HomeMy WebLinkAboutRES CC 1994 0997 1994 0105RESOLUTION NO. 94 997
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK APPROVING AND AUTHORIZING THE CITY
MANAGER TO EXECUTE A REIMBURSEMENT AGREEMENT BY
AND BETWEEN THE MOORPARK REDEVELOPMENT AGENCY
AND THE CITY OF MOORPARK
WHEREAS, by Ordinance No. 87 adopted on March 18, 1987, the City Council of the
City of Moorpark acting pursuant to the provisions of the California Community Redevelopment
Law (Health and Safety Code Section 33000 et Lei.), has activated the Agency and has declared
itself to constitute the Agency; and
WHEREAS, by Ordinance No. 110 adopted on July 5, 1989 the City Council approved
the Redevelopment Plan for the Moorpark Redevelopment Agency; and
WHEREAS, the City and the Agency has undertaken proceedings for the implementation
of the Moorpark Redevelopment Plan in the City, and the City and the Agency desire to enter
into a Reimbursement Agreement (the "Reimbursement Agreement ") in order to:
A. Provide funding for activities, services and facilities in furtherance of the
Redevelopment Plan in projects that eliminate blight found in the Project Area
including social, economic and physical blight as defined by the California
Community Redevelopment Law and certain functions of the Agency under the
California Community Redevelopment Law; and
B. Enter into a contract for reimbursement to the City for a loan to the Agency for
actions undertaken or to be undertaken and costs and expenses incurred by the
Agency as part of the Redevelopment Project.
NOW, THEREFORE, the City Council of the City of Moorpark does resolve as
follows:
Section 1. The Reimbursement Agreement, in the form attached to this resolution
and incorporated herein by reference, is hereby approved, and the City Manager is hereby
directed and authorized to execute said Reimbursement Agreement on behalf of the City.
Section 2. The City Council hereby appropriates, and directs and authorizes the
Finance Director of the City to establish a budget encumbrance for the City's obligations under
the Reimbursement Agreement in the amount of $3,500,000, as shown in Exhibit "A"
attachment to the said Agreement.
PASSED, APPROVED and ADOPTED this 5thday of JANUA.Ry 1994.
City of Moorpark
i
By:
Paul W. Law son Jr., Mayor
ATTEST:
MRA /LAW068 /MIS/12/16/93
MOORPARK
799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Lillian E. Kellerman, City Clerk of the City of Moorpark,
California, do hereby certify under penalty of perjury that
the foregoing Resolution No. _ 94 -997 was adopted by the
City Council of the City of Moorpark at a meeting held on
the 5th day of JANUARY , 1994, and that
the same was adopted by the following vote:
AYES: COUNCILMEMBERS MONTGOMERY, PEREZ, WOZNIAK AND MAYOR LAWRASON
NOES: NONE
ABSENT: COUNCILMEMBER HUNTER
ABSTAIN: NONE
WITNESS my hand and the official seal of said City
this 6th day of JANUARY 1994.
Lillian E. Hare
PAUL W. LAWRASON JR. PATRICK HUNTER SCOTT MONTGOMERY BERNARDO M. PEREZ JOHN E. WOZNIAK
Mayor Mayor Pro Tem Councilmember Councilmember Concilmember
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