RDA Resolution 2011-028RESOLUTION NO. RA 2011-028
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT
AGENCY OF THE CITY OF LA QUINTA CALIFORNIA
CONSENTING TO THE EXPENDITURE OF FUNDS FOR THE
HIGHWAY 111 UTILITY UNDERGROUNDING, AND
MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND
SAFETY CODE SECTION 33445(a) WITH RESPECT TO THE
AGENCY'S EXPENDITURES
WHEREAS, the Highway 111 Utility Undergrounding are located in La Quinta
Redevelopment Project Area No. 2 (the "Project Area "); and
WHEREAS, the construction and installation of the Highway 111 Utility
Undergrounding would afford the Redevelopment Agency the opportunity to address
the blighted conditions, in as much as this is one of the few remaining locations along
Highway 1 1 1 were the lines are not underground, which creates visual blight; and
WHEREAS, there is inadequate funding within the City's General Fund,
Development Impact Fee Fund or from other sources to construct the proposed
Highway 1 1 1 Utility Undergrounding, in that (1) the City's General Funds are needed
to provide essential public services, such a police services and maintenance of existing
public improvements, (2) payments into the City's Development Impact Fee Fund have
sharply declined with the economic downturn, and (3) the amounts currently on
deposit in Development Impact Fee Fund are needed for other public infrastructure
projects and to fund the repayment of certain financing and reimbursement agreements
and;
WHEREAS, proceeding with the construction and installation of the Highway
111 Utility Undergrounding at this point in time will help to stimulate the local
economy by providing local jobs and construction - related expenditures; and
WHEREAS, it would be in the best interest of the public to construct and install
the Highway 111 Utility Undergrounding.
NOW, THEREFORE, BE IT RESOLVED, by the La Quinta Redevelopment Agency
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 Agency Board.
SECTION 2. The Agency Board hereby appropriates Agency funding to be utilized for
the Highway 111 Utility Undergrounding from Project Area No: 2 in the amount of
$220,500. The Executive Director is authorized to execute the public works contract
for the project in order to acknowledge the Agency's obligation to'provide the funding
for the contract. „ i
Resolution 2011 -028
Appropriating RDA Project Area No. 2 Funds
Highway 111 Utility Undergrounding, Project 2009 -14
Adopted: June 28, 2011
Page 2
SECTION 3. Pursuant to Health and Safety Code Section 33445(a), the Agency finds
and determines that:
A. The construction and installation of Highway 111 Utility Undergrounding is of
benefit to the Project Areas and to the immediate neighborhoods in which the
improvements are located.
B. No other reasonable means of financing the Highway 111 Utility Undergrounding
are available to the community at this point in time.
C. The Highway 111 Utility Undergrounding will assist in the elimination of one or
more blighted conditions inside the Project Areas, and are consistent with the
Redevelopment Agency's implementation plan adopted pursuant to Section
33490.
PASSED, APPROVED and ADOPTED at a special meeting of the La Quinta
Redevelopment Agency held on this 28th day of June 2011, by the following vote:
AYES: Agency Members Adolph, Evans, Franklin, Chair Henderson
NOES: None
ABSENT: Agency Member Sniff
ABSTAIN: None
TERRY HgNDERSON, Chairperson
La Quir tal Redevelopment Agency
n
— - — . 6' kn ivy
VE83b1VICA J. ONTECINO,.CMC, Secretary
LO Re 6veloiment Agency
(AGENCY. SEAL).
i y
r� y
Resolution 2011 -028
Appropriating RDA Project Area No. 2 Funds
Highway 111 Utility Undergrounding, Project 2009 -14
Adopted: June 28, 2011
Page 3
APPROVED AS TO FORM:
zt
M. KATHERINE JENSO Agency Counsel
La Quinta Redevelopment Agency