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HomeMy WebLinkAbout2010-125 1 2 3 4 5 6 7 . NOTE: COMPANION RESOLUTIONS 2010-123 AND 2010-124 RESOLUTION NO. 2010-125 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO ELECTING THE STATUTORY PASS-THROUGH PURSUANT TO HEALTH AND SAFETY CODE SECTION 33607.5(b) FOR THE CENTRAL CITY SOUTH REDEVELOPMENT PROJECT WHEREAS, the Redevelopment Agency of the City of San Bernardino (the "Agency") has an approved redevelopment plan for the Central City South Redevelopment Project (the 8 "Redevelopment Plan"), which provides for tax increment (the "Tax Increment") financing 9 pursuant to Section 33670 of the California Community Redevelopment Law, Health and Safety 10 Code Section 33000, et seq. (the "CRL"); and 11 12 WHEREAS, the City of San Bernardino (the "City") has adopted the Redevelopment Plan by the Mayor and Common Council of the City of San Bernardino (the "City Council") Ordinance 13 No. 3572, and the City has subsequently amended such Redevelopment Plan by City Council 14 15 Ordinance Nos. MC-564, MC-724, MC-9l9, MC-1104, MC-1208 and MC-130l (the Redevelopment Plan as adopted and subsequently amended by the City Council is referred to herein 16 as the "Redevelopment Plan"); and 17 18 WHEREAS, concurrently with the adoption of this Resolution the City Council has introduced and given a first reading to an ordinance entitled "Ordinance of the City of San 19 Bernardino Eliminating the Debt Incurrence Deadline for the Redevelopment Plan for the Central 20 City South Redevelopment Project Area"; and 21 22 WHEREAS, the City is the community which adopted the Redevelopment Plan, and by virtue of the passage of the ordinance referenced in the preceding paragraph, the City Council is 23 24 authorized by Section 33607.7(b)(2) to make the election offered in Section 33607.5(b) to be paid the amount described in said Section 33607.5(b) of the CRL with respect to the Redevelopment 25 Plan as amended by such ordinance; and 26 27 WHEREAS, the City Council hereby elects to be paid the amounts sets forth in the Section 28 33607.7(b) of the CRL as a statutory pass-through payment from the Agency for each fiscal year 1 P:\Agendas\R.esolutions\Resolutions\2010\OS-17-10 Central City South Pass-through MCC Reso F (Con't)_doc 2010-125 1 the Agency collects Tax Increment pursuant to the Redevelopment Plan; and 2 WHEREAS, it the policy intent of the City Council that the amount received as a statutory 3 pass-through payment each fiscal year by the City will be appropriated for programs and activities 4 that benefit the Central City South Redevelopment Project Area and support the redevelopment 5 program, as determined in the annual City budgeting process. 6 NOW, THEREFORE, IT IS HEREBY RESOLVED, DETERMINED AND ORDERED BY 7 THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, AS 8 FOLLOWS: 9 Section 1. Subject to the ordinance referenced in the recitals of this Resolution taking 10 effect, the City Council hereby elects, pursuant to Section 33607.5(b) of the CRL, to be paid the 11 statutory pass-through payments from the Agency for each fiscal year the Agency collects the Tax 12 Increment pursuant to the Redevelopment Plan. 13 Section 2. The City Council hereby authorizes and directs the City Manager to transmit 14 copies of this Resolution to the Agency and to take all other actions required pursuant to Section 15 33607.7(b) of the CRL to implement the election set forth in this Resolution. 16 Section 3. This Resolution shall take effect upon its adoption and execution in the 17 manner as required by the City Charter. 18 III 19 III 20 III 21 III 22 III 23 III 24 III 25 III 26 III 27 III 28 III 2 P:\AgendaslResolutions\Resolutions\2010\05.17.10 Central City South Pass-through Mec Reso F (Con't).doc 2010-125 1 2 3 4 5 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO ELECTING THE STATUTORY PASS-THROUGH PURSUANT TO HEALTH AND SAFETY CODE SECTION 33607.5(b) FOR THE CENTRAL CITY SOUTH REDEVELOPMENT PROJECT I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a joint regular 6 meeting thereof, 7 held on the 17th day of May ,2010, by the following vote to wit: Council Members: Aves Navs Abstain Absent 8 MARQUEZ X 9 - DESJARDINS x 10 BRINKER X 11 SHORETT X 12 KELLEY X 13 JOHNSON X - 14 MC CAMMACK -1L 15 16 ~Ad. .h. CJ,~ 17 Racne G. Clark, City Clerk 18 The foregoing Resolution is hereby approved this /4" day of May ,2010. 19 20 21 ~ City of San Bernardino 22 : ::z~ 25 James F. Penman, City Attorney 26 . 27 28 3 P:\Agendas\Rcsolutions\Resolutions\2010\05-17-10 Central City South Pus-through MCC Reso F (Con'I),doc