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R-10502ATTACHMENTA City Council Meeting 6-24-10 Santa Monica, California RESOLUTION NUMBER ~osoz {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 THE EXPOSITION LIGHT RAIL GREEN STREETS PROJECT AND MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445- WHEREAS, the Redevelopment Agency of fhe 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 Manisa Earthquake Recovery Redevelopment Project Area (the "Project Area"} to the Agency for the purposes of redevelopment; and WHEREAS, the ihtent 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 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; the Agency may 1 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 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 2 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 3 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: °-, r MAFt ~ ES O TRIE City Attor e 4 Adopted and approved this 24th day of June, j~ ~~ ~ < ~ ~`J"vt(~~: Bobby Shriver, Mayor I; Maria M. Stewart, City Clerk of the City of Santa Monica, do hereby certify that the foregoing Resolution No. 10502 (CCS) was duly adopted at a meeting of the Santa Monica City Council held on the 24th day of June, 2010, by the following vote: Ayes: Councilmembers: Bloom, Davis, Holbrook, McKeown, O'Day .Mayor Pro Tem O'Connor, Mayor Shriver Noes:. Councilmembers: None Abstain: Councilmembers: None Absent: Councilmembers: None ATTEST: Maria M. Stewart, Ci Clerk