RDA Resolution 2011-025RESOLUTION NO. RA 2011 - 025
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT
AGENCY OF THE CITY OF LA QUINTA CALIFORNIA
CONSENTING TO THE EXPENDITURE OF FUNDS FOR THE
WASHINGTON STREET TURN LANE IMPROVEMENTS AT
EISENHOWER DRIVE AND LEFT TURN LANE
IMPROVEMENTS AT CALLE TAMPICO, AND MAKING
CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY
CODE SECTION 33445(a) WITH RESPECT TO THE
AGENCY'S EXPENDITURES
WHEREAS, the Washington Street Turn Lane Improvements at Eisenhower Drive
are located in La Quinta Redevelopment Project Area No. 2, and the Left Turn Lane
Improvements on Calle Tampico are located in La Quinta Redevelopment Project Area
No. 1 (the "Project Areas "); and
WHEREAS, the construction and installation of the Washington Street Right
Turn Lane Improvements at Eisenhower Drive and Left Turn Lane Improvements at
Calle Tampico would afford the Redevelopment Agency the opportunity to address the
blighted conditions; and
WHEREAS, there is inadequate funding within the City's General Fund,
Development Impact Fee Fund or from other sources to construct the proposed
Washington Street Right Turn Lane Improvements at Eisenhower Drive and Left Turn
Lane Improvements at Calle Tampico, in that (1) the City's General Funds are needed
to provide essential public services, such a police services and maintenance of existing
public improvements, (2) payments into the City's Development Impact Fee Fund have
sharply declined with the economic downturn, and (3) the amounts currently on
deposit in Development Impact Fee Fund are needed for other public infrastructure
projects and to fund the repayment of certain financing and reimbursement agreements
and;
WHEREAS, proceeding with the construction and installation of the Washington
Street Right Turn Lane Improvements at Eisenhower Drive and Left Turn Lane
Improvements at Calle Tampico at this point in time will help to stimulate the local
economy by providing local jobs and construction - related expenditures; and
WHEREAS, it would be in the best interest of the public to construct and install
the Washington Street Right Turn Lane Improvements at Eisenhower Drive and Left
Turn Lane Improvements at Calle Tampico.
NOW, THEREFORE, BE IT RESOLVED, by the La Quinta Redevelopment Agency
of the City of La Quinta, California, as follows:
Resolution No. RA 2011 -025
Washington Street Turn Lane Improvements
Consenting to the Expenditure of RDA Funds
Adopted: June 21, 2011
Page 2
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 appropriates Agency funding to be utilized for
the Washington Street Right Turn Lane Improvements at Eisenhower Drive from
Project Area No. 2 in the amount of $255,670 and for the Left Turn Lane
Improvements at Calle Tampico from Project Area No. 1 in the amount of $165,000.
SECTION 3. The Agency Board hereby authorizes the Chairperson of the Agency to
execute the public works contract in order to acknowledge the Agency's obligation to
provide the funding for the contract.
SECTION 4. Pursuant to Health and Safety Code Section 334451a►, the Agency finds
and determines that:
A. The construction and installation of Washington Street Right Turn Lane
Improvements at Eisenhower Drive and Left Turn Lane Improvements at Calle
Tampico is of benefit to the Project Areas and to the immediate neighborhoods
in which the improvements are located.
B. No other reasonable means of financing the Washington Street Right Turn Lane
Improvements at Eisenhower Drive and Left Turn Lane Improvements at Calle
Tampico are available to the community at this point in time.
C. The Washington Street Right Turn Lane Improvements at Eisenhower Drive and
Left Turn Lane Improvements at Calle Tampico will assist in the elimination of
one or more blighted 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 21 st day of June 2011, by the following vote:
AYES: Agency Members Adolph, Evans, Franklin, Sniff, Chair Henderson
NOES: None
ABSENT: None
ABSTAIN: None
Resolution No. RA 2011 -025
Washington Street Turn Lane Improvements
Consenting to the Expenditure of RDA Funds
Adopted: June 21, 2011
Page 3
TERRY H 'ERSON, Chairperson
La Quint edevelopment Agency
ATTEST .
c
VERONICA ONTECINO, CMC, Secretary
La Quinta Redevelopment Agency
(AGENCY SEAL)
APPROVED AS TO
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K ATHERINE JENSON
La Quinta Redeveloamen