HomeMy WebLinkAboutRES CC 1996 1180 1996 0207RESOLUTION NO. 96-1180
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 constituter
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 objectives 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 development of a
Downtown Specific Plan, 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 7th day of FEBRUARY 1996.
By:
Paul W. lAwrason JIT
Mayor
ATTEST:
Lillian Hare
City Clerk
(){ A.; *Ut«U
MOORPARK
i 799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
IA
I, Lillian E. Hare, City Clerk of the City of Moorpark, California,
do hereby certify under penalty of perjury that the foregoing
Resolution No. 96 -1180 was adopted by the City Council of the
City of Moorpark at a meeting held on the 7th day of FEBRUARY
1996, and that the same was adopted by the following vote:
AYES: COUNCILMEMBERS PEREZ, WOZNIAK AND MAYOR LAWRASON
NOES: NONE
ABSENT: COUNCILMEMBER HUNTER
ABSTAIN: NONE
WITNESS my hand and the official seal of said City this 8th
day Of FEBRUARY 1996 ,
Lillian E. Hare, City Clerk
PAUL W. LAWRASON JR. JOHN E. WOZNIAK PATRICK HUNTER BERNARDO M PEREZ
Mayor Mayor Pro Tem Councilmember Counciln ember