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RES-8145 Authorizing Public Works Cooperation Agreement with Redevelopment AgencyRESOLUTION NO. 8145 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 PUBLIC IMPROVEMENTS, CONSTRUCTION OF IMPROVEMENTS, ORANGE METRO LINK SYSTEM, IN AN AMOUNT NOT TO EXCEED $400,000 LOCATED AT THE SANTA FE DEPOT SITE - 184 N. ATCHISON 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, ~ ~.), 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 City and the Agency 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 Orange County Transportation Authority for the construction of the Orange Metro Link System, (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 have been exhausted;NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ORANGE DOES HEREBY RESOLVE 1. The City 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 26th day of January 1993. ATTEST: Ju...-(~~ ant9 ();>~Clerk, City Or (/I hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the 26th day of January , 1993 by the following vote:AYES: COUNCIL MEMBERS: SPU(GEOU S.l'EH,ER HAYOR BEYER, BARRERA,COl' N'I'2.;NOES: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE ABSTAIN: COUNCIL MEMBERS: NONE 0jAV~ ~ H!{?~Clerk, City f Orang "7 RESO NO, 8145 mab: b:reso:metrolnk IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written. ArrEST:CITY OF ORANGE 1Ju.d~ fl-~-e/ City Clerk (/ By: ArrEST: tf~ By: