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HomeMy WebLinkAboutCC RESO 16,311RESOLUTION NO. 16,311 RESOLUTION OF THE CITY OF NATIONAL CITY, CALIFORNIA, CONSENTING TO THE FINANCING AND CONSTRUCTION BY THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY, USING ITS TAX INCREMENT FUNDS, OF A COMMUNITY IDENTIFICATION AND INFORMATIONAL FREEWAY SIGN TO BE LOCATED EASTERLY OF I-805 AND SOUTHERLY OF STATE HIGHWAY 54 WITHIN THE CITY OF NATIONAL CITY AND ON PROPERTY OWNED BY THE COUNTY OF SAN DIEGO. WHEREAS, the National City Chamber of Commerce has requested that the Community Development Commission (CDC) finance and construct a community identification and informational freeway sign to be located on County of San Diego owned land easterly of I-805 and southerly of State Highway 54, and subject to County approval and permit, said sign to cost approximately $114,000 and to be put to competitive public sealed bid by the CDC, and the Chamber of Commerce of National City is to pay all maintenance and utility costs for said sign; and WHEREAS, the California Community Redevelopment Law, Health and Safety Code, Division 24, Part I, (the Law) provides at Section 33445 that a CDC may finance all or part of the cost of the construction of any building, facility, structure, or other improvement which is publicly owned, either within or without the project area, with the consent of the legislative body, if the legislative body makes certain findings; and WHEREAS, the CDC wishes to finance and construct such sign subject to County of San Diego approval and permits, and the City Council wishes to consent to the financing and construction of said sign by the CDC. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City finds as follows: 1) Pursuant to Section 33445 of the California Community Redevelopment Law it is hereby found and determined that a community identification and informational freeway sign to be owned by the Commission and to be constructed at a cost of approximately $114,000 on County of San Diego owned of the sign agreements maintenance Attest: land located easterly of I-805 and southerly of State Highway 54 within the City of National City is an improvement which is hereby determined to be of benefit to the National City Downtown Redevelop- ment Project Area which consists of 2,083 acres or approximately 44% of the City's land area; 2) That the proposed community identification and informational freeway sign structure is and will be of benefit to the National City Downtown Redevelopment Project and to the immediate neighborhood in which the project is located. 3) No other reasonable means of financing said sign structure are available to the City of National City. BE IT FURTHER RESOLVED that financing and construction shall be subject to the CDC entering into appropriate with the National City Chamber of Commerce for of said sign. PASSED AND ADOPTED this 21st day of August, 1990. Lor Anne Peoples, City Clerk Approved as to Form: George H. Waters, Mayor George H. Eiser, III, City Attorney 2