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Home My WebLink AboutCC RESO 11,890RESOLUTION NO. 11,890 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA APPROVING EXECUTION OF AMENDMENT NO. 4 TO THE LOCAL GRANT-IN-AID AND COOPERATION AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF NATIONAL CITY AND THE CITY OF NATIONAL CITY FOR THE E. J. CHRISTMAN BUSINESS & INDUSTRIAL PARK I REDEVELOPMENT PROJECT NO. CALIF. R-127 BE IT RESOLVED by the City Council of the City of National City that the Mayor is hereby authorized and directed to execute, and the City Clerk is authorized to attest, that certain Amendment No. 4 to the Local Grant -in - Aid and Cooperation Agreement between the Redevelopment Agency of the City of National City and the City of National City for the E. J. Christman Business and Industrial Park I Redevelopment Project No. Calif. R-127. PASSED AND ADOPTED this 4th day of November, 1975. ATTEST: /7 d �C AMENDMENT NO. 4 LOCAL GRANT-IN-AID AND COOPERATION AGREEMENT E. J. Chnizt ran &m inas and T ndcuo-ii.i.at. Pakk I Redevelopment Project Na ionn! City, Ca,P.i lioh.n,ia. THIS AMENDMENT, entered in this 4th day of November, 1975 by and between the City of National City, a municipality of the State of California (herein called the "local Government") and -the Redevelopment Agency of the City of National City, a public body corporate and politic, duly created and functioning under the laws of the State of California (herein called the "Local Public Agency"), amends that certain Local Grant -In -Aid and Cooperation Agreement executed between the parties on January 28, 1970, Amendment No. 1 thereto dated March 29, 1972, Amendment No. 2 thereto dated August 15, 1972, and Amendment No. 3 thereto dated April 2, 1974. WITNESSETH: that WHEREAS, the Local Public Agency in accordance with and pursuant to Division 24, Part I, Health and Safety Code, State of California, is undertaking a redevelopment project known as the E. J. Christman Business and Industrla T Park I (herein called the "Project") located in that area therein called the Redevelopment Area") of the City of National City, County of San Diego, State of California; and WHEREAS, the Project involves undertakings and activities by the Local Public Agency in the Redevelopment Area for the elimination and for the prevention of the development or spread of slums or blight and involves slum clearances and redevelopment and rehabilitation and conservation, or a combination or part thereof in accordance with a plan (herein called the "Redevelopment Plan") adopted by the governing body of the Local Government by Ordinance No. 1233 adopted the 18th day of November, 1969; and WHEREAS, the Project area was enlarged and the official Redevelopment Plan was amended by the governing body of the Local Government by Ordinance No. 1303 adopted the 28th day of March, 1972; and WHEREAS, upon the basis of reasonable estimates of cost prepared by the Local Public Agency, it appears that the presently estimated costs of the Project are different from those estimated costs for the Project area which was in effect at the time of execution of the Local Grant -In -Aid and Cooperation Agreement dated January 28, 1970, and of the Amendment No. 1 dated March 29, 1972, and of the Amendment No. 2 dated August 15, 1972, and of Amendment No. 3 dated April 2, 1974; and WHEREAS, it is necessary and in the sound interest of the community and otherwise beneficial and advantageous- for the Local Government to provide for the local grants-in-aid hereinafter specified and to otherwise cooperate with the Local Public Agency in carrying out the Project to the end that deleterious conditions in the Redevelopment Area be removed and that the Redevelopment Area be renewed in _accordance with sound practical planning objectives, which renewal will result_in_increases of tax revenues from the Redevelopment Area, decrease in expenditures and contribute materially to the well being, progress and development of the community as a whole. NOW, THEREFORE, pursuant to the provisions of Section 33220 of the California Health and Safety Code and in consideration of the benefits to accrue to the Local Government, the community and the citizens thereof from the Project, and of the covenants hereinafter set forth, the Local Government and the Local Public Agency do agree and that certain Local Grant -In -Aid and Cooperation Agreement dated January 28, 1970, amended March 29, 1972 and amended August 15, 1972 and amended April 2, 1974 is further amended as follows: SECTION 1. The first WHEREAS clause on page 5 of the original Agreement is changed to read as follows: WHEREAS, upon the basis of reasonable estimates of cost prepared by the Local Public Agency, it appears that the presently estimated net project cost of the Project to be incurred by the Local Public Agency in carrying out the Project, constituting the difference between the gross cost of the Project and the proceeds derived from the disposition of the Zand amounts to approximately Six Million Four Hundred Thirty Four Thousand Eight Hundred Ninety Dollars ($6,434,890) of which amount the Federal Government is expected to provide an estimated amount to be Four Million Eight Hundred Twenty Six Thousand One Hundred Sixty Seven Dollars ($4,826,167) in the folnn of a capital grant, leaving a balance of not less than One Million Six Hundred Eight Thousand Seven Hundred Twenty Three Doilars ($1,608,723) to be provided in the form of local grants-in-aid; and SECTION 2. The TABLE OF CASH LOCAL GRANTS-IN-AID under item (a) SEC. 1. on page 6 of the original Agreement, as amended, is further amended to read as follows: TABLE OF CASH LOCAL -GRANTS-IN-AID 1. Actual amount of Local non -Federal funds already expended in planning of the Project —under. -Letter to Proceed issued by Federal Government on , 19 . 2. Estimated amount of Real Estate Tax credited under Section 110 (e) of Title I, Housing Act of 1949, as amended. 3. Total amount of cash payment by the City of National City (the providing entity) to the Local Public Agency for the Project E.Lpenditures Account. Said amount of money to be furnished by the providing entity from the General Fund and paid in cash as follows: Paid 7/12/72 Paid 9/12/73 Paid 11/30/74 Paid 8/5/75 To be paid in Dec. 1975 4. Cash grant out of the proceeds from the sale of Local Public Agency Tax Allocation Bonds Paid 5/31/75 To be paid in Dec. 1975 102, 586. 00 75, 000.00 9,000.00 100, 000. 00 50, 000. 00 113, 000. 00 250, 000. 00 172, 323.00 TOTAL CASH LOCAL GRANTS-IN-AID $871,909.00 SECTION 3. The two dollar figures noted in SEC. 1.(b) are changed from $538,846 and $538,846 to read $747,582 and $747,582 respectively. SECTION 4. The table and schedules set forth in Section 10. Noncash Local Grants -In -Aid Schedules are modified in their entirety as follows: SEC. 10. Non -Cash Local Grants -In -Aid Schedules: Schedule 1. LAND DONATIONS Actual Identification Donor Cash Value Parcel 14-3 City of National City $ 10,000 Parcel 20-1 City of National City 380,000 Parcel 20-6 City of National City 110,000 Parcel 21-1 City of National City 10,100 TOTAL CASH VALUE OF LAND DONATIONS $510,100 Schedule 2. DEMOLITION AND REMOVAL WORK Estimated Identification Providing Entity Net Cost None -0- TOTAL NET COST DEMOLITION AND REMOVAL WORK -0- Schedule 3. SITh IMPROVEMENTS Identification Providing Estimated Grant -In -Aid Entity & Total Credit Source of Funds Cost % Est. Amount 24th Street - $17,907 Hoover to National City of National Avenue, constructed City TOTAL SITE -IMPROVEMENTS 100 $17,907 $17_, 907 $17,907 SEC. 10. Non -Cash Local Grants -In -Aid Schedules: (Cont.) Schedule 4. SUPPORTING FACILITIES, ALL CONSTRUCTED i Providing Entity & Total Grant -In -Aid Identification Source of Funds Cost % Credit Amount Undergrounding of electrical and street lighting City of National systems along City National Avenue Emergency Communi- cation System, City of National National Avenue City 22nd Street, Hoover Avenue to City of National westerly Project City Line Transportation Avenue4rom Center- line of 28th Street City of National southerly to Project City Line TOTAL SUPPORTING FACILITIES TOTAL NONCASH LOCAL GRANTS-IN-AID 43, 715 31, 281 $178, 519 88.81 $158, 525 2,775 64.65 1,794 100.00 43,715 50.00 15,641 $256,290 $219, 675 $784, 197 $747, 582 IN WITNESS WHEREOF, the Local Government has caused this Agreement to be duly executed in its behalf and its seal to be hereunto affixed and attested and the Local Public Agency has caused the same to be duly executed in its behalf and its seal to be hereunto affixed and attested, all as of the date and year first above written. ATTEST:_, C.:1\E I� ie Minogue Cam p# ell , City Clerk ATTEST: --rrnn11 A nflf rcnn Cn--,1,r( CITY OF NATIONAL CITY By 0r Kile Morgan, !ayor REDEVELOPMENT AGENCY OF THE By CITY OF,JJATIONAL CITY Kile Morg Chairman