HomeMy WebLinkAboutRDA 95-091
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RESOLUTION NO. RDA 95-9
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF TUSTIN, CALIFORNIA, FINDING
THAT THE USE OF TAXES ALLOCATED FROM THE TOWN
CENTER PROJECT AREA FOR THE PURPOSE OF RELIEVING
THE FLOODING CONDITIONS ON IRVINE BOULEVARD OUTSIDE
THE PROJECT AREA WILL BE OF BENEFIT TO THE PROJECT
The Community Redevelopment Agency of the City of Tustin does hereby resolve as
follows:
WHEREAS, the Community Redevelopment Agency of the City of Tustin (the
"Agency") has adopted a Redevelopment Plan (the "Redevelopment Plan") for the Town
Center Project Area (the "Project"); and
WHEREAS,'-the Redevelopment Plan provides for the allocation of taxes from the
Project Area; and
WHEREAS, Section 33445 of the California Community Redevelopment Law
(Health and Safety Code Section 33000 et seq.) provides that such funds may be used
outside of a project area if a finding is made by resolution of the Agency and the City
Council that such use will be of benefit to the Project; and
WHEREAS, City of Tustin Capital Improvement Program funds are insufficient to
complete the project without additional Agency funds and that no other reasonable means
of financing the improvements are available to the Community; and
WHEREAS, the City of Tustin and the Agency have established Capital
Improvement Programs for the Town Center portion of the City, the boundary of which
includes areas located adjacent to but outside the Town Center Redevelopment Project area;
and
WHEREAS, the use of tax increment funds for implementation of the City's Capital
Improvement Program outside of the Project Area will directly benefit the areas within the
Project Area by relieving the flooding conditions on Irvine Boulevard.
NOW THEREFORE, the Community Redevelopment Agency of the City of Tustin
does hereby find and resolve as follows:
Section 1: The Agency hereby finds that the use of taxes from the Town Center
Project Area for the purpose of constructing storm drain improvements along Irvine
Boulevard to relieve flooding conditions within and outside the Project Area and within the
City of Tustin is of benefit to the Town Center Project Area.
ection 2: The Agency finds that no other reasonable means of financing such
buildings, facilities, structures or other improvements are available to the Community.
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PASSED AND ADOPTED at a regular meeting of the Redevelopment Agency held
on the 20th day of November, 1995.
Jim Pot ,
Redev opment Chairperson
ela Stoker
City Clerk
City of Tustin
REDEVELOPMENT AGENCY RESOLUTION CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF TUSTIN )
RESOLUTION NO. RDA. 95-9
Pamela Stoker, Recording Secretary of the Community Redevelopment Agency of
the City of Tustin, California, does hereby certify that the whole number
of the members of the Community Redevelopment Agency is five; that the
above and foregoing resolution was passed and adopted at a regular meeting
of the Tustin Community Redevelopment Agency held on the 20th day of
November, 1995, by the following vote:
AGENCY MEMBER AYES: Potts, Worley, Doyle, Saltarelli, Thomas
AGENCY MEMBER NOES: None
AGENCY MEMBER ABSTAINED: None
AGENCY MEMBER ABSENT: None