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HomeMy WebLinkAboutRDA Reso 2001-1741 RESOLUTION NO. 1741 RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA APPROVING AN OWNER PARTICIPATION AGREEMENT WITH THE CHULA VISTA ELEMENTARY SCHOOL DISTRICT FOR TH¡::: D¡:::VHOPM¡:::NT Of: TH¡::: PROpmTV AT ;90 K STREET LOCATED WITHIN THE SOUTHWEST REDEVELOPMENT PROJECT AREA AND APPROPRIATING $50,000 FROM THE UN-APPROPRIATED BALANCE OF THE MERGED PROJECT FUND FOR THIS PURPOSE WHEREAS, the District is proposing to build The Chula Vista Learning Community Charter School with a capacity for approximately 600 students ("Project") at certain real property owned by the District located at Broadway and Sierra Way in Chula Vista, Californiã ("ProPE!rty"); and WHEREAS, the property is located within the SOUTHWEST REDEVELOPMENT PROJECT AREA ("Project Area") which is subject to the jurisdiction and control of the Agency; and, WHEREAS, the development of the Property with the Project is consistent with the Redevelopment Plan for the Project Area and will assist in the elimination of blight by improving a vacant parcel and providing needed classroom capacity in an underserved area; and WHEREAS, the Project includes the construction of certain street improvements along Sierra Way, which will widen and improve the Sierra Way segment in front of the proposed Charter School and will therefore remove a safety hazard; and WHEREAS, the Chula Vista Elementary School District has indicated it does not have the sufficient funds budgeted for this part of the Project and has requested the financial assistance from the Redevelopment Agency; and WHEREAS, subject to the terms and conditions of this Agreement, the Agency desires to facilitate the Project by funding a portion of the public improvement costs to assure that the construction of Project related infrastructure conforms with City standards and maximizes the integration of the Project with the surrounding area; and WHEREAS, the Agency has determined that Agency financial assistance is necessary to the Project and no reasonable alternative means of funding exists for the Project; and WHEREAS, the Agency has determine that its financial assistance to the Project will contribute to the removal of blighting influences and safety hazards. NOW, THEREFORE, BE IT RESOLVED that, based on the facts stated above, the Redevelopment Agency of the City of Chula Vista hereby makes the following findings: 1. The proposed Project and necessary street improvements along Sierra Way are of benefit to the Project Area and the immediate neighborhood; and 2. There are no other reasonable means of financing the necessary street improvements along Sierra Way; and 3. The Agency's contribution toward the cost of the street improvements along Sierra Way will assist in the elimination of blighting influences and will remove safety hazards _._-----_.._,-~~~--,_....._._---_..._----.,._.._--~----..-.,.-."-,.... Resolution No. 1741 Page 2 within the Project Area. BE IT FURTHER RESOLVED that the Redevelopment Agency of the City of Chula Vista does hereby appropriates $50,000 from the un-appropriated balance of the Merged Project Fund to assist the construction of the necessary street improvement along Sierra Way as part of the construction of the Elementary Charter School at 590 K Street within the Southwest Redevelopment Project Area. Presented by f)-~ £P~ Chris Salomone ~ Director of Community Development Approved as to form by Resolution No. 1741 Page 3 PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, CALIFORNIA this 24th day of July, 2001 by the following votE!: AYES: Members Davis, Rindone, Salas, and Chair/Mayor Horton NOES: None ABSENT: Member Padilla ABSTENTIONS: None r- sd!;~~ Chairman ATTEST: r~ J:ß~ 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. 1741 and that the same has not been amended or repealed. Dated: July 25, 2001 ~,t 1l)Î~ Chris Salomone Executive Secretary