1998 RES R-79-98 - Laserfiche WebLink

Browse Search

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. R_79_gg A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA APPROVING A JOINT PARTICIPATION AND COOPERATION AGREEMENT CONCERNING THE EAST VALLEY DISTRIBUTIONIWAREHOUSING AND DRIVERS WORLD SUPERSTORE WHEREAS, the City Council of Colton (the "City") has determined that the City's entry into and execution of a Joint Participation Agreement among the Redevelopment Agency for the City of Colton ("Redevelopment Agency"), the City and East Valley Land Company, L.L.C. (the "Agreement"), is necessary and appropriate and will be of benefit to the community, and WHEREAS, the proposed uses of the property which is the subject of the Agreement (the "Property") will conform with City's General Plan and zoning designations on the Property; and WHEREAS, California Health and Safety Code Section 33445 requires the City Council to determine that: (a) the use of tax increment to partially pay for the Public Improvements will be a benefit to the project area from which the tax increment funds are generated; (b) there are no other reasonable means of financing the Public Improvements; and (c) the Public Improvements will assist in the elimination of one or more blighting conditions in the Cooley Ranch Redevelopment Project Area; and (d) the Public Improvements are consistent with the Redevelopment Agency's Implementation Plan; and WHEREAS, the City's staff has determined that the execution of the Agreement remains within the scope of the previously certified Environmental Impact Report certified by the Colton City Council on July 29, 1975; and WHEREAS, nothing in this Resolution of the Agreement shall be deemed to exempt any future project from review under CEQA carried out pursuant to the Agreement where such project would otherwise be subject by law to review under CEQA; and WHEREAS, pursuant to the foregoing, the City of Colton and the Agency have determined that a Notice of Determination for the approval of the Agreement should be filed pursuant to CEQA, the State CEQA Guidelines and the Agency's CEQA Guidelines. NOW, THEREFORE, BE IT RESOLVED by the City of Colton as follows: Section 1. The City Council hereby finds and determines that: (a) the Public Improvements will benefit the Cooley Ranch Project Area in that the Public Improvements will improve circulation and lighting in the area which will in turn provide an incentive for development within the project area. Further development will increase tax increment; (b) there are no other alternatives to financing the Public Improvements in that neither the City nor City's Redevelopment Agency have the funds to independently finance these Public Improvements. Under the Agreement, the new development will generate increased tax increment to in turn partially finance the Public RVPUB\SRC\48747