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HomeMy WebLinkAboutRDA Res 75-18 Not Passed ... .. 1 I , ~, I RESOLUTION NUMBER 1~/B A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH AUTHORIZING PAYMENT IN LIEU OF TAXES TO THE SEAL BEACH SCHOOL DISTRICT. Section 33401 of the Health and Safety Code authorizes payment by a redevelopment agency to a school district containing territory located within a project area; and the Seal Beach School District does contain territory within the boundaries of the Project Area of the Seal Beach Redevelopment Agency; and the Redevelopment Agency has provided financial assistance totaling $137,500 to said School District for capital expenses during the past five years; and WHEREAS, the Redevelopment Agency wishes to continue a policy of providing financial assistance to the Seal Beach School District; WHEREAS, WHEREAS, WHEREAS, NOW, THEREFORE BE IT RESOLVED that the Redevelopment Agency of the City of Seal Beach does resolve to pay $37,500 to the Seal Beach School District to alleviate any financial burden or detriment caused by the Seal Beach Redevelopment Project. PASSED, APPROVED, AND ADOPTED by the Redevelopment Agency of the City of Seal Beach, California at a meeting thereof held on the day of , 1975, by the following vote: AYES: Agency Members NOES: Agency Members ABSENT: Agency Members Chairman ATTEST: ..... Executive Director-Secretary