Loading...
HomeMy WebLinkAboutReso 1983-11171 RESOLUTION NO. 11171 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA TRANSFERRING FUNDS FOR THE OTAY VALLEY ROAD REDEVELOPMENT 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 a Redevelopment Survey Area is made in order to study the designated area as to the feasi- bility of declaring a portion of the area as a Redevelopment project; and WHEREAS, the study includes the formulation of a preliminary 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 promoting 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 the Otay Valley Road Redevelopment Study would thus be an eligible, appropriate use of those funds. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista as follows: 1. A Community Development Block Grant Project, entitled Otay Valley Road Redevelopment Study, is hereby established. 2. The sum of $6,311.81 is hereby transferred from Community Development Block Grant Account 631-6310-BG126 to Community ~velopment Block Grant Account 631-6310-BG127. 3. The sum of $29,288.19 is hereby transferred from Community Development Block Grant Account 634-6340-B107 to Community Development Block Grant Account 634-6340-BG128. Pa George D. Lindberg, City Community Development Attorney Director -2- ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CHULA VISTA, CALIFORNIA, this 15th doy of February 19 83 , by the following vote, to-wit: AYES: Councilmen Nalcolm, Moore, McCandliss, Scott, Cox NAYES: Councilmen None None ABSTAIN: Cocecilmen None ABSENT: Councilmen Moy~e City of Chulo Visto ST, _ OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chulo Visto, Colifornio, DO HEREBY CERTIFY fhot the obove ond foregoing is o full, true ond correct copy of RESOLUTION N0. 11171 ,and thor the some hos not been omendeal or repeoled. DATED (seol) City Clerk cc-sso ,,'eLf//9 /