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HomeMy WebLinkAboutCC RESO 11,452RESOLUTION NO. 11,452 RESOLUTION APPROVING EXECUTION OF AGREEMENTS BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF NATIONAL CITY AND THE CITY OF NATIONAL CITY BE IT RESOLVED by the City Council of the City of National City that the Mayor of National City is hereby authorized and directed to execute, and the City Clerk is authorized to attest, that certain Amendment No. 3 to Local Grant -in -Aid and Cooperation Agreement and Agreement regard- innreimbursement for construction of 22nd Street 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, Project No. Calif. R-127. PASSED AND ADOPTED this 2nd day of April, 1974. ATTEST: BY DEPU CITY CLERK Resolution No. 11,452 approves execution of agreement. AGREEMENT THIS AGREEMENT, entered into as of this 2nd day of April 1974 by and between the Redevelopment Agency of the City of National City, State of California, hereinafter referred to as the "Agency", and the City of National City, a municipal corporation, hereinafter referred to as the "City". W ITNESSET H: WHEREAS, the Agency has contracted with the U. S. Department of Housing and Urban Development providing for financial assistance in the redevelopment of the E. J. Christman Business & Industrial Park I Project Calif. R-127, hereinafter. referred to as "Project Area"; and WHEREAS, as a part of redevelopment of the project area the Agency has provided for the construction of 22nd Street from National Avenue to the west project boundary; and WHEREAS, thz City is causing a public works yard facility to be con- structed immediately nortn of the project boundary, and as part of that facility agrees to include the construction of 22nd Street between Hoover Avenue and Wilson Avenue; and WHEREAS, the cost of constructing the street is estimated to be reduced if the work is included with that of the entire public works facility; and WHEREAS, costs for said construction by the City shall be based on open competitive bidding as prescribed by State Law, and in conformance with applicable HUD regulations. NOW, THEREFORE, the parties do hereby agree as follows: SECTION 1. The City shall cause 22nd Street to be constructed from its intersection with Hoover Avenue westerly to Wilson Avenue. SECTION 2. The Agency agrees to reimburse the City for its cost of design and construction of the street from Hoover Avenue to the westerly project boundary by one of the following methods. a) In cash, upon completion of the aforementioned street construction to be paid directly to the City. b) In the form of a non -cash grant-in-aid credit to be applied to the City's local share in the cost of redevelopment of the E. J. Christman Business & Industrial Park I. REDEVELOPMENT AGENCY OF THE CITY OF NATIONAL CITY Bye j�`�1 Chairman ATTEST: By Secretary CITY OF NATIONAL CITY By ATTEST: BY c�„.;��C rjt ' City Clerk By `91 ( f4).,,,,4u,-L ,,,/ Deputy Amendment No. 3 LOCAL GRANT-IN-AID AND COOPERATION AGREEMENT THIS AMENDMENT, entered in this 2nd day of April, 1974 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 °gency"), amends that certain Local Grant -In -Aid and Cooperation Agreement :ecuted between the parties on January 28, 1970, Amendment No. 1 thereto dated rch 29, 1972 and Amendment No. 2 thereto dated August 15, 1972. 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 Industrial Park I (herein called the "Project") located in that area (herein called the "Redevelopment Area") :` 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 affect at the time of execution of the Local Grant -In -Aid and Cooperation Agreement dated January 28, 1970, and of the Amendment No. I dated March 29, 1972, and of the Amendment No. 2 dated August 15, 1972; 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 ;ectives, which renewal will result in increases of tax revenues from the ! !evelopment Area, decrease in expenditures and contribute materially to the 1 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 is further amended as follows: SECTION 1. The first WHEREAS clause on page 5 of the original Agreement is changed to read as follows: W'ER/''S, upon the basis of reasonable estimates of cost prepared by the Local Public Agency, it appears that the presently c timatcd net p ,, c,-t coot or the Project to be incurred by the Local Public Agehoy in carrying out the Project, conctitutirr the difference 1 between the gross cost of the Project and the proceeds derived from the disposition of the land 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 form of a capital grant, leaving a balance of One Million Six Hundred Eight Thousand Seven Hundred Twenty Three Dollars ($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 is modified as follows: 'ABLE 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 credits under Section 110 Cd) of Title I, Housing Act of 19.r, 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 Expenditures Account. Said amount of money to be furnished by the providing entity from the General Fund and shall be paid in cash as follows: (a) $75,000 in each of the fiscal years 1970-71 1971-72, 1972-73 and 1973-74 or until such time as Tax Allocation Bonds are sold or cash flow requirements of the project are provided from some other source. (bi 450,000.by the end of December 1972, an additional $50,000 by the end of December 1973, an additional $50,000 by the end of December 1974, and $70,596 by August '1975 or until such time as Tax Allocation Bonds are sold or cash flow requirements of the project are provided from some other source. . 4. Cash grant out of the proceeds from'the sale of Local Public Agency Tax Allocation Bonds 5. Incremental real property taxes as they are produced annually from redevelopment activities in the project until cash flow requirements of the project are otherwise produced from some other source or until Tax Allocation Bonds are sold in an amount sufficient to finance the local share of net project costs. -0- $ 97,548 $300,000 $220,596 $288,761 $162,972 `TOTAL CASH LOCAL GRANTS-IN-AID $1,069,877 SECTION 3. The two dollar figures noted in SEC. 1.(b) are changed from $545,909 and $545,909 to read $5388,846 and538,846 respectively. 2 SECTION 4. Schedule 4 entitled "Supporting Facilities" as set forth in Section 10. Non -Cash Local Grants -In -Aid Schedules is modified in its entirety as follows: SEC. 10. Non -Cash Local Grants -In -Aid Schedules: Schedule 4. SUPPORTING FACILITIES Providing Estimated Grant -In -Aid Entity & Total Credit Identification Source of Funds Cost Est. Amount To be constructed: Streets Transportation Ave- nue - 280 feet south of 27th Street to south City of boundary National City- $ 9,339 100 $ 9,339 Street Lighting Transportation Ave- nue - 280 feet south of 27th Street to south City of boundary National City $ 1,500 100 $ 1,500 Water Mains Transportation Ave- nue - 280 feet south of 27th to City of 30th Street National City $ 3,070 -8- -0- Roosevelt - 30th - Street to south City of Boundary National City $ 3,103 -8- -O-. Gas Mains Transportation Avenue - 280 feet south of 27th Street to south Boun- City of dary National City $ 890 -0- -8- TOTAL SUPPORTING FACILITIES $ 17,902 $10,839 TOTAL NON -CASH LOCAL GRANTS-IN-AID $545,909 $538,846 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. CITY OF NATIONAL CITY ITES"i' City Clerk Tr D:VIEr l�PMENT I(� r* f ' F ThE I�L.NLVI.LVih't Clvl Y1l7L'd �,7 111 IflL CITY OF NATIONAL CITY KITEsT; , Secretary