CC Resolution 2010-0312*41UY9Eel rkEel WX11E elIus3W
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LA QUINTA, CALIFORNIA, ADOPTING THE FISCAL YEAR
2010-2011 THROUGH 2O14-2015 CAPITAL
IMPROVEMENT PLAN (CIP), CONSENTING TO THE
EXPENDITURE OF FUNDS BY THE LA QUINTA
REDEVELOPMENT AGENCY FOR CERTAIN
IMPROVEMENTS SET FORTH IN SAID PLAN, AND
MAKING CERTAIN FINDINGS PURSUANT TO HEALTH
AND SAFETY CODE SECTION 33445(a) WITH RESPECT
TO THE AGENCY'S EXPENDITURE
WHEREAS, pursuant to Government Code Section 66002, the City of
La Quinta (the "City") is required to review and adopt a Capital Improvement Plan
(the "Plan"); and
WHEREAS, the City is required to conduct a noticed public hearing for
consideration and adoption of the Plan; and
WHEREAS, notice of the public hearing has been given pursuant to
Government Code Section 65090; and
WHEREAS, the Plan is a five-year planning instrument used by the City to
identify capital improvement needs and to coordinate financing and timing of those
needs in a manner that maximizes the return to the public; and
WHEREAS, the Plan is a statement of the City's goals, objectives and
priorities for a five-year Plan and the financial commitments required to accomplish
those objectives; and
WHEREAS, the Fiscal Year 2010-2011 through 2014-2015 Plan proposes
approximately $44,240,614 in improvement projects and $137,898,007 of
unfunded additional improvement projects over the five-year period, commencing
on July 1, 2010 and ending June 30, 2015; and
WHEREAS, the amount allocated from the Plan for first -year projects, called
the "Capital Budget," proposes $6,267,558 in improvements, as shown in Exhibit
1, which is attached hereto and made a part of this Resolution; and
WHEREAS, there is inadequate funding within the City's General Fund or
from other sources to completely and fully fund the improvements identified within
the Capital Budget; and
Resolution No. 2010-031
Adoption of the Capital Improvement Plan
Adopted: April 20, 2010
Page 2
WHEREAS, the completion of the improvements identified within the Capital
Budget that are located inside La Quinta Redevelopment Project Area No. 1
("Project Area No. 1 "), which are identified on Exhibit 1 as funded by "PA # 1 " (the
"Project Area No. 1 Improvements"), will help to obtain the goals and objectives of
Project Area No. 1 as well as to afford an opportunity to eliminate conditions of
blight in Project Area No. 1; and
WHEREAS, the completion of.the improvements identified within the Capital
Budget that are located inside La Quinta Redevelopment Project Area No. 2
("Project Area No. 2"), which are identified on Exhibit 1 as funded by "PA #2" (the
"Project Area No. 2 Improvements"), will help to obtain the goals and objectives of
Project Area No. 2 as well as to afford an opportunity to eliminate conditions of
blight in Project Area No. 2; and
WHEREAS, it would be in the best interest of the public to completely fund
all improvements identified within the Capital Budget.
NOW THEREFORE, BE IT RESOLVED, by the La Quinta City Council, as
follows:
SECTION 1. The above recitations are true and correct.
SECTION 2.
Pursuant to Health and Safety Code Section 33445(a), the City Council finds and
determines that:
A. The Project Area No. 1 Improvements are of benefit to Project Area No. 1,
by helping to eliminate blight within Project Area No. 1, in that the Project
Area No. 1 Improvements consist of public infrastructure improvements, and
the Redevelopment Plan for Project Area No. 1 provides for the elimination,
and prevention of the spread, of blight and blighting influences through the
installation, construction, or re -construction of streets, utilities, and other
public facilities and improvements.
B. The Project Area No. 2 Improvements are of benefit to Project Area No. 2,
by helping to eliminate blight within Project Area No. 2, in that the Project
Area No. 2 Improvements consist of public infrastructure improvements and
one property acquisition, and the Redevelopment Plan for Project Area No. 2
provides for the elimination, and prevention of the spread, of blighting
influences through the installation, construction, reconstruction, redesign, or
reuse of streets, utilities, curbs, gutters, sidewalks, traffic control devices,
flood control facilities and other public improvements, and also provides for
property acquisition as a means of eliminating and preventing the spread of
blighting influences.
C. No other reasonable means of financing the Project Area No. 1
Improvements or the Project Area No. 2 Improvements are available to the
Resolution No. 2010-031
Adoption of the Capital Improvement Plan
Adopted: April 20, 2010
Page 3
community, for the following reasons: (i) City monies are dedicated to
critical police, fire, and other necessary expenditures, including other capital
improvement projects; (ii) the only practical means of paying for the Project
Area No. 1 Improvements and the Project Area No. 2 Improvements is to use
Agency funding; (iii) without Agency funding for the Project Area No. 1
Improvements and the Project Area No. 2 Improvements, the Project Area
No. 1 Improvements and the Project Area No. 2 Improvements would not be
completed, all to the detriment of Project Area No. 1 and Project Area No. 2.
D. The Project Area No. 1 Improvements and the Project Area No. 2
Improvements are consistent with the Agency's implementation plan adopted
pursuant to Health and Safety Code Section 33490 (the "Implementation
Plan"), in that improving public infrastructure and facilities within Project
Area No. 1 and Project Area No. 2 are goals set forth in the Implementation
Plan, and acquiring the Village Area Land described in Exhibit 1 is a proposed
project set forth in the Implementation Plan.
SECTION 3. The Agency's expenditure for the Project Area 1 Improvements and
the Project Area No. 2 Improvements is necessary to effectuate the purposes of
the Redevelopment Plans for Project Area No. 1 and Project Area No. 2 and is in
the best interests of the City of La Quinta.
SECTION 4. The City Council hereby adopts the Fiscal Year 2010-2011 through
2014-2015 Capital Improvement Plan, approves the Capital Budget, and authorizes
the inclusion of the Capital Budget into the Fiscal Year 2010-2011 operating
budget, which appropriates funds for specific facilities, equipment and
improvements.
SECTION 5. The City Council hereby consents to the Agency's funding of the
Project Area No. 1 Improvements and the Project Area No. 2 Improvements.
PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta
City Council held on this 20th day of April, 2010, by the following vote to wit:
AYES: Council Members Evans, Franklin, Henderson, Sniff, Mayor Adolph
NOES: None
ABSENT: None
ABSTAIN: None
ON ADO H, Ma
City of La Quinta, California
Resolution No. 2010-031
Adoption of the Capital Improvement Plan
Adopted: April 20, 2010
Page 4
ATTEST:
(City Seal)
APPROVED AS TO FORM:
-1d, J=-
M. ATHERINE SON, City Attorney
City of La Qui California