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CC Resolution 2010-017RESOLUTION NO. 2010 - 017 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 334451a) AND AUTHORIZING THE EXPENDITURE OF FUNDS TOWARD THE CITY'S TRAFFIC SIGNAL SYNCHRONIZATION IMPROVEMENTS AT VARIOUS LOCATIONS WHEREAS, the City's Traffic Signal Synchronization Improvements are located in La Quinta Redevelopment Project Areas No. 1 and 2 (the "Project Areas"); and WHEREAS, the City's Traffic Signal Synchronization Improvements will be installed on Eisenhower Drive from Coachella Drive to Calle Tampico, on Calle Tampico from Eisenhower Drive to Washington Street, on Adams Street from Westward Ho Drive to Fred Waring Drive, on Miles Avenue from Adams Street to Dune Palms Road, and on Dune Palms Road from Miles Avenue to Fred Waring Drive; and WHEREAS, the construction of the City's Traffic Signal Synchronization Improvements would afford the Redevelopment Agency the opportunity to address the blighting conditions; and WHEREAS, there is inadequate funding within the City's General Fund or from other sources to construct the proposed Traffic Signal Synchronization Improvements; and WHEREAS, it would be in the best interest of the public to construct the City's Traffic Signal Synchronization Improvements. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of La Quinta, California, as follows: 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 City's Traffic Signal Synchronization Improvements. SECTION 3. Pursuant to Health and Safety Code Section 33445(a), the City Council finds and determines that: A. The construction of the City's Traffic Signal Synchronization Improvements are of benefit to the Project Areas and to the immediate neighborhoods in which the City's Traffic Signal Synchronization Improvements are located. Resolution 2010-017 Signal Synchronization -Various Locations Authorization to Use RDA Funds Adopted: March 16, 2010 Page 2 B. No other reasonable means of financing the improvements are available to the community. C. The City's Traffic Signal Synchronization Improvements will assist in the elimination of one or more blighting conditions inside the Project Areas, and are 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 City Council held on this 16th day of March 2010, by the following vote: AYES: Council Members Evans, Franklin, Henderson, Sniff, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None DON AD LPH, yor City of La Quinta, California ATTEST: ..VERONICA J. ONTECINO, CMC, City C City of La`Q rota, California _ ~=- (City Seaq; APPROVED AS TO FORM: .G . KATHERIN NSON, Ci y Attorney City of La Quinta, California