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CC Resolution 2011-005RESOLUTION NO. 2011 - 005 A RESOLUTION OF THE LA QUINTA CITY COUNCIL OF THE CITY OF LA QUINTA CALIFORNIA MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445 AND CONSENTING TO THE EXPENDITURE OF FUNDS TO PURCHASE A TAX- DEFAULTED PROPERTY FROM THE RIVERSIDE COUNTY TREASURER-TAX COLLECTOR WHEREAS, the parcel (APN 770-152-007) is located in La Quinta Redevelopment Project Area No. 1 (the "Project Area"); and WHEREAS, the purchase and improvement of the parcel would afford the Redevelopment Agency the opportunity to address the blighting conditions; and WHEREAS, there currently is inadequate funding within the City's General Fund or from other sources to purchase the parcel or to construct the public improvements on the parcel, which improvements will improve the appearance of the area and will enhance pedestrian access within the Village. Should funding for the acquisition become available from the General Fund, General Fund monies may be used if necessary; and WHEREAS, it would be in the best interest of the public for the City to purchase the property and to improve the property. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of La Quinta, California, as follows: SECTION 1. The above recitals are true and correct and are adopted as the findings of the City Council ~ , SECTION 2. The City Councilhereby consents to Agency funding or General Funds if available and necessary, to be utilized for the purchase of the property from the Riverside County Treasurer-Tax Collector. SECTION 3. Pursuant to Health and Safety Code Section 33445, the City Council finds and determines that: A. The purchase of the property and its improvement will be a direct benefit to the Project Area and to the immediate neighborhoods in which the property is located. The benefits include improvement of pedestrian access within the Village and the beautification of the area. B. No other reasonable means of financing the purchase and development of the Resolution 2011-005 Findings for Tex-Defauked Property Purchase Adopted: January 18. 2011 Page 2 property is available to the community. C. The purchase and improvement of the property will assist in the elimination of one or more blighting conditions inside the Project Area, and is consistent with the Redevelopment Agency's implementation plan adopted pursuant to Section 33490. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council held on this 18th day of January 201 1, by the following vote: AYES: Council Members Evans, Franklin, Henderson, Sniff, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None ` NW DON ADOL H, MA OR City of La Quinta, California ATTES APPROVED AS TO FORM: ,~ e t~. '-` , ~-,; .~ ly` - ,~ _ VERONICA . MONTECINO, CMC, City Clerk ~_ - - City of L Uinta, California -=P , . `~\ - . .~ - ~: (CITY SEAL) '~ -". i. v t - v ~-- ~ . KATHERINE JENS ,City A City of La Quinta, California