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HomeMy WebLinkAboutResolution - 93-20 RESOLUTION NO. -RDA 93-20 RESOLUTION OF THE SAN JACINTO REDEVELOPMENT AGENCY AUTHORIZING EXECUTION OF AN AGREEMENT BY AND BETWEEN THE SAN JACINTO REDEVELOPMENT AGENCY AND THE SAN JACINTO VALLEY RESOURCE CONSERVATION DISTRICT (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 San Jacinto Valley Resource Conservation District (the "District"), 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 District, and to amicably resolve any differences regarding the Project as so amended, the parties hereto enter into this Agreement; and WHEREAS, the District has approved agreement (the "Agreement") which is attached hereto and incorporated by reference herein providing for certain payments to the District, which payments will alleviate any adverse fiscal impact on the District 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 District and that the payments as are provided for in the Agreement are necessary to alleviate the financial burden or detriment of the District, 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 District pursuant to the Agreement. PASSED, APPROVED AND ADOPTED this ? day of Dec,. 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 ATTEST: Secretary Posu9495_11941132763.1 2 12/07/93