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RDA Resolution 2003-24 RESOLUTION NO. RA 2003-24 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 REFURBISHMENT OF THE VILLAGE PARKING LOT WHEREAS, on the 6th day of May, 2003, the La Quinta City Council (the "City Council") approved the 2003-2004 Economic Development Plan which includes implementation policies supporting enhancement of the Village commercial area; and WHEREAS, the City Council accepted the Phase VI-A, Village Commercial Area Improvements, on October 1, 2002; and WHEREAS, the Redevelopment Agency participated in the funding of the Phase VI-A Commercial Improvements; and WHEREAS,. the Phase VI-A Improvements included the installation of turf block and turf within the City-owned parking lot at the corner of Avenida Bermudas and Avenida Montezuma; and WHEREAS, the parking lot improvements are not performing as desired. Continued vehicle traffic within the drive isles has led to over compaction of the turf block cells preventing water from penetrating the soil; and WHEREAS, new commercial development within the Village will increase the parking demand and further exacerbate the problem; and WHEREAS, there is inadequate funding within the City's General Fund or from other sources to refurbish the Village Parking Lot; and WHEREAS, it would be in the best interest of the public to refurbish the Village Parking Lot. NOW, THEREFORE, BE IT RESOLVED, by the La Quinta Redevelopment Agency as follows: SECTION 1. The above recitations are true an.~ correct and are adopted as the findings of the AgencY Board. -- Resolution No. RA 2003-24 Village Parking Lot Adopted: December 16, 2003 Page 2 SECTION 2. The Agency Board hereby authorizes Agency funding to be utilized for the refurbishment of the City-owned parking lot within the Village. SECTION 3. Pursuant to Health and Safety Code Section 33445(a), the Agency finds and determines that: A. The refurbishment of the. Village Parking Lot is of benefit to the Project Area. B. No other reasonable means of financing the improvements are available to the Community. C. The refurbishing the Village Parking Lot will assist in the elimination of one or more blighting conditions inside the Project Area, including need for improvement to the infrastructure within the Village commercial area, and is consistent with the implementation plan adopted by the Agency pursuant to Health and Safety Code Section 33490. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta Redevelopment Agency held on this 16th day of December, 2003, by the following vote: AYES' Members Adolph, Osborne, Perkins, Sniff, Chair Henderson NOES: None ABSENT: None ABSTAIN' None TERRY~IENDERSON, Chair La Quin~ta Redevelopment Agency ATTEST: ~J N~S~GREE~,"CMC~-A'g~-~-~ ~ecretary i. a L~uinta Redevelopment Agency , Resolution No. RA 2003-24 Village Parking Lot Adopted: December 16, 2003 Page 3 APPROVED AS TO FORM: M. kA3~HE-Rl~"J~NSO~gency C~msel La Quinta Redevelopment Agency