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RDA Resolution 2003-19 RESOLUTION NO. RA 2003-19 i A RESOLUTION OF THE REDEVELOPMENT AGENCY OF · THE CITY OF LA QUINTA MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445(a) AND AUTHORIZING THE EXPENDITURE OF FUNDS FOR THE FISCAL YEAR - 2003/2004 MISCELLANEOUS STREET IMPROVEMENTS, PROJECT NO. 2003-07 · WHEREAS, the Fiscal Year 2003/2004 Capital Improvement Plan (CIP) approved by the City Council on May 20, 2003 assigned RDA Project Area No. 1 funding toward miscellaneous sidewalk improvements to be identified on a project by project basis; and WHEREAS, on May 20, 2003, the City Council approved an SB 821 Program grant application in the amount of..$59,880 for the installation of a sidewalk on Avenida Bermudas between Avenue 52 and Calle Estado. The City Council was informed that the total cost of the proposed Sidewalk improvements was estimated at $74,850 and that the City's match wOuld be funded with the RDA Project Area No. 1 --- Funds (Account Number 401-000-493-000) set aside for sidewalk improvements in . the City's 2003-2004 ClP; and i ,-.~'-'; :,.i:· WHEREAS, on July 22, 2003, the City received notification that the Riverside County Transportation Commission (RCTC) approved $52,887 for use in the installation of the proposed Avenida Bermudas Sidewalk Improvements; and WHEREAS, on August 19, 2003, the City Council appropriated $205,206 from Gas Tax Funds and directed staff to implement the 2003/2004 Annual Pavement Preservation and Maintenance Program. The funding appropriation was assigned toward the recommended pavement rehabilitation improvements on Madison Street, from Vista Bonita to Avenue 52, and on Madison Street, from Avenue 56/Airport Boulevard to 2,640 linear feet north of Avenue 56/Airport Boulevard; and WHEREAS, there is inadequate fUnding within the City's General Fund or from other sources to construct the Fiscal Year 2003/2004 Miscellaneous Street ., Improvements, Project No. 2003-07; and · WHEREAS, it would be in the best interest of the public to construct the Fiscal Year 2003/2004 Miscellaneous Street Improvements, Project No. 2003-07. ~-- NOW, THEREFORE, BE IT RESOLVED, by the La Quinta Redevelopment ~ Agency as follows: Resolution RA 2003- La Fonda Street Enhancements Adopted: August 19, 2003 Page 2 SECTION 1. The above recitations are true and correct and are adopted as the findings of the Agency Board. .. SECTION 2. The Agency Board hereby authorizes Agency funding to be utilized for the Fiscal Year 2003/2004 Miscellaneous Street Improvements, Project No. 2003-07. SECTION 3. Pursuant to Health and Safety Code Section 33445(a), the Agency finds and determines that: A. The construction of the Fiscal Year 2003/2004 Miscellaneous Street Improvements, Project No. 2003-07 is of benefit to the Project Area. B. No other reasonable means of financing the improvements are available to the community. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta Redevelopment Agency held on this 4th day of November, 2003, by the following vote: AYES: Council Members Henderson, Osborne, Perkins, Sniff, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None DERSON, Chair La Quintet Redevelopment Agency ATTEST: J S. GREEK,'CMC, Agency Secretary La Quinta Redevelopment Agency (SEAL) Resolution RA 2003- La Fonda Street Enhancements Adopted: August 19, 2003 Page 3 · APPROVED AS TO FORM' M. KA3/HERINE JENSO ,l~Agency Counsel La Quinta Redevelopment Agency