HomeMy WebLinkAboutReso 1974-7390
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RESOLUTION NO. 7390
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA AUTHORIZING A LOAN OF $10,000 TO THE CHULA
VISTA REDEVELOPMENT AGENCY FOR THE PREPARATION OF
PHASE I OR FEASIBILITY PHASE OF A STUDY OF THE
THIRD AVENUE DOWNTOvill BUSINESS DISTRICT
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, the Chula vista Redevelopment Agency has hereto-
fore adopted a resolution authorizing the Executive Director to
proceed with the retention of a consulting firm for the purpose
of completing a planning study of the Third Avenue Downtown Business
District, and
WHEREAS, Phase I of said study would involve a feasi-
bility analysis intended to define the limits of the prospective
redevelopment area and the nature and extent of the types of busi-
nesses or enterprises which would create a viable redevelopment of
the area known generally as the Third Avenue Downtown Business
District, and
WHEREAS, the Executive Director has indicated that
Phase I of the study would cost approximately $10,000, and
WHEREAS, said authorization of the Executive Director by
the Redevelopment Agency was conditioned upon the receipt by the
City Council from the Advisory Committee of the parking and Business
Improvement Area, as established by Ordinance No. 1372 on November 16,
1971, of a budget in the sum of not less than $5,000 on or before
September 1, 1974 to be used for general promotion of the Third
Avenue Downtown Business District in calendar year 1975 accompanied
by an assessment schedule to produce revenues for said budget
through additional business license levies in January of 1975.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Chula vista that the sum of $10,000 be, and the same is
hereby appropriated from the unappropriated surplus of the General
Fund, which amount shall be loaned to the Chula Vista Redevelopment
Agency to be expended for the purposes outlined hereinabove and to
be repaid at such time as the redevelopment project is generating
revenues.
BE IT FURTHER RESOLVED that the City Clerk of the City of
Chula vista be, and she is hereby authorized and directed to forward
certified copies of this resolution to the members of the Advisory
Committee of the Parking and Business Improvement Area.
Presented by
Approved as to form by
~~
Thomson, C1ty Manager
.}\DDl'Tjm MJD l\PPHOVED Ill' TilE eI'rY COUNClJ~ OF 'l'IlE Cl.'!''>'
OF CIIULA VI,STI\, Cl\LI F0I1JJI A , tIns 23rd
day of
July
1974, by the followi~g vote, to-w1t:
hYES:
COl:l1e.<.-tIJlf'-rl
Hyde, Egdahl, Scott, Hobel, Hamilton
NlIYES:
. COllJ1c..<.,tmen
None
ABSEN'I' :
Coune.i.,tmeI1
None
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Mayo/!. (. t .t,] e"C-<...ty 06" Chiitc<' V-<"I.\,(:a
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STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) 55.
CITY OF CHULA VISTA )
I, JENNIE M. FULASZ, C-<..ty Cle~k 06 the City 06 Chuia V~6ta,
Cali6oltJ1,[a, VO HEREBY CERTI FY that theil.bove and 60lte90il19 i~ a 6u.a,
tl(Uc. and COI(Il.c.ct copy 06
and that the ~ame hao not been amended O~ Itepealed.
VATH:
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