HomeMy WebLinkAboutRES NO 58-71RESOLUTION NO. 58-71
A JOINT RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY REGARDING PUBLIC PARKING
BEING MADE AVAILABLE TO ENCOURAGE THE DEVELOP-
MENT OF THE. BANK OF AMERICA SITE IN DOWNTOWN
BAKERSFIELD.
WHEREAS, Downtown Bakersfield has been deteriorating
physically and economically in recent years; and
WHEREAS, the City and the Redevelo~ment Agency have been
seeking ways and means of bringing about the revitalization of
Downtown Bakersfield; and
WHEREAS, the Bank of America owns an entire block at the
northeast corner of the intersection of Chester and Truxtun Avenues
in Downtown Bakersfield; and
WHEREAS, the Bank of America for some time has been
desirous of having a banking facility on that site, preferably in
an office tower of at least 10 stories; and
WHEREAS, general business conditions and the availability
of financing for such development have not been favorable during
the past two years; and
WHEREAS, there now appears to be serious interest among
developers to develop the site with such an office tower if the City
and the Redevelopment Agency can provide public parking and a
redevelopme~t .project to assist and encourage 'the development of
the site a~d the revitalization of Downtown Bakersfield.
NOW, THEREFORE, BE IT JOINTLY RESOLVED by the City Council
of the City of B~kersfield and by the Redev~lopment Agency of the
City of Bakersfield as follows:
1. It is the intention and desire of the City Council
and the Redevelopment Agency to provide adequate public parking to
serve the Bank of~America block if such block is developed with a
Bank' of America banking facility i~n an office tower of at least 10
stories.
2. It is the further intention and desire of the City
Council and the Redevelopment Agency that such-public parking be
available to the tenants and occupants of the office tower at no
more than market rates for parking in the area.
3. The City and Redevelopment Agency staff and consultants
are directed and authorized to take every appropriate action in
assisting and encouraging the development of such an office tower
on the site.
o0o ....
I HEREBY CERTIFY that the foregoing Joint Resolution was
passed and adopted by the Redevelopment Agency of the City of
Bakersfield at a regular meeting thereof held on the 6th day of
July,' 1971, by the following vote:
Ayes:
Noes:
Absent:
Abstaining:
Casper, Clifford, Lee, Stewart, Taber
None
King, Puder
None
I FURTHER CERTIFY that the foregoing Joint Resolution was
passed and adopted by the Council of the City of Bakersfield at a
regular meeting thereof held on the 12th day of July, 1971, by the
following vote:
~t~S: COLINCILMEN BLFECKER,
NOES: COUNCILMEN:
ABSENT COUNCILMEN:
Ci~T~y~~ · ~ ~
~ERK 6 )rk of the
Council of the City of Bakersfield and
Assistant Secretary of the Redevelopment
Agency of the City of Bakersfield.
of July, 1971
of Bakersfield
APPROVED as 'td fgrm: