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HomeMy WebLinkAboutResolutions 88-334 N.C.S. 09/19/1988.~. f ~ ,~~ 88-334 Resolution No. N C.S. of the City of Petaluma, California RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PETALUMA, CALIFORNIA MAKING CERTAIN FINDINGS AND DETERMINATIONS AND APPROVING A CERTAIN FISCAL IMPACT AGREEMENT BY AND AMONG THE PETALUMA COMMUNITY DEVELOPMENT COMMISSION, THE CITY OF PETALUMA, CALIFORNIA, THE SONOMA COUNTY LIBRARY AND THE COUNTY OF SONOMA PURSUANT TO HEALTH AND SAFETY CODE SECTION 33401 (PETALUMA COMMUNITY DEVELOPMENT PROJECT) WHEREAS, the Petaluma Community Development Commission (the "Commission") and the City of Petaluma, California (the "City"), have approved and adopted the Redevelopment Plan for the Petaluma Community Development Project pursuant to a duly adopted City Ordinance (the "Redevelopment Plan"); and WHEREAS, the Commission, the City, the Sonoma County Library (the "Library") and the County of Sonoma (the "County") deem it advisable that an agreement as on file with the City Clerk and incorporated herein by this reference (the "Agreement") be entered into in accordance with the provisions of Health and Safety Code Section 33401 by-and among the Commission, the City, the Library and the County with respect to the use of the tax increment revenues to be generated within the redevelopment project area of the Commission known as the Petaluma Community Development Project (the "Project Area"); and ~~ Page 1 of 4 Fz~~s. n~.....88.-334....... N.c.s. ,, WHEREAS, in accordance with Health and Safety Code Section 33401 the Commission may pay to any taxing agency with territory located within the Project Area any amounts of money which the Commission has found are necessary and appropriate to alleviate any financial burden or detriment to any such taxing agency which is caused by the Redevelopment Plan; and WHEREAS, the County and the Library have presented the Commission with satisfactory evidence that as a result of redevelopment of the Project Area, the County and the Library shall. experience a financial burden or detriment, and that the Agreement is necessary to relieve said financial burden or detriment; and WHEREAS, as a result of the redevelopment of the Project Area the County and the Library will be required to provide upgraded facilities and services; and WHEREAS, the County and the Library have requested the Commission and the City to relieve said financial burden or detriment pursuant to the terms of the Agreement; and WHEREAS, the County and the Library are desirous of cooperating with the Commission and the City so that the Redevelopment Plan may be implemented and the County and the Library will pass to the Commission one hundred percent (100%) of their allocation of certain tax increment revenues attributable to that portion of the Project Area within the boundaries of the City for the first five (5) years Page 2 of 4 R.3~-334NCS of the Redevelopment Plan and thereafter the County and the Library will pass to the Commission four percent (4%) of its allocation of certain tax increment revenues attributable to that portion of the Project Area within the boundaries of the City for the remaining duration of the Redevelopment Plan pursuant to Health and Safety Code Section 33670. NOW, THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF PETALUMA, CALIFORNIA, AS FOLLOWS: Section 1. The above recitals and each of them, are true and correct and the action taken pursuant to this Resolution is based upon the facts stated in said recitals. Section 2. With respect to the financial burden which will be experienced by the County and the Library, the Commission has made certain findings and determinations in accordance with Health and Safety Code Section 33401. The City Council of the City of Petaluma, California (the "City Council") hereby concurs in said findings and determinations of the Commission with respect to the adverse impacts and financial burden affecting the County and the Library and incorporates them by this reference. Section 3. The City Council hereby finds and determines that the Agreement has been prepared in accordance with the provisions of Health and Safety Code Section 33401, as amended by Stats. 1983, c. 1324, and hereby approves said Agreement as on file with the City Clerk. Pursuant to the request of the Commission, the City Page 3 of 4 X0.88°334NCS s.. Council hereby approves and authorizes the execution of said Agreement. The Mayor of the City and City Clerk are hereby expressly authorized and directed, notwithstanding any other policy of the City to the contrary, to execute said Agreement upon adoption of this Resolution. Section 4. This Resolution shall take effect upon adoption. PET00002-48/0323P Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the A ov d as to Council of the City of Petaluma at a (Regular) (Xti~l~ meeting rm on the ..-._.-..--19th -, day of ....September-•-•••••-•••••••••• 88 ............. 19..-...-., by the following vote: •.•- - ---• •--•---...--•------------------ City Attorney AYES: Cavanagh, Tencer, Sobel., Woolsey, ®ice Mayor Davis NOES: None ABSENT: B sha or Hillig ss ATTEST : ................... . - .. ... ...-.....p~~~....4.....o f ~ . City Clerk ~ Council File ............................... CA io-s5 ReS. rvo...$.8.-.334......... v.cs.