HomeMy WebLinkAboutReso 1976-8121RESOLUTION NO. 8121
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CHULA VISTA DETERMINING THAT THE
SOUTH COUNTY REGIONAL CENTER WILL BENE-
FIT THE BAYFRONT REDEVELOPMENT PROJECT.
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 adopted a Bayfront Redevelopment Plan;
and,
WHEREAS, said Bayfront Redevelopment Plan contem-
plates the development of substantial amounts of; com-
mercial-recreation oriented facilities such as hotels,
motels and restaurants; office buildings; light industrial
facilities; and residential units; and,
WHEREAS, said Agency, in cooperation with the Plan-
ning Commission of the City of Chula Vista, is presently
preparing a Third Avenue Redevelopment Plan designed to
assist in the revitalization of the central business dis-
trict of the City; and,
WHEREAS, said Third Avenue Redevelopment Plan in-
cludes the development of a South County Regional Center
for the provision of government services to the residents
and businesses of the Southern portion of San Diego County
including the existing and prospective residents and busi-
nesses within both the Bayfront and Third Avenue redevelop-
ment prof ec t areas ; and ,
WHEREAS, this Council has reviewed said Third Avenue
Redevelopment Plan; and,
WHEREAS, the City of Chula Vista and the County of
San Diego have agreed to the formation of a Joint Exercise
of Powers Authority for the financing, construction, and
operation of said South County Regional Center; and,
WHEREAS, it is necessary to utilize proceeds from
the issuance of tax increment bonds from the Bayfront pro-
ject for interim financing of a portion of the cost of
acquiring the land for said South County Regional Center; and,
WHEREAS, said South County Regional Center, by
making government services reasonably convenient to residents
and businesses of both the Bayfront and Third Avenue project
areas, will benefit both of said project areas.
NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Chula Vista that this Council finds and
determines that the proposed South County Regional Center
located within the proposed Third Avenue Project Area will
benefit the Bayfront Project Area.
BE IT FURTHER RESOLVED that this Council finds and
determines that it will benefit the Bayfront Project Area
to utilize funds from bond proceeds payable from taxes
levied in said project area for the interim financing of
a portion of cost of acquiring the land necessary for the
development of said South County Regional Center which
funds shall be reimbursed to said Bayfront project by the
proposed Joint Exercise of Powers Authority or by taxes
levied within the proposed Third Avenue project area or by
other governmental entities or by a combination thereof.
RESOLUTION N0. 8121
Page two o f two
Presented by
P u Desroc ers,
Community Development Director
Approved as to form by
/~~ ' `~ '~wLc
George Lindberg,
City Attorney
ADOPTED AND APPROVED by the CITY COUNCIL OF THE CITY
OF CHULA VISTA this THIRTEENTH day of APRIL 1976,
by the following vote, to wit:
AYES : Councilmember Hobel, Hamilton, Egdahl, Scott
NAYES: Councilmember None
ABSENT: Councilmember Hyde
ABSTAIN: Councilmember None +,~
Mayor o the City o Chula
Vista
ATTE
// City Clerk ~%
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, , City Clerk of the City
of Chula Vista, DO HEREBY CERTIFY that the above is a full,
true and correct copy of Resolution No. and that the
same has not been amended or repealed.
DATED:
City C erk