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HomeMy WebLinkAbout2001-08-07; City Council; Resolution 2001-2441 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 CITY COUNCIL RESOLUTION NO. 2001-244 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING A COOPERATION AGREEMENT BETWEEN THE CITY OF CARLSBAD AND THE CARLSBAD HOUSING AND REDEVELOPMENT COMMISSION FOR REIMBURSEMENT OF ADMINISTRATIVE COSTS AND PROVISION OF FINANCIAL ASSISTANCE FOR IMPLEMENTATION OF REDEVELOPMENT ACTIVITIES. WHEREAS, the City Council of the City of Carlsbad activated the Housing and Redevelopment Commission on October 16, 1979 and declared itself to constitute the Commission for the purposes of implementing redevelopment activities within the City of Carlsbad; and, WHEREAS, the City of Carlsbad and the Housing and Redevelopment Commission previously entered into a cooperative agreement to set forth the relationships between the City and the Commission which was adopted on February 8, 1980 for the purposes of implementing redevelopment activities within the City of Carlsbad; and, WHEREAS, the City and the Housing and Redevelopment Commission desire to continue their relationship as set forth in the previously approved Cooperative Agreement for the implementation of sctivities in both the Village Redevelopment Area and the South Carlsbad Coastal Redevelopment Area; md WHEREAS, pursuant to the Community Redevelopment Law and previously approved Cooperative Agreement, the Housing and Redevelopment Commission is performing a public function of the City of Carlsbad and may have access to staff and other administrative services and facilities of the City, and may accept financial assistance from the City; and, WHEREAS, the City of Carlsbad and Housing and Redevelopment Commission have a need to set forth their agreement related to the establishment of an Administrative Fund with funds appropriated by the City of Carlsbad as a loan to be repaid as funds are available to the Housing and Redevelopment Commission for such purposes, and to establish a Revolving Fund for the purposes of depositing any loan proceeds provided by the City to the Commission for redevelopment activities. 1 3 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 NOW, THEREFORE, BE IT RESOLVED by the Carlsbad City Council, as follows: 1. That the above recitations are true and correct. 2. The City Council does hereby approve the Cooperation Agreement between the City of Carlsbad and the Carlsbad Housing and Redevelopment Commission for reimbursement of administrative costs and provision of financial assistance for implementation of redevelopment activities in both the Village Redevelopment Area and the South Carlsbad Coastal Redevelopment Area. 3. The Mayor is hereby authorized to execute said Cooperation Agreement in substantially the form approved by the City Council and with prior approval by the City Attorney. PASSED, APPROVED AND ADOPTED by the Carlsbad City Council at a regular meeting held on the 7th dayof Auqust ,2001, by the following vote to wit: AYES: Council Members Lewis, Kulchin, Nygaard and Hall. NOES: None. ABSTAIN: None. ABSENT: Council Member Finnila. CC Resolution No. 2001-244 2