Loading...
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 - 2 -