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Resolution 13320CITY OF ALAMEDA RESOLUTION NO.13 3 2 0 AUTHORIZING AN ADVANCE OF FUNDS FROM THE GOLF COURSE ENTERPRISE ACCOUNT TO THE ALAMEDA REUSE AND REDEVELOPMENT AUTHORITY FUND WHEREAS, the Alameda Reuse and Redevelopment Authority ( "ARRA ") was duly organized pursuant to a Joint Exercise of Powers Agreement, dated as of April 5, 1994, and amended on February 2, 2000, by and between the City and the Community Improvement Commission of the City of Alameda, for the purpose of acquisition from the U.S. Navy and economic redevelopment of the former Alameda Naval Air Station ( "NAS ") property, now known as Alameda Point; and WHEREAS, the NAS Community Reuse Plan prepared for and adopted by the ARRA in January, 1996, presents the Northwest Territories Open Space/Recreation Area (which is a portion of Alameda Point) as an area available for development for recreation uses, including, but not limited to, a golf course, club house and supporting retail multi -use supporting uses; and WHEREAS the ARRA is currently the lessee under a Lease in Furtherance of Conveyance of the Northwest Territories; and WHEREAS, In July, 1998 the ARRA completed a study to determine the feasibility of developing a municipal golf course in the Northwest Territories of Alameda Point; and WHEREAS, the City of Alameda, under the advice and guidance of the Alameda Golf Commission, owns and operates the Chuck Corrica Golf Complex, a municipal golf course and maintains a Golf Course Enterprise Account; and WHEREAS, on November 4, 1998, ARRA requested the Golf Commission to research the best possible direction to take in developing the a municipal golf course at Alameda Point; and WHEREAS, on September 20, 2000, the Golf Commission unanimously recommended that ARRA continue to work on developing the initially- conceived 18 hole golf course and furthermore recommended that the City loan ARRA $300,000 from the Golf Course Enterprise Account for the purpose of assisting financing predeveloprnent activities for the Alameda Point Golf Course and Conference Center, to be repaid as soon as other funding becomes available through project financing; and WHEREAS, the ARRA, in conducting predevelopment activities leading to the development of a municipal golf course is performing a public function of the City and may have access to services and facilities of the City; and WHEREAS, expenditures related to predevelopment activities of a future, potentially municipally owned and operated golf course are a legitimate expenditure of Golf Course Enterprise funds; and WHEREAS, on November 15, 2000, ARRA directed staff to undertake predevelopment activities for development of an 18 -hole championship golf course, hotel, conference center and spa on 214.5 acres in the Northwest Territories of Alameda Point; and NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Alameda hereby advances to ARRA, and directs and authorizes the Finance Director of the City to establish a budget encumbrance for City obligations under this advance in the amount of $300,000, principal only to be repaid as soon as other funding becomes available through project financing. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 6th day of March, 2001, by the following vote to wit: AYES: Councilmembers Daysog, DeWitt, Johnson, Kerr and Mayor Appezzato - 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 7th day of March, 2001. Diane Felsch, City Clerk City of Alameda