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HomeMy WebLinkAboutR01-Redevelopment Agency o o o o o o o Redevelopment Agency · City of San Bernardino 300 Nordt "D" S1Iee~ Fourth Floor . San Bernardino, California 92418 (714) 384-S081 FAX (714) 888-9413 .. In':; ~ ~. MAY 18, 1989 REQUEST TO APPROVE AGREEMENTS AND A STAFFING PLAN PREREQUISITE TO DEVELOPMENT OF THE NORTON ECONOMIC EXPANSION PLAN SieVeD H. Dukett Executive Direcror Synopsis of Previous Commission/Council/Committee Action: 04-03-89 Commission authorized staff to initiate all preliminary steps needed to consider redevelopment planning for the Norton Air Force Base (NAPB) Area. (MAYOR AND COMMON COUNCIL) Recommended Motion: a) Adopt a RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT WITH THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO. b) Adopt s RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING A LOAN AGREEMENT BETWEEN THE CITY OF SAN BERNARDINO TO THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO. c) Authorize the Mayor, on behs1f of the City, to formally invite the County of San Bernardino to enter into a Cooperation Agreement for development of the Norton Economic Expansion P1sn. (Continued on page 2) 'fen H. Supporting data attached: Yes FUNDING REQUIREMENTS: $300,000 Ward: 1 Project: Norton/SEIP Commission Notes: SHD:mv:1290S Agenda of: May 18 , 1989 Item No. 1 May 18, 1989 1314S (> o o o Redevelopment Agency o (COMMUNITY DEVELOPMENT COMMISSION) a) Adopt a RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT WITH THE CITY OF SAN BERNARDINO. b) Adopt a RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING A LOAN AGREEMENT BETWEEN THE CITY OF SAN BERNARDINO TO THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO. c) Authorize the Chairman, on behalf of the Agency, to formally invite the County of San Bernardino to enter into a Cooperation Agreement for development of the Norton Economic Expansion Plan. d) Approve the initial staffing/consultant plan for management of the development of a Norton Economic Expansion Plan, as described in the attached staff report. o o 2 Msy 18, 1989 l3l4S c o o o o o o Redevelopment Agency StAFF REPORt This is to recommend approval of the necessary agreements required to initiate the development of the Norton Economic Expansion Plan (NEEP). Further, to ensure proper management of the development of the NEEP, it is recommended that the position of Norton Reuse Coordinator be created in the Agency as either a temporary employee or as a consultant. BACKGROUND: On April 3, 1989 the Commission authorized stsff to initiate all preliminary steps needed to consider establishing a Redevelopment Survey Area for Norton Air Force Base (NAPB) and appropriate surrounding areas. These preliminary steps, among other things, included development of an initial planning budget and financing plan as well as recommendations for staff services requirements. to accomplish these tasks, a special staff committee was formed consisting of the Acting City Administrator, Planning Director and Executive Director of the Redevelopment Agency. After carefully studying the issues, this committee has formulated the recommendations contained on Attachment I. In order to effectuate the committee's suggestions it is recommended that: 1. At a minimum, the County of San Bernardino, City of San Bernardino and the Redevelopment Agency of the City of San Bernardino should enter into a Cooperation Agreement governing the development of the NEEP. A draft of the recommended agreement is attached for your information. It is, therefore, recommended that the County be invited to enter into an appropriate cooperation agreement with the City and the Agency. 2. The Redevelopment Agency and the City approve loan documents which will capitalize the initial efforts at development of the NEEP at *300,000. The recommended amount is a very conservative estimate that the special staff committee feels is sufficient for all first-year efforts. The Loan Agreements are attached and were prepared by Special Counsel with input and guidance from the City Attorney and Agency Counsel. The necessary funding, which will originate from the Southeast Industrial Park Redevelopment Project, will flow first through the City then to the Agency for the NEEP project. 3. The Community Development Commission authorize through June 30, 1990 the creation of a special position or consultancy within the Redevelopment Agency. The position, to be referred to as the "Norton Reuse Coordinator", will be responsible for day to day management of the development of the NEEP. The Coordinator's services will be provided to the City Administrator with on-going advice from the other members of the special staff committee noted above. It is recommended that the position either be established as a limited-term appointment at an annual salary range of *56,172 to *68,460 (Deputy 3 May 18, 1989 l3l4S o c o o o o o Redevelopment Agency Director equivalent) depending upon the qualifications of the applicant; or alternatively, offered on a consultant contract basis with total compensation equivalent to the above proposed salary plus the value of benefits. Further, in consideration of the urgent need, it is requested that the Executive Director be authorized to recruit and hire (through temporary employment or contract) the Norton Reuse Coordinator under the conditions described herein, subject to the recommendation of the other members of the special staff committee noted above and the concurrence of both the Commission Chairman and Redevelopment Committee Chairperson. For your information, it is anticipated that the services of a professional personnel recruitment firm will be utilized to identify potential candidates for this position. It is important to note that the creation of the coordinator position will not in itself satisfy all of the Agency's staffing needs relative to accomplishing the redevelopment planning and implementation activities for the Norton project. These activities together with those required for the Kt. Vernon Business Corridor Project will require further staff adjustments. These changes are anticipated to be recommended as a part of the Agency's Fiscal Year 1989/90 budget. Since it is important that above noted actions be initiated immediately, it was not possible to first submit them to the Redevelopment Committee for review. However, the matter was discussed with the Committee's Chairperson. It is, therefore, recommended that the Kayor and Common Council and the Commission authorize the actions described above. 4 Kay 18, 1989 13145 o o o c o o o ATTACHM[NT I NORTON [CONOMIC [XPANSION PLAN FACT SH[[T May 18, 1989 1. In response to the ImpendIng closure of Norton AIr Force Base (NAFB>, there Is an urgent need to create a comprehensive Norton EconomIc ExpansIon Plan (NEEP>. 2. In accordance wIth a multI-jurisdIctional cooperatIon agreement (see No. 4 below>, the CIty of San BernardIno should be the lead agency In developIng the plan wIth the cooperatIon of the other partIcIpatIng jurIsdIctIons and the Input and advIce from the Norton EconomIc Expansion CommIttee (NEEC>. This plan should contaIn the fOllowIng basIc elements: a. FAA Study - ThIs component of the plan wIll evaluate and defIne the cIvIlIan aIrport operatIons envelope of opportunIty for Norton. The study wIll also recommend alternatIves for airport management and operatIons, whIch could Include some form of shared or joInt powers authorIty. b. Reuse Study - Based upon the results of the FAA study, the reuse plan wIll IdentIfy those portIons of NAFB that wIll be requIred for dIrect alport uses and whIch portIons wIll be avaIlable for aIrport-related uses IncludIng recommendatIons for the most approprIate types of uses. The study wIll be specIfIc enough to guIde future development plannIng efforts. c. Redevelopment study - In concert wIth the fIrst two components of the overall plan, all of the steps legally requIred to be taken under CalIfornIa Law for adoptIon of a new redevelopment area wIll be pursued for NAFB and adjacent areas. ThIs could Include the terrItory of adjacent cItIes as well as unIncorporated terrItory. The Inclusion of terrItory outsIde the jurIsdictIon of the City of San BernardIno Is subject to the wIllIngness of the affected entItIes to joint-venture or act cooperatIvely wIth the City of San Bernardino. This joInt-venture or cooperatIve effort could either result in a combIned redevelopment project (If a joInt powers authorIty approach were to be consIdered, then CalifornIa Redevelopment Law changes will probably be needed> or separate ones that are planned simultaneously and implemented cooperatively. . To consider ImplementIng thIs approach, each affected jurIsdictIon should be formally InvIted to consIder thIs type of partIcIpatIon. If they wIsh to do so, then they wIll be asked to take approprIate steps consIstent wIth the CIty of San BernardIno eIther IndIvidually or through a joInt effort. In consIderatIon of the potentIal lack of redevelopment expertIse on the part of the other jurisdIctions, especially the County, the CIty wIll provide assIstance in accomplIshing the technical requIrements, as needed. 1 May 18, 1989 1<1~~ c o o o o o o 3. The development of the overall plan will be partially financed by both Federal and State grants. Each participating jurisdiction will be asked to contribute funds proportionate to their involvement and to cover their own related expenses. 4. To obtain the Federal and State grants, and at a minimum, the City and County of San Bernardino and the San Bernardino Redevelopment Agency should enter into a cooperation agreement for development of the Norton Economic Expansion Plan. The other potentially affected jurisdictions should be formally invited to join in this cooperation agreement. Under the cooperation agreement, the County, together with the City and with all necessary City assistance, will apply for the available grants. The County upon receipt of the grants, should then pass through to the City that portion of the grant funds that the granting agency has designated for activities which are the responsibility of the City. Other agencies wishing to participate financially in the plan must first enter into the cooperative agreement with the City, County and the Agency. Any subsequently received grant funds designated for activities which are the responsibility of these jurisdictions should be passed through to them by the County. 5. Subsequent to the approval of the cooperation agreement and the Agency's initial staffing plan for management of the development of the NEEP, the Agency will acquire and provide project management services to the City and cooperate in drafting and issuing the necessary consultant RFQ(s) to begin the formal development of the NEEP. 2 May 18, 1989 1314S o o o o o o o COOPERATION AGREEMENT FOR DEVELOPMENT OF THE NORTON ECONOMIC EXPANSION PLAN THIS COOPERATION AGREEMENT is entered into this day of , 1989, by and between THE COUNTY OF SAN BERNARDINO, a political subdivision of the State of California, ("County"), the City of San Bernardino, a municipal corporation and a Charter City, ("City") and the Redevelopment Agency of the City of San Bernardino, a public agency established and existing under the laws of the State of California ("Agency">. WITNESSETH: WHEREAS, the federal government has decided to essentially close Norton Air Force Base ("NAFB") located in the City of San Bernardino, and WHEREAS, such closure could have a severe, adverse economic impact on the City of San Bernardino and surrounding areas unless strong steps are taken to turn such a closure into an economic benefit, and WHEREAS, there Is an urgent need to create a comprehensive Norton Economic Expansion Plan ("NEEP"), and WHEREAS, to properly prepare the NEEP it is In the best Interests of the parties to this agreement to cooperate fully with all public jurisdictions that may be affected by the closure of NAFB, and WHEREAS, to encourage regional participation on the preparation of the NEEP, the parties to this agreement should formally Invite the public jurisdiction members of the Norton Economic Expansion Committee to also enter Into this Agreement by later amendment, and WHEREAS, with the full cooperation of the parties to this Agreement. the NEEP should be developed under the guidance of the parties with the City of San Bernardino as the lead agency with Input and advice from the Norton Economic Expansion Committee as well as other interested groups and agencies, and WHEREAS, such a plan should evaluate and define the civilian airport operations envelope of opportunity for the Norton area as well as options for airport management and operations ("FAA Study"), and WHEREAS, based on the FAA study, a reuse plan should be developed which will identIfy those portions of the Norton area that will be required for direct airport uses and which portions will be available for airport related uses, ("Reuse Study") and WHEREAS, in concert with the FAA Study and the Reuse Study portions of the NEEP, all of the steps legally required to be taken under California law for adoption of a new Redevelopment project area or areas through either multi-jurisdictional cooperation or joint effort should be considered for the Norton area, and May 18, 1989 1314S o o o o o o o WHEREAS, the development of the overall plan should be financed to the maximum extent feasible by both Federal and State grants, NOW THEREFORE, the parties hereto agree as follows: 1. County, City and Agency hereby agree to cooperate In the development of the Norton Economic Expansion Plan. 2. County shall, at the mutal request, assistance and cooperation of the parties, apply for appropriate available grants to offset some of the costs associated with the development of said plan. 3. County, upon receipt of said grants, shall pass through to the appropriate parties that portion of the grant funds that the granting agency has designated for activities which are their responsibility. 4. County, City and Agency shall together formally Invite the other public jurisdictions that may be affected by the closure of NAFB to consider entering Into this Agreement by written amendment. 5. None of the parties to this Agreement shall be considered as agents or employees of the other parties, but for all Intents and purposes shall be considered as Independent contractors, unless such agency status Is necessary for the qualification for any specific grant. 6. The term of this Agreement shall be three (3) years from the date first above shown unless extended by written agreement of the parties. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and date first above shown. ATTEST: By Clerk of the Board of Supervisors Approved as to Form and Legal Content: COUNTY OF SAN BERNARDINO By ~ Chairman, Board of Supervisor ALAN MARKS County Counsel By CITY OF SAN BERNARDINO By ATTEST: Mayor By CI ty Cl erk May 18, 1989 1314S 2 c o o o Approved as to Form and Legal Content: JAMES F. PENMAN City Attorney By o Approved as to Form and Legal Content: By Agency Counsel May 18, 1989 1314S o REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO By 3 Executive Director o o o o o ~ o o o RESOLUTION NO. A RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING A LOAN AGREEMENT BETWEEN THE CITY OF SAN BERNARDINO TO THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO. WHEREAS, the City of San Bernardino (the "City") and the Community Development Commission of the City of San Bernardino (the "Agency") desire to engage in the study of the feasibility of the redevelopment of a potential redevelopment survey area including the Norton Air Force Base and its environs (the "Potential Survey Area"); and WHEREAS, the Agency under the provisions of the California Community Redevelopment Law, is engaged in assessing the feasibility of the redevelopment of the Potential Survey Area; and WHEREAS, the City is authorized to provide financial and other assistance to the Agency to promote the redevelopment of the Potential Survey Area; and WHEREAS, the City proposes to loan and the Agency proposes to borrow Three Hundred Thousand Dollars ($300,000.00) pursuant to the "Loan Agreement", a copy of which is attached hereto as Exhibit "A" and is incorporated herein by reference; 2601-00/05/04/89 4482n - 1 - .0 o o o NOW THEREFORE, the City of San Bernardino does hereby find, c:J determine, order and resolve as follows: Section 1: The Loan Agreement is in the best interests of the City and will promote the public health, safety and welfare. Section 2: The Loan Agreement is hereby approved. The Mayor is authorized to execute the Agreement on behalf of the City. o o 2601-00/05/04/89 4482n - 2 - Q o o o o o o I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Community Development Commission of the City of San Bernardino at a regular meeting thereof held on the day of , 1989 by the following vote, to wit: AYES: Commissioners NAYS: ABSENT or ABSTAIN City Clerk The foregoing resolution is hereby approved this day of , 1989. Evlyn Wilcox City of San Bernardino Approved as to form and legal content: James F. Penman City Attorney By: - 3 - 2601-00/05/04/89 4482n ., .c:> . o o o o o o LOAN AGREEMENT (AGENCY TO CITY) THIS AGREEMENT is entered into as of this day of , 1989, by and between the CITY OF SAN BERNARDINO (the .City.) and the COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO (the .Agency.). RECITALS A. WHEREAS, the Community Redevelopment Law (Health & Safety Code, Section 33603) authorizes redevelopment agencies to invest any money held in reserves or sinking funds, or any money not required for immediate disbursement, in property or securities; and B. WHEREAS, there are presently available to the Agency funds generated by the Southeast Industrial Park Redevelopment Project (the .Project.), which may be invested; and D. WHEREAS, the City desires to borrow funds from the Agency; NOW, THEREFORE, the City and Agency agree as follows: 4472n/A 05/11/89/2601-00 - 1 - o o o o 1. The Agency agrees to loan Three Hundred Thousand Dollars ($300,000.00) to the City. The City shall, in c:; consideration of such investment, be obligated to pay to the Agency within the current fiscal year the amount of Three Hundred Thousand Dollars ($300,000.00) (the "Loan Amount"), plus interest accruing at the lesser of (i) twelve percent (12\) or (ii) the maximum interest rate that may lawfully be paid by a City. The Agency shall consider but is not obligated to extend the time for repayment for an additional year. 2. This Agreement shall be effective as of the day and date first above shown. City of San Bernardino o By: Mayor ATTEST: By: City Clerk APPROVED AS TO FORM AND CONTENT FOR THE CITY By: James F. Penman City Attorney o - 2 - 4472n/A 05/11/89/2601-00 c o o o Dated: o o The Community Development Commission of the City of San Bernardino By: APPROVED AS TO FORM AND CONTENT FOR THE AGENCY By: Dennis A. Barlow Agency Counsel 4472n/A 05111189/2601-00 - 3 - Executive Director o Q o o o o o o RESOLUTION NO. RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT WITH THE CITY OF SAN BERNARDINO WHEREAS, pursuant to the Community Development Law of the State of California, (Health & Safety Code Section 33000, et seq.), the Redevelopment Agency of the City of San Bernardino (the "Agency") is carrying out the Redevelopment Plan for the Southeast Industrial Park Redevelopment Project (the "Project Area"); and WHEREAS, the Agency is authorized to invest funds not immediately necessary for the implementation of the Redevelopment Plan; and WHEREAS, the Agency and the City desire to study the feasibility of the redevelopment of a potential redevelopment survey area including the Norton Air Force Base and its environs (the "Potential Survey Area"); and WHEREAS, the redevelopment of the Potential Survey Area would address blighting influences within the vicinity of the Project Area and would substantially benefit the Project Area and the community; and 4489n/A 05/11/89/2601-00 - 1 - c o o o o o o WHEREAS, in order to effectuate the provisions of the Redevelopment Plan, the Agency proposes to loan and the City proposes to borrow Three Hundred Thousand Dollars ($300,000.00) pursuant to that -Loan Agreement-, a copy of which is attached hereto as Exhibit -A- and is incorporated herein by reference; NOW THEREFORE, the Community Development Commission of the City of San Bernardino hereby resolves as follows: Section 1: The loan of funds pursuant to the Loan Agreement is in the best interest of the Agency and will promote the public health, safety and welfare. - 2 - 4489n/A 05/11/89/2601-00 c o o o o o Section 2: The executive director is hereby authorized to execute the Loan Agreement on behalf of the Agency. 4489n/A 05/11/89/2601-00 - 3 - o c o o o o o o I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Community Development Commission of the City of San Bernardino at a regular meeting thereof held on the day of , 1989 by the fOllowing vote, to wit: AYES: Commissioners NAYS: ABSENT or ABSTAIN Secretary The foregoing resolution is hereby approved this day of , 1989. Chairman of the Community Development Commission of the City of San Bernardino Approved as to form and legal content: By: Agency Counsel - 4 - 4489n/A 05/11189/2601-00 c. o o o o o o RESOLUTION NO. A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING A LOAN AGREEMENT BETWEEN THE CITY OF SAN BERNARDINO TO THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO. WHEREAS, the City of San Bernardino (the "City") and the Community Development Commission of the City of San Bernardino (the "Agency") desire to engage in the study of the feasibility of the redevelopment of a potential redevelopment survey area including the Norton Air Force Base and its environs (the "Potential Survey Area"); and WHEREAS, the Agency under the provisions of the California Community Redevelopment Law, is engaged in assessing the feasibility of the redevelopment of the Potential Survey Area; and WHEREAS, the City is authorized to provide financial and other assistance to the Agency to promote the redevelopment of the Potential Survey Area; and WHEREAS, the City proposes to loan and the Agency proposes to borrow Three Hundred Thousand Dollars ($300,000.00) pursuant to the "Loan Agreement", which is attached hereto as Exhibit "A" and is incorporated herein by reference; 4491n/C 05/11/89/2601-00 - 1 - 0, o o o NOW THEREFORE. the Agency does hereby find. determine. c:J order and resolve as follows: Section 1: The Loan Agreement is in the best interests of the Agency and will promote the pUblic health. safety and welfare. Section 2: The Loan Agreement is hereby approved. The Executive Director is authorized to execute the Agreement on behalf of the Agency. o o - 2 - 449ln/C 05/11/89/2601-00 .C o o o J o o o I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Community Development Commission of the City of San Bernardino at a regular meeting thereof held on the day of , 1989 by the following vote, to wit: AYES: Commissioners NAYS: ABSENT or ABSTAIN Secretary The foregoing resolution is hereby approved this day of , 1989. Chairman of the Community Development Commission of the City of San Bernardino Approved as to form and legal content: By: Agency Counsel 449ln/C 05/11/89/2601-00 - 3 - Q o o o o o o LOAN AGREEMENT (CITY TO AGENCY) THIS AGREEMENT is entered into as of this day of , 1989, by and between the CITY OF SAN BERNARDINO (the "City") and the COMMUNITY DEVELOPMENT COMMISSION OF THE CITY CITY OF SAN BERNARDINO (the "Agency"). RECITALS A. WHEREAS, the Community Redevelopment Law (Health & Safety Code, Section 33610) authorizes the City to loan money to the Agency for administrative expenses and overhead of the Agency; and B. WHEREAS, the City and the Agency desire to engage in the study of the feasibility of the redevelopment of a potential redevelopment survey area including the Norton Air Force Base and its environs (the "Potential Survey Area"); and C. WHEREAS, if feasible, the redevelopment of the Potential Survey Area may proceed as a separate and distinct redevelopment project area or as an amendment to the Redevelopment Plan for the Southeast Industrial Park 4498n/C 05/11/89/2610-00 - 1 - o o o c o o o Redevelopment Project (the -Redevelopment Plan- and the -Existing Project-, respectively); and D. WHEREAS, the Agency and the City desire to facilitate the redevelopment of the Potential Survey Area consistent with the Redevelopment Plan; and E. WHEREAS, the Agency, pursuant to the Redevelopment Plan and provisions of the Community Redevelopment Law (Health & Safety Code Section 33000, et seq.) is authorized to' borrow funds to facilitate redevelopment; and F. WHEREAS, no other reasonable means of financing such administrative expense~ is available; NOW THEREFORE, the City and the Agency agree as follows: 1. The City agrees to loan Three Hundred Thousand Dollars ($300,000.00) to the Agency. The Agency shall, in consideration of such loan, be obligated to pay to the City the amount of Three Hundred Thousand Dollars ($300,000.00) (the -Loan Amount-), plus interest accruing at the lesser of (i) twelve percent (12\) or (ii) the maximum interest rate that may lawfully be paid by a redevelopment agency; provided that the City agrees and aCknowledges that such Loan Amount shall be 4498n/C 05/11/89/2610-00 - 2 - c o o o paid only from (i) tax allocation revenues of the Project and <:) (ii) such tax allocation revenues as may hereafter be generated within the Potential Survey Area and received by the Agency. The Agency shall have no obligation to make payment from any other revenues. 2. The obligations of the Agency pursuant to Section 1 of this Agreement shall constitute the indebtedness of the Project and such additional redevelopment project as may hereafter include the Potential Survey Area. The obligation of the Agency to make payments pursuant to this Agreement shall be subordinate and subject to Section 33334.2 of the Health & Safety Code and to the right of the Agency to pledge or commit tax allocations from the Potential Survey Area to repay bonds c:J or other indebtedness incurred by the Agency in carrying out the Redevelopment Plan (and such redevelopment plan as may hereafter become applicable to the Potential Survey Area). The Agency agrees to file statements of indebtedness setting forth such obligation until such time as the Loan Amount (together with accrued interest) has been paid in full. o 4498n/C 05/11/89/2610-00 - 3 - c. o o o o o o date first above shown. 3. The Agreement shall be effective as of the day and ATTEST: By: City Clerk Approved as to form and content: James F. Penman City Attorney City of San Bernardino By: Mayor The Community Development Commission of the City of San Bernardino By: Approved as to form and content: By: Dennis A. Barlow Agency Counsel 4498n/C 05/11/89/2610-00 - 4 - Executive Director o o o o o o o RESOLUTION NO. RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF A LOAN AGREEMENT WITH THE COMMUNITY DEVLOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO WHEREAS, pursuant to the Community Development Law of the State of California, (Health & Safety Code Section 33000, et seq.), the Redevelopment Agency of the City of San Bernardino (the .Agency.) is carrying out the Redevelopment Plan for the Southeast Industrial Park Redevelopment Project (the .Project Area.); and WHEREAS, the Agency is authorized to invest funds not immediately necessary for the implementation of the Redevlopment Plan; and WHEREAS, the Agency and the City desire to study the feasibility of the redevelopment of a potential redevelopment survey area including the Norton Air Force Base and its environs (the .potential Survey Area.); and WHEREAS, the redevelopment of the Potential Survey Area would address blighting influences within the vicinity of the Project Area and would sUbstantially benefit the Project Area and the community; and - 1 - 4492n/A 05/11/89-2601-00 o o o o WHEREAS, in order to effectuate the provisions of the <:) Redevelopment Plan, the Agency proposes to loan and the City proposes to borrow Three Hundred Thousand Dollars ($300,000.00) pursuant to that "Loan Agreement", a copy of which is attached hereto as Exhibit "A" and is incorporated herein by reference; NOW THEREFORE, the City of San Bernardino hereby resolves as follows: Section 1: The loan of funds pursuant to the Loan Agreement is in the best interest of the City and will promote the pUblic health, safety and welfare. o Section 2: The Mayor is hereby authorized to execute the Loan Agreement on behalf of the City. o 4492n/A 05/11/89-2601-00 - 2 - c o o o o o o I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Community Development Commission of the City of San Bernardino at a regular meeting thereof held on the day of . 1989 by the following vote. to wit: AYES: Commissioners NAYS: ABSENT or ABSTAIN City Clerk The foregoing resolution is hereby approved this day of . 1989. Evlyn Wilcox City of San Bernardino Approved as to form and legal content: James F. Penman City Attorney By: 4492n/A 05/11/89-2601-00 - 3 -