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RESOLUTION NO.
CDC 1999-35
RESOLUTION OF THE COMMUNITY DEVELOPMENT
COMMISSION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF SAN BERNARDINO APPROVING AMENDMENT
NO. 2 TO SAN BERNARDINO ASSOCIATED GOVERNMENT
AGREEMENT NO. 93-099 (LOAN OF $800,000.00 TO
REDEVELOPMENT AGENCY OF THE CITY OF SAN
BERNARDINO AND INLAND VALLEY DEVELOPMENT
AGENCY TO PREPARE PLANS AND SPECIFICATIONS FOR
CERTAIN MAJOR ARTERIAL STREETS) AND
AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE
AMENDMENT NO. 2
WHEREAS, the Redevelopment Agency of the City of
10 San Bernardino (the "Agency") is a public body, corporate and
11 politic organized under the laws of the State of California; and
12
13
93-099
(the
WHEREAS,
pursuant to Agreement No.
14 "Agreement"), San Bernardino Associated Governments ("SANBAG")
15 loaned to the Agency and to the Inland Valley Development Agency
16 ("IVDA") the principal amount of Eight Hundred Thousand Dollars
17 ($800,000.00) (the "Loan") for the design phases of the Tippecanoe
18 and Del Rosa Avenue connector ($200,000.00) and the design phases
19 of the Orange Show Road extension ($600,000.00); and
20
21 WHEREAS, the Loan was to be repaid within five years of
22 the date of the Agreement; and
23
24
WHEREAS, in September 1994, $200,000.00 of the Loan was
25 repaid when an Economic Development Administration grant was
26 obtained that paid for seventy five percent (75%) of the costs of
27 the Tippecanoe and Del Rosa Avenue connector; and
28
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CDC 1999-35
1 WHEREAS, federal funds for the design phase of the Orange
2 Show Road extension have not been obtained, and the IVDA and the
3 Agency have not been able to repay the Six Hundred Thousand Dollar
4 ($600,000.00)portion of the Loan within the time frame provided in
5 the Agreement; and
6
7
WHEREAS, on May 5, 1999, SANBAG approved Amendment No. 1
8 to the Agreement ("Amendment No.1") allowing the IVDA and the
9 Agency to repay the Loan within eight (8) years of the date of the
10 Agreement; and
11
12 WHEREAS, Amendment No. 1 requires the Agency and the IVDA
13 to present to SANBAG a repayment plan for the Six Hundred Thousand
14 Dollars ($600,000.00) no later than sixty (60) days after the
15 approval of Amendment No.1; and
16
17
WHEREAS, SANBAG has approved Amendment No. 2 to the
18 Agreement attached hereto as Exhibit "A" and incorporated herein by
19 this reference allowing the Agency and the IVDA to present a
20 repayment plan for the Six Hundred Thousand Dollars ($600,000.00)
21 no later than October 6, 1999.
22
23
NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION,
24 ACTING ON BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF
25 SAN BERNARDINO, DOES HEREBY RESOLVE, DETERMINE AND ORDER AS
26 FOLLOWS:
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CDC 1999-35
1
Section 1.
Approval of Amendment No.2. The Agency
2 hereby approves Amendment No.2 to the Agreement attached hereto as
3 Exhibit "A".
4
5
Section 2.
Official Action. The Executive Director
6 of the Agency is hereby authorized and directed to execute
7 Amendment No. 2 and to deliver Amendment No. 2 to SANBAG. The
8 Executive Director or such other designated representative of the
9 Agency is further authorized to do any and all things necessary or
10 advisable to effectuate the purpose of Amendment No.2, which is to
11 present to SANBAG a repayment plan no later than October 6, 1999.
12
13 III
14 III
15 III
16 III
17 III
18 III
19 III
20 III
21 III
22 III
23 III
24 III
25 III
26 III
27 III
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CDC 1999-35
1 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE
REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO APPROVING
2 AMENDMENT NO. 2 TO SAN BERNARDINO ASSOCIATED GOVERNMENT AGREEMENT
NO. 93-099 (LOAN OF $800,000.00 TO REDEVELOPMENT AGENCY OF THE CITY
3 OF SAN BERNARDINO AND INLAND VALLEY DEVELOPMENT AGENCY TO PREPARE
PLANS AND SPECIFICATIONS FOR CERTAIN MAJOR ARTERIAL STREETS) AND
4 AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE AMENDMENT NO. 2
5
Section 3.
This Resolution shall take effect upon the
6 date of its adoption.
7 I HEREBY CERTIFY that the foregoing Resolution was duly
8 adopted by the Community Development Commission of the City of
9 San Bernardino at a
joint regular
meeting
10 thereof, held on the 20th
day of September
, 1999,
11 by the following vote, to wit:
12 Commission Members: AYES
13 ESTRADA x
LIEN x
14 -
McGINNIS x
-
SCHNETZ x
15 (VACANT)- 5th Ward
ANDERSON X
16 -
MILLER X
NAYS
ABSTAIN
ABSENT
The foregoing resolution is hereby approved this of,?
September , 1999.
l ':~
Valles, Chairperson
nity Development Commission
e City of San Bernardino
content:
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CDC 1999-35
EXHIBIT "A"
AMENDMENT NO.2
AGREEMENT NO. 93-099
SAN BERNARDINO ASSOCIATED GOVERNMENTS
and
INLAND VALLEY DEVELOPMENT AGENCY
and
REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO
WHEREAS, the San Bernardino Associated Governments, hereinafter referred to as "SANBAG",
the Inland Valley Development Agency. hereinafter referred to as "IVDA", and the
Redevelopment Agency of the City of San Bernardino, hereinafter referred to as
"REDEVELOPMENT AGENCY", have previously entered into an agreement, dated November
24, 1992, wherein SANBAG loaned IVDA Eight Hundred Thousand Dollars ($800,000.00) to
prepare plans and specifications for certain major arterial streets, which agreement is hereinafter
referred to as the "Agreement"; and,
WHEREAS, SANBAG, IVDA, and the REDEVELOPMENT AGENCY previously amended the
Agreement on May 5, 1999, by Amendment No. I, to provide additional time to repay the loan
and accrued interest; and,
WHEREAS, SANBAG, IVDA, and the REDEVELOPMENT AGENCY desire to amend the
Agreement to provide additional time for IVDA and the REDEVELOPMENT AGENCY to
present a repayment plan for the remaining principal;
NOW THEREFORE, SANBAG, IVDA and the REDEVELOPMENT AGENCY agree the
Agreement is amended as follows:
1. Paragraph IIIG is amended to read as follows:
G.
It is understood that IVDA and the REDEVELOPMENT AGENCY must present
a repayment plan for the $600,000 principal to SANBAG no later than
October 6, 1999.
A930992.DOC
9951400
July 8, 1999
CDC 1999-35
2. All other portions of this Agreement, including Exhibit A, as previously amended, which
are not altered by this amendment, shall remain in full force and effect and are
incorporated herein by this reference. This amendment shall be effective when approved
by all parties hereto.
SAN BERNARDINO ASSOCIATED
GOVERt'lMENTS
APPROVED AS TO FORM:
B -""'-~./". ~ - c
y~" /~ / - ? -
"' Robert Christman
President
-
.'-~~
c:'"- -"
Dated:
9--- j-- 9 r
Dated:
9- /~9/
APPROVED AS TO FORM:
By:
Dated:
INLAND VALLEY DEVELOPMENT
AGENCY
APPROVED AS TO FORM:
By:
By:
Dated:
Dated:
A930992.DOC
9951400
July 8. 1999