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RDA Resolution 2001-08RESOLUTION NO. RA 2001-08 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF LA QUINTA, CALIFORNIA, MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445(a) WHEREAS, the Redevelopment Agency approved the conceptual plan for the prototypical street, Calle Estado on October 19, 1999; and WHEREAS, the construction of Calle Estado included the installation of decorative sidewalk pavers; and WHEREAS, Avenida La Fonda is designed with the same enhancements that are presently installed on the protypical street Calle Estado; and WHEREAS,, Granite Construction ordered twice as many pavers as required for the completion of Calle Estado; and WHEREAS, Granite Construction has offered the Agency the additional pavers at 75% cost; and WHEREAS, Avenida La Fonda street enhancement project is identified in the approved CIP to be constructed during fiscal year 2002/2003; and WHEREAS, the Redevelopment Agency will realize a cost savings in the amount of 25% and any future increases to the cost of pavers due to inflation by purchasing the pavers now; and WHEREAS,, by purchasing the additional pavers ("the Facilities") at this time the City is assured consistency with the pavers on Calle Estado. NOW., THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of La Quinta, California, as follows: SECTION 1. Pursuant to Health and Safety Code Section 33445(a), the Redevelopment Agency finds that: (a) That the Facilities will be of benefit to the project area and to the immediate neighborhood in which the Facilities will be located. (b) That no other reasonable means of financing the Facilities are available to the community. Resolution No. RA 2001-08 Pavers / La Fonda Area November 6, 2001 Page 2 (c) That the payment of funds for the acquisition of the Facilities will assist in the elimination of one or more blighting conditions inside the project area and is consistent with the implementation plan adopted pursuant to Section 33490. SECTION 2. The Redevelopment Agency therefore consents to the La Quinta Redevelopment Agency funding of the acquisition costs of the Facilities. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta Redevelopment Agency held on this 6 th day of , November 2001, by the following vote to wit: AYES: Members Adolph,, Pen"a,, Perkins,, Sniff, Chair Henderson NOES: None ABSENT: None ABSTAIN: None TERRY ENDERSON, Chair La Quin a Redevelopment Agency ATTEST: 4 400OAs-0 0q JUk�. GREEK, CIVIC, Ag;4y Secretary La Quinta Redevelopment Agency (Agency Seal) Resolution No. RA 2001-08 Pavers / La Fonda Area November 6, 2001 Page 3 APPROVED AS TO FORM: M. KATHEIANE JENSON,ZAgency Cou-t::n7sel La Quinta Redevelopment Agency