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HomeMy WebLinkAboutRDA Reso 2000-1703 RESOLUTION NO. 1703 RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA APPROVING A CONSULTANT AGREEMENT WITH PROGRESSIVE URBAN MANAGEMENT ASSOCIATES (PUMA) FOR IMPLEMENTATION OF A PROPERTY-BASED BUSINESS IMPROVEMENT DISTRICT (PBID) WITHIN THE TOWN CENTRE I REDEVELOPMENT PROJECT AREA; APPROPRIATING $52,803 FROM ANTICIPATED REVENUES IN THE TOWN CENTRE I REDEVELOPMENT PROJECT AREA; AND AUTHORIZING THE CHAIR TO EXECUTE SAID AGREEMENT WHEREAS, the existing Business Improvement District was founded in 1971 and has served downtown Chula Vista well as a means of providing marketing and promotional activities during the past three decades; and WHEREAS, the State of California now provides for the enactment of Property-Based Business Improvement Districts, through a Proposition 218 election. which can provide critical funding for modern business district management with a focus on creating "clean and safe" business districts attractive to residents, visitors and investors; and WHEREAS, the existing Downtown Business Association seeks to utilize the best management practices available to help ensure a successful Third Avenue shopping district and requires the additional resources made available through adoption of a Property-Based Business Improvement District to attain their goals; and WHEREAS, the Redevelopment Agency recognizes the positive benefits of a strong and flexible management structure and funding mechanism for the implementation of revitalization activities in the Town Centre I Redevelopment Project Area; and WHEREAS, property owners in the proposed Property-Based Business Improvement District will benefit from the physical and social improvements that their assessments will help fund, including increased property values and stronger leases as the District is improved; NOW, THEREFORE, BE IT RESOLVED the Redevelopment Agency of the City of Chula Vista does hereby approve, in the form presented, a consultant agreement with Progressive Urban Management Associates for implementation of a Property-Based Business Improvement District within the Town Centre I Redevelopment Project Area and authorizes the Chair to execute said Agreement. BE IT FURTHER RESOLVED the Redevelopment Agency of the City of Chula Vista also hereby appropriates $52,803 from anticipated revenues in the Town Centre I Redevelopment Project Area. PRESENTED BY APPROVED AS TO FORM BY ~~ Chris Salomone Director of Community Development Resolution No. 1703 Page 2 PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, CALIFORNIA this 14th day of November, 2000 by the following vote: AYES: Members Davis, Moot, Padilla, Salas, and Chair/Mayor Horton NOES: None .; ABSENT: None ABSTENTIONS: None ~~~ Shirley Ho n 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. 1703 and that the same has not been amended or repealed. Dated: November 15, 2000 ~~ Chris Salomone Executive Secretary