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HomeMy WebLinkAboutReso 1983-11337 RESOLUTION NO. 11337 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA TRANSFERRING $10,000 OF APPROPRIATED BLOCK GRANT FUNDS TO THE OTAY VALLEY ROAD AREA STUDY The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, the Redevelopment Agency of the City of Chula Vista has designated the Otay Valley Road area as a Redevelopment Survey Area; and, WHEREAS, the designation of the Redevelopment Survey Area is made\in order to study the designated area as to the feasibility of declaring a portion of the area as a redevelopment project; and, I WHEREAS, the study includes the formulation of a p~eliminary plan and a redevelopment plan; and, WHEREAS, certain costs are associated with such a study; and, WHEREAS, the City is the recipient of certain Community Development Block Grant funds, an eligible use of which is the planning and promotion of economic development which would generate employment for low and moderate income persons; and, WHEREAS, the declaration of a redevelopment project on Otay Valley Road would stimulate economic development of that area, promoting industrial uses which would generate low and moderate income employment; and, WHEREAS, the use of Community Development Block Grant funds for Ithe Otay Valley Road Redevelopment Study would thus be an ellglble approprlate use of those funds. ", . I NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that $10,000 in Block Grant funds are hereby transferred to the Otay Valley Road Study Project as follows: I 1. The sum of $6,426.77 from surplus Block Grant funds in fund 633 to Otay Valley Road account 633-6330-BG127. 2. The sum of $3,573.23 from surplus Block Grant funds in the Central Storm Drain Block Grant account 630-6300-BG69 to Otay Valley Road account 630-6300-BG127. Approved as to form by ~~~0 Acting City Attorney P 1 G. Desroc rs Community Development Director WPC 0488X ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE ULA VISTA, CALIFORNIA, this 83 2nd day of August CITY OF I I , by the following vote, to-wit: Malcolm, Cox, Moore, Scott Councilmen ES: YES: ISTAIN: SENT: Councilmen None Councilmen None Councilmen McCandliss ROx Mayor TEST ~ 'l2zdWo/ (/ City Clerk City of Chura Vista ~TE OF CALIFORNIA UNTY OF SAN DIEGO Y OF CHULA VISTA ) ) ss. ) I, JENNIE HEREBY CERTIFY RESOLUTION NO. M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California, that the above and foregoing is a full, true and correct ~Opy of I I 11337 . ,and that the same has not been amended lor repealed. TED City Clerk (seall :-660