RRA - 1996-22 - Payment for teh FY 1996-97 - Concrete RepairRESOLUTION NO. 96-22
A RESOLUTION OF THE ROSEMEAD REDEVELOPMENT
AGENCY MAKING CERTAIN FINDINGS AND DETERMINATIONS
WITH RESPECT TO REDEVELOPMENT AGENCY PAYMENT FOR
THE FY 1996-97 CONCRETE REPAIR PROJECT ON VARIOUS
CITY STREETS
WHEREAS, the concrete repair project will take place at locations within and adjacent to
the boundaries of Project Area No. 1 as depicted in Exhibit "A"; and
WHEREAS, the concrete repair project to be constructed in areas within and adjacent to
Project Area No. 1 will improve the area aesthetically and structurally; and
WHEREAS, the total Agency obligation for the project shall not exceed Fifty Thousand
Dollars ($50,000).
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 concrete repair project
on various streets within and adjacent to Project Area No. 1, as depicted in Exhibit "A", is
of benefit to the Project Area. This finding is based on the fact that the concrete repair
improvements made at the various locations indicated on Exhibit "A" will serve to improve
the aesthetic appearance and infrastructure within and adjacent to Project Area No. 1.
(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 specified concrete
improvements will eliminate blighting conditions within the project area by providing
improved pedestrian access and drainage along roadways within and adjacent to the project
area, 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 24th day of September, 1996.
C-HAMMAA
ATTEST:
AGENCYSEC TARY
I hereby certify that the foregoing Resolution No. 96-22 was duly and
regulary adopted by the Rosemead Redevelopment Agency at a regular meeting
held on:'the..24th day of September 1996, by the following vote:
Yes: Bruesch, Vasquez, Clark, Imperial, Taylor
No: None;,,Absent: None; Abstain: None
AGENCY SECRETARY
Exhibit "A•!
Agency Funded
Project Area
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