2002 RES R-62-02 - Laserfiche WebLink

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 21 22 23 24 25 26 27' 28 RESOLUTION NO. R-62-02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA, APPROVING A MOUNT VERNON CORRIDOR PUBLIC WORKS PROJECTS FUNDING AND CONSTRUCTION MANAGEMENT AGREEMENT BY AND BETWEEN THE CITY AND THE REDEVELOPMENT AGENCY FOR THE CITY OF COLTON AND DIRECTING THE CITY ENGINEER TO PROCEED WITH THE COMPLETION OF THE MOUNT VERNON CORRIDOR PROJECTS AS PROVIDED IN SUCH AGREEMENT (REDEVELOPMENT AGENCY FOR THE CITY OF COLTON MOUNT VERNON CORRIDOR REDEVELOPMENT PROJECT 1999 TAX ALLOCATION BONDS) WHEREAS, the Redevelopment Agency for the City of Colton has adopted its I resolution of even date herewith entitled: "A RESOLUTION OF THE REDEVELOPMENT AGENCY FOR THE CITY OF COLTON APPROVING A MOUNT VERNON CORRIDOR PUBLIC WORKS PROJECTS FUNDING AND CONSTRUCTION MANAGEMENT AGREEMENT BY AND BETWEEN THE CITY OF COLTON AND THE AGENCY AND AUTHORIZING AND DIRECTING EXECUTION AND DELIVERY OF A FISCAL AGENT AGREEMENT WITH UNION BANK FOR THE DEPOSIT AND DISBURSEMENT OF CERTAIN AGENCY FUNDS (REDEVELOPMENT AGENCY FOR THE CITY OF COLTON MOUNT VERNON CORRIDOR REDEVELOPMENT PROJECT 1999 TAX ALLOCATION BONDS)"; and WHEREAS, the City of Colton (the "City") desires to undertake the completion of the acquisition, design, construction and improvement of each of the "Mount Vernon Corridor Projects" as identified in the Mount Vernon Corridor Public Works Construction Management Agreement (the "Funding and Construction Management Agreement') as submitted at the meeting at which this Resolution is approved. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA DOES FIND, DETERMINE, RESOLVE AND ORDER AS FOLLOWS: Section 1. The recitals set forth above are true and correct. SB2002:10926.1 1