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RDA Resolution 2007-015 RESOLUTION NO. RA 2007-015 A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY OF THE CITY OF LA QUINTA, CALIFORNIA, MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTIONS 33445(a) WHEREAS, the La Quinta Redevelopment Agency ("Agency") is a public body, corporate and politic, organized and existing under the California Community Redevelopment Law (Health & Safety Code 33000 et seq.); and WHEREAS, the California Community Redevelopment Law, at Health and Safety Code Section 33445, requires before the Agency may pay for the cost of publicly owned improvements, the Agency and City Council must adopt a resolution making certain findings; and WHEREAS, on August 7, 2007, the Agency approved the plans, specifications, and engineer's estimate for a Temporary Parking Lot at SilverRock Resort, Project No. 2007-14. NOW, THEREFORE, BE IT RESOLVED, by the La Quinta Redevelopment Agency, as follows: SECTION 1. The above recitations are true and correct and are adopted as findings of the Agency Board. SECTION 2. The Agency Board hereby authorizes Agency funding up to $186,283 to be utilized for the Temporary Parking Lot at SilverRockResort. SECTION 3. Pursuant to Health and Safety Code 33445(a), the Agency finds and determines that: A. The improvements included in Project No. 2007-14 will be located within the Project Area and thus will provide recreational facilities and opportunities for the residents, businesses, property owners, and others located within the Project Area, as well as the City at-large. B. That no other reasonable means of financing the buildings, facilities, structures, landscape and other improvements are available to the community other than Agency funding. Resolution No. RA 2007. 015 PN 2007-14 SRR Parking Adopted: October 12, 2007 Page 3 C. The improvements included in Project No. 2007-14 will assist in the elimination of one or more blighting conditions inside and around the perimeter of the Project Area, and are consistent with the Agency's Implementation Plan adopted pursuant to Health and Safety Code Section 33490. PASSED, APPROVED, and ADOPTED at a special meeting of the La Quinta Redevelopment Agency held on this 12th day of October 2007, by the following vote to wit: AYES: Board Members Adolph, Henderson, Sniff, Vice Chairman Kirk NOES: None ABSENT: None ABSTAIN: Chairman Osborne ATTEST: '. V RONICA J. MO CINO, Agency Secretary La Quinta Redevelopment Agency (Agency Seal) APPROVED AS TO FORM: