HomeMy WebLinkAbout2010-124
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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
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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
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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
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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
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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
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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:
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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.
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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.
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Section 3.
This Resolution shall take effect upon its adoption and execution in the
16 manner as required by the City Charter.
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2010-124
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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
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Rac G. Clark, City Clerk
18 The foregoing Resolution is hereby approved this /t?f>J day of May
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,2010.
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23 Approved as to Form:
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25 By: ~4'4A_<'~
Mames F. Penman, City Attorney
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