HomeMy WebLinkAboutRES CC 1995 1137 1995 0628RESOLUTION NO. 95- 11 7
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 sea.), has activated the Moorpark
Redevelopment (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, in the furtherance of the Redevelopment Plan, the
Agency and the City desire to enter into a Reimbursement Agreement
in the form submitted herewith (the "Agreement ") pursuant to which
the City shall advance funds in the form
of a loan (the "Loan ") in the amount as stated in Agreement, and
the Agency will pay the City for said loan and all associated costs
of such Loan by periodic payments over a period of years;
NOW, THEREFORE, the City Council of the City of Moorpark does
hereby resolve as follows:
SECTION 1. The City Council hereby determines that the Loan
is in the furtherance of the goals and objective of the
Redevelopment Plan in the elimination of blight (including social,
economic, and physical blight as defined in the California
Community Redevelopment Law) by assisting in the continuing
operations of the Agency, and hereby consents to the Loan in
accordance with the Reimbursement Agreement, in the form attached
to this Resolution and incorporated herein by reference.
SECTION 2. The City Council approves the Reimbursement
Agreement and authorizes the City Manager to execute the
Reimbursement Agreement on behalf of the City of Moorpark.
PASSED, APPROVED AND ADOPTED this 28thday of JUNE , 1995.
ATTEST:
By
Lillian Hare, C:
By: ,4 (, L
Paul W. L ason Jr .u, Mayor
MOORPARK
i 799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Lillian E. Hare, City Clerk of the City of Moorpark,
California, do hereby certify under penalty of perjury that
the foregoing Resolution No. 95 -1137 was adopted by the
City Council of the City of Moorpark at a meeting held on
the 28th day of JUNE 1995, and that
the same was adopted by the following vote:
AYES: COUNCILMEMBERS HUNTER, MONTGOMERY, PEREZ, AND MAYOR LAWRASON
NOES: NONE
ABSENT: COUNCILMEMBER WOZNIAK
ABSTAIN: NONE
WITNESS my hand and the official seal of said City
this 11th day of JULY , 1995.
Lillian E. Hare
City Clerk
PAUL W. LAWRASON JR. BERNARDO M. PEREZ PATRICK HUNTER SCOTT MONTGOMERY
Mayor Mayor Pro Tern Councilmember Councilmember
JOHN E. WOZNIAK
Councilmember