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HomeMy WebLinkAboutCC RESO 91-161RESOLUTION NO. 91-161 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, AUTHORIZING AND APPROVING AN AGREEMENT FOR COOPERATION BETWEEN THE SWEETWATER UNION HIGH SCHOOL DISTRICT, THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AND THE CITY OF NATIONAL CITY. WHEREAS, the City Council and the Community Development Commission of the City of National City, (CDC) held a joint public hearing on Amendment III, National City Downtown Redevelopment Project on June 11, 1991 and the City Council, on June 18, 1991 adopted Ordinate No. 91-2013 amending the Redevelopment Plan for the Project and the CDC, by adoption of Resolution No. 91-25 (NCDRP Amend.III) on June 11, 1991, found and determined that the Project has caused, and Amendment III will cause a financial burden or detriment to taxing agencies and that payments are necessary to alleviate the financial burdens or detriments; and WHEREAS, the Sweetwater Union High School District has proposed an agreement for cooperation for a lump sum payment of three million dollars in January, 1992 in satisfaction of the District's share of the tax increment from the National City Downtown Redevelopment Project, as amended by Amendment III, to and including Fiscal Year 2014-2015; and WHEREAS, the Executive Director of the CDC has recommended, in writing, the three million dollars as reasonable compensation for the financial burden or detriment of Amendment III on the District; and WHEREAS, the City Council wishes to enter into the proposed agreement for Cooperation with the Sweetwater Union High School District; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City, that the Mayor is hereby authorized to execute, on behalf of the City, that certain agreement entitled "Agreement for Cooperation between the Sweetwater Union High School District, the Community Development Commission of the City of National City and the City of National City" consisting of five pages and Exhibits "A" and "B" and the City Clerk is hereby authorized to attest thereto. Said agreement is on file in the Office of the City Clerk. PASSED AND ADOPTED this 6th day of August, 1991. eorge H. aters, Mayor Attest: Lori Anne Peoples, City Clerk Approved as to Form: George H. MEiser III, City. Attorney