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RDA Resolution 2009-006RESOLUTION NO. RA 2009 - 006 A RESOLUTION OF THE LA QUINTA 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 TOWARD THE MEDIAN ISLAND IMPROVEMENTS ON CALLE TAMPICO AND ON WASHINGTON STREET WHEREAS, the median island improvements on Calle Tampico and on Washington Street are located in La Quinta Redevelopment Project Area No. 1 (the "Project Area"); and WHEREAS, Calle Tampico and Washington Street are documented as a condition of blight within the Project Area; and WHEREAS, the construction of the median island improvements on Calle Tampico and on Washington Street would afford the 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 proposed median island improvements on Calle Tampico and on Washington Street; and WHEREAS, it would be in the best interest of the public to construct the median island improvements on Calle Tampico and on Washington Street. NOW, THEREFORE, BE IT RESOLVED, by the La Quinta Redeveldpnient Agency ~~ -- - ~. as follows: :-;-j ~ / ~ ~i 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 consents to Agency funding to tie utilized for the median island improvements on Calle Tampico and on Washington,Sfreet: SECTION 3. Pursuant to Health and Safety Code Section 334451a), the Agency finds and determines that: A. The construction of the median island improvements on Calle Tampico and on Washington Street are of benefit to the Project Area and to the immediate neighborhood in which the median island improvements on Calle Tampico and on Washington Street are located. Resolution 2009-006 Medians Tampico/Washington Adopted: July 7, 2009 Page 2 B. No other reasonable means of financing the improvements are available to the community. C. The median island improvements on Calle Tampico and on Washington Street 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 Redevelopment Agency held on this 7th day of July 2009, by the following vote: AYES: Agency Members Adolph, Evans, Henderson, Sniff, Chairperson Franklin NOES: None ABSENT: None ABSTAIN: None KRISTY FRANKLIN, Chairperson La Quinta Redevelopment Agency ATTEST: -~'r, . _.', ~ERONICA c~MOIVTECINO, CMC, Secretary La Quinta Redevelopment Agency 1 (AGENC,Y SEAL) ; APPROVED AS TO FORM: M. KA INE J SON, Agency Counsel La Q nta Redevelopment Agency