Report to Mayor and City Council
Tuesday, January 23, 2024
Consent
SUBJECT:
Title
CONSIDER RESCINDING RESOLUTION NO. 23-203 AND APPROVING RESOLUTION NO. 24-012, "A RESOLUTION OF THE CITY OF CARSON CITY COUNCIL AMENDING THE FISCAL YEAR 2023-24 BUDGET IN THE AMOUNT OF AN $26,000,000 FOR THE PURPOSE OF EFFECTUATING AN ECONOMIC DEVELOPMENT BENEFIT AGREEMENT WITH THE CARSON RECLAMATION AUTHORITY AND CAM-CARSON, LLC FOR THE DEVELOPMENT OF A RETAIL DEVELOPMENT ON THE FORMER CAL-COMPACT LANDFILL"
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I. SUMMARY
On December 19, the City Council approved Resolution No. 23-201 in conjunction with the Economic Development Benefit Agreement between the City and the Carson Reclamation Authority. There were errors in that resolution and staff was informed that a new resolution provided by the Finance Department, Resolution No. 23-203, must be adopted instead.
It turns out that Resolution 23-203, provided by Finance, was also incorrect. Finance has provided a new resolution, Resolution No. 24-012, to adopt instead. This action is to rescind Resolution No. 23-203 and adopt Resolution No. 24-012.
II. RECOMMENDATION
Recommendation
1. RESCIND Resolution No. 23-203.
2. APPROVE Resolution No. 24-012, A RESOLUTION OF THE CITY OF CARSON CITY COUNCIL AMENDING THE FISCAL YEAR 2023-24 BUDGET IN THE AMOUNT OF AN $26,000,000 FOR THE PURPOSE OF EFFECTUATING AN ECONOMIC DEVELOPMENT BENEFIT AGREEMENT WITH THE CARSON RECLAMATION AUTHORITY AND CAM-CARSON, LLC FOR THE DEVELOPMENT OF A RETAIL DEVELOPMENT ON THE FORMER CAL-COMPACT LANDFILL"
3. AUTHORIZE the Mayor to execute all documents related to the resolution in a form acceptable to the City Attorney.
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III. ALTERNATIVES
TAKE another action the Council deems appropriate.
IV. BACKGROUND
See above.
V. FISCAL IMPACT
The fiscal impact has not changed.
VI. EXHIBITS
1. Resolution No. 24-012 (pgs. 3-5).
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Prepared by: John S. Raymond, Assistant City Manager