Loading...
Rancho Palos Verdes Redevelopment Agency Outer Continental Shelf Lands Act (1986) II/ 41i GRANT AGREEMENT This Grant Agreement, dated as of May 1, 1986, is made by and between the City of Rancho Palos Verdes and the Rancho Palos Verdes Redevelopment Agency. For and in consideration of the mutual covenants and promises set forth herein, the Parties agree as follows: RECITALS This Grant Agreement is entered into with reference to the following facts: A. Pursuant to Chapter 1468 of the Statutes of 1985, the State Legislature has provided that of the amounts received from the settlement pursuant to Section 8(g) of the Outer Continental Shelf Lands Act as amended ( 43 U.S.C. S 1337(g) , two million dollars ($2,000,000) shall be second in allocation priority to the funds appropriated in Item 9675-101-890 of the Budget Act of 1985 (Chapter 111, Statutes of 1985) and shall be appropriated from the Federal Trust Fund to the Controller for transfer to the City of Rancho Palos Verdes, upon request of the City, for the purpose of aiding in the stabilization of the Portugese Bend Landside, for the expenditure categories provided below: w 411 111 • (1) Engineering/Administration - Engineering expenditures shall be for costs for the design, construction, and operation of the projects described in Subparagraphs ( 2) , (3) and (4) below. Administrative expenditures shall be for costs associated with management, oversight, and implementation of the projects described in subparagraphs ( 2) , (3) and ( 4) , below. (2) Dewatering - Dewatering expenditures shall be for costs to 'install dewatering wells, pipes, and pumps to transport subsurface water contributing to slide instability to the Pacific Ocean. ( 3) Surface water Drainage Systems - Surface water drainage expenditures shall be for costs to re-establish natural canyon drainage in various locations throughout the slide area and to maintain an adequate system for surface water runoff from the slide to the Pacific Ocean. (4) Grading - Grading expenditures shall be for land grading costs to close slide-created land fissures and to fill land depressions to prevent water ponding within the slide area. Grading expenditures also include the relocation of approximately 300,000 cubic yards of earth from points within the slide area at which it acts as a landslide driving force to points within the slide area at which it will provide a resistive force to slide action. -2- 860610 j I w 0075SLD(2) 411 111 B. California Health and Safety Code Section 33601 provides that a Redevelopment Agency may accept financial or other assistance from any public agency for any redevelopment project within its operation and may comply with any conditions of such grant. C. In furtherance of the objectives of the Redevelopment Law, the Agency has undertaken a program for the redevelopment of blighted areas in the City, and in this connection, has undertaken and is now carrying out the respon- sibility for the redevelopment of the Project Area pursuant to and in furtherance of the Redevelopment Plan. D. The Agency and the City have adopted the Redevelopment Plan providing for the redevelopment of the Project Area by undertaking such actions as may be appropriate to abate the geologic hazards, including the Portugese Bend Landslide, in the Project Area and to relocate and reconstruct, Palos Verdes Drive South. ARTICLE I DEFINITIONS Section 1.01. Agency. "Agency" means the Rancho Palos Verdes Redevelopment Agency, a public body, corporate and politic, organized and existing pursuant to the Constitution and laws of the State of California. -3- 860610 jlw 0075SLD(2) 410 110 Section 1.02. City. "City" means the City of Rancho Palos Verdes, a municipal corporation, organized and existing pursuant to the Constitution and laws of the State of California. Section 1.03. Grant Agreement. "Grant Agreement" means this Grant Agreement dated as of May 1, 1986, between the City and the Agency. Section 1.04. Party. "Party" means any party to this Agreement. Section 1. 05. Project Area. "Project Area" means the territory included within Project Area No. 1 of the Agency. Section 1.06. Redevelopment Law. "Redevelopment Law" means the Community Redevelopment Law (California Health and Safety Code Sections 33000, et seq. ) Section 1.07. Redevelopment Plan. "Redevelopment Plan" means the Redevelopment Plan for the Project Area. ARTICLE II GRANT Section 2.01. Grant. The City hereby grants to the Agency the sums appropriated and transferred to the City as specified in Paragraph A of the Recitals hereof. Section 2.02. Use of Grant Proceeds. The Agency shall expend the proceeds of the grant solely for the purposes set forth in Paragraph A of the Recitals hereof. -4- 860610 j I w 0075SLD(2) 411 110 Section 2.03. Accountability. The Agency shall provide to the City an accounting of the receipts and expendi- tures of the grant proceeds in such form and manner as may be required of the City by the State of California. In the event the State of California does not establish regulations govern- ing the form and manner of such accounting, the Agency shall account for such funds in the form and manner as the State controller has established for the accounting by local agencies of funds from the Highway Users Tax Account of the Transporta- tion Tax Fund pursuant to §§2150-2158 of Chapter 4, Division 3, of the California Streets & Highways Code. The purpose of this Section 2.03 is to establish the standards for the accounting of funds expended by the Agency pursuant to this agreement and nothing herein shall be construed as limiting in any way the purposes for which said funds may be expended. Section 2.04 . Hold Harmless and Indemnification. The Agency shall hold harmless, indemnify and defend the City and its officers, employees and agents from and against any and all claims, causes of action, and liability arising out of or in -5- 860610 j 1 w 0075SLD(2) • 411 110 any way related to the activities of the Agency undertaken pursuant to this agreement. IN WITNESS WHEREOF THE PARTIES HAVE CAUSED THIS GRANT AGREEMENT TO BE EXECUTED. CITY OF RANCHO PALOS VERDES 73-yi- I VOR ATTEST: 1?A / . C CL RK RANCHO PALOS VERDES REDEVELOPMENT AGENCY CTAIRMAN All AP ATTEST: 41) / SECRET 'Y -6- 860610 j I w 0075SLD(2)