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HomeMy WebLinkAbout08-131 - Resolutions RESOLUTION NO. 08-131 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, REGARDING PROJECTS BENEFITING THE RANCHO REDEVELOPMENT PROJECT AND MAKING CERTAIN FINDINGS IN REGARD A. Recitals. (i) The Community Redevelopment Law of the State of California (Health and Safety Code Sections 33000 et seq.), among other provisions granting powers to redevelopment agencies, contains Section 33445 which provides that a redevelopment agency, with the consent of the legislative body, may pay all or part of the value of land for and the cost of installation and construction of any buildings, facilities, structures or other improvements which are publicly owned either within or without a project area, upon a determination by such agency and such legislative body by resolution that such buildings, facilities, structures or other improvements are of benefit to such project area; that no other means of financing the same are available to the community; and, that the payment of funds for same will assist in the elimination of one or more blighting conditions inside the project area. (ii) Attached as Appendix "1" is a document which provides for the Agency's funding of certain capital projects from tax increment resources in estimated amounts (the "Public Projects"). (iii) The officially adopted Rancho Redevelopment Plan of the Rancho Cucamonga Redevelopment Agency (the "Agency"), including all amendments, provides in part for the construction of these community and cultural facilities to serve said project area. (iv) All legal prerequisites to the adoption of this Resolution related to the Public Projects have occurred. B. Resolution. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby find, determine and resolve as follows: Section 1. This Council hereby finds that the facts set forth in the Recitals, Part A, of this Resolution are true and correct. Section 2. The City of Rancho Cucamonga hereby consents to the Rancho Cucamonga Redevelopment Agency's funding of the costs and expenses related to the Public Projects specified in Appendix "1" hereto pursuant to Health and Safety Code Section 33445. Section 3. This Council hereby specifically finds and determines that the construction of the Public Projects by and through Agency's funding will be of benefit to the Agency's Rancho Redevelopment Project. Resolution No. 08-131 Page 2 of 4 Section 4. The Council hereby specifically finds and determines that no other reasonable means of financing is available to the community to construct the Public Projects other than through the Agency's funding thereof and consented to herein. Section 5. This Council hereby specifically finds and determines that the construction of the Public Projects specified in Appendix "1" and this Agency's funding thereof will assist in the elimination of one or more blighting conditions inside the project area and is consistent with this Agency's implementation plan adopted pursuant to Health and Safety Code section 33490. Section 6. The City Clerk shall certify to the adoption of this Resolution. Please see the following page for formal adoption,certification and signatures Resolution No. 08-131 Page 3 of 4 PASSED, APPROVED, AND ADOPTED this 12th day of June 2008. AYES: Gutierrez, Michael, Spagnolo, Williams NOES: None ABSENT: Kurth ABSTAINED: None L. ennis c ael, Mayor Pro Tem ATTEST: D bra J. Ada , CMC, City Clerk I, DEBRA J. ADAMS, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved and adopted by the City Council of the City of Rancho Cucamonga, California, at a Special Meeting of said City Council held on the 12'" day of June 2008. Executed this 16t' day of June 2008, at Rancho Cucamonga, California. Debra J. Adam MC, City Clerk Resolution No. 08-131 Page 4 of 4 APPENDIX 1 Project Location Estimated Anticipated Source(s) of Cost Funding Metrolink Transit East side of Milliken $2,000,000 Tax Increment Facility and Parking Avenue, north of 6`h Tax Allocation Bond area Street Funds Family Sports Center South side of San $2,110,000 Tax Increment Bernardino Road, Tax Allocation Bond east of Vineyard Funds Avenue Family Resource South side of Arrow $1,000,000 Tax Increment Center Highway, east of Tax Allocation Bond Archibald Avenue Funds Animal Care and North side of Arrow $2,000,000 Tax Increment Adoption Center Highway, west of Tax Allocation Bond Rochester Avenue Funds East Avenue Storm East Avenue $16,000,000 Tax Increment Drain between Arrow and Tax Allocation Bond 4th Street Funds Demens Basin No. 2 South of Hillside $2,500,000 Tax Increment reclamation Avenue, west side of Tax Allocation Bond Hellman Avenue Funds Chaffey Isle House West side of $100,000 Tax Increment Restoration Etiwanda Avenue, Tax Allocation Bond north of Base Line Funds Road