HomeMy WebLinkAboutResolution No. 2018-C38RESOLUTION NO. 2018-C38
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA
CALIFORNIA, APPROVING THE APPLICATION FOR GRANT FUNDS FOR
THE LOS ANGELES METROPOLITAN TRANSPORTATION AUTHORITY
TRANSIT ORIENTED PLANNING GRANT PROGRAM ROUND 5, IN THE
TRANSIT ORIENTED COMMUNITIES TAX INCREMENT FINANCING
PILOT PROGRAM, FOR A TIF FEASIBILITY STUDY.
WHEREAS, the City of Azusa has been awarded funding from Los Angeles County
Metropolitan Transportation Authority for the Metro Transit Oriented Development Planning Grant
Program Round 5; and
WHEREAS, the funding opportunity provided by Metro through their Grant Program entitled
Metro Transit Oriented Development Planning Grant Program Round 5 in the Transit Oriented
Communities (TOC) Tax Increment Financing (TIF) Pilot Program seeks to provide a feasibility study
of forming TIF districts.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Azusa does
hereby finds, determines and declares as follows:
SECTION 1. Accepts funds from Metro for the Transit Oriented Development Planning Grant
Program Round 5 Transit Oriented Communities (TOC) Tax Increment Financing (TIF) Pilot Program
for a TIF Feasibility Study;
SECTION 2. Certifies that the City understands they will work with Metro to meet established
deadlines to complete project within 36 months of award;
SECTION 3. Certifies that the City understands they will execute a Grant Agreement with
Metro; and
SECTION 4. Authorizes the City Manager, or designee, as agent to conduct all negotiations,
execute and submit all documents including, but not limited to agreements, payment requests and so on,
which may be necessary for the completion of the aforementioned project.
PASSED, APPROVED and ADOPTED this 7th day of May, 2018.
A/�
-1,,a A� seph Romero Rocha,
ayor
ATTEST:
Jaw c Cornejo, Jr ,
ity Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF AZUSA )
I HEREBY CERTIFY that the foregoing Resolution No. 2018-08 was duly adopted by the
City Council of the City of Azusa at a regular meeting thereof, held on the 7th day of May, 2018, by the
following vote of Council:
AYES: COUNCILMEMBERS: GONZALES, CARRILLO, MACIAS, ALVAREZ, ROCHA
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
Jaw Cornejo, Jr
City Cl
er
APPROVED AS TO FORM:
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Best Bes &e. Krieger, L P
City Attorney