HomeMy WebLinkAbout1993-14 CRA
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RESOLUTION NO.9 3 - 14
A RESOLUTION OF THE COMMUNITY REDEVELOP-
MENT AGENCY OF THE CITY OF SANTA ANA
APPROVING A TAX INCREMENT PASS-THROUGH
AGREEMENT WITH THE SANTA ANA UNIFIED
SCHOOL DISTRICT WITH REGARD TO THE SOUTH
MAIN STREET REDEVELOPMENT PROJECT
WHEREAS, section 33401, subsection (b), of the community
Redevelopment Law (California Health and Safety Code sections 33000
et seq.) authorizes a redevelopment agency to pay any taxing agency
with territory located within a project area, other than the
community which adopted the project, any ~moun~s of money which the
agency has found are necessary and 'appropriate to alleviate
financial burden or detriment caused t ;)' any taxing agency by a
redevelopment project; and
WHEREAS, the Santa Ana Unified School District is a taxing
agency with territory located in the project area of the Santa Ana
South Main Street Redevelopment Project; and
WHEREAS, the Santa Ana Unified School District has submitted
substantial evidence to the Community Redevelopment Agency of the
City of Santa Ana of financial burden or detriment which has been
or will be caused to the Santa Ana Unified school District by the
Santa Ana South Main Street Redevelopment Project; and
WHEREAS, the Executive Director of the Agency has prepared and
submitted to the Agency a proposed agreement for payments to the
Santa Ana Unified School District ,to alleviate such financial
burden or detriment (the "Agreement");
NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA AS FOLLOWS:
1. On the basis of the evidence submitted, the Agency finds
and determines that the Santa Ana South Main Street Redevelopment
Project has caused and will cause financial burden and detriment to
the Santa Ana Unified School District and that the payments to the
Santa Ana Unified School District by the Agency as provided for in
the Agreement are necessary to alleviate the financial burden and
detriment.
2. The Agreement is hereby approved and the Chairman is
authorized to execute the Agreement on behalf of the Agency.
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ADOPTED this
following vote:
18th
day of
May
, 1993, by the
AYES:
Members Lutz, Mills, Moreno, Richardson, Young
NOES:
Members
ABSENT:
Members
ABSTENTIONS:
Members
ATTEST:
~ i -j.?~
Cynthia J. elson
Executive Director
APPROVED AS TO FORM:
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Agency Legal nsel
Norton and Pulido
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Chairman
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