HomeMy WebLinkAboutResolution - 93-17 RESOLUTION NO. RDA g3-17
RESOLUTION OF THE SAN JACINTO REDEVELOPMENT AGENCY
AUTHORIZING EXECUTION OF AN AGREEMENT BY AND BETWEEN
THE SAN JACINTO REDEVELOPMENT AGENCY AND THE RIVERSIDE
COUNTY SUPERINTENDENT OF SCHOOLS (AMENDMENT NO. 1 TO
THE SAN JACINTO REDEVELOPMENT PROJECT)
WHEREAS, by Ordinance No. 754, adopted June 28, 1983, City Council of the City of
San Jacinto (the "City Council") approved the Redevelopment Plan (the "Original Plan") for the
San Jacinto Redevelopment Project (the "Original Project'); and
WHEREAS, the Original Plan included provisions for tax increment financing with
respect to the project area as originally established (the "Original Project Area"); and
WHEREAS, by Ordinance No. 754, adopted by the City Council of the City of San
Jacinto on June 28, 1983, the Agency was authorized to undertake the redevelopment of the area
therein designated as the Redevelopment Project Area (the "Original Project Area") of the San
Jacinto Redevelopment Project (the "Project"); and
WHEREAS, on April 14, 1993, the Planning Commission of the City of San Jacinto
approved Resolution No. 93-14, establishing boundaries for a proposed amendment ("Amendment
No. 1") adding territory (the "Added Area") to the Project; and
WHEREAS, the Agency has proposed by an Amended Redevelopment Plan (the
"Amended Plan") to make numerous substantive changes to the Original Redevelopment Plan;
and
WHEREAS, meetings have been held by representatives of the Agency and
representatives of the Riverside County Superintendent of Schools (the "Superintendent'), to
discuss the fiscal impact of the Project as amended by the Amended Plan; and
WHEREAS, to alleviate any financial burden or detriment which the Project as so
amended may cause the Superintendent, and to amicably resolve any differences regarding the
Project as so amended, the parties hereto enter into this Agreement; and
WHEREAS, the Superintendent has approved agreement (the "Agreement") which is
attached hereto and incorporated by reference herein providing for certain payments to the
Superintendent, which payments will alleviate any adverse fiscal impact on the Superintendent
resulting from the Project and Amendment No. 1.
NOW, THEREFORE, THE SAN JACINTO REDEVELOPMENT AGENCY DOES
RESOLVE AS FOLLOWS:
Section 1: The Agency finds the: (a) the Project as amended will cause a financial
burden or detriment to the Superintendent and that the payments as are provided for in the
Agreement are necessary to alleviate the financial burden or detriment of the Superintendent; and
(b) the Agreement alleviates any such financial burden or detriment.
Section 2: The Chairman and the Clerk of the Agency are authorized the execute the
Agreement, and to cause payments to be made to the Superintendent pursuant to the Agreement.
PASSED, APPROVED AND ADOPTED this 7 day of per-, 1993 at a regular
meeting of the San Jacinto Redevelopment Agency by the following vote:
AYES: Agencymembers Ford, Solorio, Williams, Chairman `Hafliger
NOES: None
ABSENT: None
ABSTAIN: Agencymember Leahy
/ .
Chair an
ATTEST:
Secretary
pu13L:4490_11441B2763.1 2 1217/93