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HomeMy WebLinkAbout1991-10-22; City Council; Resolution 91-345*. b. 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 0 0 RESOLUTION NO. 91-345 A RESOLUTION OF THE CITY COUNCIL OF TEE CITY OF CARLSBAD, CALIFORNIA RESCINDING RESOLUTION NO, 90-385 AND DESIGNATING A REDEVELOPMENT SURVEY AREA AND AUTHORIZING LOAN TO AGENCY FROM THE CITY GENERAL FUND WHEREAS, the City Council of the City of Carlsbad, California has considered the requirement for designating a survey area for determining the feasibility of forming a redevelopment project area; and WHEREAS, the City Council finds that under Section 33312 of the California Health & Safety Code the designatinc of a survey area is permitted by the adoption of certain findings; and WHERE AS^ the City Council finds it necessary to loan the Agency up to, but not to exceed, $30,000 which will be paid back to the City with interest; and WHEREAS, the City Council finds it necessary to rescinc Resolution No.90-385. NOW8 THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad as follows: 1. 2. That the City Council Resolution No.90-385 is her That the above recitations are true and correct. by rescinded. 3. That the attached Exhibit 2 accurately represents the boundaries of the revised survey area, and it requires study to determine if a redevelopment project area is feasible. 4. That the loan to the Agency from the City General Fund in the amount of $30,000 is hereby approved. e \. 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 0 e 5. That the Finance Director is hereby authorized to transfer $30,000 from the City's unappropriated fund balancc to the Redevelopment Agency and establish a new account for the survey area. PASSED, APPROVED AND ADOPTED at a regular meeting of the City Council of the City of Carlsbad, held on the 22nd day of October to wit: I 1991, by the following vote, AYES: NOES: None ABSENT: None ABSTAIN: Council Member Stanto Council Members Lewis, Kulchin, Larson, and Nygaard ATTEST: L2A?ZiL$R- ALETHA L. RAUTENKRANZ, City Cgerk (SEAL) I 3 HCIIK OClA