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RDA Resolution 2000-15 RESOLUTION NO. RA 2000-15 A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY APPROVING AND AUTHORIZING THE APPROPRIATION OF FUNDING FOR THE ACQUISITION OF PROPERTY FOR AN EXCLUSIVE RIGHT TURN LANE ON THE SOUTHEAST CORNER OF WASHINGTON STREET AND HIGHWAY 111 AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH WHEREAS, the La Quinta Redevelopment Agency (the "Agency") is engaging in activities necessary to carry out and implement the Redevelopment Plan (the "Redevelopment Plan") for La Quinta Redevelopment Project Area No.2 (the "Project" of the "Project Area"); and; WHEREAS, one of the specified activities in the Redevelopment Plan is the assistance with rehabilitating or constructing certain public improvements, including, but not limited to, public street improvements; and WHEREAS, the City Council of the City of La Quinta has adopted a Resolution of Necessity relating to the acquisition of APN 604-050-011 for the Washington Street right turn lane at Highway 111 in La Quinta within the Project Area; and WHEREAS, pursuant to Health and Safety Code Section 33445, the evidence demonstrates that: (1) the acquisition of the property needed for these street improvements is of benefit to the Project Area and the immediate neighborhood of the street improvements since it will improve the flow of traffic, enhance vehicular safety at the intersection, and reduce vehicular delays; (2) no other reasonable means of financing the acquisition are available to the community, in thacGeneran:unds are not available and no other funding source has been identified; and (3) the payment of - - funds for the acquisition and construction of improvement will assist in-the elimination of one or more blighting conditions inside the Project Arei_.sinc€. the Highway 111/Washington Street intersection has been identified as an "imp-acted intersection" with insufficient capacity for the current and anticipated future traffic levels. NOW, THIEREFORE, THE LA QUINTA REDEVELOPMENT AGENCY DOES HEREBY FIND AI\ID RESOLVE AS FOLLOWS: Section 1. The above recitals are incorporated as true and correct and are hereby adopted as the findings of the Board of the La Quinta Redevelopment Agency. Section 2. The Board hereby approves the Redevelopment Agency's appropriation of the funds necessary to acquire the Property. Resolution No. RA 2000-15 FundinglProperty Acquisition SE CornerlWashington & Hwy 111 Adopted: December 5. 2000 Page 2 PASSED, APPROVED and ADOPTED at a regular' meeting of the La Quinta Redevelopment Agency held on this 5TH day of December, 2000, by the following vote, to wit: AYES: Members Adolph, Pena, Perkins, Sniff, Chair Henderson NOES: None ABSENT: None ABSTAIN: None TERRY H DERSON, Chair Person La Quinta Redevelopment Agency ATTEST: ~-:~~- ,.g) Jur-kl. ~EEK, CMe, Agency Secretary La- Quinta .Redevelopment Agency (Agericy Seal)~. : F /" '" .-:.~. - -, :- APPROVED AS TO FORM: f}I). f L M. KATH RINE JENS ,Agency Counsel La Quinta Redevelopment Agency