Loading...
RDA Resolution 2010-004RESOLUTION NO. RA 2010 - 004 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 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 La Quinta Redevelopment Agency . 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 Agency Board. SECTION 2. The Agency Board 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 Agency 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 2010-004 Traffic Synchronization -Various Locations Approval to Use RDA Funds Adopted: March 16, 2070 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 Redevelopment Agency 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 ~~ LINDA E\/ANS, Chairperson La Quinta Redevelopment Agency ATTEST: '`"VERONICA J~NTECINO, CMC, Secretary = La Quinta Re evelopment Agency `'_(CITY SEAL) APPROVED AS TO FORM: M. KATWERIN JET EN~ON, Agency Counsel La Quinta Redeve opment Agency