HomeMy WebLinkAboutCC RESO 92-97RESOLUTION NO. 92-97
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
CONSENTING TO THE USE OF BOND PROCEEDS
OF THE NATIONAL CITY DOWNTOWN REDEVELOPMENT
PROJECT TAX ALLOCATION BONDS, SERIES 1992
FOR PUBLIC IMPROVEMENTS WITHIN THE
REDEVELOPMENT PROJECT AREA
WHEREAS, pursuant to Ordinance No. 1505, adopted on April 13,
1976, the City Council approved the Center City Project Redevelopment Plan,
in which is included the property commonly known as Kimball Hall, located at
140 East 12th Street, National City; and
WHEREAS, pursuant to Ordinance No. 1762, adopted on
December 1, 1981, the City Council merged the Center City Project Redevelop-
ment Plan with the National City Downtown Redevelopment Project Redevelop-
ment Plan; and
WHEREAS, said Center City Project Redevelopment Plan includes,
among its listed objectives, providing needed public facilities and improvements
within, through and outside the Project Area; and
WHEREAS, the California Community Redevelopment Law,
Health and Safety Code, Division 24, Part I, (the Law) provides at Section 33445
that the Community Development Commission 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 Community Development Commission, as part of
the issuance and sale of $24 Million National City Downtown Redevelopment
Project Tax Allocation Bonds, Series 1992, determined to assist with the
construction of a proposed new 19,000 square foot Community Center to the
extent of $1.5 Million to repalce the existing Kimball Hall; and
Continued on Page Two
Resolution No. 92-97
Page 2 of 3
WHEREAS, the new Community Center is to be constructed
through a Turnkey Building Agreement with Starboard Development Corpora-
tion, at a cost not to exceed $1.8 Million, with the City to contribute
$300,000.00 toward the construction of the project and to have responsibility to
operate and maintain the Community Center; and
WHEREAS, the Community Development Commission shall have
an ownership interest in 4,000 square feet of administrative office area and
related parking area in the new Community Center.
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 Health and Safety
Code, it is hereby found and determined that the payment by the Community
Development Commission of $1.5 Million of the cost of construction of a new
Community Center is hereby determined to be of benefit to the National City
Downtown Redevelopment Project Area which consists of 2,086 acres or
approximately 44% of the City's land area.
2. That the proposed use of tax increment funds for public
improvements 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 improvements
are available to the City of National City.
BE IT FURTHER RESOLVED that payment of the funds as
described above shall be subject to the Community Development Commission
entering into an agreement with the City of National City and the National City
Joint Powers Financing Authority for payment of said funds.
BE IT FURTHER RESOLVED that the City Council hereby
consents to the use of $1.5 Million of Community Development Commission tax
allocation bond proceeds for the construction of a new Community Center at 140
East 12th Street, National City.
Continued on Page 3
Resolution No. 92-97
Page 3 of 3
PASSED and ADOPTED this 2nd day of June, 1992.
George H. aters, Mayor
ATTEST:
on Anneeoples
City Clerk
APPROVED AS TO FORM:
George H. Eiser, III
City Attorney