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HomeMy WebLinkAbout2010-124 1 2 3 4 5 6 RESOLUTION NO. 2010-124 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 EAST REDEVELOPMENT PROJECT WHEREAS, Redevelopment Agency of the City of San Bernardino (the "Agency") has an 7 approved redevelopment plan for the Central City East 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 WHEREAS, the City of San Bernardino (the "City") has adopted the Redevelopment Plan 12 by the Mayor and Common Council of the City of San Bernardino (the "Council") Ordinance No. 13 3571, and the City has subsequently amended such Redevelopment Plan by Council Ordinance 14 Nos. MC-563, MC-72l, MC-9l8, MC-lll2, MC-1209 and MC-1302 (the Redevelopment Plan as 15 adopted and subsequently amended by the Council is referred to herein as the "Redevelopment 16 Plan"); and 17 WHEREAS, concurrently with the adoption of this Resolution the Council has introduced 18 and given a first reading to an ordinance entitled "Ordinance of the City of San Bernardino 19 Eliminating the Debt Incurrence Deadline for the Redevelopment Plan for the Central City East 20 Redevelopment Project Area"; and 21 WHEREAS, the City is the community which adopted the Redevelopment Plan and, by 22 virtue of the passage of the ordinance referenced in the preceding paragraph, the Council is 23 authorized by Section 33607.7(b)(2) to make the election offered in Section 33607.5(b) to be paid 24 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 WHEREAS, the Council hereby elects to be paid the amounts sets forth in the Section 27 33607.7(b) of the CRL as a statutory pass-through payment from the Agency for each fiscal year 28 the Agency collects Tax Increment pursuant to the Redevelopment Plan; and 1 P:\Agendas\Resolutions\RcsolutionsI2010\05-17_10 Central City East PlIS3-through MCC Reso D (Con't)_doc 2010-124 1 WHEREAS, it is the policy intent of the Council that the amount received as a statutory 2 pass-through payment each fiscal year by the City will be appropriated for programs and activities 3 that benefit the Central City East Redevelopment Project Area and support the redevelopment 4 program, as determined in the annual City budgeting process. 5 NOW, THEREFORE, IT IS HEREBY RESOLVED, DETERMINED AND ORDERED BY 6 THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, AS 7 FOLLOWS: 8 Section 1. Subject to the ordinance referenced in the recitals of this Resolution taking 9 effect, the Council hereby elects, pursuant to Section 33607.5(b) of the CRL, to be paid the 10 statutory pass-through payments from the Agency for each fiscal year the Agency collects the Tax 11 Increment pursuant to the Redevelopment Plan. 12 Section 2. The City Council hereby authorizes and directs the City Manager to transmit 13 copies of this Resolution to the Agency and to take all other actions required pursuant to Section 14 33607.7(b) of the CRL to implement the election set forth in this Resolution. 15 Section 3. This Resolution shall take effect upon its adoption and execution in the 16 manner as required by the City Charter. 17 III 18 III 19 1/1 20 1/1 21 III 22 11/ 23 III 24 III 25 1/1 26 III 27 III 28 1/1 2 P:\Agendas\ResolutionslResolutionsI2010\05-17_IO Central City East PIISS-through MCC Reso D (Con't),doc 2010-124 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 EAST REDEVELOPMENT PROJECT I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor and 16 17 ~~~.~ Rac G. Clark, City Clerk 18 The foregoing Resolution is hereby approved this /t?f>J day of May 19 ,2010. 20 21 22 23 Approved as to Form: 24 / 25 By: ~4'4A_<'~ Mames F. Penman, City Attorney 26 27 28 3 P:\Agendas\Resolutions\Resolutions\2010\OS-17-10 Central City East Pass-lhrough Mec Rcso D (Con't).doc