HomeMy WebLinkAboutReso 1982-11116, 7222C JHHW:CFA:dfd 12/03/82
RESOLUTION NO. 11116
RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CHULA VISTA DETERMINING THAT CERTAIN
STRUCTURES AND OTHER IMPROVEMENTS ARE OF BENEFIT
TO THE BAYFRONT/TOWN CENTRE REDEVELOPMENT PROJECT
AREAS, AND APPROVING AND AUTHORIZING REPAYMENT CONTRACT
WHEREAS, the Redevelopment Agency of the City of Chula Vista (the "Agency")
proposes to enter into a Repayment Contract, dated as of December 1, 1982 (the
'IRepayment Contract") with the City of Chula Vista (the "City"), providing for the
repayment by the Agency to the City of certain Tax Revenues (as that term is
defined in the Repayment Contract) to offset certain Lease Payments paid by the
City under that certain Lease Agreement dated as of December 1, 1982 by and between
the City and Imperial Municipal Services Group, Inc. ("Imperial"); and
WHEREAS, the Agency is authorized under Section 33445 of said Code to
reimburse the City for the costs of acquiring land and publicly-owned facilities
leased to the City upon certain determinations;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of dhula
Vista, as follows:
Section 1. The City Council hereby determines that the Project and the Site
(as such terms are defined in the Lease Agreement) are of benefit to the Town Centre
Redevelopment Project Area and the Bayfront Redevelopment Project Area of the
Agency, which two project areas have been merged pursuant to Ordinance No. 1872,
adopted by the Council on July 17, 1979. The City Council further hereby
determines that no other reasonable means of financing said Project and Site are
available to the City or the Agency.
Section 2. The Repayment Contract. The Repayment Contract, in
substantially the form presented to the City Council at this meeting, together with
any additions thereto or changes herein deemed necessary or advisable by the City
Attorney, is hereby approved. The Mayor of the City is hereby authorized and
directed to execute and the City Clerk is hereby authorized and directed to attest
and affix the seal of the City to the Repayment Contract for and in the name and on
behalf of the City.
Section 3. Effective Date, This resolution shall take effect on and
after its adoption.
Presented b App~ved as to form b
' ~eorge D. Lindberg
Community Development Di rector City Attorney
iIII Lp
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, CALIFORNIA, this 16th day of December
19 82 , by the following vote, to--wit:
AYES: Councilmen Moore, McCandliss, Scott, Cox, Malcolm
NAYES: Councilmen None
ABSTAIN: Councilmen None ................................
ABSENT: Councilmen
Mayor of the City of Chula Vista
ATTEST
City C erk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California,
DO HEREBY CERTIFY thor the obove and foregoing is o full, true and correct copy of
Resolution No. 11116 ,and that the same has not been amended or repealed,
DATED December 23, 1982
(seal) City Clerk
CC-660