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CC - 1984-12 - Fern School Sports ComplexRESOLUTION NO. 84-12 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD MAKING CERTAIN FINDINGS AND DETERMINATIONS WITH RESPECT TO THE FERN SCHOOL SPORTS COMPLEX WHEREAS, Fern School is located within Project Area No. 1 of the Rosemead Redevelopment Agency; and WHEREAS, a new sports complex at Fern School is needed to serve the students of Fern School and residents within and surrounding Project Area No. 1; and NOW, THEREFORE, the City Council of the City of Rosemead resolves as follows: SECTION 1. The City Council finds, determines and declares as follows: (a) The payment by the Rosemead Redevelopment Agency of the construction costs, including archi- tectural fees, construction supervision and other project-related costs, is of benefit to Project Area No. 1. This finding is based upon the fact that the Fern School Sports Complex is located in Project Area No. 1 and serves the residents within and surrounding the Project Area. (b) That there are no other reasonable means of financing such buildings, facilities, structures or other improvements available to the community. Although the City has a General Fund surplus, the uncertainity of continuing municipal revenue sources mitigates against the depletion of the existing reserves until such time as revenue sources are more stable and predictable. SECTION 2. The City Clerk shall certify to the adop- tion of this Resolution.. PASSED, APPROVED and ADOPTED this 28th day of February 1984. MAYOR ATTEST: CITY C~YJERK n u AGREEMENT FOR COOPERATION BETWEEN THE CITY OF ROSEMEAD AND THE ROSEMEAD REDEVELOPMENT AGENCY FOR THE DEVELOP- MENT OF THE FERN SCHOOL SPORTS COMPLEX THIS AGREEMENT is entered into this 28th day of February,, 1984) by and between the City of RosemeadCITY') an~ the Rosemead Redevelopment Agency ("AGENCY"). WHEREAS, pursuant to Health and Safety Code §33000 et sue., the City Council of the City of Rosemead established the Rosemead Redevelopment Agency under authority of the California Community Redevelopment Law; and WHEREAS, pursuant to Health and Safety Code §33000 et seq., the City Council of the City of Rosemead, by enactment of Ordinance No. 340, on June 27, 1972, has established the Rosemead Redevelopment Project No. 1; and WHEREAS, CITY and AGENCY have a common interest in and wish to facilitate redevelopment and eliminate blight within the CITY and to provide for the cooperation of CITY and AGENCY in carrying out redevelopment activities; and WHEREAS, CITY has obligated itself to develop and share maintenance costs of a sports complex at Fern School, within Project Area No. 1. NOW, THEREFORE, the parties hereto agree as follows: Section 1. In connection with the sports complex development, each party shall cooperate with the other. Section 2. In consideration of the benefit of the project to the Redevelopment Project, AGENCY hereby agrees to construct the facilities described in Exhibit "A" hereto. Section 3. CITY shall be fully responsible for its share of the ongoing maintenance of the facilities. IN WITNESS WHEREOF, the parties have executed this Agreement on the date first above written. CITY OF ROSEMEAD Mayor ATTEST: ity C1 k ROSEMEAD REDEVELOPMENT AGENCY -Chairman ATTEST: Agency S retary