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RDA Resolution 2006-003 RESOLUTION NO. RA 2006-003 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 La Quinta City Council approved an S8 821 Program grant application in the amount of $25,099 for the installation of a sidewalk on south side of Westward HoDrive from the corner of Dune Palms to a point approximately 650 linear feet east; and WHEREAS, the total cost of the proposed sidewalk improvements is estimated at $ 50, 198. The City of La Quinta is committed to provide match funding equal to 500/0 ($ 25 ,099) of the estimated project costs; and " WHEREAS, the City La Quinta's funding share was identified to be provided by the City's Redevelopment Agency. 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. (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 Board therefore authorizes funding from Redevelopment Agency Project Area No.2 to serve as the City of La Quinta's 500/0 match for the acquisition costs of the Facilities. PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta Redevelopment Agency held on this 21st day of March 2006, by the following vote to wit: ResolUtion No. RA 2006-003 Sidewalk Improvements I Project No. 2004':'07A Westward Ho Drive & Dune Palms Road March ·21, 2006 Page 2 A YES: Members Adolph, Henderson, Kirk, Sniff, Chairman Osborne NOES: None ABSENT: None ABSTAIN: None ~~CYChair La Quinta Redevelopment Agency ATTEST: ~.. .-d~.~ JUN. -EEK, CMC, Agency S- - -arý La Guinta Redevelopment Agency (Agency Seal) APPROVED AS TO FORM: - .- -..- - ~---_._.---_.- -. ---