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ARA1991-15RESOLUTION NO ARAql-15 RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY AUTHORIZING EXECUTION OF AN AGREEMENT BY AND BETWEEN THE ANAHEIM REDEVELOPMENT AGENCY AND THE ORANGE COUNTY SUPERINTENDENT OF SCHOOLS WHEREAS, the City Council of the City of Anaheim (the "City Council") adopted and approved the Redevelopment Plan (the "Redevelopment Plan") for the Plaza Redevelopment Project (the "Project") by Ordinance No. 5136 on June 12, 1990; and WHEREAS, the Redevelopment Plan includes provision for tax increment financing; and WHEREAS, based upon information presented on behalf of the Orange County Superintendent of Schools (the 'Superintendent"), it appears that the Project may cause a financial burden or detriment to the Superintendent and that certain payments are necessary to alleviate such financial burden or detriment; and WHEREAS, the District has approved an agreement (the "Agreement") which is attached hereto and incorporated herein by reference providing for certain payments to the Superintendent, which payments will alleviate any and all adverse fiscal impact on the Superintendent resulting from the Project; and WHEREAS, the Rmdevelopment Plan is the subject of a litigation matter entitled Lara, et al. v. All Persons Interested in the Matter of the Validity of the Redevelopment Plan for the Plaza Redevelopment Project, et al., O.C.S.C. Case No. 633 204, which challenqes the validity of the Redevelopment Plan. NOW, THEREFORE, THE ANAHEIM REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS: Section 1. The Agency finds that the Project may cause a financial burden or detriment to the Superintendent and that the payments as are provided for in the Agreement are necessary to alleviate the financial burden or detriment of the Superintendent. Section 2. The Agreement is approved, and the Chairman or Executive Director and Agency Secretary are authorized to execute the Agreement, to take all steps necessary for the implementation of the Agreement, and to cause payments to be made to the Superintendent pursuant to the Agreement. ADOPTED this 16th day of July · 1991. ATTEST: Secretary, Anaheim Redevelopment Agency 06/20/91 5826u/2621/01 2 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ANAHEIM ) I, LEONORA N. SOHL, Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing Resolution No. ARA91-15 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held on the 16th day of July, 1991, by the following vote of the members thereof: AYES: AGENCY MEMBERS: Simpson, Daly, Pickler, Ehrle and Hunter NOES: AGENCY MEMBERS: None ABSENT: AGENCY MEMBERS: None AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency signed said Resolution No. ARA91-15 on the 17th day of July, 1991. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 17th day of July, 1991. SECRETARY OF THE ANAHEIM REDEVELOPMENT AGENCY (SEAL)