HomeMy WebLinkAbout2011-09-13; Housing & Redevelopment Commission; Resolution 5101 RESOLUTION NO. 510
2 A RESOLUTION OF THE HOUSING AND
REDEVELOPMENT COMMISSION OF THE CITY OF
3 CARLSBAD, AUTHORIZING THE EXECUTIVE DIRECTOR
OF THE REDEVELOPMENT AGENCY TO EXECUTE THE
REMITTANCE AGREEMENT BETWEEN THE CARLSBAD
5 REDEVELOPMENT AGENCY AND THE CITY OF
CARLSBAD
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WHEREAS, the City Council and the Housing and Redevelopment Commission
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at its joint meeting of August 23, 2011 introduced and approved Ordinance No. CS-156
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authorizing the City to participate in the alternative voluntary redevelopment program
!0 subject to certain conditions and reservations; and
11 WHEREAS, the Ordinance will not go into effect unless and until the California
12 Supreme Court dissolves the stay that it issued on August 11, 2011 and determines that
13 state legislation is constitutional and effective; and
WHEREAS, should that legislation go into effect, the Housing and
Redevelopment Commission authorizes the Executive Director of the Redevelopment
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Agency to execute the remittance agreement pursuant to California Health & Safety
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Code 34194.2.
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NOW, THEREFORE, BE IT RESOLVED by the Carlsbad Housing and
20 Redevelopment Commission as follows:
21 1. That the above recitations are true and correct.
22 2. That the Housing and Redevelopment Commission hereby authorizes the
23 Executive Director of the Redevelopment Agency to execute the remittance agreement
24 between the Redevelopment Agency and the City to transfer a portion of the
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Redevelopment Agency's tax increment to the City in an amount sufficient for the City to
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make the state required remittances to the county.
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1 PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the
2 Carlsbad Housing and Redevelopment Commission and Carlsbad City Council held on
3 the 13th day of September 2011, by the following vote to wit:
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AYES: Commission Members Hall, Kulchin, Blackburn, Douglas, Packard.
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NOES: None.
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ABSENT: None.8
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10 _, . -,MATT HALL, Chairman
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ATTEST:
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14 LISA HILDABRAND, Secretary
15 (SEAL)
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