TITLE
Recommendation to adopt resolution authorizing City Manager to execute the Second Amendment to the Joint Powers Agreement creating the Spring Street Corridor Joint Powers Authority.
(Districts 4,5,6,7)
DISCUSSION
In January 1995, the Spring Street Corridor Joint Powers Authority (JPA) was created between the City of Signal Hill, the City of Long Beach, the Signal Hill Redevelopment Agency and the Redevelopment Agency of the City of Long Beach to provide for the development of certain facilities and improvements in the Spring Street Corridor.
Initially, the general boundaries of the Spring Street Corridor were established as the San Diego Freeway to the north, Orange Avenue to the east, Willow Street to the south and Atlantic Avenue to the west (Exhibit A). The JPA is governed by a Board of Directors (JPA Board) composed of four members of the Long Beach City Council (Districts 4, 5, 6, and 7), the Chairman of the Long Beach Redevelopment Agency and the five members of the Signal Hill City Council, who also sit as the Signal Hill Redevelopment Agency.
In 1996, the Joint Powers Agreement (Agreement) was amended for the first time to modify the boundaries of the Spring Street Corridor Area. Two additional parcels located at the southeast and southwest corners of Redondo Avenue and Willow Street (Exhibit B) were added to effectuate an Owner Participation and Implementation Agreement by and between the participating agencies and Office Depot, Inc.
During the past ten years, the projects identified for improving the Spring Street Corridor have been completed with the exception of the Sports Park, which is anticipated to begin construction within the next two years. In response to the diminishing amount of work that needs to be done, the JPA Board has approved the following changes to the
Agreement:
ยท The Annual Meeting held on the last Thursday in June of each year will be a Biennial Meeting held once every two years at such time and place as the JPA Board o...
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