HomeMy WebLinkAbout1990-5229
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RESOLUTION NO. 5229
3 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE
CITY OF SAN BERNARDINO AUTHORIZING EXECUTION OF AN AGREEMENT WITH
4 GREENLEAF-NEELEY INVESTORS AND MAKING CERTAIN FINDINGS IN
CONNECTION THEREWITH
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WHEREAS, the Community Development Commission of the City
of San Bernardino (the "Commission") is authorized to carry out
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the redevelopment of the Project Area for the State College
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Project (the "Project"); and
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WHEREAS, Greenleaf-Neeley Investors, a California general
partnership (the "Participant") has proposed that the Commission
approve an Owner Participation Agreement in the form submitted
herewith (the "Agreement"); and
WHEREAS, the Agreement provides, in part, for the payment
by the Commission of certain fees payable to the City of San
Bernardino (the "City") in connection with development proposed
to be undertaken by the Participant pursuant to the Agreement;
and
WHEREAS, the fees to be paid by the Agency pursuant to the
Agreement pertain to the provision of public improvements; and
WHEREAS, the City shall receive full payment of its fees;
and
WHEREAS, the California Health and Safety Code Section
33445 provides that the redevelopment agency may, with the
consent of the legislative body, pay all or part of the value of
public buildings, facilities, structures or other improvements
upon a finding that such public improvements are of benefit to
the Project Area or the immediate neighborhood in which the
DAB/ses
December 11, 1989
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2 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE
CITY OF SAN BERNARDINO AUTHORIZING EXECUTION OF AN AGREEMENT WITH
3 GREENLEAF-NEELEY INVESTORS AND MAKING CERTAIN FINDINGS IN
CONNECTION THEREWITH
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Project is located and that there is no other reasonable means of
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financing such public improvements available for the community,
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NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMON
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COUNCIL OF THE CITY
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OF SAN BERNARDINO AS FOLLOWS:
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SECTION 1.
The Commission hereby determines that the
construction of public improvements, as provided for by the
payment of City fees as hereinabove described, will be of benefit
to the Project Area and the surrounding area neighborhood in
which the Project is located.
SECTION 2.
The Commission further determines that no
other reasonable means for financing the construction of such
public improvements are available except having the Commission
pay all or part of the value of such acquisition, clearance,
regrading and construction of such public improvements by the
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payment of City fees.
SECTION 3.
The Commission approves the Agreement and
authorizes and directs the Chairman and the Executive Director to
execute the Agreement on behalf of the Commission.
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DAB/ses
December 11, 1989
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RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE
CITY OF SAN BERNARDINO AUTHORIZING EXECUTION OF AN AGREEMENT WITH
GREENLEAF-NEELEY INVESTORS AND MAKING CERTAIN FINDINGS IN
CONNECTION THEREWITH
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I HEREBY CERTIFY that the foregoing resolution was duly
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adopted by the Community Development Commission of the City of
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San Bernardino at a
REGULAR
meeting thereof, held on the
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5~ day of FEBRUARY
, 1989, by the following vote, to wit:
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Commission Members:
AYES
NAYS
ABSTAIN
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ESTRADA
REILLY
FLORES
MAUDSLEY
MINOR
POPE-LUDLAM
MILLER
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x
x
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x
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Sec eta
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The foregoing resolution is hereby approved this 5th
day
of February
the
, 19, 90 .
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21 Approved as to
form and legal content:
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Agency ounsel
DAB/ses
December 11, 1989
DATED: February 5 , 19~.
SEAL
Secretary
Development
the City of
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