RRA - 1995-03 - Payment for the Bartlett, Burton and Muscatel Avenue Storm Drain Improvements•
RESOLUTION NO. 95-03
0
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF
ROSEMEAD MAKING CERTAIN FINDINGS AND DETERMINATIONS
WITH RESPECT TO REDEVELOPMENT AGENCY PAYMENT FOR THE
BARTLETT, BURTON, AND MUSCATEL AVENUE STORM DRAIN
IMPROVEMENTS AND DELTA AVENUE SIDEWALK IMPROVEMENTS
WHEREAS, the storm drain and sidewalk improvement 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 storm drain and sidewalk improvement project to be constructed in areas
within and adjacent to Project Area No. I will improve the area aesthetically and structurally; and
WHEREAS, the total Agency obligation for the project shall not exceed Five Hundred Sixty
Thousand Dollars ($560,000).
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 storm drain and
sidewalk improvement project on Bartlett Avenue, Burton Avenue, Muscatel Avenue and
Delta Avenue 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 storm drain and sidewalk
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 storm drain
and sidewalk improvements will eliminate blighting conditions within the project area by
correcting existing drainage deficiencies and providing improved pedestrian access on
roadways within and adjacent to the project area, thus enhancing the value of abutting
properties.
Section 2. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this th day of J , 1995.
I
C AIRMAN
ATTEST-
AGENCY SECRETARY
I hereb}~certify that the foreoing Resolution No. 95-03 was duly and regularly
adopted by the Rosemead Redevelopment Agency.at a regular meeting held on the
24th day of January, 1995, bytthe following vote:
Yes: Clark; 4asilueg, Bruesch, Imperial, Taylor;
Abstain :,-'~Non6r,
Agency.'See`r~tary
No: None; Absent: None
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