RES-ORA-0251 Pertaining to Police Headquarters Reimbursement PaymentsORA RESOLUTION NO. 0251
A RESOLUTION OF THE ORANGE REDEVELOPMENT
AGENCY PERTAINING TO POLICE HEADQUARTERS
REIMBURSEMENT PAYMENTS.
i
WHEREAS, the city of Orange (the "city") and the Orange Redevelopment
Agency (the "Agency") have previously entered into those
certain Reimbursement Agreements dated as of August 1, 1989 for,
respectively, the Northwest Redevelopment project, the Southwest
Redevelopment Project, and the Tustin street Rede~
elopment Project, in each case pertaining to the undertaking by
t.he Agency to pay a portion of the City's lease payments for the
police Headquarters Facility (the "police Facility"); and WHEREAS,
pursuant to the Reimbursement Agreements, the city resE!
rved the right to direct the amount and timing of payment by each
respective project area of its reimbursement obligations,but
said reimbursement obligations d.o not commence until the F.Y.199~)-
96 and are reduced by the amount of any police Facility FeeB,
as defined in the Reimbursement Agreements; and WHEREAS,
the Agency and the cit:y have determined that it is nec.~
ssary for these reimbursement.s payments to begin in the 1992-93
lti'iscal Year, rather than in the 1995-96 Fiscal Year, and that
no offset for the amount of police Facility Fees heretofore or
herl:!after collected can be made at 1::he present time in light of
the city's financial circumstances; and
WHEREAS, the parties wish at this time to indicate their
mutual assent to this change in the schedule of reimbursements in
the Reimbursement Agreement for the Northwest Redevelopment
project and the Southwest Redevelopment Project (while
acknowledging the termination of the reimbursement obligations of
the Agency relative to the Tustin Street Project pursuant to
Resolution No. 8066 of the city adopted on the date hereof);
NOW, THEREFORE, THE ORANGE REDEVELOPMENT AGENCY DOES RESOLVE
AS FOLLOWS:
1. The foregoing recitals are true and correct.
2. The Agency's reimbursement obligations pursuant to the
Northwest Redevelopment Project and the Southwest Redevelopment
project shall be revised to reflect the commencement of these
pa)~ents in the 1992-93 Fiscal Year and each year thereafter,
all in accordance with the attached revised Exhibit B, Schedule
of
Reimbursejuents.
3. The Reimbursement Agreements for the Northwest
Redevelopment Project and the Southwest Redevelopment Project are
hereby amended to the extent of the changes to said agreements
set forth in this Resolution. No other reasonable means of
financing the police Facility exists and all previous findings of
the Agency and the City with respect thereto are hereby confirmed
and apprc~ed as though set forth in full.
4. For the Fiscal Year 1992-93 the reimbursement
payments shall be divided between the Northwest Redevelopment Project
and the Soutt~est Redevelopment Project as follows:
Northwest Redevelopment - $624,647.00: Southwest Redevelopment Project -624,
648,00.5.
This Resolution shall take effect immediately upon adoption .'
ADOPTED
this 13th day of 1992.ATTEST:
4Jzd'~
Q~Clerk,
Or ge ~de opment Agency I
hereby certify that the foregoing Resolution was duly and regularly
adopted by the Orange Redevelopment Agency at a regular meeting
thereof held on the 13th day of October 1992,
by the following vote:AYES:
AGENCY MEMBERS: STEINER, BARRERA, MAYOR BEYER, COONTZ, SPURGEON NOES:
AGENCY MEMBERS: NONE ABSEN~
r : AGENCY MEMBERS: NONE ABSTAIN:
AGENCY MEMBERS: NONE dJfr.
1 ~Clerk,
Or ge de ORA
Reso No.0251 2-SSH:dg