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HomeMy WebLinkAbout1977 021 CC RESO1977 021 CC RESO8f;¢fHõ3peRESOLUTION NO. 77-21 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK APPROVING AN AGREEMENT BETWEEN SAID CITY AND THE BALDWIN PARK REDEVELOPMENT AGENCY PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445 AND MAKING CERTAIN FINDINGS WITH RESPECT THERETO WHEREAS, the Community Redevelopment Law of the State of California Health and Safety Code Sections 33000 et seq.), among other provisions granting powers to redevelopment agencies, contains Section 33445 which provides that a redevelopment agency, with the consent of the legislative body, may pay alt or part of the cost of installing and constructing any building, facility, structure or other improvement which is publicly owned either within or without a project area upon a determination by such agency and such legislative body by resolution that such building, facility, structure or other improvement is of benefit to such project area; and WHEREAS, said Section 33445 also provides that when the community has initially paid for such installation or construction or will pay for same, the agency may agree to reimburse the community for said payments; and WHEREAS, the City has proposed the installation and construction of certain public improvements as described on Exhibit A" attached hereto and incorporated herein by this reference. NOW. THEREFORE, the City Council of the City of Baldwin Park finds, determines and resolves as follows: SECTION 1. The acquisition, construction and installation of the publicly owned facilities as described in Exhibit A" attached hereto and incorporated herein by this reference wilt directly and substantially benefit the Puente-Merced/South Baldwin Park Redevelopment Project and the implementation of the adopted redevelopment plan. The development of the proposed public improvements will provide a substantial incentive to the development of the areas within the redevelopment project and will provide substantial inducement for commercial firms to locate their facilities within said project area. SECTION 2. It is hereby found and determined that the acquisition, installation and construction of the publicly owned facilities described on Exhibit A" are of benefit to the project area or the immediate neigh- borhood in which the project is located and that no other reasonable means of financing any of the public improvements herein referred to are available to the community. With respect to the other means of financing, it is found and determined that the principal benefits of the proposed improvements will be to the project area and that no general City obligation bonds should therefore be proposed to the voters of the City; the City is urrable to provide general funds in sufficient amounts to pay the costs of the improve- ments and facilities proposed; and other sources of revenue available to the City have been committed to projects in other locations and are not available for the project. SECTION 3. The Mayor and City Clerk are hereby authorized and directed to execute an Agreement with the Agency in substantially the form attached hereto. SECTION 4. The City Clerk shall certify to the adoption of this Resolution. APPROVED AND ADOPTED this 17th day of March, 1977. ATTEST: 2^^<- /^^^-^^-^ THELMA L. BALKUS, CITY CLERK BIB] 37685-U01 1977-U02 021-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10862-U03 DO11068-U03 C6-U03 RESO-U03 3/4/2003-U04 ROBIN-U04 1977 021 CC RESO8f;¢fHõ3peResolution No. 77-21 Page 2 STATE OF CALIFORNIA COUNTY OF LOS ANGELES) SS: CITY OF BALDWIN PARK I, THELMA L. BALKUS, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing resolution was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at its regular meeting of the City Council on the 17th day of March, 1977, by the following vote: AYES: COUNCILMEN BLEWETT, AGUILAR, HAMILTON, KITCHEL AND MAYOR WALDO NOES: COUNCILMEN____________________________________ ABSENT: COUNCILMEN cj^U^ L~ THELMA L. BALKUS, CITY CLERK BIB] 37685-U01 1977-U02 021-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10862-U03 DO11068-U03 C6-U03 RESO-U03 3/4/2003-U04 ROBIN-U04 1977 021 CC RESO8f;¢fHõ3peResolution No. 77-21 EXHIBIT A' ESTIMATED COSTS FOR THE IMPROVEMENT PLAN IN THE PUENTE-MERCED/ SOUTH BALDWIN PARK BOULEVARD REDEVELOPMENT PROJECT AREA Improvements to the Baldwin Park Boulevard on/off ramp system includes signals, street and freeway on/off ramp realignment and other related i mprovements) $ 744,500.00 Improvements to Dalewood Street east of Leorita Street includes realignment, reconstruction and other related improvements) 64,600.00 Improvement to the Puente Avenue on/off ramp system and to Garvey Avenue includes signals, street and freeway on/off ramp realignment and other related improvements) 2,116,400.00 TOTAL ESTIMATED COST FOR IMPROVEMENTS $2,925,500.00 BIB] 37685-U01 1977-U02 021-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10862-U03 DO11068-U03 C6-U03 RESO-U03 3/4/2003-U04 ROBIN-U04 1977 021 CC RESO8f;¢fHõ3peA C K K K M K N J' TillS AC;F;J-:1^U-;M'!' i;; entered into h i s I/1 h day ol March. 1977, by and betw.-en UK- liAl.l)'.'/1 J PA1UC K1-;1)KVK!,>)PMI-:MT ACi^CY hereinafter referred to a^; AGKNC^") and the CITY 01' liALDWIN PARK. a inun Lc-lpal corporal, t'.on, herein.'ift-er referred to as CITY"). R E C I T A J. 1. California Health and Safety Code Snctioii 33445 provides that a redevoloprac-nt a^oncy, wi tli the consent; of the legislative body, may pay a1 1 or part of the co:*t oF in;itallin^ and const rin-l:in^. any bui Id 11;-',, rac.E lity. struc t'-Lire or other improvement, which 1 *; pnl>.l.icly owned ej ther wilhit^ or without a project area upon a dei:ennination hy such agency and such legislative body by'r-esolution that inich buildin.^-,, facility, structure or other improvement is of benefit to such project area or the immediate neighborhood in which th^ project is located. 2. Said Section 3344*) a1 so provides that when the community or other public corporal' E.on ha.s inJ t'ially paid for such install at ion or coit^U-uct. ion or wit I. pay for the i:.;wo.. the agency may agree t"o re i mb'rrse t lie c'oiiinumi ty for sai 1 payment;.; 3. The City has proposed the acfjii is it ion, ins a Hal. ion and construction of certain publicly owned facilities and improvements as described in Exhibit A" attached hereto and incorporated herein by reference, which improvements are of direct and substantial beneffit to the Puente-Me reed/South Baldwin Park Redevelopment Project Area. 4. By resol.nt Eon, bot.h the CLty and the Agency have found and determined a 11 of the- m..tLE'er,s required to bo L'outid an d d e t e rr" i n e d pi i r;. 11 n t" o S c 11 n A 5 o 1: t- h Health 11 id BIB] 37685-U01 1977-U02 021-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10862-U03 DO11068-U03 C6-U03 RESO-U03 3/4/2003-U04 ROBIN-U04 1977 021 CC RESO8f;¢fHõ3peSa fety Cod^ and the A^enc-y l-.'i;; agreed t.o pay the costs related to said iri^roveLients he ret of ore rei'erred to. A 0 R E E M E N T NOW, THEREFORE, it is agreed by and between the AGENCY and the CITY, pursuant to the authority of the California Heal-tli and Safety Code Seel ion 33443 as follows: 1. AGENCY shall pay to CITY the cost of acquisition, installation and const ruction of the pub! iciy owned Facilities and improvements described in Exhibit A" in the approximate amount indicated. Said sunio shall be payable by AGENCY to CITY out of tax increment monies available to AGENCY and other funds which nay from time to time become available for that purpose. This obligation sha1' consE i tute an indebtedness as contemplated by Sect Lon 33443 ctnd 33670 of the Health and Safety Code. AGENCY agrees to pp.y over all available tax increnitint funds not needed for servi cing of other indebtodn i;-;,-.; of the AGENCY for wh I. eh sai d tax increi'wiL funds may be used. 2. No statute oF Lini' iL i on-s shall commence to run on AGENCY * S oh 11 ga t i on h or eundc: r ir'i 1 c' s(; and un t i-1 wr i 11 en demand for payment is actual ly made by CITY, and then only as to the amount involved in the demand. 3. The obligations of AGENCY under this Agreement, and the right of CITY to payment shall at at 1 times be subordinate to the rights of any hondho Lder.--; under bonds hereafter issued by AGENCY, and any and al 1 bond cove-nan t;;, express or irnplJ ed. CITY shal 1 execute such subordination doc'ui'if-nt.'-; as AGENCY shal request from time to time. WHEREFORE, the par tic's hereto liavc executed thi s Agreement as of the day and year first above written. nAU^fIN PAKK DEVELOPMENT AGE^Y BIB] 37685-U01 1977-U02 021-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10862-U03 DO11068-U03 C6-U03 RESO-U03 3/4/2003-U04 ROBIN-U04 1977 021 CC RESO8f;¢fHõ3peCITY OF BALimM PARK /7- 77 By: Sa77 S/ V clcrk BIB] 37685-U01 1977-U02 021-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10862-U03 DO11068-U03 C6-U03 RESO-U03 3/4/2003-U04 ROBIN-U04