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HomeMy WebLinkAboutRDA Reso 2003-1827 JOINT RESOLUTION NO. 1827 City Council Resolution No. 2003-277 RESOLUTION OF THE CI1Y COUNCIL AND REDEVELOPMENT AGENCY OF THE CI1Y OF CHULA VISTA GRANTING REIMBURSEMENT IN THE AMOUNT OF $18,797 TO THE METROPOLITAN AREA ADVISORY COMMITTEE TO COVER THE COST OF ON-STREET IMPROVEMENTS INSTALLED AS PART OF THE REHABILITATION AND REUSE OF THE BUILDING LOCATED AT 1351-1395 THIRD AVENUE WITHIN THE SOUTHWEST REDEVELOPMENT PROJECT AREA AND APPROPRIATING $18,797 FROM THE UN-APPROPRIATED BALANCE OF THE MERGED PROJECT FUND FOR THIS PURPOSE WHEREAS, the Metropolitan Area Advisory Committee (MAAC), a 501 (c) (3) Califomia Nonprofit Benefit Corporation, entered into an Owner Participation Agreement with the Redevelopment Agency in October 2001for the rehabilitation and reuse of the building at 1351- 1395 Third Avenue ("Project") within the Southwest Redevelopment Project Area ("Project Area"); and WHEREAS, the Redevelopment Agency required MAAC to install certain on-street pUblic improvements, which include the extension of a raised median on Third Avenue and the installation of a street light on Quintard Street ("Improvements"), as part of the Project; and WHEREAS, the construction of those Improvements has been completed and inspected and accepted by the City Engineer; and WHEREAS, the construction of these improvements will remove pedestrian and vehicular traffic hazards and will provide a general public benefit; and WHEREAS, the cost of these improvements is $18,797 for which MAAC is requesting assistance and reimbursement from the Redevelopment Agency; and WHEREAS, the City Council and Agency determined that Agency financial assistance is necessary to the Project and no reasonable altemative means of funding exists for the Project; and . WHEREAS, the City Council and 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 City Council and Redevelopment Agency of the City of Chula Vista hereby makes the following findings: Joint Resolution No. 1827 City Council Resolution No. 2003-277 Page 2 1. The proposed Project and necessary on-street improvements along Third Avenue and Quintard Street are of benefit to the Project Area and the immediate neighborhood because they improve traffic flow along Third Avenue and access onto and from the site; and 2. There are no other reasonable means of financing the necessary on-street improvements along Third Avenue and Quintard Street; and 3. The Agency's contribution toward the cost of the street improvements along Third Avenue and Quintard Street will assist in the elimination of blighting influences by improving traffic and pedestrian safety within the Project Area. BE IT FURTHER RESOLVED that the Redevelopment Agency of the City of Chula Vista does hereby appropriates $18,797 from the un-appropriated balance of the Merged Project Fund to assist the construction of the necessary on-street improvement along Third Avenue and Quintard Street within the Southwest Redevelopment Project Area. Presented by Approved as to form by ~ú/~~ Lauri A. Madigan Direc r of Community Development Joint Resolution No. 1827 City Council Resolution No. 2003-277 Page 3 PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, CALIFORNIA this 17th day of June, 2003 by the following vote: AYES: Members Davis, Rindone, Salas, McCann, Chair/Mayor Padilla NOES: None ABSENT: None ABSTENTIONS: None 4!.t&f?JlL Chairman ATTEST: STATE OF CALIFORNIA) COUN1Y OF SAN DIEGO) ss: CITY OF CHULA VISTA) I, Laurie Madigan, 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. 1827 and that the same has not been amended or repealed. Dated: July 2, 2003 TP~~~) Lau e A. Madigan Executive Secretary