HomeMy WebLinkAbout20 ACQUISITION OF PROP 11-20-95NO. 20
11-20-95
DATE:
NOVEMBER 20~ 1995
Inter-Corn
TO: WILLIAM HUSTON, CITY MANAGER
FROM: COMMUNITY DEVELOPMENT DEPARTMENT
SUBJECT: FINDING OF BENEFIT FOR USE OF AGENCY FUNDS FOR
ACQUISITION AND REHABILITATION AT 14722 NEWPORT AVENUE
RECOMMENDATION
It is recommended that the City Council approve Resolutio~ No. 95-
122 making a finding of benefit to permit South Central tax
increment funds to be used outside of the Project Area for the
purpose of acquisition and rehabilitation at 14722 Newport Avenue
for development of a youth center.
FISCAL IMPACT
See Redevelopment Agency Agenda Item No. 2.
BACKGROUND/DISCUSSION
See attached Agency report on the Purchase of Property at 14722
Newport Avenue.
Christine -Shi~eton
Assistant Cit~ Manager
CAS: br: fndsyout, cc
i RESOLUTION NO. 95-122
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TUSTIN, CALIFORNIA, FINDING THAT THE USE OF
TAXES ALLOCATED FROM THE SOUTH CENTRAL PROJECT
AREA FOR THE PURPOSE OF ACQUIRING PROPERTY AND.
UNDERTAKING REHABILITATION ACTIVITIES AT 14722
NEWPORT AVENUE WILL BE OF' BENEFIT TO THE
PROJECT.
The City Council 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 South Central
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 Health and Safety Code
provides that Redevelopment tax increment funds may be
used outside of a project area if a finding is made by
the Agency and the City Council that such use will be of
benefit to the adjacent Project Area and there are no
other reasonable means of financing the acquisition and
cost of improvements; and
WHEREAS, the City of Tustin has determined that
development of a youth center would benefit the
Southwesterly portion of the City, the boundary of which
includes residential target areas located immediately
adjacent to but outside the South Central Redevelopment
Project Area; and
WHEREAS, the South Central Redevelopment Project
Area and Five Year South Central Project implementation
authorizes the upgrading of substandard public
infrastructure systems and public facilities and the
installation and construction of new public improvements
to meet the requirements of existing and new development
in the South Central Project Area.
WHEREAS, the South Central Five Year Implementation
Plan specifically recommended a program .to provide
recreation facilities to benefit children, young adults
and families in the South Central Project Area.
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Resolution No. 95-122
Page 2·
NOW, THEREFORE, the City Council of the City of Tustin
does hereby find and resolve as follows:
Section 1: The City Council hereby finds that the
use of taxes allocated from the South Central Project
Area to be used outside the 'boundaries of the Project
Area for the purpose of acquisition and rehabilitation
activities at 14722 Newport Avenue for development of a
youth center will be of direct benefit to the South
Central Project Area and that no other reasonable means
of financing for said project are available in the
Community.
PASSED AND ADOPTED at a regular meeting of the City
Council held on the 20th day of November 1995.
Jim Potts
Mayor
Pamela Stoker
City Clerk
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF TUSTIN )
SS
CERTIFICATION FOR CITY- COUNCIL RESOLUTION NO. 95-122
PAMELA STOKER, City Clerk and ex-officio Clerk of the
City Council of the City of Tustin, California. does
hereby certify that the whole number of the numbers of
the City Council of the City of Tustin is 5; that the
above and foregoing Resolution No. 95-122 was duly and
regularly introduced, passed and adopted at a regular
meeting of the City Council held on the 20th day of
November, 1995, by the following vote:
COUNCILMEMBER AYES:
COUNCILMEMBER NOES:
COUNCILMEMBER ABSTAINED:
COUNCILMEMBER ABSENT:
O0: 81~ \cc resos \95 - 10. cs
PAMELA STOKER
City Clerk