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CC - 1990-62 - Agency Payment for Construction of Storm DrainRESOLUTION NO. 90-62 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD MAKING CERTAIN FINDINGS AND DETERMINATIONS WITH RESPECT TO REDEVELOPMENT AGENCY PAYMENT FOR CONSTRUCTION OF STORM DRAIN IMPROVEMENTS IN SAN GABRIEL BOULEVARD (EMERSON PLACE/ALHAMBRA WASH), BARTLETT AVENUE AND MUSCATEL AVENUE FROM THE EXISTING STORM DRAIN IN GARVEY AVENUE TO APPROXIMATELY 1200 FEET NORTH WHEREAS, the Infrastructure Management Report, as adopted by the Rosemead City Council on August 30, 1988, identifies and prioritizes various streets and storm drain improvements in Fiscal Year 1990-91; and WHEREAS, the scheduled storm drain improvements scheduled in San Gabriel Boulevard (Emerson Place/Alhambra Wash), Bartlett Avenue and Muscatel Avenue from the existing storm drain in Garvey Avenue to approximately 1200 feet north, as depicted in Exhibit "A", will serve to accommodate the storm drains and reduce maintenance costs throughout the network of streets that have been improved previously with financing from the Redevelopment Agency; and WHEREAS, the total Agency obligation for this project shall not exceed Eight Hundred and Fifty-two Thousand Dollars ($852,000). NOW, THEREFORE, the Rosemead City Council resolves as follows: Section 1. The Rosemead City Council finds, determines and declares: a). That the payment by the Rosemead Redevelopment Agency for the costs of the storm drain improvements on San Gabriel Boulevard, Bartlett Avenue and Muscatel Avenue, as depicted on Exhibit "A", is of benefit to Project Area No. 1. This finding is based on the fact that the improvements described above will improve the network storm drains existing currently in 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 maintains a General Fund surplus, the uncertainty of continuing municipal revenue sources militates against the depletion of existing reserves until such time as revenue sources and major required expenditures are stabilized. Section 2. The City Clerk shall certify to the adoption of this resolution. PASSED, APPROVED and ADOPTED this 13t ay NoN ber, 1990. v MAYOR AT.TESTc', rY CL,ERK ~ I'hereby certify that the foregoing Resolution No. 90-62 was duly and regularly adopted by the City Council of the City of Rosemead at a regular meeting thereof held on the 13th day of November, 1990, by the following vote: Yes: Taylor, McDonald, Bruesch, Imperial No: None Absent: - None Abstain:. None TY. CLERK'' C I el hI.Q San Gabriel Cit k-' EXHIBIT A Temple Y~~'1G}' j Y~1` Sly r 44 %%#ft I L2 _ 4 I j' 1.4 li I Y IJ / r Montebello EI Monte :I frail Ij South El Monte RESOLUTION NO. 90-62 Storm Drain Improvements in San Gabriel, Bartlett, and Muscatel CITY OF ROSEMEAD 1982