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HomeMy WebLinkAboutRDA Reso 2001-1755 RESOLUTION NO. 1755 (COUNCil RESOLUTION NO. 2001-386) JOINT RESOLUTION OF THE CITY COUNCIL AND THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA AMENDING THE STOREFRONT RENOVATION PROGRAM BY INCREASING REBATE AMOUNTS IN THE TOWN CENTRE I REDEVELOPMENT PROJECT AREA AND EXPANDING THE PROGRAM TO ELIGIBLE PROJECTS IN THE H STREET CORRIDOR BETWEEN BROADWAY AVENUE AND INTERSTATE 5, TRANSFERRING FUNDS FOR THE PROGRAM FROM THE TOWN CENTRE I PROFESSIONAL SERVICES FUND TO THE COMMUNITY DEVELOPMENT SPECIAL PROJECTS FUND, AND AUTHORIZING THE COMMUNITY DEVELOPMENT DIRECTOR TO ENTER INTO AGREEMENTS WITH ELIGIBLE PARTICIPANTS WHEREAS, the Storefront Renovation Program was established by Joint Resolution on November 14, 2000 establishing matching rebates for eligible façade and signage projects in a target area of the Town Centre I Redevelopment Project Area; and WHEREAS, City Council authorized the H Street Beautification Program by resolution on September 18, 2001, authorizing a beautification of a primary entryway to the City on H Street between Broadway Avenue and Interstate 5; and WHEREAS, City Council has determined to increase Storefront Renovation Program rebate . amounts to more closely match current market conditions; and WHEREAS, City Council has determined to extend the Storefront Renovation Program to the H Street Beautification Project area between Broadway Avenue and Interstate 5 and to modify the program to suit needs in the H Street area; NOW, THEREFORE, BE IT RESOLVED the City Council and Redevelopment Agency of the City of Chula Vista do hereby amend the Storefront Renovation Program to: 1. Provide a 50-percent matching rebate for eligible full façade improvements in target areas up to a maximum amount of$10,000; 2. Provide a 30-percent matching rebate for eligible storefront sign projects up to a maximum amount of $4,000; 3. Provide 50-percent matching rebates for eligible monument sign projects in the H Street Corridor target area up to a maximum amount of $8,000; AND, FURTHER, BE IT RESOLVED the City Council and Redevelopment Agency of the City of Chula Vista do hereby authorize the transfer of program funds from the Town Centre I Professional Services Fund to the Community Development Special Projects Fund; AND, FURTHER, BE IT RESOLVED the City Council and Redevelopment Agency of the City of Chula Vista do hereby authorize the Community Development Director to enter into agreements with eligible participants. Presented by Approved as to form by ~~ Director of Community Development Resolution No. 1755 Page 2 PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, CALIFORNIA this 13th day of November, 2001 by the following vote: AYES: Members Davis, Padilla, Rindone, Salas, Chair/Mayor Horton NOES: None ABSENT: None ABSTENTIONS: None ,.Jk1f~Æ'12;;_ Shirley Hort Chairman ATTEST: L~ 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. 1755 and that the same has not been amended or repealed. Dated: November 14, 2001 ~~Q~ Chris Salomone Executive Secretary