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Res 82 9192
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Res 82 9192
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Last modified
10/11/2019 1:35:45 PM
Creation date
10/11/2019 1:35:42 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
8/23/1982
Description
89 -56 RES OLUTION NO - RE SOLUTION OF THE BOARD OF�DjaECTORS OF THE EGI ONAL OPEN SPACE D ISTRICT 14I DPENINS - ULA R E MENT WITH'T 'EDEVELOPMENT A pp R OVING AGRE OOD CITY C oVERING A GENCy OF THE CITY OF REDW DWO OD TAX I NCREMENT FROM AMENDMENT NO. 2 OF RE PMENT p NO. 2 AND AUTHORIZING CITY REDEVELO EXE CUTION THEREOF S pace f the idpenin Re open e ctors 0 The Board "'of ' Sir I . 1 0 . 1 . Ri '- ", ' . lve-\as fol lows*.' c t does-reso t d BETWEEN r 4 a THE REDEVELOPMENT rtain AGREEMENT -'ce ..That HE CIT Y.�OF REDWOOD CITY AND THE ' % L -T- STRICT COVERING A GENCY. OF'r.T L"e%a D -OPEN SPACE M1DPEN1NSU, , LAREc;:[0NA .2 OF REDWOOD • CITY MENDMENT NO@ TAX FROM, A . a -cOPY Of which is jECT NO 2 F- 1 RED EVELOPMENT.PRO a part �xed he and by reference ade 2. President affl . 0 -1 hereby--.approved and the Vice execute
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{ H:d m " 1 /08/89 (040/#41) <br />I <br />_ J <br />Existing Project Area i s identified on Exhibit "A" of this <br />Agreement. <br />Tax Increment - means and shall include only: l all ad <br />valorem property taxes allocated and paid to the Agency from <br />the Total Project Area (or from such portion therof as shall <br />be designated from time to time in this Agreement) pursuant <br />to Article XVI , Section 16 of the California Constitution <br />and Health and Safety code Section 33670 et seq., and <br />identifiable California State legislative supplements to or <br />substitutes for ad valorem property taxes that are subject <br />to allocation and payment to the Agency pursuant to Health <br />and Safety code Section 33670 et seq.; provided, however, by <br />gray of example and not of limitation, that the term "Tax <br />Increment" as used herein shall not include <br />1 Revenues, funds, monies, awards, Loans, grants or <br />credits whose source, directly or indirectly, is the <br />federal. government; nor <br />(2) Any monies or funds received from another public <br />source (State, county, municipal, or otherwise)' as a <br />result of any loan, grant, award, r similar payment; <br />nor <br />Any public funds, or assessment, received by the <br />Agency upon a condition, limitation or restriction th t <br />precludes use of such funds for payment to the District <br />pursuant to this Agreement, nor <br />Proceeds from any disposition of any real or <br />
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