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CC Resolution 1994-016 RESOLUTION NO. 94-16 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA DETERMINING THAT THE USE OF REDEVELOPMENT AGENCY FUNDS FOR PUBHC IMPROVEMENTS IS OF PUBLIC BENEFIT TO THE REDEVELOPMENT PROJECT AND THE IMMEDIATE NEIGHBORHOOD IN WHICH THE PROJECT IS LOCATED AND DETERMINING THAT THERE ARE NO OTHER REASONABLE MEANS OF FINANCING SAID PUBLIC IMPROVEMENTS WHEREAS, the La Quinta Redevelopment Agency (the "Agency") desires to approve certain sanitary sewer improvements in the Indian Springs Subdivision along Fiesta Drive and Roadrunner Lane which will be of benefit to the La Quinta Redevelopment Project Area No. 2 and the immediate neighborhood in which the Project is located; and WHEREAS, the Agency desires to use Agency funds for said sanitary sewer system improvements in an amount of Forty Thousand Dollars ($40,000); and WHEREAS, California Health and Safety Code Section 33445 provides that the Agency may, with the consent of the legislative body, pay all or part of the value of public buildings, facilities, structures or other improvements upon a finding that such public improvements are of benefit to the Project Area or the immediate neighborhood in which the Project is located and that there is no other reasonable means of financing such public improvements available for the community; and WHEREAS, the Agency shall be reimbursed for the cost of installing the service lateral and chimney lines upon those property owners benefitted by the installation of said lines connecting to the public sewer system. NOW, THEREFORE, the City Council of the City of La Quinta does hereby find, determine, order and resolve as follows: Section 1. Pursuant to Health and Safety Code Section 33445: (i) the proposed sanitary sewer system improvements are of benefit to the Project Area and the neighborhood in which such improvements are to be situated; and (ii) no other reasonable means of financing the improvements are available to the City of La Quinta. RESOLUTION NO. 94-16 PASSED, APPROVED AND ADOPTED by the La Quima City Council this 15th day of February, 1994. AYES: Council Members Bangerter, McCartney, Sniff, Perkins, Mayor Pena NOES: None ABSENT: None ABSTAIN: None pE~A,M~, JOHN J. PE ayor City of La Quinta, California ATT, T: A, City Clerk APPROVED AS TO FORM: STRADLING, YOCCA, CARLSON & RAUTH City Attorney