HomeMy WebLinkAbout1991-5281
1
2
3
4
5
6
7
RESOLUTION NO. 5281
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF SAN BERNARDINO APPROVING A CERTAIN
AMENDMENT NO. ONE TO THE DISPOSITION AND DEVELOPMENT
AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF
THE CITY OF SAN BERNARDINO AND NEW FRONTIER COMMERCIAL
PROPERTIES, INC. (NORTHWEST REDEVELOPMENT PROJECT AREA)
WHEREAS, the Community Development Commission of the
8 City of San Bernardino (the "commission") on behalf of the
9 Redevelopment Agency of the City of San Bernardino (the
10 "Agency"), is a redevelopment agency, a public body, corporate
11 and politic of the State of California, organized and existing
12 pursuant to the community Redevelopment Law (Part 1 of Division
13 24) commencing with section 33000 of the Health and Safety Code
14 of the State of California (the "Act"); and
15
16
WHEREAS, the Redevelopment Plan for the Northwest
17 Redevelopment Project (the "Redevelopment Plan") was previously
18 approved and adopted by the Mayor and Common Council of the City
19 of San Bernardino (the "Council") by Ordinance No. MC-189, dated
20 July 6, 1982; and
21
22
WHEREAS, the Redevelopment Plan provides for the
23 redevelopment of real property pursuant to the Redevelopment Plan
24 by owners thereof or by parties seeking to acquire real property
25 from the Agency; and
26
27
WHEREAS, the Agency has previously approved the
28 execution of a certain Disposition and Development Agreement (the
- 1 -
".~~'-""~~_~"'''''''''-'''",-,",,",,_'''''O~''''_'~'''''"''''''.'''-''~~''~(~'~-=''~'~'_''''''~",;,_""~,,,'~"':",""~,,,',,,,,,, '"_~" >,_..~~_.~.~"",,,_,,,,,,",,,,",,,,~.~,,~.
1 "DDA"), with New Frontier Commercial Properties, Inc., a
2 California corporation (the "Developer") pertaining to the
3 development of a commercial retail shopping center or certain
4 property which is to be sold by the Agency to the Developer (the
5 "Project"); and
6
7 WHEREAS, in connection with the implementation of the
8 DDA the Agency deems it desirable to amend the DDA pursuant to a
9 certain "Amendment No. One to the Disposition and Development
10 Agreement By and Between The Redevelopment Agency of the City of
11 San Bernardino and New Frontier Commercial Properties, Inc.", a
12 copy of which is attached hereto as Exhibit "A" and incorporated
13 herein by this reference; and
14
15 WHEREAS, the purpose of Amendment No. One is to clarify
16 certain provisions of the DDA pertaining to the funding sources
17 of various forms of the Agency assistance which is to be provided
18 pursuant to the terms of the DDA, which funding sources are more
19 fully described in Amendment No. One.
20
21 NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION
22 ACTING ON BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF
23 SAN BERNARDINO, CALIFORNIA, DOES HEREBY RESOLVE, DETERMINE AND
24 ORDER AS FOLLOWS:
25
26
27
28
- 2 -
No. One
III
1/1
III
III
III
III
III
/II
III
III
III
III
III
III
III
III
III
III
III
III
III
- 3 -
1 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF
SAN BERNARDINO APPROVING A CERTAIN AMENDMENT NO. ONE TO THE
2 DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND NEW
3 FRONTIER COMMERCIAL PROPERTIES, INC. (NORTHWEST REDEVELOPMENT
PROJECT AREA)
4
section 2.
This Resolution shall take effect upon
5
6
7
8
9
10
11
12
adoption.
I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the Community Development Commission of the City of
San Bernardino at a Requ1ar
meeting thereof, held on
the 15th day of
April
, 1991, by the following vote, to
wit:
commission Members:
AYES
NAYS
ABSTAIN
13
ESTRADA
14 REILLY
FLORES
15 MAUDSLEY
MINOR
16 POPE-LUDLAM
MILLER
17
18
19
--L-
--L-
--L-
--1L-
--1L-
--1L-
x
J. Henderson
20 day of
The foregoing resolution
Apd 1 , 1991.
21
22
23
24 Approved as to
form and legal content:
: By: Ag!!:2n~
27
28
SBEO\OO92\DOC\16
- 4 -
, IT
1 STATE OF CALIFORNIA )
COUNTY OF SAN BERNARDINO ) ss
2 CITY OF SAN BERNARDINO )
3 I, !$ennyth .r _ Hendersqn. Secretary of the Community
Development Comm1SS1on of the C1ty of San Bernardino, DO HEREBY
4 CERTIFY that the foregoing and attached copy of Community
Development Commission of the City of San Bernardino Resolution
5 No. 5281 is a full, true and correct copy of that now on
file in this office.
6
IN WITNESS WHEREOF, I have hereunto set my hand and
7 affixed the official seal of the Community Development Commission
of the City of San Bernardino this 15th day of
8 April , 1991.
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Secre a y of t e
Community evelopment
Commission
of the City of San Bernardino