CRA - 25AGENCY RESOLUTION NO. CRA-25
RESOLUTION OF THE CYPRESS REDEVELOPMENT
AGENCY APPROVING A PRELIMINARY REPORT
CONCERNING A PROPOSED AMENDMENT TO THE CIVIC
CENTER REDEVELOPMENT PROJECT
WHEREAS, by Ordinance No. 692 adopted July 19, 1982, the
City Council of the City of Cypress approved the Civic Center
Redevelopment Project (the "Project") and a redevelopment plan
in connection therewith which provided for the division of
taxes pursuant to Section 33670 of the California Health and
Safety Code; and
WHEREAS, the City Council of the City of Cypress (the "City
Council") and the Cypress Redevelopment Agency have commenced
proceedings for the consideration of an amendment to the
Project, which amendment (the "Amendment") would add territory
to the existing Project Area of the Project and would make
certain other changes to the Redevelopment Plan; and
WHEREAS, Section 33344.5 of the California Health and
Safety Code provides that in connection with the preparation of
a redevelopment plan which provides for the division of taxes
pursuant to Health and Safety Code Section 33760, a
redevelopment agency shall prepare a preliminary report which
shall contain:
a. The reasons for the selection of the project area;
b. A description of the physical, social and economic
conditions existing in the project area;
c. A preliminary assessment of the proposed method of
financing the redevelopment of the project area, including an
assessment of the economic feasibility of the project and the
reasons for including a provision for the division of taxes
pursuant to Section 33670 in the redevelopment plan;
d. A description of the specific project or projects then
proposed by the Agency in the project area in sufficient detail
and specifity to permit the fiscal review committee, if one is
created, to review the potential impacts of the proposed
project; and
e. A description of how the project or projects to be
pursued by the Agency in the project area will improve or
alleviate the conditions described in subdivision b; and
WHEREAS, the Cypress Redevelopment Agency has reviewed the
proposed Preliminary Report, as submitted by the Agency staff
and referred hereto as Exhibit A, a copy of which is on file in
the office of the City Clerk and by this reference is incorporated
herein, and has determined that said Preliminary Report conforms
to the requirements of Health and Safety Code Section 33344.5.
NOW, THEREFORE, THE CYPRESS REDEVELOPMENT AGENCY DOES
RESOLVE AS FOLLOWS:
1. The Cypress Redevelopment Agency approves the
Preliminary Report in the form of Exhibit "A," and authorizes
the Executive Director to transmit the Preliminary Report to
the County of Orange and all other affected taxing agencies.
PASSED AND ADOPTED by the governing board of the Cypress
Redevelopment Agency on the 13th day of January 1986.
CYPRESS REDEVELOPMENT AGENCY
ATTEST:
~ SECRETARI~ · ./
CYPRESS REDEVELOPMENT AGENCY
STATE OF CALIFORNIA ) SS
COUNTY OF ORANGE )
I, DARRELL ESSEX, Secretary of the Cypress Redevelopment
Agency, DO HEREBY CERTIFY that the foregoing Resolution was duly
adopted at a regular meeting of said Agency held on the 13th
day of January 1986, by the following roll call vote:
AYES: 5 AGENCY MEMBERS: Coronado, Lacayo, Mullen, Partin and Kanel
NOES: 0 AGENCY MEMBERS: None
ABSENT: 0
AGENCY MEMBERS: None
CYPRESS REDEVELOPMENT AGENCY
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