CC - 1994-06 - Agency Payment for the 1993-94 Slurry Seal•
RESOLUTION NO. 94-06
0
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 1993-94 SLURRY SEAL
PROGRAM ON VARIOUS STREETS
WHEREAS, the slurry seal program will take place at locations
within and adjacent to the boundaries of Project Area No. 1 as
depicted in Exhibit "A"; and
WHEREAS, the slurry seal program 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 twenty-five thousand dollars ($25,000).
NOW, THEREFORE, the Rosemead City Council resolves as follows:
Section 1. The City Council finds, determines, and declares:
(a) The payment by the Rosemead Redevelopment Agency for the
slurry seal program 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
specified asphalt overlay will eliminate blighting conditions
within the project area by providing a "new" street appearance
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 t
ATTEST: .
_ GG G?itii LCit~
ity`Clerk-.
I hereby certify that the foregoing Resolution No. 94-06 was duly and regularly adopted
by the City•Council of the City of.Rosemead at a regular meeting thereof held on the
8th day of February, 1994, by the following vote
Yes: Clark, Taylor, Bruesch, Vasquez, McDonald
No: None
Absent: None
Abstain: None
G
Y CLERK,,."
E.35:1
~C~------ d ~ F 1-7
EXHIBIT "A"
1 ; os
59 1
San Gabriel
Al., M
I -rye.
LI n~ J
Fri 1V~ III~I ~q ,
!y. k- i, -
I
WHIT TiEQ
PAU PC
,k V
JUg~/ C f Ja4:
j,'
~O G
N
Montebello
JY4w.
3 Temple City
ti
VV/
4 x ITV E
JL i- • l~ III
e I "
South EI Monte r7~-0 F_
~'E'.._reJl
I
i
RESOLUTION NO. 94-06
1993-94 SLURRY SEAL PROGRAM
CITY OF ROSEMEAD
1982