HomeMy WebLinkAbout1993-5383
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RESOLUTION NO. 5383
RESOLUTION OF THE COMMUNITY DEVELOPMENT
COMMISSION ACTING ON BEHALF OF THE
REDEVELOPMENT AGENCY OF THE CITY OF
SAN BERNARDINO, APPROVING AND AUTHORIZING
THE EXECUTION OF A CERTAIN GROUND LEASE IN
CONNECTION WITH THE FINANCING OF THE
SAN BERNARDINO POLICE STATION
WHEREAS, the City of San Bernardino (the "City") is a
charter city duly organized and existing under and pursuant to
the Constitution and the laws of the State of California; and
WHEREAS, the San Bernardino Joint Powers Financing
Authority (the "Authority") is a public entity duly organized and
existing pursuant to Article 1, Chapter 5, Division 7, Title 1 of
the Government Code (commencing with section 6500); and
WHEREAS, the Redevelopment Agency of the city of
San Bernardino (the "Agency") is a public body corporate and
politic, duly organized and existing pursuant to the Community
Redevelopment Law (Part 1 of Division 24 commencing with section
33000) of the Health and Safety Code of California (the
"Community Redevelopment Law"); and
WHEREAS, the City has requested that the Authority
assist the City in the financing of the acquisition and
construction of the San Bernardino police station (the
"Property") and the Authority has agreed to assist the city in
said financing; and
WHEREAS, the Property which the City desires to use to
construct the police station is currently owned by the Agency;
and
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1 WHEREAS, at the request of the City, the Authority
2 proposes to lease the Property from the Agency, pursuant to the
3 Ground Lease on file with the Secretary of the Agency (the
4 "Ground Lease") and then sublease the Property and the
5 improvements to be constructed thereon to the City under a lease
6 purchase agreement (the "Lease Agreement"); and
7 WHEREAS, in order to aid in the financing of the
8 construction of the Police station, the Authority shall provide
9 for the sale and delivery of certain certificates of
10 Participation (the "certificates") on behalf of the City which
11 shall be secured by lease payments of the city made under the
12 Lease Agreement; and
13 WHEREAS, the Agency deems it desirable and in the best
14 interests of the Agency, City and the Authority to enter into the
15 Ground Lease in furtherance of the public purposes of the Agency
16 and the City.
17 NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION
18 ACTING ON BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF
19 SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER AS
20 FOLLOWS:
21 section 1. Determinations. The Agency hereby finds
22 that the recitals contained hereinabove are true and correct and
23 are incorporated herein as though fully set forth.
24 Section 2. Execution. The Agency hereby approves
25 the form of Ground Lease on file with the Agency Secretary and
26 hereby authorizes and directs the Chairman to execute the Ground
27 Lease and directs the Agency Secretary to attest to such
28 execution.
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1 section 3. Official Action. The Chairman, Vice
2 Chairman, Agency Secretary, Special Counsel and any other
3 officers of the Agency are hereby authorized and directed, for
4 and in the name of and on behalf of the Agency, to do any and all
5 things and take any and all actions which may be deemed necessary
6 or advisable in order to enter into and execute the Ground Lease.
7 The Agency hereby appoints the Chairman as agent of the Agency
8 for purposes of executing any and all documents and instruments
9 which any officer of the Agency is authorized to execute
10 hereunder.
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RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION ACTING ON
BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO,
APPROVING AND AUTHORIZING THE EXECUTION OF A CERTAIN GROUND LEASE
IN CONNECTION WITH THE FINANCING OF THE SAN BERNARDINO POLICE
STATION
Effective Date. This Resolution shall
Section 4.
take effect from and after the date of its passage and adoption.
I HEREBY CERTIFY that the foregoing Resolution was duly
adopted by the Community Development Commission of the City of
Joint Regular
meeting
San Bernardino at a
November
day of
thereof, held on the
15
1993, by the following vote, to wit:
ABSENT
ABSTAIN
NAYS
commission Members:
AYES
x
x
NEGRETE
CURLIN
HERNANDEZ
OBERHELMAN
DEVLIN
POPE-LUDLAM
MILLER
x
x
x
x
x
3!fr~Jk4,
Kenneth J. Henderson
is hereby approved this
The foregoing resolution
November , 1993.
15
day of
~J'( )~"
Tom Minor, Chairman
community Development
Commission of the
City of San Bernardino
Approved as to
form and legal content:
By:
Agency Counsel
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