HomeMy WebLinkAboutRES RDA 2011 243 2011 0202RESOLUTION NO. 2011 -243
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA APPROVING
AND AUTHORIZING EXECUTION OF A PUBLIC
IMPROVEMENT REIMBURSEMENT AGREEMENT
BETWEEN THE REDEVELOPMENT AGENCY OF THE
CITY OF MOORPARK AND CITY OF MOORPARK FOR
THE DEMOLITION OF IMPROVEMENTS LOCATED AT
192 HIGH STREET; CONSTRUCTION OF THE HIGH
STREET STREETSCAPE; ACQUISITION OF PROPERTY
AND CONSTRUCTION OF A NEIGHBORHOOD PARK TO
BE LOCATED AT 161 SECOND STREET; AND
AMENDING THE FISCAL YEAR 2010/2011 BUDGET BY
APPROPRIATING $2,500,000.00 FROM THE MRA 2006
TAX ALLOCATION BOND PROCEEDS FUND (2905)
WHEREAS, the Redevelopment Agency of the City of Moorpark ( "Agency ") is
carrying out the Redevelopment Plan ( "Redevelopment Plan ") for the Moorpark
Redevelopment Project ( "Project "); and
WHEREAS, under the Redevelopment Plan, the City of Moorpark ( "City ") shall
aid and cooperate with the Agency in carrying out the Project and shall take actions
necessary to ensure the fulfillment of the purposes of the Redevelopment Plan and to
eliminate and prevent the recurrence or spread of conditions causing blight within the
area of the Project ( "Project Area "); and
WHEREAS, pursuant to Section 33220 of the California Community
Redevelopment Law (Health and Safety Code Section 33000, et seq.) (the "CRL "), for
the purposes of aiding and cooperating in the planning, undertaking, construction or
operation of redevelopment projects within the Project Area, the City may, among other
things, exercise the following powers: sell or lease any of its property to the Agency;
cause public improvements to be furnished in connection with redevelopment projects;
plan or replan and zone or rezone any part of a redevelopment project and enter into
agreements with the Agency respecting actions to be taken pursuant to any such
powers; and
WHEREAS, pursuant to Section 33445(a) of the CRL, the Agency may, with the
consent of the City Council of the City of Moorpark ( "City Council "), pay all or part of the
value of the land for and the cost of the installation and construction of any buildings,
facilities, structures or other improvements which are publicly owned and located inside
or contiguous to a project area upon a determination by the City Council that such
building, facilities, structures or other improvements are of benefit to the project area by
helping to eliminate blight within the project area, that no other reasonable means of
financing the acquisition of the land or installation or construction of such buildings,
facilities, structures or other improvements that are publicly owned are available to the
community, that the payment of funds for the acquisition of the land or installation or
construction of the building, facilities, structure or other improvements that are publicly
Resolution No. 2011 -243
Page 2
owned is consistent with the implementation plan adopted by the Agency pursuant to
Section 33490 of the CRL; and
WHEREAS, pursuant to Section 33445(c) of the CRL, when the value of the land
or the cost of installation and construction of a building, facility, structure, or other
improvement that is publicly owned, or both, has been, or will be, paid or provided for
initially by the City, the Agency may enter into a contract with the City under which the
Agency agrees to reimburse the City for all or part of the value of the land or all or a
part of the cost of the building, facility, structure or other improvement that is publicly
owned, or both, by periodic payments over a period of years; and
WHEREAS, the Agency will have a remaining balance of $2,500,000.00 in the
MRA 2006 Tax Allocation Bond Fund (2905) available for additional projects after the
construction of the Ruben Castro Human Services Center; and
WHEREAS, the Agency and City Council have prepared and wish to enter into a
Public Improvement Reimbursement Agreement ( "Agreement ") to provide for demolition
of improvements located at 192 High Street; development and construction of the High
Street Streetscape and a neighborhood park located at 161 Second Street ( "Public
Improvements ") within the Project Area and Agency's reimbursement of City for the
costs of the Public Improvements; and
WHEREAS, a program Final Environmental Impact Report was prepared and
certified on the Redevelopment Plan ( "Final EIR ") in accordance with the California
Environmental Quality Act ( "CEQA "), which included analysis of public improvements on
a programatic level; and
WHEREAS, at this time there are no preliminary drawings, plans or other
sufficient information to enable a meaningful environmental assessment of the specific
Public Improvements, therefore, the Agreement provides that the commitment of funds
to and commencement of the specific projects set forth therein shall be subject to
completion of additional environmental review and analysis, as required by CEQA; and
WHEREAS, on June 16, 2010, the Board of Directors adopted the Operating
and Capital Improvement Projects Budget for Fiscal Year 2010/2011; and
WHEREAS, a staff report has been presented to the Board of Directors
requesting a budget adjustment in the aggregate amount of $2,500,000.00 in the MRA
2006 Tax Allocation Bond Proceeds ( "TAB ") Fund (2905); and
WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said
budget amendment and the resultant impacts to the budget line item.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
Resolution No. 2011 -243
Page 3
SECTION 1. Agency hereby finds and determines that the provision of the
proposed Public Improvements are of benefit to the Project Area as they will help to
eliminate blight within the Project Area, that no other reasonable means of financing the
Public Improvement are available to the community; and that the payment of funds for
the Public Improvement is consistent with the Agency's Implementation Plan for the
Project adopted pursuant to Section 33490 of the CRL. These findings and
determinations are based upon the following facts:
a. The Public Improvements are located within the Project Area
and will assist in eliminating the blighting condition of
inadequate recreation facilities in the downtown
neighborhoods.
b. Although the City is able to aid and assist the Agency by
undertaking the Public Improvements and initially providing
the funds necessary for the acquisition of land or the
construction or installation of the Public Improvements, the
City lacks the resources necessary to fund the Public
Improvements from the General Fund, and other potential
sources of funds are not available at this time.
C. The Implementation Plan for the Moorpark Redevelopment
Project contains the specific goals and objectives of the
Agency for the Project Area, the specific programs, including
potential projects, and estimated expenditures proposed to
be made during the next five years, and an explanation of
how the goals and objectives, programs, and expenditures
will eliminate blight within the Project Area set forth in the
Community Redevelopment Law. The Public Improvement
is consistent with the Implementation Plan, as the goals and
programs provide funding for public facilities, such as
parking facilities, parks and recreation facilities, landscaping
and other amenities, which serve properties and people in
the Project Area.
SECTION 2. Agency hereby approves the Public Improvement Reimbursement
Agreement and hereby authorizes and directs the Executive Director of the Agency to
execute the Agreement on behalf of the Agency, subject to any minor, technical or
clarifying changes that may be approved by the Agency's legal counsel. The Agency
hereby further authorizes and directs the Executive Director to take all actions and
execute all documents as necessary to carry out the Agreement and accomplish the
acquisition of land and construction of the Public Improvements and the Agency's
reimbursement of City for the costs of the Public Improvements as provided for in the
Agreement.
Resolution No. 2011 -243
Page 4
SECTION 3. A budget amendment in the amount of $2,500,000.00 from the
MRA 2006 TAB Fund (2905), as more particularly described in Exhibit "A ", attached
hereto, is hereby approved for the Public Improvements.
SECTION 4. The Agency Secretary shall certify to the adoption of this resolution
and shall cause a certified resolution to be filed in the book of original Resolutions.
PASSED AND ADOPTED this 2nd day of February, 2011.
Ia ice S. Parvin, Chair
ATTEST:
Maureen Benson, Agency Secretary
Attachment: Exhibit A — Budget Amendment '
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Resolution No. 2011 -243
Page 5
EXHIBIT A
BUDGET AMENDMENT FOR MRA 2006 TAB PROCEEDS FUND (2905) FOR
DEMOLITION OF 192 HIGH STREET, ACQUISITION OF 161 SECOND STREET,
RELOCATION, DEMOLITION, AND PARK IMPROVEMENT EXPENSES, AND
DESIGN OF HIGH STREET STREETSCAPE IMPROVEMENTS
FUND ALLOCATION FROM:
Fund
Account Number
Amount
MRA 2006 TAB PROCEEDS FUND
2905 -5500
$ 2,500,000.00
2905.2410.5056.9601
$ -
$
Total
$
$ 2,500,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current Budget
Revision
Amended Budget
2905.2410.5056.9601
$ -
$
1,150,000.00
$
1,150,000.00
2905.2410.5038.9611
$ -
$
350, 000.00
$
350, 000.00
2905.2410.5081.9609
$ -
$
50,000.00
$
50,000.00
2905.2410.5081.9610
$ -
$
520,000.00
$
520,000.00
2905.2410.5081.9611
$ -
$
10,000.00
$
10,000.00
2905.2410.5081.9613
$ -
$
420,000.00
$
420,000.00
Total
$ -
$
2,500,000.00
$
2,500,000.00
Resolution No. 2011 -243
Page 6
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Maureen Benson, Agency Secretary of the Redevelopment Agency of the City
of Moorpark, California, do hereby certify under penalty of perjury that the foregoing
Resolution No. 2011 -243 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 2nd day of February, 2011, and that the
same was adopted by the following vote:
AYES: Agency Members Millhouse, Pollock, Van Dam, and Chair Parvin
NOES: None
ABSENT: Agency Member Mikos
ABSTAIN: None
2011.
WITNESS my hand and the official seal of said City this 16th day of February,
Maureen Benson, Agency Secretary
(seal)
is, 1987
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