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20040511 r-04-26RESOLUTION NO. R-04-26 A RESOLUTION APPROVING THE CITY OF FAIRFAX REGIONAL LIBRARY PROJECT DEVELOPMENT AGREEMENT BETWEEN THE CITY AND FAIRFAX COUNTY. WHEREAS, the City, in conjunction with Fairfax County, has determined that in connection with the redevelopment of Old Town Fairfax, it is desirable to either (i) construct a new regional library consisting of approximately 45,000 square feet with 200 parking spaces, or more if feasible, on the North Street Parking Lot site; or (ii) renovate and expand the current regional library at the existing library site; and WHEREAS, these library improvements will be funded by the City through the issuance of bonds, and the monies required to be paid by the City to the County for non- capital costs and expenses of library services in accordance with the 2003 General Services Agreement will be used to pay the debt service on the bonds; and WHEREAS, in order to proceed with the library improvements, it is necessary to enter into the City of Fairfax Regional Library Project Development Agreement with Fairfax County, which sets forth the scope of the library improvements and the obligations of the City and Fairfax County with respect to the improvements. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Fairfax that the City of Fairfax Regional Library Project Development Agreement with Fairfax County is hereby approved, and the Mayor is hereby authorized to execute the Agreement on behalf of the City. ADOPTED this 11th day of May, 2004. DATE Attest: City Clerk VOTE: J. Cross Aye J. Greenfield Aye G. Lyon Aye G. Rasmussen Absent S. Silverthome Aye P.Winter Aye