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HomeMy WebLinkAbout2011-02-08; City Council; Resolution 2011-0201 RESOLUTION NO. 2011 -020 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING AMENDMENTS 3 TO THE COOPERATION AGREEMENT BETWEEN THE 4 CITY OF CARLSBAD AND THE CARLSBAD HOUSING AND REDEVELOPMENT COMMISSION FOR 5 REIMBURSEMENT OF ADMINISTRATIVE COSTS AND PROVISION OF FINANCIAL ASSISTANCE FOR 6 IMPLEMENTATION OF REDEVELOPMENT ACTIVITIES. WHEREAS, the City of Carlsbad and the Housing and Redevelopment Commission previously entered into a cooperative agreement to set forth the 10 relationships between the City and the Commission which was adopted on February 8, 11 1980 for the purposes of implementing redevelopment activities within the City of 12 Carlsbad; and 13 WHEREAS, the City of Carlsbad and the Housing and Redevelopment 14 Commission desire to continue their relationships as set forth in the previously approved 15 Cooperative Agreement, as amended from time to time, for the completion of 16 redevelopment implementation activities for both the Village and South Carlsbad 17 Coastal Redevelopment Project areas during and following expiration of the 18 effectiveness dates for both areas; and 20 WHEREAS, the City of Carlsbad has previously agreed, and agrees to continue, 21 to provide the Housing and Redevelopment Commission, on behalf of the Carlsbad 22 Redevelopment Agency, access to staff and other administrative services and facilities 23 of the City, and to provide financial assistance provided in the forms of advances and loans, as needed, to complete redevelopment activities and/or projects identified for 25 both redevelopment project areas; and 26 WHEREAS, the City of Carlsbad and Housing and Redevelopment Commission 27 have a need to amend and update their cooperative agreement as related to the 28 1 establishment of an Administrative Fund with funds appropriated by the City of Carlsbad 2 as a loan to be repaid by the Housing and Redevelopment Commission as funds are 3 available, and to establish a Revolving Fund for the purposes of depositing any loan 4 proceeds provided by the City to the Commission for continuing redevelopment 5 activities. 6 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of 7 Carlsbad, California, as follows: 9 1 . That the above recitations are true and correct. 10 2. The City Council does hereby approve the amended Cooperation Agreement 1 1 between the City of Carlsbad and the Carlsbad Housing and Redevelopment 17 Commission for the provision of staff services and facilities and/or other 13 resources, as necessary, and to reconfirm the reimbursement of 14 administrative costs and provision of financial assistance for continued 15 implementation of redevelopment activities in the Village and South Carlsbad 16 Coastal Redevelopment Areas, including any activities agreed upon following 18 expiration of said redevelopment plans as allowed per redevelopment law in 19 effect as of January 1, 2011. 20 3. The Mayor is hereby authorized to execute said amended Cooperation 21 Agreement in substantially the form approved by the City Council and with 22 prior approval of the City Attorney. 23 24 // 25 // 26 27 " 28 5 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the Carlsbad City Council and Carlsbad Housing and Redevelopment Commission held on the 8th day of February, 2011, by the following vote to wit: AYES: Council Members Hall, Kulchin, Blackburn, Douglas and Packard. NOES: None. ABSENT: None. MATT HALL, Mayor NE M. WOOD, City Clerk