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HomeMy WebLinkAboutRedevelopment Agency - 160 REs. No. 5 U 0 RESOLUTION NO. 160 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AUTHORIZING EXECUTION OF THE AGREEMENT FOR REIMBURSEMENT OF PUBLIC IMPROVEMENT COSTS BETWEEN THE CITY OF HUNTINGTON BEACH AND THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH WHEREAS, California Health and Safety Code Section 33445 provides authority for the Agency to reimburse the City for the cost of public improvements which are of benefit to the Project Area and for which no other reasonable means of financing is available; and The City has entered into an agreement with the Foxhills Trailer Park dated August 15, 1988, wherein the City agreed to pay certain acquisition, improvement and relocation costs pursuant to the proposed improvements to Walnut Street; NOW, THEREFORE, the Redevelopment Agency of the City of Huntington Beach does resolve as follows : SECTION 1 . The proposed improvements to Walnut Street as set out in the Foxhills Trailer Park Agreement dated August 15, 1988 , are of benefit to the main Pier Project Area and necessary to effectuate that certain Disposition and Development Agreement between the Agency and Robert L . Mayer, as Trustee of the Robert L . Mayer Trust of 1982 dated June 22 , 1982, as amended, and there is no other reasonable method of financing the Walnut Street improvements . SECTION 2 . The Chairman of the Redevelopment Agency of the City of Huntington Beach is hereby authorized to execute the Agreement for Reimbursement between the City of Huntington Beach and the Redevelopment Agency of the City of Huntington Beach dated as of September 6 , 1988 (the "Agreement" ) . _1_ 160 SECTION 3 . The Executive Director of the Redevelopment Agency of the City of Huntington Beach is hereby authorized to take whatever actions are necessary to comply with the terms of the Agreement . PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 19th day of September , 1988 . Ul/ Chairman ATTEST: APPROVED AS TO FORM: 6*w� Agency Clerk Agency Attorn y yN 0 R N OVED: I TIATED ND AP PR Execu iv Directo Duty ity Administrator/ Direc o , Community Development -2- 160 Res. No. 160 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF HUNTINGTON BEACH) I, CONNIE BROCKWAY, Clerk of the Redevelopment Agency of the City of Huntington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of Huntington Beach at a meeting of said Redevelopment Agency held on the 19th day of September 19_B&, and that it was so adopted by the following vote: AYES: Members: Kelly, Green, Finley, Erskine.�M ys, WinrhP11 , Bannister NOES: Members: None ABSENT: Members: None op erk of the Redevelopment cy of the City of Huntington Beach, Ca. 160