RDA Resolution 1990-08o RESOLUTION NO. RA 9O**o
RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY
AUTHORIZING THE EXECUTION OF A SUPPLEMENTAL COOPERATION
AGREEMENT WITH CITY OF LA QUINTA RELATING TO PUBLIC
IMPROVEMENTS.
WHEREAS, by Ordinance No. 43 adopted on December 29, 1983,
the City Council of the City of La Quinta adopted and approved
a certain Redevelopment Plan the Redevelopment Plan") for
Project Area No. 1, the Project"); and
WHEREAS, pursuant to the Community Redevelopment Law of the
State of California Health and Safety Code Section 33000, et
seq.), the La Quinta Redevelopment Agency the Agency") is
carrying out the Redevelopment Plan for the Project in the
redevelopment project area the Project Area"); and
WHEREAS, in furtherance of the Project, the Agency and the
City desire to enter into an agreement under which the City will
advance funds required to install and construct certain Public
Improvements to serve the project the Improvements") as
described in Exhibit A" attached to said agreement, and the
Agency will pay the City for all costs of such Improvements in
accordance with that certain Cooperation Agreement dated August
16, 1983 between the City and the Agency; and
WHEREAS, the Improvements are of benefit to the Project
Area and the immediate neighborhood of the Project Area in that
they will increase the safety and contribute to the elimination
of blight; and
WHEREAS, arrangements for the Improvements are more
particularly described in the Implementing Agreements", which
are attached hereto as Exhibit B" and incorporated herein by
reference; and
WHEREAS, no other reasonable means of financing such
Improvements are available to the community in that the cost of
the improvements exceeds the financial ability of the City to
pay, no private sources of funding are available, and all state
and federal grant alternatives have been exhausted.
NOW, THEREFORE, BE IT RESOLVED by the La Quinta
Redevelopment Agency as follows:
SECTION I:
The Agency hereby determines that the Improvements are of
benefit to the Project Area and the immediate neighborhood in
which the Project Area is located, and that no other reasonable
means of financing such Improvements are available to the
community, and hereby consents to the undertaking of
construction and installation of the Improvements in accordance
with the Supplemental Cooperation agreement in the form attached
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oRESOLUTION NO. RA 90-8
to this resolution and incorporated herein by reference. The
determination that the Improvements will benefit the Project
Area is based upon the fact that the Improvements will increase
safety and contribute to elimination of blight.
SECTION II:
The Chairman is hereby authorized to execute the Agreement
on behalf of the Agency.
PASSED, APPROVED AND ADOPTED this *day of
La Quinta Redevelopment Agency
j;UT1N*:RA**JUHOLA, Secretary
La Quinta Redevelopment Agency
APPROVED AS TO FORM:
DAWN***City Attorney
HONEYWELL,
City of La Quinta, California
I hereby certify that the foregoing Resolution was
duly and regularly adopted by the La Quinta Redevelopment Agency
at a regular meeting thereof held on the 16th day of
October 1990, by the following vote:
AYES: * Bohnenberger, iM*r. Rushworth, i*r. rni** & Chairman Pena
NOES: None
ABSENT: One Vacancy)
ABSTAIN: None
AUNDRA L. JUHOLA, Secretary
La Quinta Redevelopment Agency
2-
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