CC - 1996-35 - Payment for the San Gabriel Blvd Storm Drain improvementsRESOLUTION NO. 96-35
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD
MAKING CERTAIN FINDINGS AND DETERMINATIONS WITH RESPECT
TO REDEVELOPMENT AGENCY PAYMENT FOR THE SAN GABRIEL
BOULEVARD STORM DRAIN IMPROVEMENTS
WHEREAS, the storm drain 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 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 Two Hundred Forty
Thousand Dollars ($240,000).
NOW, THEREFORE, the Rosemead City Council resolves as follows:
Section 1. The Rosemead City Council finds, determines, and declares:
(a) The payment by the Rosemead Redevelopment Agency for the storm drain
improvement project on San Gabriel Boulevard 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 street 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
improvements will eliminate blighting conditions within the project area by correcting existing
drainage deficiencies 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 27th day of August, 1996.
'ATTEST: ?
CITY CLERK
MAYO$7
I hereby certify that the foregoing Resolution No. 96-35 was duly
and regularly adopted by the Rosemead City Council at a regular.
meeting held on the 27th day of August, 1996, by the following vote:
Yes: Vasquez, Taylor, Bruesch, Clark, Imperial
No: None; Absent: None; Abstain: None
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City Clerk
EXHIBIT "A"