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CC Resolution 2000-167 RESOLUTION NO. 2000-167 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA APPROVING AND AUTHORIZING THE APPROPRIATION OF FUNDING BY THE LA QUINTA REDEVELOPMENT AGENCY FOR ACQUISITION OF PROPERTY FOR AN EXCLUSIVE RIGHT TURN LANE ON THE SOUTHEAST CORNER OF WASHINGTON STREET AND HIGHWAY 111 AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH WHEREAS, the La Quinta Redevelopment Agency (the "Agency") is engaging in activities necessary to carry out and implement the Redevelopment Plan (the "Redevelopment Plan") for La Quinta Redevelopment Project Area No. 2 (the "Project" of the "Project Area"); and WHEREAS, one of the specified activities in the Redevelopment Plan is the assistance with rehabilitating or constructing certain public improvements, including, but not limited to, public street improvements; and WHEREAS, the City Council of the City of La Quinta has adopted a Resolution of Necessity relating to the acquisition of APN 604-050-011 for the Washington Street right turn lane at Highway 111 in La Quinta within the Project Area; and WHEREAS, pursuant to Health and Safety Code Section 33445, the evidence demonstrates that: (1) the acquisition of the property needed for these street improvements is of benefit to the Project Area and the immediate neighborhood of the street improvements since it will improve the flow of traffic, enhance vehicular safety at the intersection, and reduce vehicular delays; (2) no other reasonable means of financing the acquisition are available to the community, in that General Funds are not available and no other funding source has been identified; and (3) the payment of funds for the acquisition and construction of improvement will assist in the elimination of one or more blighting conditions inside the Project Area since the Highway 111/Washington Street intersection has been identified as an "impacted intersection" with insufficient capacity for the current and anticipated future traffic levels. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LA QUINTA DOES HEREBY FIND AND RESOLVE AS FOLLOWS: Section 1. The above recitals are incorporated as true and correct and are hereby adopted as the findings by the City Council. Resolution No. 2000-',167 Authorizing Funding/Property Acquisition Adopted: December 5, 2000 Page 2 Section 2. The City Council hereby approved the Agency's appropriation of the funds necessary to acquire the Property. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council held on this 5th day of December, 2000, by the following vote, to wit: AYES: Council Members Adolph, Henderson, Perkins, Sniff, Mayor Pe~a NOES: None ABSENT: None ABSTAIN: None ~~ ~ JO City of La Quinta, California ATTEST: N E JU C City of La Quinta, California (City Seal) APPROVED AS TO FORM: M. KATH~R~NE~/JENSON~~ey City of La Quinta, California