HomeMy WebLinkAboutRES RD 1994 25 1994 0105RESOLUTION NO. 94 25
RESOLUTION OF THE MOORPARK REDEVELOPMENT AGENCY
APPROVING AND AUTHORIZING THE CHAIRMAN 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 set.), 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 Moorpark Redevelopment Agency 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 Chairman is hereby directed
and authorized to execute said Reimbursement Agreement on behalf of the Agency.
PASSED, APPROVED and ADOPTED this 5th day of JANUARY 1994.
MOORPARK REDEVELOPMENT AGENCY
By: "lfN2 e
Paul W. Law on Jr., Chairman
ATTEST:
By—
Lillian Hare, Secretary
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ESTABLISHED
* MARCH w. 1987
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ryf 07Y OF
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
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. 94 -25
was adopted by the Redevelopment Agency 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: AGENCY MEMBERS MONTGOMERY, PEREZ , WOZNIAK AND CHAIRMAN LAWRASON
NOES: NONE
ABSENT: AGENCY MEMBER HUNTER
ABSTAIN: NONE
WITNESS my hand and the official seal of said City
this 6th day of JANUARY _ _, 1994.
Lillian E. Hare
Secretary
(Seal)
ESTABLISHED
NAM It W?
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