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HomeMy WebLinkAboutRDA Reso 1978-0121 RESOLUTION NO. 121 RESOLUTION OF THE REOEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA APPROVING GUIOELINES FOR CHANGE IN POLICY OF OWNER PARTICIPATION AGREEMENTS IN TOWN CENTRE WHEREAS, the Redevelopment Agency is desirous of insuring that public are installed in the Town Centre Project Area; and, WHEREAS, the Redevelopment Agency wishes to avoid an undue burden on )hose desiring to carry out major remodelling or construction in the Town Centre Project Area. NOW, THEREFORE BE IT RESOLVED that the Redevelopment Agency of the City of Chula Vista does hereby adopt the following guidelines for public improvement i.'guidelines in Owner Participation Agreements entered into in the Town Centre Project ; Area: 1. Owner Participation Agreements be required for all remodelling or new construction totaling an estimated cost of $10,000 rather than the current $20,000. 2. Installation of public improvements will be required as an item in the Owner Participation Agreement if such improvements are deemed necessary by the Executive Director of the Redevelopment Agency. In the event that monies are available to the Redevel- opment Agency for such improvements, the requirement may be waived as an item of the Owner Participation Agreement. Approved as to form by /) / . , ! ;e.<r[, ' P Desroche s, Communlty Development Di rector n/"/ / / . " ,{/ A - //'(:/~ .,-< ,'/z/zeYU/-.7 George D. Lindberg, City Attorney ADOPTED AND APPROVED BY THE CHULA VISTA REDEVELOPMENT AG~NCY, this day 0 f June , 1978, by the fo 11 owi ng vote, to-wi t: ~1e:nbers Scott, Hobe 1, Cox, Hyde Members None Members Eqdah 1 J.j) r ~ Chairman of the Redeve10pmen 7 OF CALIFORNIA "COUNTY OF SAN DIEGO . CITY OF CHUU. VISTA ss: I, Paul G. Desrochers, Secretary to the Redevelopment Agency of the City ~of Chula Vista, California, DO HEREBY CERTIFY that the above and foregoing is a ~'." ,/ full, true and correct copy of and that the same has not been amended or repealed. ,-I ;)-1 Secretary SEAL