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RDA Resolution 2010-011RESOLUTION NO. RA 2010 - 011 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 MILES AVENUE MEDIAN LANDSCAPE IMPROVEMENTS WHEREAS, the Miles Avenue Median Landscape Improvements are located in La Quinta Redevelopment Project Area No. 2 (the "Project Area"1; and WHEREAS, the construction of the Miles Avenue Median Landscape 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 Miles Avenue Median Landscape Improvements; and WHEREAS, it would be in the best interest of the public to construct the Miles Avenue Median Landscape 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 Miles Avenue Median Landscape Improvements. SECTION 3. Pursuant to Health and Safety Code Section 334451a), the Agency finds and determines that: A. The construction of the Miles Avenue Median Landscape Improvements is of benefit to the Project Area and to the immediate neighborhoods in which the improvements are located. B. No other reasonable means of financing the improvements are available to the community. C. The Miles Avenue Median Landscape improvements will assist in the elimination of one or more blighting conditions inside the Project Area, and are consistent Resolution RA 2010-011 Authorizing the Expenditure of Funds Miles Avenue Median Landscape Adopted: December 7, 2010 Pege 2 with the Redevelopment Agency's implementation plan adopted pursuant to Section 33490. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quints Redevelopment Agency held on this 7th day of December 2010, by the following vote: AYES: Agency Members Adolph, Franklin, Henderson, Sniff, Chair Evans NOES: None ABSENT: None ABSTAIN: None C ~~~ LINDA EVANS, Chairperson La Quints Redevelopment Agency ATTEST: bERONICA J~GIONI _~Ca Quints Redevelop AGENCY SEAL) NO, CMC, Secretary it Agency APPROVED AS TO FORM: Y M. KATHERINE NSON, Agency Counsel La Quints Redevelopment Agency