RRA - 2001-15 - Uninterruptible Power Supply Systems for Traffic SignalsRESOLUTION NO. 2001 -15
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A RESOLUTION OF THE ROSEMEAD REDEVELOPMENT AGENCY MAKING
CERTAIN FINDINGS AND DETERMINATIONS WITH RESPECT TO
REDEVELOPMENT AGENCY PAYMENT FOR UNINTERRUPTIBLE POWER
SUPPLY SYSTEMS FOR TRAFFIC SIGNALS
WHEREAS, the improvement project will take place at locations within and adjacent to the
boundaries of Project Areas No. 1 and No. 2 as depicted in E>hibit "A'; and
WHEREAS, the installation of uninterruptible power supply systems will provide continuous,
reliable operation of traffic signals within and adjacent to Project Areas No. 1 and No. 2; and
WHEREAS, the total Agency obligation for the project shall not exceed Three Hundred Thousand
Dollars ($300,000).
NOW, THEREFORE, the Rosemead Redevelopment Agency resolves as follows:
Section 1. The Rosemead Redevelopment Agency finds, determines, and declares:
(a)The payment by the Rosemead Redevelopment Agency for the uninterruptible power supply
system for traffic signals within and adjacent to Project Areas No. 1 and No. 2, as depicted in
Exhibit "A ", is of benefit to the Project Areas. This finding is based on the fact that the
improvements made at the locations indicated on Exhibit "A" will serve to improve the infrastructure
within and adjacent to Project Areas No. 1 and No. 2.
(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 continuing municipal revenue sources militates against the depletion of the
existing reserves until such time as revenue sources and major required expenditures are
stabilized.
(c) The payment by the Rosemead Redevelopment Agency for the uninterruptible power supply
system for the traffic signals will eliminate blighting conditions within the project area by providing
continuous, reliable operation of traffic signals and traffic flow on roadways within and adjacent to
the project areas, thus enhancing the value of abutting properties..
Section 2. The Agency Secretary shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this
ATTEST:
AGENCY S CRETARY
AGENDA CERTIFY