RDA Resolution 2002-01 RESOLUTION NO. RA 2002-01
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY OF THE
CITY OF LA QUINTA, CALIFORNIA, MAKING CERTAIN FINDINGS
PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445(a)
WHEREAS, the City Council on November 20, 2001, approved proceeding with
improvements to the Civic Center Campus ("Campus Improvements"), all of which are
publicly owned improvements;
WHEREAS, the Campus Improvements are located in the La Quinta
Redevelopment Agency's Project Area 1, and will enhance the public's use Project
Area 1;
WHEREAS, there is inadequate funding available from the Park and Recreation
Developer Impact Fund to proceed with the Campus Improvements at this point in
time;
WHEREAS, it would be in the best interest of the public for the Campus
Improvements to be installed at this point in time;
NOW, THEREFORE, BE IT RESOLVED by the La Quinta Redevelopment Agency
of the City of La Quinta, California, as follows'
SECTION 1. Pursuant to Health and Safety Code Section 33445(a), the La
Quinta Redevelopment Agency finds that:
(a) That the Campus Improvements will be of benefit to the Project Area and to
the immediate neighborhood in which the Campus Improvements will be located.
(b) That no other reasonable means of financing the Campus Improvements are
available to the community at this time, in the City's Park & Recreation Developer
Impact Fee fund currently does not have sufficient funds to pay for the construction,
and will not accumulate sufficient funds for that purpose within the near future.
(c) That the payment of funds for the acquisition of the Campus Improvements
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 La Quinta Redevelopment Agency authorizes the execution of
the Financing Agreement for the purpose of providing funding for the Campus
Improvements, subject to repayment from the City's Parks & Recreation Developer
Impact Fee fund in the future.
Resolution No. RA 2002-01
Financing Agreement / Campus Improvements
January 15, 2002
Page 2
PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta
Redevelopment Agency held on this 15~ day of January, 2002, by the following vote:
AYES: Members Adolph, Sniff, Chair Henderson
NOES: None
ABSENT: Council Member Perkins, Mayor Pe~a
ABSTAIN: None
ATTEST:
JU~E S~ GREEK, CML;, Agency Secretary
La Quinta Redevelopment Agency
(Agency Seal)
APPROVED AS TO FORM'
A/I. KATH~ilNE JENSON, Counsel
La Quinta Redevelopment Agency