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HomeMy WebLinkAboutReso 51-2008RESOLUTION NO. 51-2008 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNL~ A RESOLUTION APPROVING THE DOWNTOWN IMPROVEMENT PROGRAM AND AUTHORIZING FUNDING FOR IMPLEMENTATION OF FAZE 1 FOR $75,000 FROM THE 2007-2008 REDEVELOPMENT AGENCY OPERATING BUDGET WHEREAS, on July 12, 1989, the City Council adopted Ordinance No. 1056-89, approving the Downtown/Central Redevelopment Plan including the South San Francisco Downtown Project Area ("Project Area"); and WHEREAS, pursuant to California Community Redevelopment Law (Health and Safety Code Section 33000 et. seq.) (the "Redevelopment Law"), the Redevelopment Agency ("Agency") is authorized to engage in redevelopment activities that alleviate blighting conditions within the Project Area and that primarily benefit the Project Area, within the territorial jurisdiction of the .Agency; and WHEREAS, at a study session on September 7, 2007, the City Council considered long-term development strategies and urban design ideas for the Project Area; and WHEREAS, pursuant to Redevelopment Law Section 33445, a redevelopment agency may, with the consent of the legislative body, pay for the cost of the construction of improvements that are publicly owned if the legislative body determines all of the following: 1. That the improvements are of benefit to the prof ect area or the immediate neighborhood in which the project is located; and 2. That no other reasonable means of financing the improvements is available to the community; and 3. That the payment of funds for the cost of improvements will assist in the elimination of one or more blighting conditions inside the project area, and will be consistent with the implementation plan adopted by the redevelopment agency; and WHEREAS, the costs of the Project were approved in the Agency's current FY budget; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the C ty of South San Francisco as follows: Section 1. The City Council hereby finds that (i) the expenditure of tax increment funds to undertake the Project as set forth in this Resolution and. the implementation plan heretofore adopted by the Agency for the Project Area (the "Implementation Plan") will be of benefit to the Project Area, (ii) no other reasonable means of financing the Project is reasonably available, (iii) completion of the Proj ect will eliminate blighting conditions in the Project Area; and (iv) completion of the Proj ect is consistent with the Implementation Plan. Section 2. The City Council hereby authorizes the Agency to expend tax increment funds in an amount not to exceed $75,000 for Phase I, and authorizes the Agency to execute and implement the Program. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 14th clay of May 2008 by the following vote: AYES: Councilmembers Mark N Addie~o Richard A. Garbarino, Kevin Mullin Mayor Pro Tem Karyl Matsumoto and Mayor Pedro Gonzalez NOES: ABSTAIN: ABSENT: N A