Loading...
CC Resolution 2014-038RESOLUTION NO. 2014-038 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, CONSENTING TO THE EXPENDITURE OF REDEVELOPMENT AGENCY BOND PROCEEDS FOR THE SILVERROCK GOLF COURSE RESTORATION IMPROVEMENTS, AND MAKING CERTAIN FINDINGS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445(a) WHEREAS, the SilverRock Golf Course Restoration Improvements are located in the former La Quinta Redevelopment Project Area No. 1 (the "Project Area"); and WHEREAS, the lack of recreational facilities and the prevalence of economic maladjustment were documented as some of the conditions of blight that justified the formation of the Project Area; and WHEREAS, the construction and installation of the SilverRock Golf Course Restoration Improvements would afford the City the opportunity to continue addressing blighting conditions resulting from the lack of recreational facilities; and WHEREAS, there is inadequate funding within the City's General Fund or from other sources to construct the proposed SilverRock Golf Course Restoration Improvements, in that the City's General Funds are needed to provide essential public services, such a police services and maintenance of existing public improvements; and WHEREAS, proceeding with the construction and installation of the SilverRock Golf Course Restoration Improvements 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 SilverRock, Golf Course' Restoration 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 the expenditure of former Redevelopment Agency Bond proceeds to be utilized for the SilverRock Golf Course Resolution No. 2014-038 SilverRock Golf Course Restoration Improvements Adopted: July 15, 2014 Page 2 Restoration Improvements. SECTION 3. Pursuant to Health and Safety Code Section 33445(a), the City Council finds and determines that: A. The construction and installation of the SilverRock Golf Course Restoration Improvements is of benefit to the former Redevelopment Project Area and to the immediate neighborhoods in which the improvements are located. I. , , B. No other reasonable means of financing the SilverRock Golf Course Restoration Improvements are available to the community at this point in time. C. Restoring the SilverRock Golf Course will assist in the elimination of one or more blighting conditions inside the former Project Area No. 1, including the lack of recreational facilities and opportunities, and is consistent with the implementation plan that was in place at the time of the bond sale, pursuant to Section 22490. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council held on this 15th day of July 2014, by the following vote: AYES: Council Members Evans, Franklin, Henderson, Osborne, Mayor Adolph NOES: None ABSENT: None DON AD$YLPH, or City of La Quinta, California ATTEST: 'e 0" SUSAN MAYSELS, Ldity Clerk City of La Quinta, California Resolution No. 2014-038 SilverRock Golf Course Restoration Improvements Adopted: July 15, 2014 Page 3 (CITY SEAL) APPROVED AS TO FORM: WILLIAM H. IHRKE, City Attorney City of La Quinta, California