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CC - 1983-37 - Capital Improvements for Project Area 1J • • RESOLUTION NO. 83 -37 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD MAKING CERTAIN FINDINGS & DETERMINATIONS WITH RESPECT TO A CAPITAL IMPROVEMENT PROJECT FOR THE BENEFIT OF PROJECT AREA #1 AND AUTHORIZING THE EXECUTION OF AN AGREEMENT FOR COOPERATION BETWEEN THE CITY'OF ROSEMEAD & ROSEMEAD REDEVELOPMENT AGENCY THE ROSEMEAD CITY COUNCIL RESOLVES AS FOLLOWS: SECTION 1. The Rosemead City Council finds, determines and declares: a. The capital improvement project set forth in Exhibit "A" attached hereto and incorporated herein by this reference, are of benefit to Project Area f#1 or the immediate neighborhood of Project Area #I1 for the reasons stated in said Exhibit. b. That there are no other reasonable means of financing such buildings, facilities, structures, or other improvements available to the community. Although the City has a General Fund surplus, the uncertainty of revenues due to the State of California's fiscal condi- tion, mitigates against the depletion of the existing reserve until such time as municipal revenue sources are more stable and predictable. C. That implementation of each of the capital improvement projects is subject to review and conditions pursuant to the California Environmental Quality Act. SECTION 2. The Mayor is authorized to'execute the Coopera- tion'Agreement between the"Citq of Rosemead and the Rosemead Redevelopment Agency, and the Executjve�Director is authorized to take all the necessary steps to implement the Agreement. SECTION 3. The City Clerk shall certify to the adoption of this Resolution. :1 PASSED, APPROVED AND ADOPTED this 9th day of August, 1983. M_ ATTEST: —` Cit Clerk AGREEMENT FOR COOPERATION BETWEEN THE CITY OF ROSEMEAD AND THE ROSEMEAD REDEVELOPMENT AGENCY FOR VARIOUS CAPITAL IMPROVEMENT PROJECTS THIS AGREEMENT is entered into this 9th day of August, 1983, by and between the CITY OF ROSEMEAD (hereinafter "CITY ") and the ROSEMEAD REDEVELOPMENT AGENCY (hereinafter "AGENCY "). WHEREAS, pursuant to Health and Safety Code 533000 et seq., the City Council of the City of Rosemead established the Rosemead Redevelopment Agency under authority of the California Community Redevelopment Law; and WHEREAS, pursuant to Health and Safety Code 533000 et seq., the City Council of the City of Rosemead, by enactment of Ordinance No. 340, on June 27, 1972, has established the Rosemead Redevelopment Project No. 1; and WHEREAS, CITY and AGENCY have a common interest in and wish to facilitate redevelopment within the City and to provide for the cooperation of CITY and AGENCY in carrying out redevelopment activities; and WHEREAS, CITY and AGENCY both desire to construct the public improvements and facilities described herein. NOW, THEREFORE, the parties agree: Section 1. Each party shall have access to the services and facilities of the other party and its staff. Each party shall also cooperate with the other in providing for redevelopment activities within the City. Section 2. AGENCY shall supply to CITY such information and reports as from time to time the City may require. Section 3. CITY will assist AGENCY in the planning, financing, acquisition, construction and maintenance or operation of redevelopment activities undertaken by the AGENCY within CITY in accordance with applicable state and federal law. Section 4. CITY and AGENCY shall jointly undertake the planning, acquisition, design and construction of the capital improvements described on Exhibit "A" attached hereto and incorporated herein by this reference. CITY shall be the "Lead Agency ", as defined in Public Resources Code 521067 for the environmental review, planning and development of such capital improvement projects. Section 5. AGENCY shall pay to CITY, by way of advance or reimbursement, the cost of the capital improvement projects listed on Exhibit "A" that are actually undertaken. Such payments shall be made according to findings made pursuant to Section 33445 of the Health and Safety Code by the Rosemead Redevelopment Agency Board and Rosemead City Council. The total AGENCY obligation to CITY, if all projects are undertaken, shall not exceed $360,000. 0 Section 6. CITY may undertake the capital improvement projects sew orth herein without further approval from AGENCY. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first above written. CITY OF ROSEMEAD i ATTEST: - - ROSEMEAD REDEVELOPMENT AGENCY 1024T' MIDI W. tom_ ATTEST: ✓� TAG NCY SE EARY EXHIBIT "A" PROJECT - PINE STREET 1. The Project The project will include the widening and reconstruction of the street, and the installation of curbs and gutters. 2. Benefit to Project Area No. 1 The street has potentially dangerous conditions given its narrow width and uneven driving surface. Its improvement will accomodate the traffic volume, thereby providing a safer environment within the Project Area. It will pro- mote safety for pedestrians, to include school age children, who utilize the sidewalks to reach the commercial establishments on Garvey Avenue or who walk to school. $360,000