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FN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO RESOLUTION NO. 2010 - RDA A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO APPROVING A COOPERATION AGREEMENT BETWEEN THE CITY OF SAN LEANDRO AND THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO FOR THE PURPOSE OF UNDERTAKING REDEVELOPMENT ACTIVITIES WITHIN THE PLAZA PROJECT AREA AT A COST NOT TO EXCEED ELEVEN MILLION FOUR HUNDRED AND FIFTY THOUSAND DOLLARS (31 1,450,000) TO THE REDEVELOPMENT AGENCY, AUTHORIZING THE EXPENDITURE OF TAX INCREMENT FUNDS FOR PUBLIC IMPROVEMENTS AND PUBLIC FACILITIES, AND ADOPTING FINDINGS REQUIRED BY HEALTH AND SAFETY CODE SECTION 33445.1 WHEREAS, by Ordinance No. 93 -012, the City Council and the Redevelopment Agency of the City of San Leandro (the "Agency ") established the Alameda County — City of San Leandro (Joint) Redevelopment Project Area (the "Joint Project Area ") and adopted a redevelopment plan for the Joint Project Area (as thereafter amended, the "Joint Project Area Redevelopment Plan "); and WHEREAS, by Ordinance Nos. 1295 N.S., 67 -62, 75 -39, 2000 -009 and 2000 -010. the City Council and the Agency established the Plaza Project Area (hereafter, the "Plaza Project Area" and together with the Joint Project Area, collectively, the "Project Areas ") and adopted a redevelopment plan for the Plaza Project Area (as thereafter amended, the "Plaza Project Area Redevelopment Plan" and hereafter together with the Joint Project Area Redevelopment Plan, collectively, the "Redevelopment Plans "); and WHEREAS, the Agency is responsible for carrying out redevelopment of the Project Areas in accordance with the California Community Redevelopment Law (Health and Safety Code Sections 33000 et seq.) (the "CRL "), the Redevelopment Plans and the Implementation Plan adopted for the Redevelopment Plans pursuant to CRL Section 33490 (the "Implementation Plan "), including the construction and installation of public improvements consistent with the Redevelopment Plans and the Implementation Plan; and WHEREAS, the Agency has proposed the expenditure of up to Eleven Million Four Hundred Fifty Thousand Dollars (511,450,000) in tax increment funds for the construction of the Estudillo Callan Parking Garage, Project No. 08- 962 -86 -067 (the "Project ") within the Plaza Project comprised of the appropriation and expenditure of up to 5500,000 in funds from the available fund balance of the Plaza Project Area, the expenditure of up to 3400,000 in funds from the existing Plaza Project Area appropriation and the expenditure of up to 510,550,000 in funds from the existing Joint Project Area appropriation; and WHEREAS, Section 33445.1 of the CRL provides that a redevelopment agency may, with the consent of the legislative body, pay for all or a portion of the value of land for and the cost of the installation and construction of public improvements located outside the project area if the Agency and the legislative body determine that: