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HomeMy WebLinkAboutRDA Reso 2002-1796 AGENCY RESOLUTION NO. 1796 AND COUNCIL RESOLUTION NO. 2002-378 JOINT AGENCY/COUNCIL RESOLUTION AMENDING THE FISCAL YEAR 2003 BUDGET BY APPROPRIATING $240,000 IN THE MERGED PROJECT AREA FROM UNANTICIPATED PROCEEDS FROM THE 2000 TAX ALLOCATION BOND FOR REPAYMENT OF OUTSTANDING ADVANCES FROM THE BAYFRONTITOWN CENTRE I PROJECT AREA; AND APPROPRIATING $240,000 IN THE BAYFRONTITOWN CENTRE I PROJECT AREA FROM UNANTICIPATED ADVANCE REPAYMENTS FOR THE DOWNTOWN MONUMENT SIGN PROJECT WHEREAS, The Town Centre I Redevelopment Area was adopted in 1976 as a unique area in Chula Vista that requires special attention and consideration in order to eliminate and reverse physical and economic deteriorating conditions, and provide and maintain the necessary infrastructure to revitalize and redevelop the area; WHEREAS, the Downtown Monument Sign is the culmination of proactive business efforts from the downtown business community, and recent and proposed redevelopment activities that is steadily transforming downtown into a vibrant central business district; and WHEREAS, the design work for monument sign was officially initiated in early February 2002 when Graphic Solutions, a firm experienced in the creation of similar sign projects, was retained by the City to provide design expertise; and WHEREAS, a series of meetings with city staff and downtown stakeholders enabled Graphic Solutions to design a unique crossover sign that incorporates an image of a sun and waves similar to the city's logo; and WHEREAS, the meetings also provided the opportunity to discuss and eventually select the proposed location for installation of the sign, which is located at the most narrowest segment of Third Avenue between "F" and "G" Streets, specifically the sidewalk pop outs located just south of the east-west pedestrian crosswalk adjacent to Park Way; and WHEREAS, the proposed location for installation of the monument sign was selected due to the visual impact the monument sign would make at the proposed location, the site's close proximity to Memorial Park, and the site working well with downtown special events; and WHEREAS, the Town Centre Project Area Committee and Redevelopment Agency and City Council voted unanimously in favor of the concept design for the Downtown Monument Sign, and the location for installation of the Monument Sign; and WHEREAS, the Community Development Department Planning and Environmental Manager has determined that the project is categorically exempt from the California Environmental Quality Act under Class 3 of Section 15303(c), which refers to the new construction of small structures; and ---------.---- Resolution No. 1796 Page 2 WHEREAS, the proposed project is consistent with the City's General Plan, Zoning Ordinance, Town Centre I Redevelopment Plan, and Town Centre I Land Use Policy; and 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 monument sign will benefit the project area because it is part of an overall downtown revitalization effort to implement the "vision" of establishing downtown Chula Vista as the business, entertainment, civic, and cultural focal point of the city; the monument sign will showcase the downtown area, and notify visitors that they are in the "heart" of Chula Vista; and 2. There are no other funding sources available or budgeted to pay for the costs associated with planning, constructing, and installing the monument sign; therefore, financial assistance from the Redevelopment Agency is required in order to move the project forward; and 3. Funding for the monument sign will be used to hire a sign fabricator to construct and install the monument sign, relocate 1-2 street cobra lights, remove outdated and deteriorating street furniture, refurbish the sidewalk pop-outs, and related electrical and maintenance work. BE IT FURTHER RESOLVED that the Redevelopment Agency and the City Council of the City of Chula Vista does hereby adopt a joint resolution to amend the fiscal year 2003 budget by appropriating $240,000 in the Merged Project Area from unanticipated proceeds from the 2000 Tax Allocation Bond for repayment of outstanding advances from the BayfrontITown Centre I Project Area; and appropriating $240,000 in the BayfrontITown Centre I Project Area from unanticipated advance repayments for the Downtown Monument Sign Project. Presented by ~~d/ Chris Salomone Director of Community Development Approved as to form by Resolution No. 1796 Page 3 PASSED, APPROVED and ADOPTED BY THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA, CALIFORNIA this 17th day of September, 2002 by the following vote: AYES: Members Davis, Padilla, Rindone, Salas, and Chair/Mayor Horton NOES: None ABSENT: None ABSTENTIONS: None ,d/~{ff¡ jVo~n Shirley Hort Chairman ATTEST: (VL~ 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. 1796 and that the same has not been amended or repealed. Dated: September 17, 2002 Gk~ Chris Salomone Executive Secretary