ARA1992-08RESOLUTION NO. ARA92-8
RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY
AUTHORIZING EXECUTION OF AN AGREEMENT BY AND
BETWEEN THE ANAHEIM REDEVELOPMENT AGENCY AND
THE ANAHEIM CITY SCHOOL DISTRICT
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 Anaheim City School District (the "District"), it appears
that the Project may cause a financial burden or detriment to the
District 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 District, which
payments will alleviate any and all adverse fiscal impact on the
District resulting from the Project; and
WHEREAS, the Redevelopment 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 challenges 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 District and that the
payments as are provided for in the Agreement are necessary to
alleviate the financial burden or detriment of the District.
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 District pursuant to the Agreement.
ADOPTED THIS 17th day of March
, 1992
Anaheim Redevelopment Agency
Acting
ATTEST:
Secretary
Anaheim Redevelopment Agency
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STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF ANAHEIM )
I, ANN M. SAUVAGEAU, Acting Secretary of the Anaheim Redevelopment Agency, do
hereby certify that the foregoing Resolution No. ARA92-8 was passed and adopted
at a regular meeting of the Anaheim Redevelopment Agency held on the 17th day
of March, 1992, by the following vote of the members thereof:
AYES: AGENCY MEMBERS: Simpson, Ehrle, Pickler, Daly 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. ARA92-8 on the 18th day of March, 1992.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 18th day of
March, 1992.
ACTING SECR EDEVELOPMENT AGENCY
(SEAL)