HomeMy WebLinkAboutReso 1979-9620RESOLUTION NO. 9620
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CHULA VISTA FINDING AND DETERMIN-
ING THAT THE LEASING OF LAND AND THE CON-
STRUCTION OF A COURTHOUSE AND RELATED
PUBLIC IMPROVEMENTS WITHIN THE TOWN
CENTRE REDEVELOPMENT PROJECT IS OF BENE-
FIT TO THE TOWN CENTRE REDEVELOPMENT
PROJECT AND CONSENTING TO ISSUANCE OF
LEASE REVEEJUE BONDS BY THE AGENCY FOR THE
PURPOSE OF FINANCING THE COST OF THE CON-
STRUCTION OF SAID COURTHOUSE AND RELATED
PUBLIC IMPROVEMENTS
WHEREAS, the Chula Vista Redevelopment Agency
is a redevelopment agency (a public body, corporate and
politic) duly created, established and authorized to
transact business and exercise its powers, all under and
pursuant to the Community Redevelopment Law (Part I of
Division 24 of the Health and Safety Code of the State
of California) and the powers of said Agency include the
power to issue bonds for any of its corporate purposes; and
WHEREAS, a redevelopment plan for a redevelop-
ment project known and designated as "Town Centre Redevelop-
ment Project" has been adopted and approved and all require-
ments of law for, and precedent to, the adoption and
approval of said plan have been duly complied with; and
P7HEREAS, the plan contemplates that the Agency
will issue its bonds to finance a portion of the cost of
such redevelopment; and
WHEREAS, the Agency has determined that the
construction of a courthouse and related public improve-
ments within the Towne Centre Redevelopment Project for
use by the County of San Diego will benefit said project
area and the neighborhood surrounding said project;
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL
OF THE CITY OF CHULA VISTA:
Section 1. That the City Council of the City
of Chula Vista finds and determines that the leasing of
land by the Agency and the construction of a courthouse
and related public improvements within the Town Centre
Redevelopment Project will be of benefit to said project
area and the neighborhood in which said project is located.
Section 2. That the City Council of the City
of Chula Vista finds and determines that no other reasonable
means of financing the leasing of land and the construction
of said courthouse and related public improvements are
available to the City other than the issuance by the
Agency of its lease revenue bonds.
Section 3. That the City Council of the Cit
~~ Y
of Chula Vista pursuant to Section 33445 of the Health and
2.
Safety Code of
to the payment
property and t
related public
Agency's lease
$51,000,000.
the State of California hereby consents
by the Agency of the cost of leasing
ae construction of said courthouse and
improvements through the issuance of the
revenue bonds in the principal amount of
PASSED AND ADOPTED this 7th day of June, 1979.
~~ ~~
Mayor of the City of Chula Vista
~ti~
ATTEST:
ty Clerk of t e City of Ch a Vista
3.
t
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, CALIFORNIA, this 7th doy of June
197-s._, by the following vote, to-wit:
AYES Councilmen Egdahl, Hyde, Gillow, Cox
NAYES: Councilmen None
ABSTAIN: Councilmen None
ABSENT: Councilmen scott
~~~~ ~[ "~ ~~
~ Mayor of the City of
/-
ATTE
City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) s s .
CITY OF CHULA VISTA )
Vista
I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California,
DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION 9620 ,and that the same has not been amended or repealed.
DATED
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(seal) City Clerk
CC-660