CC - 1995-15 - Agency Payment for the FY 1994-9 Concrete Repair & Handicap Rampsi •
RESOLUTION NO. 95-15
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD
MAKING CERTAIN FINDINGS AND DETERMINATIONS WITH RESPECT
TO REDEVELOPMENT AGENCY PAYMENT FOR THE FY 1994-95
CONCRETE REPAIR AND HANDICAP RAMP IMPROVEMENT PROJECT
ON VARIOUS CITY STREETS
WHEREAS, the concrete repair and handicap ramp 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 concrete repair and handicap ramp improvement 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 Two Hundred
Thousand Dollars ($200,000).
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 concrete repair and
handicap ramp improvement 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 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 concrete and handicap
ramp improvements will eliminate blighting conditions within the project area by providing
improved pedestrian access along 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
ATTEST: I hereby certify the the foregoing Resolution No.
95415 was duly and regularly adopted by the Rosemead
City Council at a regular meeting held on the 28th
day of March, 1995, by the following vote:
CITY Yes: Clark, Bruesch, Vasquez, Imperial
No: Taylor; Absent: None; Abstain: None
City Clerk
610 Exhibit "A"
Project Are