HomeMy Public PortalAbout95-100 RESOLUTION NO. 95-100
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARSON
APPROVING PAYMENT BY THE CARSON REDEVELOPMENT AGENCY FOR
PART OF THE COST OF THE INSTALLATION AND CONSTRUCTION OF
IMPROVEMENTS WITH RESPECT TO THAT CERTAIN 67 ACRE PARCEL
OF REAL PROPERTY LOCATED BETWEEN FIGUEROA AND MAIN
STREETS SOUTH OF TORRANCE BOULEVARD.
THE CITY COUNCIL OF THE CITY OF CARSON HEREBY FINDS,
DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
Section 1 . Pursuant to provisions of the Community
Redevelopment Law (California Health and Safety Code Section
33000, 2-t sea. ) , and in particular Section 3344`5 thereof,, the
Carson Redevelopment Agency (the "Agency") proposes to pay for
part of the cost of the installation and construction of public
improvements, consisting of street and drainage improvements, with'
respect to a 67 acre parcel of real property located between
Figueroa and Main Streets, south of Torrance Boulevard. The
Agency proposes to pay for the City' s share of such costs as set
forth in the agreement entitled "Owner Participation Agreement"
(the "Agreement") between the Carson Redevelopment Agency and
Carson Town Center, Inc. , a California corporation, presented to
the City Council at this meeting and now on file in the office of
the City Clerk.
Project Area No. 1 of the Agency (the "Project Area")
are characterized by properties which suffer from economic
dislocation, deterioration or disuse, including depreciated or
stagnant property values and impaired investments, because of
conditions of blight in the Project Areas, including the existence
of inadequate public improvements . The conditions of blight in
the Project Area cause a reduction of, or lack of, proper
utilization of the Project Area to such an extent that it
constitutes a serious physical and economic burden on the City-
that cannot reasonably be expected to be reversed or alleviated by
private enterprise or governmental action, or both, without
redevelopment .
The proposed public improvements described herein will
improve access to the Project Areas and mitigate traffic
congestion and safety hazards, all for the health, safety and
welfare of the residents and taxpayers of the Project Area and the
City. The public improvements will thereby assist in the
elimination of conditions of blight within the Project Area which
are caused by inadequate public improvements . This in turn will
assist in encouraging private-sector investment in the Project
Areas .
Section 2 . The budget constraints of the City prevent
the City from financing the improvements described in Section 1
hereof by any means. Traditional methods of financing such as the
issuance of general obligation bonds are unavailable as a
Resolution No. 95-100/Page 2 of 3
practical matter because of the extraordinary majority voter
approval requirements of two-thirds of the electorate. Assessment
financing or special tax financing , could overburden benefitting
properties with assessments or special taxes which would be added
to existing taxes and assessments, and, in addition, special taxes
require a two-thirds vote.
Section 3 . The City Council hereby finds and
determines that based upon the foregoing and other information
presented to the City Council: (i) the improvements described in
Section 1 will be of benefit to the Project Areas of the Agency
and to the immediate neighborhood in which the project is located,
(ii) the payment of funds for the cost of such improvements will
assist in the elimination of one or more blighting conditions
inside the Project Areas by remedying inadequate public
improvements and is consistent with the implem2ntation plan
adopted pursuant to Health and Safety Code Section 33490; and
(iii) no other reasonable means of financing such improvements are
available to the City.
Section 4 . The City Council hereby approves payment by
the Agency for the City's share of the cost of the improvements
described in Section 1 hereof in accordance with the Agreement
from any revenues of the Agency lawfully available therefor.
Section 5. The City Council hereby approves the
Agreement substantially in the form presented to the City Council
at this meeting and now on file in the office of the City Clerk.
PASSED, APPROVED and ADOPTED this 17th day of
October , 1995 .
May r
Attest:
City Clerk
Approved as to form:
,w„W City Attorney -
Resolution No. 95-100/Page 3 of 3
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF CARSON )
I, Helen S. Kawagoe, City Clerk of the City of Carson, California, do hereby certify
that the whole number of members of the City Council of said City is five; that the foregoing
resolution, being Resolution No. 95-100 was duly and regularly adopted by the City Council
of said City at a regular meeting of said Council, duly and regularly held on the 17th day
of October, 1995, and that the same was so passed and adopted by the following vote:
AYES: COUNCIL MEMBERS: Olaes, O'Neal and Fajardo
NOES: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Mayor Mitoma and Calas
City Clerk, City of C rson, Caftifornia