R- 525ATTACHMENT S
Redevelopment Agency Meeting 6-24-1 d Santa Monica, California
RESOLUTION NUMSER 52$ (RAS)
(Redevelopment Agency Series)
RESOLUTION OF THE REDEVELOPMENT AGENCY CONSENTING TO
THE- USE OF AGENCY FUNDS FOR PAYMENT OF COSTS
ASSOCIATED.WiTH THE EXPOSITION LIGHT RAIL GREEN STREETS
PROJECT AND MAKING CERTAIN FINDINGS PURSUANT TO HEALTH
AND SAFETY CODE SECTION 33445
WHEREAS, the Redevelopment Agency of the City of Sanfa Monica (the
"Agency"} has prepared a Redeveiopmen# 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 "ProjecfArea~ to the Agency for the purposes of redevelopment; and
WHEREAS, the intent of the Redevelopment Plan is, in park, 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 is authorized pursuant to Section 33445(a) of the
California Community Redevelopment Law (Health & 5a#ety Code Section 33000 et
seg.) ("CRL"), with the consent of City Council {"Council") of the Gity, the Agency may
pay all or part of the cost of installation and construction of any building, facility,
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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 traffic operational analysis for the Exposition
Light Rail Green Streets project (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 with 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
$227,921 ($29,921 approved December 8, 2009 and $198,000 approved June 24,
2010); and
WHEREAS, the City and Agency have proposed to enter into a Cooperation
Agreement to provide a means of carrying out the Project; and
WHEREAS, all other legal prerequisites to the adoption of this resolution. have
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occurred.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
:SANTA MONICA DOES RESOLVE AS FOLLOWS:
SECTION 1. Based on substantial evidence in the record, the Agency 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 Agency hereby consents to the use of Agency funds from the
Project Area for the Project and other improvements for the Project.
SECTION 3. The Agency Executive Director is hereby authorized to execute the
Cooperation Agreement on behalf of the City. The Agency Executive Director is
authorized to take any action and execute any and all documents and agreements
necessary to implement that Agreement.
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SECTION 4. The Secretary of the Agency 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 241h day of June,
I, Maria M. Stewart, City Clerk of the City of Santa Monica, do hereby certify that
the foregoing Resolution No. 525 (RAS) was duly adopted at a joint meeting of the
Santa Monica City Council and the Redevelopment Agency held on the 22°d day: of
June, 2010, by the following vote:
Ayes: .Agency members: Bloom, Davis, Holbrook, McKeown, O'Day
Chair Shriner, Chair Pro Tem O'Connor
Noes:. Agency members: None
Abstain: Agency members: None
Absent: Agency members: None
ATTEST:
Maria M. Stewart, A ency Secretary