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CRA - 118RESOLUTION NO. CRA-118 A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY APPROVING THE AGENCY'S USE OF AGENCY FUNDS FOR PART OF THE COST OF THE INSTALLATION AND CONSTRUCTION OF PUBLICLY OWNED IMPROVEMENTS TO THE CYPRESS CIVIC CENTER AND CYPRESS COMMUNITY CENTER WHEREAS, the Cypress Redevelopment Agency ("Agency") is a public body, corporate and politic, organized and existing under the California Community Redevelopment Law (Health & Safety Code § 33000 et seq.); and WHEREAS, the Agency and the City Council of the City of Cypress ("City" or "City Council," as appropriate), in accordance with all applicable law, previously adopted the Redevelopment Plans for the Civic Center, Lincoln Avenue, and Los Alamitos Race Track and Golf Course Redevelopment Project Areas ("Project Areas"); and WHEREAS, the California Community Redevelopment Law, at Health and Safety Code Section 33445 requires that before the Agency may pay for all or part of the value of the land for and the cost of the installation and construction of publicly owned improvements, whether inside or outside a redevelopment project area, the Agency and the City Council must each adopt a resolution making certain findings; and WHEREAS, the California Community Redevelopment Law, at Health and Safety Code Section 33679, further requires that if the publicly owned improvement to be funded with Agency funds is a publicly owned building, and the Agency's funds for such purpose are tax increment funds the Agency receives pursuant to Health and Safety Code Section 33670, the Agency and City Council must, prior to adopting the resolutions referred to in the preceding Recital, hold a duly noticed joint public hearing in connection with the proposed use of Agency funds for such purpose and in connection therewith have prepared a report summarizing (i) the estimated amounts of such tax increment funds to be used for such purpose, (ii) the facts supporting the findings required to be made pursuant to Health and Safety Code Section 33445 as referred to in the previous Recital, and (iii) setting for the redevelopment purpose for which such funds are being used to pay for such purpose (the "Summary Report"); and WHEREAS, the Agency and City Council, in compliance with Health and Safety Code Section 33679, duly noticed a joint public hearing on the matter of the use of Agency funds for payment for the cost of the installation and construction of publicly owned improvements for the Cypress Civic Center and the Cypress Community Center; and WHEREAS, the Summary Report was duly and timely prepared and made available for public review, inspection, and copying in compliance with Health and Safety Code Section 33679; and WHEREAS, on April 25, 2005, the Agency and City Council held its duly noticed joint public hearing on the matter of the Agency's payment for part of the Civic Center and Community Center improvements ("Joint Public Hearing"); and WHEREAS, at the Joint Public Hearing the Agency and City Council received and considered the staff report and such other information, testimony, and evidence as presented; NOW, THEREFORE, be it resolved by the Cypress Redevelopment Agency as follows: Section 1. The foregoing Recitals are true and correct and incorporated herein. Section 2. The Agency finds and determines as follows: -1- A. That the Agency funding, in an amount up to One Million Five Hundred Thousand Dollars ($1,500,000), for the cost of installation and construction of publicly owned improvements to the Civic Center, consisting of new tennis courts, parking reconfiguration, and restrooms, is of benefit to the Project Areas, in that the additional recreational facilities and related improvements serve residents in the Civic Center Project Area and residents of the other Project ~4reas by providing expanded recreational opportunities. B. That the Agency funding, in an amount of up to Three Million Five Hundred Thousand Dollars ($3,500,000), for the cost of installation and construction of Community Center improvements, is of benefit to the Project Areas, in that the Community Center is the only building of its kind in the City and serves the Project Areas, and each of them, and the City as a whole, by providing a facility for community functions, including functions directly benefiting the Project Areas and the residents residing therein, such as community meetings and cultural arts events. C. That no other reasonable means of financing the portion of the Civic Center improvements and Community Center improvements to be funded by the Agency are available to the community other than Agency funding, in that (i) City general funds are already committed to expenditures for necessary police, fire, and other public safety purposes, recreational purposes, administrative and operations and maintenance purposes, and other previously identifies capital improvements; and (ii) City funds are unavailable due to prior and current State financing needs which have reduced available City revenues. D. That the Agency's funding identified herein will assist in eliminating one or more blighting conditions inside the Project Areas, in that the Project Areas, and each of them, suffer from a lack of public facilities to meet the needs of residents. At the time the Project Areas were created, each Project Area was determined to be a blighted area for physical and economic reasons including inadequate public improvements. The Agency funding to address the need for the additional publicly owned recreational facilities to meet current demands thus addresses a blight condition inside each of the Project Areas. Similarly, the Community Center, which is the only facility of its kind in the community, is in need of significant rehabilitation to address the level of service required to adequately serve the Project Areas. Thus the proposed improvements will alleviate the blighting influence of inadequate public facilities inside each of the Project Areas by providing for an upgraded Community Center facility to serve each of the Project Areas. E. That the Agency's funding identified herein is consistent with the Agency's adopted Implementation Plan 2005-2009, in that (i) the recreational and parking improvements to the Civic Center are specifically referrE~d to in the Implementation Plan (Ch, 2, §2.A), (ii) the improvements of public facilities in and serving each of the Project Areas are specific goals and objectives of the Implementation Plan (Ch, IV, §§2.A, 2.B, and 2.C), and (iii) development of additional recreational amenities in the Civic Center and upgrading of the Community Center are prograrns specifically proposed in the Implementation Plan to eliminate blighting conditions (Ch. 4, §4.A). F. That no Agency funding is being used for the cost of the land for or the cost of the installation or construction or expansion of any building used as City Hall, the improvements to the Council Chambers, or the construction of the new structure to be used for storage of police evidence. Section 3. The Agency hereby approves the Agency's payment of up to Three Million Five Hundred Thousand Dollars ($3,5000,000) toward the cost of the construction and installation of the Community Center improvements, and up to One Million Five Hundred Thousand Dollars ($1,5000,000) toward the cost of the construction and installation of the Civic Center recreational and related improvements. Section 4. All actions required by applicable law to be taken by the Agency precedent to the adoption of this Resolution have keen taken in accordance with applicable law. -2- Section 5. The Executive Director and authorized designees are hereby authorized and directed to take such other and further actions, and sign such other and further documents, as are necessary and proper in order to implement this Resolution on behalf of the Agency. PASSED, APPROVED, AND ADOPTED this 25th day of April, 2005. Chairman ATTEST: SECRETARY PRESS Rs=DEVELOPMENT AGENCY CITY OF CYPRESS STATE OF CALIFORNIA ss I, Jill R. Guertin, Secretary of the Cypress Redevelopment Agency, hereby certify that the foregoing Resolution was duly adopted by the Cypress Redevelopment Agency at a regular meeting thereof held on April 25, 2005, by the following vote: AYES: 5 AGENCY MEMBERS: Luebben, McCoy, Seymore, Sondhi and McGill NOES: 0 AGENCY MEMBERS: None ABSENT: 0 AGENCY MEMBERS: None J~I,~. Guertin, Agency Secretary -3-