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HomeMy WebLinkAboutRES RD 1996 42 1996 0403RESOLUTION NO. 96- 42 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 FOR THE PREPARATION OF THE LEASE FOR THE H. E. BAHER PROPERTY 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 seg.), has activated the Moorpark Redevelopment Agency (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 Moorpark Redevelopment Agency does hereby resolve as follows: Section 1. The Agency 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 relocation of the California Highway Patrol to the City of Moorpark and more specifically in the Redevelopment Project Area, and hereby consents to the Loan in accordance with the Reimbursement Agreement, in the form attached to this Resolution and incorporated herein by this reference. OSIL Section 2. The Agency approves the Reimbursement Agreement and authorizes the Chairman to execute the Reimbursement Agreement on behalf of the Agency. 1996. PASSED, APPROVED AND ADOPTED THIS 3rd day of APRIL , By: Paul W. La ason Jr. Chairman ATTEST: I MEN-7 ESTABLISHED MARCH 19.198T ry�gIIFORN�,o QpQ� OF M� 00w STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) 0 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. 6 -42 was adopted by the Redevelopment Agency of the City of Moorpark at a meeting held on the 3rd day of APRIL 1996, and that the same was adopted by the following vote: AYES: AGENCY MEMBERS HUNTER, PEREZ, WOZNIAK AND CHAIRMAN LAWRASON NOES: NONE ABSENT: NONE ABSTAIN: NONE WITNESS my hand and the official seal of said City this 5th day of APRIL 1996. Lillia `—T Secr 2 Y MARCii Ia.198T ��y�cq�IFOaN�P p�� Cirri' OF MO��Q