R-10498ATTACHMENT B
City Council Meeting 6-22-10 Santa Monica, California
RESOLUTION NUMBER 10498 (CCS)
(City Council Series)
A RESOLUTION OF THE CITY COUNCIL.
OF THE CITY OF SANTA MONICA
CONSENTING TO THE USE OF REDEVELOPMENT AGENCY
FUNDS FOR PAYMENT OF COSTS ASSOCIATED WITH
THEPALISADES GARDEN WALK AND TOWN
SQUARE PROJECT AND MAKING CERTAIN FINDINGS
PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445
WHEREAS, the Redevelopment Agency of the City of Santa Monica. (the
"Agency') has prepared a Redevelopment Plan for the Santa Monica Earthquake
Recovery Redevelopment Project (the "Redevelopment Plan") which would result
in the allocation of taxes from the -Santa Monica Earthquake Recovery
Redevelopment Project Area (the "Project Area") to the Agency for the purposes
of redevelopment; and
WHEREAS, the intent of the Redevelopment Plan is, in part, to provide for
and facilitate the repair, restoration and/or replacement of facilities damaged as a
result of a 1994 Northridge Earthquake; and
WHEREAS, the Agency owns the land under which the Palisades Garden
Walk and Town Square Project will be constructed and is authorized pursuant to
Section 33445(a) of the .California Community Redevelopment Law (Health &
Safety Code
Section 33000 et seq.) ("CRL"), with the consent of City Council ("Council") of the City,
to pay all or part of-the cost of installation and construction of any building, facility,
structure or other improvements which is publicly owned either within or outside a
project area, if the City Council makes certain determinations; and
WHEREAS, the Agency wishes to delegate to the City of Santa Monica (the
"City") the Agency's authority to carry out the design and preparation of the construction
bid documents for the Palisades Garden Walk and Town Square (the "Project") and the
City wishes to accept that delegation, pursuant to Section 33205 of the Health and
Safety Code; and
WHEREAS, the Project is of benefit to the Project Area and the immediate
neighborhood in which the Project is located; and
WHEREAS, since there are no reasonable -means available to the City to
complete the financing for the design of the Project; and
WHEREAS, the improvements of the Project are consistent vvith the Agency's
Five-Year Implementation Plan in that it helps achieve the Community Revitalization
goals as set forth in the Implementation Plan; and
WHEREAS, the Agency wishes to fund the Project with funds from the Santa
Monica Earthquake Recovery Redevelopment Project for an amount not to exceed
$3,200,000; and
WHEREAS, the City and Agency have proposed to enter into a Cooperation
Agreement to provide a means of carrying out the Project; and
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WHEREAS, all other legal prerequisites to the adoption of this resolution have
occurred.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA
DOES RESOLVE AS FOLLOWS:
SECTION 1. Based on substantial evidence in the record, the City Council
hereby finds and determines:
(1) that the foregoing recitals are true and correct;
(2) that the Project is of benefit to the Project Area;
(3) that there are no other reasonable means available other than that to be
set forth in the Cooperation Agreement to Finance the Project;
(4) that the payment of funds for the Project will assist in the recovery from
and the elimination of one or more of the conditions resulting from the 1994 Northridge
Earthquake disaster; and
(5) that the Project is consistent with the implementation plan adopted
pursuant to Section 33490 of the California Redevelopment Law.
SECTION 2. The City hereby consents to the use of Agency funds from the
Project Area for the Project and other improvements for the Project.
SECTION 3. The City Manager is hereby authorized to execute the Cooperation
Agreement on behalf of the City. The City Manager is authorized to take any action and
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execute any and all documents and agreements necessary to implement that
Agreement.
SECTION 4. 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:
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Adopted and approved this 22"d day of June,
,,
Mayor
1, Maria Stewart, City Clerk of the City of Santa Monica, do hereby certify that the
foregoing Resolution No. 10498 (CCS) was duly adopted at a meeting of the Santa
Monica City Council held on the 22"d day of June, 2010, by the foNowing-vote:
Ayes: Councilmembers: Bloom, Holbrook, Davis, McKeown
Mayor Pro Tem O'Connor, Mayor Shriver
Noes: Councilmembers: None
Abstain: Councilmembers: None
Absent: Councilmembers: O'Day
ATTEST:
13-xt_.~ o.~~
Maria M. Stewart, Ci Clerk