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CC Resolution 2007-092 RESOLUTION NO. 2007-092 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA GUINTA, CALIFORNIA MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445{a} AND AUTHORIZING THE EXPENDITURE OF FUNDS FOR EISENHOWER DRIVE PAVEMENT REHABILITATION IMPROVEMENTS WHEREAS, the Eisenhower Drive Pavement Rehabilitation Improvements are located in La Quinta Redevelopment Project Area No.1 (the "Project Area"); and WHEREAS, Eisenhower Drive is documented as a condition of blight within the Project Area; and WHEREAS, the construction of the Eisenhower Drive Pavement Rehabilitation Improvements would afford the City's Redevelopment Agency the opportunity to address the aforementioned condition of blight; and WHEREAS, there is inadequate funding within the City's General Fund or from other sources to construct the Eisenhower Drive Pavement Rehabilitation Improvements; and WHEREAS, it would be in the best interest of the public to construct the Eisenhower Drive Pavement Rehabilitation Improvements. NOW, THEREFORE, BE IT RESOLVED, by the La Quinta City Council: SECTION 1. The above recitals are true and correct and are adopted as the findings of the City Council. . SECTION 2. The City Council hereby consents to Agency funding to be utilized for the Eisenhower Drive Pavement Rehabilitation Improvements. SECTION 3. Pursuant to Health and Safety Code Section 33445{a), the City Council finds and determines that: A. The construction of the Eisenhower Drive Pavement Rehabilitation Improvements is of benefit to the Project Area and to the immediate neighborhood in which the Eisenhower Drive Pavement Rehabilitation Improvements are located. B. No other reasonable means of financing the improvements are available to the community. Resolution No. 2007-092 Eisenhower Rehabilitation Adopted: October 2, 2007 Page 2 C. The Eisenhower Drive Pavement Rehabilitation 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 Ouinta City Council held on this 2nd day of October, 2007, by the following vote: AYES: Council Members Henderson, Kirk, Osborne, Sniff, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None ~w~ City of La Ouinta, California ATTEST: APPROVED AS TO FORM: M. KATHERINE J ON, City Attorney City of La Ouinta, California