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CC Resolution 1983-048( RESOLUTION NO. 83-48 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, AUTHORIZING THE EXECUTION OF A COOPERATION AGREEMENT WITH THE LA QUINTA REDEVELOPMENT AGENCY. WHEREAS, the City Council of the City of La Quinta, acting pursuant to the provisions of the California Community Redevelopment Law Health & Safety Code Section33OOO et seq.) has activated the Agency and has declared itself to constitute the Agency, by Ordinance No. 34, adopted on July 5, 19?3; and WHEREAS, pursuant to the Community Redevelopment Law? the Agency is performing a public function of the City and may have access to services and facilities of the City; and WHEREAS, the City and the Agency are undertaking proceedings for the adoption of a redevelopment project in the City, and the City and Agency desire to enter into this Agreement in anticipation of the adoption of such a redevelopment project in order to: 1) Set forth activities, services and facilities which the City will render for and make available to the Agency in furtherance of the activities and functions of the Agency under the Community Redevelopment Law; and 2) provide that the Agency will reimburse the City for actions undertaken and costs and expenses incurred by it for and on behalf 0 the Agency. NOW, THEREFORE, the City Council of the City of La Quinta does resolve as follows: Section 1 The Cooperation Agreement" between the La Quinta Redevelopment Agency and the City of La Quinta, in the form attached to this resolution, and incorporated herein by reference is hereby approved, and the Mayor and City Clerk are hereby directed and authorized to execute said Cooperation Agreement. APPROVED and ADOPTED this 16th day of August, 1983? by the following vote: AYES: Council Members Allen, Henderson and Mayor Baier. NOES: None. ABSENT: Council Members Cox and Wolff. MAYOR AT?T; CITY CL?RK BIB] 04-25-1996-U01 09:31:12AM-U01 CCRES-U02 83-U02 48-U02 (RESOLUTION NO. 83-48 APPROVED AS TO FORM: APPROVED AS TO CONTENT: BIB] 04-25-1996-U01 09:31:12AM-U01 CCRES-U02 83-U02 48-U02 ( CORPORATION?AGREEMENT? THIS AG?MENT is entered into this 16th day of August, 1983, by and between the CITY O? LA QUINTA hereinafter called *City?) and the IA QUINTA REDEVELOPMENT?I,AGENCY hereinafter called the Agency?') WTTNESSETH pursuant to the provisions of the California Ccnmmty Redevelopment Law Health and Safety Code, Sections 33000 et the Agency is performing a public function of the City and may have access to the services and facilities of the City; and WFiEREAS, the City and the Agency are undertaking proceedings for the adoption of a redevelopment project within the City, and the City and the Agency desire to enter into this Agreement in anticipation of the adoption of such a redevelopment project in order to: 1 Set forth activities, services and facilities which the City will render for and make available to the Agency in furtherance of the activities and functions of the Agency under the C?communitv development Law; and 2. Provide that the Agency will reimburse the City for actions undertaken and costs and expenses incurred by it for and on behalf of the Agency. N?, T?EREFO?, ThE PARrIES HE? Do ALLY AGREE AS M,??S: 1. The City agrees to provide for the Agency such staff assis- tance, s\:]pplies, technical services and other services and facilities of the City as the Agency may require in carrying Out its functions under the Carmunity Redevelopment Law. Such assistance and services may include the services of City officers and employees and special consul- tants. 2. The City may, but is not required to, advance necessary funds to the Agency or may eppend funds on behalf of the Agency for the preparation and Th?l?nentation of a redevelopeent plan, including, but not limjted to, the coSts of surveys, planning, studies and environ[nental a5Ses?nts for the adoption of a redevelopment plan, the costs of aoqui- sition of property within the project area, demolition and clearance of properties acquired, building and site preparation, public jir?rov?nents and relocation assistance to displaced residential and nonresidential occupants as required by law. BIB] 04-25-1996-U01 09:31:12AM-U01 CCRES-U02 83-U02 48-U02 ( 3 The City will keep records of activities and service? undertaken pursuant to this Agreement and the costs thereof in order that an accurate record of the Agency' S liability to the City can be ascertained. The City shall periodically, but not less than annually, suinit to the Agency a statement of the costs incurred by the City in rendering activities and services of the City to the Agency pursuant to this Agreement. This Agreement may include a proration of the City's administrative and salary eeeense attributable to services of City officials, enployees and depart- rr?nts rendered for the Agency. 4 The Agency agrees to re?urs? the City for all costs incurred for services by the City pursuant to this Agreement fr? and to the exLent that funds are available to the Agency for such purpose pursuant to Section 33670 of the Health and Safety Code or fr? other sources; provided, however, that the Agency shall have the sole and exclusive right to pledge any such sources of funds to the repayment of other indebtedness incurred by the Agency in carrying out the project. The costs of the City under this Agreement will be sh? on statements suinitted to the Agency pursuant to paragraph 3, above. Although the perties recognize that payment may not occur for a few years and that repayment may also occur over a period of tilne, it is the express intent of the parties that the expenses incurred by the City under this Agre?nt shall be entitled to payment, consistent with the Agency' 5 financial ability, in order to make the City whole as soon as practically possible. 5. The obligations of the Agency under this Agre?nent shall constitute an indebtedness of the Agency within the meaning of Section 33670 et of the Conmunity R?evelopnent Law to be repaid to the City by the Agency with si??le interest at ten percent 10%) per annum. 6. This Agreement shall c?rinence upon execution thereof by appro- priate officers of the City and the Agency. This Agreement shall terminate upon 30 days written notice of termination by either party. rmination of this agreement shall not constitute termination of obligations incurred by either party during the effective period of this Agreement. Nothing contained in this Section shall be construed to require the Agency to rein?urse the City in full upon the termination of this Agreement, it being cont?plated by the parties that the Agency shall reinburse the City within the time and Inanner provided in paragraph 4 hereof. NESS REOF, the parties have executed this Agreement as of the date first above written. CITY OF IA By:____________________________________ APIEST: Mayor IA QUINTh REDEVELOPMENT ENCY City Clerk By:___________________________ Chairman Secretary BIB] 04-25-1996-U01 09:31:12AM-U01 CCRES-U02 83-U02 48-U02