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HomeMy WebLinkAboutRDA Reso 2001-1752 RESOLUTION NO. 1752 (COUNCIL RESOLUTION NO. 2001-367) JOINT RESOLUTION APPROPRIATING $500,000 FROM UNEXPENDED REDEVELOPMENT AGENCY 2000 TAX ALLOCATION BOND PROCEEDS IN THE MERGED PROJECT AREA FUND AND $500,000 FROM THE AVAILABLE FUND BALANCE IN THE PUBLIC FACILITIES DEVELOPMENT IMPACT FEE FUND INTO CAPITAL IMPROVEMENT PROJECT PS 149 FOR ADDITIONAL RELOCATION COSTS FOR THE NEW DOWNTOWN POLICE FACILITY WHEREAS, the use of the 2000 Tax Allocation Bond proceeds for relocation purposes at the proposed new Police Department facility is an eligible redevelopment expense and located within the Town Centre I Redevelopment Project Area; and WHEREAS, the use of the available fund balance in the Public Facilities Impact Fee Fund is also a suitable funding source for a major public project like the new Police Department facility which will serve the entire City; and WHEREAS, the relocation of business tenants from the proposed new Police Department facility will facilitate the redevelopment of an underutilized commercial site and further the cause of downtown revitalization through the development of a major new intill facility; WHEREAS, the new Police Department facility development requires that the City provide a comprehensive package of relocation services, pursuant to State Redevelopment Law, to business tenants that will be displaced by the project; and WHEREAS, the initial appropriation of $500,000 is inadequate to accommodate the relocation settlements as proposed and additional funding is required; NOW, THEREFORE, BE IT RESOLVED the City Council and Redevelopment Agency of the City of Chula Vista do hereby approve a Resolution appropriating $500,000 from unexpended Redevelopment Agency 2000 Tax Allocation Bond proceeds in the Merged Project Area Fund and $500,000 from the Available Fund Balance in the Public Facilities Development Impact Fee Fund into Capital Improvement Project PS 149 for relocation costs for the new downtown police facility. Presented by eL: ~ Chris Salomone Director of Community Development Approved as to Form by ..-"....~_.-_..__.-.."._._~-_._.__._----_. -_.._.._.~---~------.--._._----"_..~-----' -..-.-.-. -.---.-.. -..---..-...-.... .._-----_...-----~~_.. ._- Resolution No. 1752 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 -;f4r::r ~~ Shirley Horto Chairman ATTEST: fL~ 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, Califomia DO HEREBY CERTIFY that the foregoing is a full, true and correct copy of Resolution No. 1752 and that the same has not been amended or repealed. Dated: October 24, 2001 ~~~ Chris Salomone Executive Secretary