HomeMy WebLinkAboutORD NO 2197 ORDINANCE NO. 2197 NEW SERIES
AN ORDINANCE OF THE COUNCIL OF THE CITY OF
BAKERSFIELD APPROVING THAT CERTAIN LEASE
AGREEMENT, DATED AS OF AUGUST 1, 1974,
BETWEEN SAID CITY AND THE BAKERSFIELD RE-
DEVELOPMENT AGENCY OF THE CITY OF BAKERS-
FIELD RELATING TO THE DOWNTOWN BAKERSFIELD
REDEVELOPMENT PROJECT.
WHEREAS, the Redevelopment Agency of the City of
Bakersfield proposes to acquire and construct certain public off-
street parking facilities in the City of Bakersfield and to lease
said facilities to said City pursuant to that certain Lease Agree-
ment, to be dated as of August 1, 1974 (the "Lease"), a copy of the
form of which is on file with the City Clerk of said City; and
WHEREAS, said Agency proposes to finance such acquisition
and construction through the issuance of revenue bonds pursuant to
the Community Redevelopment Law (Part 1 of Division 24 of the
Health and Safety Code), such bonds to be payable as to principal
and interest from the proceeds of rents to be paid by the City
under the terms of said Lease; and
WHEREAS, Article 9, Chapter 5, Part 1, Division 2,
Title 5 (commencing with Section 54240) of the Government Code
requires that prior to entering into said Lease, the City shall
have approved said Lease by ordinance which shall be subject to
referendum;
NOW, THEREFORE, BE IT ORDAINED by the Council of the City
of Bakersfield as follows:
SECTION 1.
That. the Council hereby approves the Lease, provided
that the facility defined therein shall h~ve-'a~-ieas~ ~5~Spaces,
but not more than 360 spaces, and provided further that the amount
of base rental specified in Section 4(b) of said Lease to be payable
by the City thereunder, shall not exceed $225,000, or the fair
rental value of the facility, whichever is less.
SECTION 2.
Subject to the limitations of Section 1 hereof, the Mayor
is authorized and directed to agree to a base rental and to execute
said Lease, and the City Clerk is authorized and directed to attest
thereto and to affix the official seal of the City thereto and to
cause said Lease, following execution by the Redevelopment Agency
of the City of Bakersfield, to be recorded with the County Recorder
of Kern County.
SECTION 3.
The City Clerk shall certify to the passage and adoption
of this ordinance and shall cause this ordinance to be posted and
published once in a newspaper of general circulation in the City.
SECTION 4.
This ordinance shall become effective thirty days from
and after the date of its passage, and shall be subject to the
provisions for referendum applicable to the City of Bakersfield,
to wit: the provisions contained in Article 2, Chapter 3,
Division 4 (commencing with Section 4050) of the Elections Code.
o0o
I HEREBY CERTIFY that the foregoing ordinance was passed
and adopted by the Council of the City of Bakersfield at a regular
meeting thereof held on the 8th day of July, 1974, by the following
vote:
AYES: COUNC}LMEN 7..'.~T-'_: ], B_LE~CKER, HEISEY, MEDDERS, ROGERS, STRONG, THOMAS
NOE~: COUNCILM~N: ~/~
ABSENT COUNCILMLN: ~~
ABSTAINING COUNCILMEN: ~-~
CITY ~-fo Clerk of the
Counc£1 of the Ci~of Bakersfield
APPROVED this 8thTa~ of July, 1974
O~6f the~City ;of Bakersfield
APPRO~D as to form:
CI~-ATTORNE~ of theory of Bakersfield
AFFIDAVIT OF POSTING ORDINANCES
o0o ..........
STATE OF CALIFORNIA)
) SS.
COUNTY OF KERN)
H. E. BERGEN, being duly sworn, deposes and says:
That he is the duly appointed, acting and qualified City
Clerk of the City of Bakersfield; and that on July 10
19 74 , he posted on the Bulletin Board at the City Hall, a full,
true and correct copy of an ordinance passed by the Council of said
City at a meeting thereof duly held on July 8 , 19 74 ,
which ordinance was numbered 2197 New Series, and
entitled:
An Ordinance o£ the Council of the
City of Bakersfield approving that
certain lease agreement, dated as
of August 1, 1974, between said
city and the Bakersfield Redevelop-
ment Agency of the City of Bakers-
field relating to the Downtown
Bakersfield Redevelopment Project.
Subscribed and sworn to before me this
llth day of July , 19 74
Notary/Public in and for the County of
Kern, State of California
Marguerite Anderson
Il f~i~.'~t NOTARY PUBLIC-CALIFORNIA
]J ~'~.~,~,~',~ BOND FILED IN
]J ~ KERN COUNTY ~[ r
,JJ MY COMMISSION EXPIRES JUNE ')4, 1978