HomeMy WebLinkAboutRES RD 1993 22 1993 0922RESOLUTION NO. 93 -22
RESOLUTION OF THE MOORPARK REDEVELOPMENT AGENCY
APPROVING AND AUTHORIZING THE CHAIRMAN TO EXECUTE A
COOPERATION AGREEMENT BY AND BETWEEN THE MOORPARK
REDEVELOPMENT AGENCY AND THE CITY OF MOORPARK
WHEREAS, by Ordinance No. 87 adopted on March 23, 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 Agency
and has declared itself to constitute the Agency; and
WHEREAS, pursuant to the Community Redevelopment Law,
the Agency is performing a public function of the City and may
have access to services and facilities of the City; and
WHEREAS, the Agency has undertaken proceedings for the
adoption and implementation of the redevelopment plan for The
Moorpark Redevelopment Project in the City, and the City and the
Agency desire to enter into a Cooperation Agreement (the
"Cooperation Agreement ") in order to-
A. Set forth activities, services and facilities
which the City will render for and make available to the Agency
in furtherance of the activities and functions of the Agency
under the Community Redevelopment Law; and
B. Provide that the Agency will reimburse the City
for actions undertaken and costs and expenses incurred by it for
and on behalf of the Agency;
NOW, THEREFORE, the Moorpark Redevelopment Agency does
resolve as follows:
Section 1. The Cooperation Agreement, in the form
attached to this resolution and incorporated herein by reference,
is hereby approved, and the Chairman is hereby authorized and
directed to execute the Cooperation Agreement on behalf of the
Agency.
PASSED, APPROVED and ADOPTED this 22ndday of SEPTEMBER ,
1993.
ATTEST:
Lillian Hare, Agency Secretary
MRA /LAW022/MIS/09/09/93
Paul W. L rason Jr.,1 hairman
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COOPERATION AGREEMENT
THIS COOPERATION AGREEMENT is entered into this
, 1993, by and between the CITY OF MOORPARK
and the MOORPARK REDEVELOPMENT AGENCY (the "Agency ")
day of
(the "City ")
A. WHEREAS, the City has previously activated the Agency upon
completion of appropriate legal proceedings therefor. The Agency is
proceeding to implement the Redevelopment Plan for the Moorpark
Redevelopment Project (the "Project ") ; and
B. WHEREAS, the Community Redevelopment Law authorizes
redevelopment agencies to enter into contracts for the reimbursement
of the costs for activities relating to enactment of the Redevelopment
Agency and the adoption of a redevelopment plan and for certain public
improvements enumerated in the Redevelopment plan upon making findings
that: (i) the acquisition of land is in accordance with and will
further the adopted redevelopment plan, (ii) the building, facilities,
structures or other improvements are of benefit to the project area or
the immediate neighborhood in which the project is located, and (iii)
that no other reasonable means of financing such acquisition,
buildings, facilities, structures, of other improvements are available
to the community;
NOW, THEREFORE, the City and the Agency agree as follows:
Section 1. City agrees to provide for Agency such staff
assistance, supplies, technical services and other services and
facilities of City as Agency may require in exercising functions under
the California Community Redevelopment Law. Such assistance and
services may include but not be limited to the services of employees
and consultants.
Section 2. City may, but is not required to, advance
necessary funds to Agency or to expend funds on behalf of Agency for
the preparation and implementation of a redevelopment plan including,
but not limited to, the costs of surveys, planning, studies and
environmental assessments for the adoption of redevelopment plan, the
costs of acquisition of property within the project area,
acquisitioning and the demolition and clearance of properties
acquired, building and site preparations, public improvements and
relocation assistance to displaced residential and non - residential
occupants as required by law.
Section 3. City will keep records of fees deferred and
activities and services undertaken pursuant to this Agreement and
costs thereof in order that an accurate record of Agency's liability
to City can be ascertained. City shall periodically, but not more
frequently than annually, submit to Agency a statement of the costs
incurred by City in performing pursuant to this Agreement. Such
statement of costs may include a pro rata share of expense
attributable to the use of City employees and departments where
directly related to the purposes of the Agency and allowable pursuant
to Sections 33678 and 33679 of the California Health and Safety Code.
Section 4. Agency agrees to reimburse City for all costs
incurred for services by City pursuant to this Agreement and other
indebtedness of Agency to City from and to the extent that funds are
available to Agency for such purpose pursuant to California Health and
Safety Code Section 33670 or from other sources; provided, however,
that Agency shall have the sole and exclusive right to pledge any such
sources of funds to the repayment of other indebtedness incurred by
Agency in carrying out the redevelopment project. The costs and
deferrals of City under this Agreement will be shown on statements
submitted to Agency pursuant to Section 3 above. Although the parties
recognize that payment may not occur for a few years and that
repayment may also occur over a period of time, it is the expressed
intent of the parties that City shall be entitled to repayment of the
expenses incurred by City under this Agreement, consistent with
Agency's financial ability, in order to make City whole as soon as
practically possible.
Section 5. The obligations of Agency under this Agreement
shall constitute an indebtedness of Agency within the meaning of
California Community Redevelopment Law Sections 33670 et se q., to be
repaid to City by Agency with interest at the lesser of ten percent
(10 %) per annum or the maximum rate allowed by law.
Section 6. The obligation of the Agency under this agreement
at the time of execution by the City of Moorpark and the Moorpark
Redevelopment Agency is attached as Exhibit "A ".
IN WITNESS WHEREOF, the parties have executed this Agreement as
of the date first written above,
CITY OF MOORPARK
By: __.
ATTEST:
Lillian Hare, City Clerk
Steven Kueny, City Manager
MOORPARK REDEVELOPMENT AGENCY
By:___ --
Paul W.
ATTEST:
Lillian Hare, Agency Secretary
MRA /LAW023 /MIS/09/09/93
Lawrason Jr., Chairman
EXHIBIT "A"
CITY OF MOORPARK LOANS
TO THE
MOORPARK REDEVELOPMENT AGENCY
The following are funds in the form of loans allocated to the Moorpark
Redevelopment Agency from the City of Moorpark:
DATE
PURPOSE
AMOUNT
08/26/87
Consulting Services
$
55,000.00
07/01/88
Legal and Consulting Services
$
13,000.00
10/18/89
Legal and Consulting Services
$
70,000.00
01/10/90
Legal Services
$
15,000.00
06/15/90
Legal Services
$
30,000.00
01/16/91
Legal Services
$
50,000.00
06/30/92
Legal Services, Land
Acquisition and Improvements
$1,851,000.00
Sub -Total
City $5,500 /Agent} $5,500
2,084,000.00
ADDITIONAL FUNDING
DATE
PURPOSE - CITY /AGENCY SHARE
AGENCY AMOUNT
09/08/93
Aerial Photographic. Services
City $8,400.00 /Agency $1,600.00
$
1,600.00
08/18/93
Computer Hardware
City $8,600.00 /Agency $2,950.00
$
2,950.00
08/18/93
Master Storm Drain Study
City $59,000.00 /Agency $20,000.00
$
20,000.00
09/08/93
Independent Audit ,ervice
KPMG - Peat MarwicK
City $5,500 /Agent} $5,500
$
5,500.00
Sub -Total
30,050.00
Total $2,114,050.00
STATE OF CALIFORNIA }
COUNTY OF VENTURA
CITY OF MOORPARK }
I, Lillian E. Hare, Secretary of the Redevelopment Agency of
the City of Moorpark, California, do hereby certify under
penalty of perjury that the foregoing Resolution No. 93 -22
was adopted by the Redevelopment Agency of the City of
Moorpark at a meeting held cn the _ 22nd day of SEPTEMBER
, 1993, and that the Name was adopted by the
following vote:
AYES: AGENCY MEMBERS HUNTER, MONTGOMERY, PEREZ, WOZNIAK AND CHAIRMAN LAWRASON
e
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
WITNESS my hand and the official seal of said City
this 23rd_ day of SEPTEMBER _ 1993.
Li 1 1 j an 7. Hare
Secretar ",
(Se �,OPMENTge
n�
ESTABLISHED
* MARCH 18. 19 #1
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