATIN( $20,000 FROM BAYFRONT/TOWN CENTRE I FUND ~ALANCE TO THE DOWNTOWN BUSINESS ASSOCIATI )N FOR 1998-99 PROMOTIONAL AND ADVERTISING ACTr 1TIES WHEREAS, on March 13, 1998, the City Coun il approved the Chula Vista Downtown Business Association's (DBA) 1998 budget and directed that ti ~e DBA's request for $20,000 from the Parking Meter Fund for 1998-99 promotional activities be subn itted for consideration in the FY 98-99 City budget; and WHEREAS, during the FY98-99 City budget ;ession, a report was submitted with Finance Department's Parking Meter Fund budget recommend ng that the DBA's $20,000 request be included in the Town Centre Redevelopment Project budget; a md WHEREAS, Town Centre I Redevelopment I~roject funds are available to be re- appropriated to the DBA for 1998-99 promotional activities; ar NOW, THEREFORE, BE IT RESOLVED the ~development Agency of the City of Chula Vista does hereby appropriate $20,000 from the Bayfror ~'i-own Centre I fund (to be offset from savings associated with closing prior year Purchase Order ;~211983) to the Downtown Business Association for 1998-99 promotional activities for the benefit )f the Town Centre I Redevelopment Project Area. BE PT FURTHER RESOLVED, the Redevelopr lent Agency of the City of Chula Vista does hereby find and determine that the use of redevelopment unds for the above-described purpose will assist in achieving the goals and objectives of the Tow'~ Centre I Redevelopment Plan and implementation plan by assisting in the revitalization of the Tow ~ Centre area as the commercial focus of the City, thereby reducing the potential for blighting influenc, ~s. Presented by Approve :t as to form by Chris Salomone J.,~rq. Kaheny ~ Director of Community Development ~ency ~,ttomey Resolution No. 1605 Page 2 PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, CALIFORNIA this 3rd day of November, 1998 by the following vote: AYES: Members Padilla, Moot, Salas, Rindone and Chair/Mayor Horton NOES: None ABSENT: None ABSTENTIONS: None Shirley Hort<;l~ Chairman ATTEST: ~_~ ~.~ Chris Salomone Executive Secretary STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss: CITY OF CHULA VISTA ) I, Chris Salomone, Executive Secretary to the Redevelopment Agency of the City of Chula Vista, California DO HEREBY CERTIFY that the foregoing is a full, true and correct copy of Resolution No. 1605 and that the same has not been amended or repealed. Dated: November4, 1998 (~'-~~,~__~ Chris Salomone Executive Secretary