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Home My WebLink AboutRDA Reso No 1998RESOLUTION NO. RDA 9&1 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE C1TY OF LAKE ELSINORE APPROVING THE STADNM FACIL1TiES LEASE BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE AND LAKESIDE ENTERTAINMENT, LLC. WHEREAS, the Redevelopment Plan for the Rancho Laguna Redevelopment Project Area No. III (the "Redevelopment Plan") has been approved and adopted by the City Council of the City of Lake Eisinore; and WHEREAS, the Agency is authorized and empowered under the Community Redevelopment Law, California Health and Safety Code Sections 33000, et seq., (the "Community Redevelopment Law") to sell, lease or othervris~ dispose of any real or personal property or any interest in property within a rcdevelopment project area in conformity with a redevelopment plan AdopYed for such area, and to make and execute contracts and other instruments necessary or convenient to the exercise of its powers; and WHEREAS, the Agency owns that certain real property located within the East Lake Specific Plan Area and the Rancho Laguna Redevelopment Project Area No. III (the "Land") which is improved with a baseball fieid, stadium and ancillary parking and related facilities commonly known as the "Lake Elsinore Diamond" (collectively, the "Stadium"), the Land and the Stadium and all other improvements located on the Land are refened to collectively herein as the "Premises"; and WHEREAS, Lakeside Entertainment, LLC (the "Company") desires to lease the Premises from the Agency of the purpose of utilizing the Stadium for baseball and other recreational, sporting, entertainment and promotional events consistent with the Redevelopment Plan and all applicable laws, regulations, ordinances and contracts; and WHEREAS, the Agency and the Company desire to enter into a Stadium Facilities Lease (the "Lease") a copy of which is attached hereto as Exhibit "A" and incorporated herein by reference, in order to implement the provisions of the Redevelopment Plan by providing for the Company's lease of the Premises for an initial term of fifteen (15 years) which can be extended at the Company's option for three additional ten (10) year periods for the potential total term of forty-Sve (45) years; and WHEREAS, the Lease also grants the Company an option to purchase the Premises in accordance with the terms and conditions set forth in the Lease; and ~VHEREAS, an Executive Summary - Stadium Facilities Lease has been prepa:ed and has been available for public review which summarizes the provisions of the Lease; and WHEREAS, pursuant to Sections 33430 and 33431 of the Community Redevelopment Law, the Agency is authorized, after a duly noticed public hearing, to lease or sell properry within a redevelopment project area without public bidding; and WHEREAS, on January 27, 1998, the Agency held a duly noticed public heazing, which was continued to February 1Q 1998, on the proposed Lease in accordance with the requirements of Community Redevelopment Law Section 33431, at which t::ne the Agency reviewed and evaluated all of the information, testimony, and evidence presented during the public hearing; and WHEREAS, the Lease is exempt from the provisions of the California En nronmental Quality Act, California Public Resources Code Section 21000, et seq. ("CEQA"), pursuant to Section 15323 of the State CEQA Guidelines, Title 14, California Code of Regulations, Section 15000, et seq., as a Class 23 exemption; and WHEREAS, all actions required by all applicable law with respect to the proposed Lease have been taken in an appropriate and timely manner; and WHEREAS, the Agency has duly considered all terms and conditions of the proposed Lease and believes that the lease of the Premises pursuant thereto is in the best interests of the City of Lake Elsinore and the health, safety, and welfare of its residents, and in accord with the public purposes and provisions of applicable state and local laws and requirements. NOW, THEREFORE, BE TT RESOLVED, by the Redevelopment Agency of the City of Lake Elsinore as follows: SECTION 1. The Agency hereby approves the Stadium Facilities Lease (the "Lease") in substantially the form attached hereto as Earhibit "A" and incorporated herein by reference. The Agency Chairwoman is suthorized to execute the Lease on behalf of the Agency in such final form as approved by the Agency's Executive Director and Agency Legal Counsel and provided that the Snal Lease is consistent with the Executive Summary - Stadium Facilities Lease a copy of which is on file with the Agency Secretary and has been available for public review, subject to such additional issues as detailed by Agency Counsel during the continued public hearing. Following execution of the Lease by the Agency's Chairwoman, the Agency's Executive Director is authorized to take such actions and execute such other documents on behalf of the Agency as are necessary in implementation or furtherance of the Lease. SECTION 2. The Agency Secretary is hereby authorized to prepare and file a Notice of Exemption with the Clerk for the County of Riverside. PASSED, APPROVED AND ADOPTED TffiS lOth day ofFebruary, 1998, upon the following vote: AI'ES: COiJNCILMEMBERS: aLONCZ, ARINLEY, KELLEY, METZE, PAPE NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ABSTAIN: COiTNCILMEMBERS: NONE STATE OF CALIFOILNIA ) COLTNTY OF RIVERSIDE ) SS: CTTY OF LAKE ELSINORE ) I, VICKI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE, DO HEREBY CERTIFY that the foregoing Resolution duly adopted by the Redevelopment Agency of the City of Lake Elsinore at a Regular meeting of said Agency on l Oth day of February, 1998, and that it was so adopted by the following vote: AYES: BOARDMEMBERS: ALONGI, KELLEY, METZE, PAPE, BRINLEY NOES: BOARDMEMBERS ABSENT: BOARDMEMBERS ABSTAIN: BOARDMEMBERS NONE NONE NONE E/ICKI I~.FiSt'~, CiTY CLERK CITY t7~F LAKE FLSINORE (SrA3,) STATE OF CALIFORNIA ) COiTNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, VICKI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE, DO HEREBY CERTIFY tliat the above and foregoing is a full, true and conect copy of Resolution No. RDA 98-1 of said Agency, and that the same has not been amended or repealed. DATED: rQarch 9; 1998 , _ ~~(~~' a'Y ~ ~,'ICKI;.AS~fJ, CITY CLERK ~ITY OF LPJ[~.Ei ~,LSINORE (SEAI,) R.D.A. RESOLUTION NO. 9s- z A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING AND ADOPTING TAE BUDGET FOR FISCAL YEAR 1998/99 AND APPROPRIATING THE FUNDS NECESSARY TO MEET THE EXPENDITURES SET FORTH THEREIN. WHEREAS, the Executive Director has submitted to the Board of Directors of the Lake Elsinore Redevelopment Agency a budget for Fiscal Year 1998/99 having proposed expenditures for all funds in the amount of $7,745,500 as presented; and WHEREAS, the Tax Increment Revenue, Interest Earnings, and Reserves, are estixnated to be $6,990,000 and will require assistance from the City in the amount of $755,500; and NOW, THEREFORE, the Board of Directors of the Lake Elsinore Redevelopment Agency does find, deter-Yiine and declare that the budget for Fiscal Year 1998/99 is hereby PASSED, APPROVED AND ADOPTED this 23rd day of June, 1998, by the following vote: AYES: BOARDMEMBERS: KELLEY, METZE, PAPE, BRINLEY NOES: BOARDMEMBERS: ALONGI ABSENT: BOARDMEMBERS: NONE ABSTAIN: BOARDMEMBERS: PAGE TWO R.D.A. RESOLUTION NO. 9s-z ATTF5T: /~ (~ c~-c~~'w V~CKI F~SAD, CLERK OF THE BOARD APPROVED AS TO FORM AND LEGALITY: BA BARA Z D-LE BOLD, LEGAL COUNSEL STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) V• I, VICKI KASAD, CITY CLERK OF THE CITY OF Lt-1KE ELSINORE, DO H~REBY CERTIFY tl~at the foregoiug Resolution duly adopfed by the Redevelopment Agency of the City of Lake Elsinore at a Regular meeting of said Agency on 23rd day of June, 1998, and that it was so adopted by the following vote: AYES: BOARDMEMBERS: ALONGI, KELL~Y, METZE, PAPE, BRINLEY NOES: BOARDMEMBERS: NONE ABSENT: BOARDMEMBERS: NON~ ABSTAIN: BOARDMEMBERS: NON~ I.j / ~ VICKI KASAD, CI"I'Y CLERK CITY OF LAKE ELSINORE (SEAL) STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, VICKI KASAD, CITY CLERK OF THE CITY OP LAKE ELSINORE, DO HEREBY CERTIFY that tlie above and foregoing is a full, true and correct copy of Resolution No. RDA 98-2 of said Agency, and tl~at tl~e same has not been amended or repealed. DATED: July 2, 1998 ~ / ~ l 2 ~ 1~ VI~ASAD, CJTY CLERIC ~ITY OF LAKE ELSINORE (SEA:,1 RESOLUTION NO. RDA 98-3 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CTTY OF LAKE ELSINORE, CALIFORNIA REQUESTING THE TAX COLLECTOR OF THE COUNTY OF RIVERSIDE TO PLACE SPECIAL TA7~ES ON THE BILLS OF CERTAIN PROPERTIES WHEREAS, the Boazd of Directors of the Redevelopment Agency of the City of Lake Elsinore, California (the "Agency"}, has heretofore instituted and conducted proceedings under the terms and provisions of the Mello-Roos Community Facilities Act of 1982 (the "Act"), being Chapter 25 of Part 1 of Division 2 of Title 5(commencing at Section 53311) of the State of California Govemment Code for the acquisition and construction of certain public works of improvements, together with appurtenances and appurtenant work in a special tax district designated as COMM[TNITY FACII.ITIES DISTRICT NO. 90-2 (TUSCANY HII..LS PUBLIC IlvII'ROVEMENTS), hereinafter referred to as the CFD 90-2; and WHEREAS, in Agency Resolution RDA No. 90-6 adopted on October 24, 1990, the "Resolution of Intention"; Agency Resolution No. RDA 90-12 entitled "A Resolution Declaring Results of Special Election and Directing Recording of Notice of Special Tax Lien", adopted November 27, 1990; and Agency Ordinance No. RDA 1 entitled "An Ordinance of the Governing Board of the Redevelopment Agency of the City of Lake Elsinore Levying Special TaYes Within the RedeveIopment Agency of the City of Lake Elsinore Community Facilities District No.90-2 (Tuscany Hiils Public Improvements)", adopted December 11, 1990; and WHEREAS, all special taxes in this district were levied without regazd to property valuation; and NOW, THEREFORE, the Board of Directors of the Redevelopment Agency of the City of Lake Elsinore does hereby resolve as follows: I. That the portion of the principal, interest and other costs related to CFD 90-2 due or coming due through June 30, 1999, be placed on the County Tax Rolis and be coilected by the Riverside County Tax Collector, as provided for in E~chibit "A° (a summary of fixed charges). 2. That the properties to be so assessed and the related amounts are submitted on magneuc tape as requested by the Riverside County Tax Collector, further identified as County Fund No. 68-2364. PASSED, APPROVED AND ADOPTED this 28"' day of July, 1998 by the following vote: -._ ^',; : ~~~ti AYES: BOARD MEMBERS NOES: BOARD MEMBERS ABSENT: BOARD MEMBERS ABSTAIN: BOARD MEMBERS PA11'tELA BRI; C1TY OF LAKE ATTEST: ~ ~. ~ VICHI L. KASAD CLERK OF THE BOARD APPROVED AS TO FORM AND LEGALITY: BAF~'ARA LEIBOZD, LEGAL COUNSEL _ ,,..:.,.- ALONGI, KELLEY, METZE, PAPE, BRINLEY NONE NONE NONE AGENCY „~... REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE EXFIIBIT "A" COMMUNITY FACILITIES DISTRICT 90-2 (TUSCANY HII,LS PUBLIC IIvIPROVEMENTS) SUMMARY OF FIXED CHAKGES FOR TAX ROLL FISCAL YEAR 1998-99 FiJND NLTMBER 68-2364 TOTAL PARCELS 1033 TOTAL CHARGES $1,539,772.06 y . . t f.-.c': ~ ~ 1*d'G . .. . STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, VICKI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE, DO HEREBY CERTIFY that the foregoing Resolution duly adopted by the Redevelopment Agency of the City of La1ce Elsinore at a Regular meeting of said Agency on 28~' day of July, 1998, and that it was so adopted by the following vote: AYES: BOARDMEMBERS: ALONGI, KELLEY, METZE, PAPE, BRINLEY NOES: BOARDMEMBERS: NONE ABSENT: BOARDMEMBERS: NONE ABSTAIN: BOARDMEMBERS: NONE ~- -~~~ ~ ~~ f~'r{I KASt~P, CITY CLERK CTTZ' CiF i;A.KE ELSINORE (SEAL) STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE ) I, VICKI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE, DO HEREBY CERTIFY that the above and foregoing is a fixll, true and correct copy of Resolution No. RDA 98-3 of said Agency, and that the same has not been amended or repealed. DATED: ~,ngust 3, 1998 ~ ~ ~ ~ ~ ~-d-~' ~ iCKI i+ASAD, CITY CLERIC C?TY OF LAKE ELSINORE (SEAL)