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RDA Resolution 2007-014 RESOLUTION NO. RA 2007-014 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) AND AUTHORIZING THE EXPENDITURE OF FUNDS FOR THE CITYWIDE TRAFFIC SAFETY IMPROVEMENTS WHEREAS, the Citywide Traffic Safety Improvements, Project Number 2006-16; are located in La Quinta Redevelopment Project Area No.2 (the "Project Area"); ahd WHEREAS, the Citywide Traffic Safety Improvements, Project Number 2006-16, consist of the installation of an emergency flashing beacon on Adams street adjacent to La Quinta Fire Station No. 93, minor modifications to the existing traffic signal at the intersection of Adams Street and Fred Waring Drive, and installation of the Westward Ho Drive Pedestrian Activated Crosswalk; and WHEREAS, the locations in which these improvements will be installed are docUl:nented as a condition of blight within the Project Area; and WHEREAS, the construction of the Citywide Traffic Safety Improvements would afford the City's Redevelopment Agency the opportunity to address the aforemelltioned condition of blight; and WHEREAS, there is inadequate funding within the City's General Fund or from other sources to construct the Citywide Traffic Safety Improvements; and ! WHEREAS, it would be in the best interest of the public to construct the Citywide Traffic Safety Improvements. NOW, THEREFORE, BE IT RESOLVED, by the La Quinta Redevelopment Agency as follows: SECTION 1. The above recitals 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 Citywide Traffic Safety Improvements. SECTION 3. Pursuant to Health and Safety Code Section 33445(a). the Agency finds and determines that: . Resolution RA 2007-014 CW Traffic Safety Adopted: October 2. 2007 Page 2 A. The construction of the Citywide Traffic Safety Improvements is of benefit to the Project Area and to the immediate neighborhoods in which the Improvements are located. B. No other reasonable means of financing the improvements are available to the community. C. The Citywide Traffic Safety Improvements will assist in the elimination of one or more blighting conditions inside the Project Area, and is consistent with the Redevelopment Agency's implementation plan adopted pursuant to Section 33490. PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta Red~velopm.ent Agency held on this 2nd day of October, 2007, by the following vote: AYES: Board Members Adolph, Henderson, Kirk, Sniff, Chairman Osborne NOES: None ABSENT: None ABSTAIN: None - M. BORNE, Chairman La Quinta Redevelopment Agency ATTEST: R NICA J. MO INO, Agency Secretary La Quinta Redevelopment Agency (Agency Seal) , Resolution RA 2007-014 CW Traffic Safety Adopted: Octe>>ber 2, 2007 Page 3 APPROVED AS TO FORM: / \ K_ M. KATHERINE J N, Agency Counsel La Quinta Redevelopment Agency