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RES-8439 Public Works Cooperation Agreement Relating to Construction of Public Parking LotRESOLUTION NO. 8439 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE, AUTHORIZING THE EXECUTION OF A PUBLIC WORKS COOPERATION AGREEMENT WITH THE ORANGE REDEVELOPMENT AGENCY, RELATING TO PROPERTY ACQUISITION, DESIGN, AND CONSTRUCTION OF A PUBLIC PARKING LOT IN AN AMOUNT NOT TO EXCEED 400,000 LOCATED IMMEDIATELY ACROSS THE RAILROAD TRACKS (WEST SIDE) FROM THE METROLlNK TRAIN STAtiON AT 184 NORTH ATCHISON STREET. WHEREAS, by Ordinance No. 37-84 adopted on November 20, 1984, amended by Ordinance No. 20-86 adopted on July 15, 1986, and amended by Ordinance No. 24-88 adopted on July 12, 1988, the City Council of the City of Orange adopted and approved a certain Redevelopment Plan (the "Redevelopment Plan") for the Southwest Project Area, ( the "Project");and,WHEREAS, pursuant to the Community Redevelopment Law of the State of California (Health and Safety Code Section 33000, et ~.), the Orange Redevelopment Agency (the "Agency") is carrying out the Redevelopment Plan for the Project in the redevelopment area (the " Project Area"); and,WHEREAS, in furtherance of the Project, the Agency and the City desire to enter into a Cooperation Agreement in the form attached hereto (the "Agreement") pursuant to which the City will cause to be an allocation of Four hundred thousand dollars ($400,000) in matching funds with the California Department of Transportation's Transit Capital Improvement Program for the property acquisition, design and construction of a public paring lot, ( the "Improvements") as described in Exhibit A attached to said Agreement, and the Agency will pay the City for certain costs of such Improvements as more particularly set forth in the Agreement and in accordance with that certain Cooperation Agreement dated August 18, 1983, between the City and the Agency, by periodic payments over a period of years; and,WHEREAS, the Improvements are of benefit to the Project Area in that they will enhance the area and contribute to the elimination of blight throughout the Project Area, and in the immediate neighborhoods in which the Project Area is located; and,WHEREAS, no other reasonable means of financing such Improvements are available to the community in that the cost of the Improvements exceeds the financial ability of the City to pay, no private sources of funding are available, and all state and federal grant alternatives NOW, THEREFORE, THE CITY OF ORANGE DOES HEREBY RESOLVE AS FOLLOWS: 1. The Agency hereby determines that the Improvements are of benefit to the Project Area and the immediate neighborhoods in which the Project Area is located and that no other reasonable means of financing such Improvements are available to the community except as provided in the Agreement, and hereby consents to the undertaking' of the Improvements in accordance with the Agreement. The determination that the Improvements will benefit the Project Area is based upon the fact that the Improvements will assist in providing substantial circulation, safety and appearance improvements which will enhance growth in the entire Project Area. 2. The Mayor is hereby authorized to execute the Agreement on behalf of the City. ADOPTED this 24th day of January 1995. l ATTEST: ity of Orange f the City of Orange I hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at their regular meeting thereof held on the 24th day of January, 1995, by the following vote: AYES: COUNCIL MEMBERS:MURPHY, BARRERA, MAYOR COONTZ, SPURGEON NOES: COUNCIL MEMBERS:NONE ABSENT: COUNCIL MEMBERS:NONE ABSTAIN: COUNCIL MEMBERS:SLATER 1JuvuY~~~ Marilyn J. Jensen ity k e City of Orange RESO. NO. 8439 Typed By: P. Then - DPW-TE File Name: R-8439 (Disk #6/8