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HomeMy WebLinkAboutRDA Reso 2001-1751 RESOLUTION NO. 1751 (COUNCIL RESOLUTION NO. 2001-366) JOINT RESOLUTION OF THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA APPROVING THE DOWNTOWN PROPERTY AND BUSINESS IMPROVEMENT DISTRICT COOPERATIVE AGREEMENT, APPOINTING THE INITIAL BOARD OF DIRECTORS, AND AMENDING THE 2001-2003 TOWN CENTRE I REDEVELOPMENT PROJECT AREA FUND BUDGET WHEREAS, the establishment of a Property-Based Business Improvement District has been a top priority of the City and Redevelopment Agency as evidenced by the City and Agency agreeing to SUpport the formation of the District through signing of the Establishment Petition and agreeing to be assessed as a downtown property owner at the City Council meeting of May 1, 2001; and WHEREAS, in accordance with the Property and Business Improvement District Law of 1994 as set forth in Section 33600, et seq., of the California Streets and Highways Code and Article XIIID of the Constitution of the State of California, enacted by the approval of Proposition 218, and upon the successful completion of the petition drive, the City, on June 5, 2001, adopted a Resolution of Intent to form the PBID; and WHEREAS, balloting and a formal Proposition 218 vote of all affected property owners was properly and successfully conducted and ballots opened and tabulated at the public hearing held on July 24, 2001, confirming the District boundaries and individual assessments; and establishing the Downtown Chula Vista Property-Based Business Improvement District pursuant to the 1994 law; and WHEREAS, the adoption of a Cooperative Agreement, initial seating of a Board of Directors and associated budget adjustment in the Town Centre I Redevelopment Project Fund are needed to implement the adopted District NOW, THEREFORE, BE IT RESOLVED the City and Redevelopment Agency of the City of Chula Vista do hereby approve the Downtown Property and Business Improvement District Cooperative Agreement, appoints the initial Board of Directors, and amends the 2001-2003 Town Centre I Redevelopment Project Area Fund by appropriating an additional $18,000 from the available fund balance for fiscal year 2001-2002 and deleting $4,850 from the spending plan for fiscal year 2002-2003. Presented by Approved as to form by (J~. ~/~O/ Chris Salomone Director of Community Development Resolution No. 1751 Page 2 PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, CALIFORNIA this 23rd day of October, 2001 by the following vote: AYES: Members Davis, Padilla, Rindone, Salas, and Chair/Mayor Horton NOES: None ABSENT: None ABSTENTIONS: None ~~~/Þ&H Shirley Hort 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. 1751 and that the same has not been amended or repealed. Dated: October 24, 2001 ~~~ Chris Salomone Executive Secretary