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HomeMy WebLinkAboutMINUTES - 12041984 - X.1 f0; -REDEVELOPMENT AGENCY ontr FROM: Batchelor Executive Director C a Phil �,(��'DICI�/ DATE: A resolution authorizing execution of a repayment ""ut' "I SUBJECT: agreement with the County of Contra Costa and appropriating the funds received purusant to that agreement. RESOLUTION NO RA 84-16 .c. SPECIFIC REQUESTS) OR RECOMMENDATIONS) & BACKGROUND AND JUSTIFICATION The Agency. and the County of Contra Costa desire that the County agree to provide funds for the Agency. to carry out certain land acquisition and public improvements in the project area governed by the Pleasant Hill BART Station Area Redevelopment Plan and that the Agency agree ;to repay such funds . The Agency and County wish to memorialize that desire in a written agreement. THEREFORE, the Agency hereby resolves The Executive Director is hereby authorized on behalf of the Agency to enter into an agreement with the County of Contra Costa providing for the County to provide up to $1, 000, 000 to the Agency for the acquisition of property for and the constructions of public improvements in the project area governed by the Pleasant hill BART Station Area Redevelopment area and providing for Agency repayment of the funds provided from tax increment funds. The Agency hereby appropriates the funds received from the County pursuant to the aforementioned agreement for the purposes set forth in that agreement and authorizes the Executive Director to expend such funds for such purpose. CONTI D ON ATT11 ACHMENT: YES SIGNATURE:24 COMMENDATION OF EXECUTIVE DIRECTOR RECOMMEND AT OF AGE14CY COMMITTEE APPROVE OTHER SIGNATURE(G) ACTION OF AGENCY ON APPROVED AS RECOMMENDED OTHER VOTE'�� /OF COMMISSIONERS UNANIMOUS (ABSENT > i HEREBY CERTIFY THAT THIS IS A TRUE AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE REDEVELOP- MENT AGENCY ON THE DATE SHOWN. cc: Director of Planning ATTESTED � tt lit County Administrator Phil' Batechelor, AGENCY SECRETARY County Auditor-Controller 52)County Counsel Y9ie9ly•urr BY C Qot5� DEPUTY