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R-9831 Agency Meeting: January 28, 2003 Santa Monica, CA RESOLUTION NUMBER 9831 (CCS) (City Council Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA APPROVING A REIMBURSEMENT AGREEMENT, CONSENTING TO THE USE OF SANTA MONICA REDEVELOPMENT AGENCY FUNDS FOR THE SANTA MONICA MAIN LIBRARY SUPPLEMENTAL PUBLIC PARKING PROJECT AND MAKING CERTAIN DETERMINATIONS AND FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445 WHEREAS, the Redevelopment Agency of the City of Santa Monica (the "Agency") has adopted a Redevelopment Plan for the Santa Monica Earthquake Recovery Redevelopment Project (the "Redevelopment Plan") which results in the allocation of taxes from the Project Area to the Agency for the purposes of redevelopment; and WHEREAS, the Agency proposes to assist with the cost of construction of the Supplemental Parking Facility (the "Project"), which is located within the Santa Monica Earthquake Recovery Redevelopment Project, and which will be publicly-owned although not by the Agency; and WHEREAS, in order to facilitate the Project, the City and Agency have prepared a Reimbursement Agreement which provides for reimbursement by the Agency to the City of the Agency's portion of the costs of the Project; and 1 WH'EREAS. Section 33445(8)," the Health .. Saftdy Code authorizes a redevelopment agency to pay all or part of the cost of installation and construction of any.publ~ owned impnMment with '. eonsentofthe legisldve body if the ~ and legislative body make specified findings. NOW. l'tEAEF... ltEcrri'OOUNCILaPTHI 0I1Y Of SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. The City Council hereby finds and determine that: (1) the proposed Project is of benefit to the Project Area; (2) no reasonable means of financing the Project other than that set forth in the Reimbursement Agreement is available to the community; (3) the payment of funds for the Project will assist the recovery from, and the elimination of one or more of the conditions resulting from, the 1994 Northridge Earthquake disaster; (4) the payment of funds for the Project will assist in elimination of one or more blighting conditions inside the Project Area by assisting in the elimination of one or more of the conditions resulting from the 1994 Northridge Earthquake disaster; and (5) the Project is consistent with the implementation plan adopted pursuant to Section 33490. 2 SECTION 2. The City Council hereby consents to the use of Santa Monica Redevelopment Agency funds for the Santa Monica Main Library Supplemental Public Parking Project. The City Council hereby approves the Reimbursement Agreement in substantially the form presented to the City Council. The City Manager is hereby authorized to execute the Reimbursement Agreement on behalf of the City, together with such non-substantive changes and amendments as may be approved by the City Manager and City Attorney. The City Manager is authorized to take any action and execute any and all documents and agreements necessary to implement the Reimbursement Agreement. SECTION 3. The City Clerk shall certify the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM , "1J.'i1! 'r' ~ .:~~ "r" ~.;'1 'I ~ ~ ',,'~\'tJ. "i~~ '''-r'''' . ~ .f, IrrrJ.:... Ii. ~:'('";I,l ~'.,P~~ ::~~/l.~,~' ',.~;~i ii~)' J1/ i;' 'J '. ~-;:i~ . h~/~~:;~;.-..:'~t~;<;ti~f r~~J"':~::.; !L' ~~ A::< ~ If' ., ., "', ~ ,.. ~I L ~ ."~. '.. 'iM' ~ ~,. ~ . . '" <.:.;.r-.,. ,,.-<~~,~~(l,.r-;,' S?~~~jlr-.;.;::.-=:-..;t~I~i'":. . ~.: ~.7 i:.~ ~.:~~)iD.:i / ...-.. 3 Adopted and approved this 28th day of January, 2003. ~~~ 'W .' . _ __. " Richard Bloom, Mayor I, Maria M. Stewart, City Clerk of the City of Santa Monica, do hereby certify that the foregoing Resolution No. 9831 (CCS) was duly adopted at a meeting of the Santa Monica City Council held on the 28th of January, 2003, by the following vote: Ayes: Council members: O'Connor, Holbrook, Genser, Katz, Mayor Pro Tem McKeown, Feinstein, Mayor Bloom Noes: Council members: Abstain: Council members: Absent: Council members: Maria M. Stewart, C