HomeMy WebLinkAboutResolution - RDA 93 - 28 RESOLUTION NO. RDA 93-28
RESOLUTION OF THE SAN JACINTO REDEVELOPMENT AGENCY
AUTHORIZING EXECUTION OF AN AGREEMENT BY AND BETWEEN
THE SAN JACINTO REDEVELOPMENT AGENCY AND THE SAN
JACINTO UNIFIED SCHOOL 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, the Agency and the San Jacinto Unified School District (the "District")
entered into an Agreement dated as of June 28, 1983 (the "1983 Agreement"), which, in part,
provided for the Agency to make certain payments from time to time to the District; 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. V) 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 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
pc,, ,ments will, together with those made pursuant to the 1983 Agreement, 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 this28 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 ;(
Chairman
ATTEST:
Secretary 4 `
PUBL:9503_1194 1 B2763.1 2 12/07/93