HomeMy WebLinkAboutRDA Reso 1999-1618 AGENCY RESOLUTION NO. 1618
(COUNCIL RESOLUTION NO. 193
JOINT RESOLUTION OF THE CITY C( LJNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA
APPROVING AN APPROPRIATION FOR REPA (MENT OF AGENCY
DEBT TO THE CITY, APPROVING A FUNDIN3 AGREEMENT FOR
THE PROVISION BY THE CITY OF $250,00~) TO THE OLYMPIC
TRAINING CENTER, AND APPROPRIATING FLINDS THEREFOR
WHEREAS, the City Council has previously ap )roved in concept, a donation to the
U.S. Olympic Training Center (OTC); and
WHEREAS, the OTC and City have jointly participated in mutu'ally beneficial
programs, including: joint promotion of the City and the OT(: facility, public outreach programs,
use of facilities by community organizations, the Reach for the Stars program with local elementary
schools, and promotion of regional tourism; and
WHEREAS, the OTC agrees that in exchange for the donation, certain programs,
functions and activities that benefit the local community wil be maintained and enhanced; and
WHEREAS, funds are available for this purpos ,~ from repayment to the City by the
Redevelopment Agency of $250,000 of outstanding loan an ~ounts; and
NOW, THEREFORE, BE IT RESOLVED the Cit Council of the City of Chula Vista
does hereby:
1 ) Approve, in the form presented, a Funding Ac. eement with the OTC providing for
a donation to the U.S. Olympic Training Cent in the amount of $250,000,
2) Authorize the Mayor to execute same, a cop,~ Df which shall be kept on file in the
office of the City Clerk.
3) Appropriate $250,000 from CIP 600 6OOI) RD229 to the General Fund as
repayment by the Agency of amounts owed 'o the City under previous loans and
appropriate the same amount from the Gene al Fund for purposes of funding the
Funding Agreement with the Olympic Trainin!l Center.
4) Find and determine that its approval of the F Jnding Agreement serves the public
purposes of advancing commerce and improv ng the quality of life for Chula Vista
residents.
Presented by Approve as to form by
Chris Salomone - ~ityn M. Kaheny ~
Director of Community Development Att )rney
Resolution No. 1618
Page 2
PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF
CHULA VISTA, CALIFORNIA this 9th day of February, 1999 by the following vote:
AYES: Members Davis, Moot, Padilla, Salas, and Chair/Mayor Hodon
NOES: None
ABSENT: None
ABSTENTIONS: None
Chairman
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.
1618 and that the same has not been amended or repealed.
Dated: February 10, 1999 ~//~-~ ~
Chris Salomone
Executive Secretary