HomeMy WebLinkAboutRDA Reso 1992-1290
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RESOLUTION NO. 1290
RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
CHULA VISTA APPROVING THE SETTLEMENT AGREEMENT BETWEEN
THE CITY, AGENCY AND VARIOUS PARCEL OWNERS WITHIN THE OTA Y
VALLEY ROAD WIDENING ASSESSMENT DISTRICT, AD 90-2, AND
AUTHORIZING THE CHAIRMAN TO EXECUTE SAME ON BEHALF OF THE
CITY OF CHULA VISTA
NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency of the
City of Chula Vista does hereby approve the Settlement Agreement between the City, Agency
and various parcel owners within the Otay Valley Road Widening Assessment District, AD 90-2,
a copy of which is on file in the office of the City Clerk.
BE IT FURTHER RESOLVED that the Chairman of the Redevelopment Agency of
the City of Chula Vista is hereby directed to execute said Agreement for and on behalf of the
Redevelopment Agency of the City Chula Vista.
BE IT FURTHER RESOLVED that the sum of $100,000 is hereby appropriated from
Account No. 996-9960-STl23 (balance of an Agency Loan Receivable from the City for City's
Purchase ofa Mitigation Site) and $72,836.75 from revenues the Agency expects to receive from
the Agency's sale of the Right of Way to the Assessment District, 90~2.
Presented by
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Bruce M. Boogaard, Agency Gene~Counsel
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Chris Salomone
Community Development Director
C,WP51 IAGENCY\RESOSISIROON.RES
Resolution No. 1290
ADOPTED AND APPROVED BY THE REDEVELOPMENT AGENCY OF THE CITY OF
CHULA VISTA, this 8th day of December 1992 by the following vote, to-wit:
AYES: Members Fox, Horton, Moore, Rindone, Nader
NOES: None
ABSENT: None
ABSTENTIONS: None
ATTEST:
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Chris Salomone
Executive Secretary
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO) ss:
CITY OF CHULA VISTA)
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I, Chris Salomone, Executive Secretary to the Redevelopment Agency of the City of Chula
Vista, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy
of Resolution No. 1290 and that the same has not been amended or repealed.
Dated:
Chris Salomone
Executive Secretary