HomeMy WebLinkAboutA3392 - PA9 TAX INCREMENT REVENUE R18414 CRA R934 A336 . Riverside Co Supt of Schools
PA9 Pass-thru re tax incre-
ment Revenue
AGREEMENT #3392 (CRA A334;
SETTLEMENT AI\[D COOPERATION AGREEi, R18414, 6-15-94 R934,
THIS SETTLEMENT AND COOPERATION AGREEMENT ("Agreement") is
made and entered into as of the 29th day of December, 1993 ("Effective Date"), by and between
THE CITY OF PALM SPRINGS ("City"), THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF PALM SIPRINGS ("Agency"), and THE RIVERSIDE COUNTY
SUPERINTENDENT OF SCHOOLS ("Superintendent").
RECITALS
A. By Ordinance No. 1321, dated December 29, 1988, the City Council of the City,
upon recommendation of the Agency, adopted the Redevelopment Plan for Redevelopment
Project Area No. 9 ("Plan" or "Project Area" as appropriate) in accordance with the provisions
of the California Community Redevelopment Law ("CRL") (Health & Safety Code Section
33000, et seg.).
B. Superintendent is an affected taxing entity, as defined in Section 33353.2 of the
Health and Safety Code, and levies ad valorem property taxes on real property within the Project
Area.
C. Agency, City, and Superintendent have determined that it is appropriate to
alleviate any financial burden or detriment caused to Superintendent by the Plan.
D. City, Agency, and Superintendent desire to resolve and settle, once and for all
times, all past, present, or future claims, disputes, or causes of action, both real and potential,
arising against Agency and City in relationship to the Plan. i
C
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IN WITNESS WHEREOF, Agency, City, and Superintendent have entered into this
Agreement as of the Effective Date.
"Agency"
COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY PALM SPRINGS
By:
0lairrAan
ATTEST:
APPROVED BY THE COMMUNITY REDEV.
Qsita�ntS�ecretary AGENCY BY RES. NO.
93 `f ,, E5y
APPROVED AS TO FORM:
By:
Agenc ounsel
"CITY'
CITY O� M SPRINGS
By: it
yor
ATTEST:
By:
y Clerk APPROVED BY THE CITY COUNCIL ,
BYRES. NO.ZA��1=may
APPROVED AS TO FORM:
By:
City Att y
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"Superintendent"
THE RIVERSIDE COUNTY SUPERINTENDENT
OF SCHOOLS
By:
Jerry rr
As tstant Superintendent, Business Services
ATTEST:
By:
Secretary
APPR70'4/� —d
AS TO FORM:
By:
Superintendent Counsel
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