HomeMy WebLinkAbout2010-04-27; Housing & Redevelopment Commission; Resolution 4861 RESOLUTION NO. 486
2 A RESOLUTION OF THE HOUSING AND
REDEVELOPMENT COMMISSION OF THE CITY OF
3 CARLSBAD, CALIFORNIA, ACCEPTING A LOAN FROM
4 THE CITY COUNCIL IN THE AMOUNT OF $1.5 MILLION
FOR FUNDS ADVANCED FOR IMPLEMENTATION OF
5 THE SCCRA PLAN RELATED TO ALL LEGAL COSTS AND
OTHER RELATED ACTIONS TO RESPOND TO, AND
6 ESTABLISH OPPOSITION TO, THE APPLICATION
SUBMITTED TO THE CALIFORNIA ENERGY
7 COMMISSION FOR A NEW POWER PLANT ON
PROPERTY WITHIN THE SCCRA.
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9 WHEREAS, in 2007, NRG submitted an application to the California Energy
10 Commission to build a new power plant on the existing power plant property with no
11 guarantees that the existing power plant would be decommissioned and demolished;
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13 WHEREAS, the site of the new proposed as well as the existing power plant is
14 located on property within the boundaries of the South Carlsbad Coastal
15 Redevelopment Area (SCCRA); and
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WHEREAS, the proposed new power plant is not supported by the Housing and
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Redevelopment Commission because it will not eliminate the existing blighting
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conditions (for the existing plant) and new blighting conditions will be created if the
20 proposed plant is constructed on said site; and
21 WHEREAS, the initial and subsequent legal and other related costs to respond
22 to, and/or establish a defense against, the application submitted by NRG to the
23 California Energy Commission for said new power plant shall be paid for by the
Carlsbad Redevelopment Agency with funds loaned to said Agency from the City of
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Carlsbad pursuant to a Cooperative Agreement approved by the Council and
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Commission on August 7, 2001; and
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1 WHEREAS, implementation activities by the Carlsbad Redevelopment Agency to
2 eliminate blight and blighting conditions as related to the power plant property and to
3 participate in future redevelopment of said site are consistent with the SCCRA Five-
4 Year Implementation Plan approved by the Housing and Redevelopment Commission in
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2005;
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WHEREAS, the City Council has approved advances to the Carlsbad
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Redevelopment Agency to cover said costs for said opposition to the application for the
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9 subject power plant project, and desires to provide these advanced funds in the form of
10 a loan to the Housing and Redevelopment Commission which shall become a debt of
11 the Carlsbad Redevelopment Agency for implementation of the SCCRA Plan.
12 NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment
13 Commission of the City of Carlsbad, California, as follows:
14 1. That the above recitations are true and correct.
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2. That the Finance Director is authorized to accept a loan from the City Council
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in the amount of $1.5 million on behalf of the Carlsbad Redevelopment
18 Agency for fund advances and other approved appropriations for initial and
19 subsequent costs related to implementation activities within the South
20 Carlsbad Coastal Redevelopment Area related to the opposition to the
21 application submitted to the California Energy Commission for a new power
22 plant on property within the South Carlsbad Coastal Redevelopment Area.
23 3. That the Finance Director is authorized to advance said funds for the noted
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costs related to the defense against the proposed power plant project.
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1 4. That said loan from the City Council to the Housing and Redevelopment
2 Commission for said implementation costs for the South Carlsbad Coastal
Redevelopment Area shall constitute an indebtedness of the Housing and
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Redevelopment Commission and shall be repaid according to the terms of the
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Cooperative Agreement approved by the Council and Commission on August
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7,2001.7
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1 PASSED, APPROVED AND ADOPTED at a Special Meeting of the Housing and
2 Redevelopment Commission of the City of Carlsbad on the 27th day of April, 2010, by
3 the following vote, to wit:
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5 AYES: Commissioners Kulchin, Hall, Packard, Blackburn
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NOES: None
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ABSENT: Commissioner Lewis8
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CLAUDE A. 1/eWlS, CHAIRMAN
12 Ann J. Kulchin, Vice-Chair
13 ATTEST:
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16 LIS'A HILDABRAND, SECRETARY
(SEAL)
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18 ,.15 £ £: ESTABLISHED \| t-
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