CC- 1989-02 - Agency Payment for Paljay AvenueRESOLUTION NO. 89-2
A RESOLUTION OF THE ROSEMEAD CITY 0
CERTAIN FINDINGS AND DETERMINATIONS
TO REDEVELOPMENT AGENCY PAYMENT FOR
AND WIDENING OF PAL7AY AVENUE (FERN
DUBONNET AVENUE (FERN TO MUSCATEL),
(FERN TO KLINGERMAN).
)UNCIL MAKING
WITH RESPECT
THE RECONSTRUCTION
TO KLINGERMAN),
AND DELTA AVENUE
WHEREAS, Paljay Avenue, Dubonnet Avenue, and Delta Avenue, as
depicted on "Exhibit A," lie adjacent to the boundaries of Project
Area No. 1; and
WHEREAS, the improvement of Paljay, Dubonnet, and Delta Avenues
will accomodate increasing traffic volumes through the network of
streets that have been improved previously with financing from the
Redevelopment Agency.
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 costs of reconstructing Paljay Avenue (from Fern to
Klingerman), Dubonnet Avenue (from Fern to Muscatel), and
Delta Avenue (from Fern to Klingerman), as depicted in
"Exhibit A," is of benefit to Project Area No. 1. This
finding is based on the fact that the aforementioned streets
will join a network of improved streets running throughout
Project Area No. 1, thus providing to the Project Area the
benefits of improved traffic flow.
(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.
SECTION 2. The City Clerk shall certify to the adoption of this
Resolution.
PASSED, APPROVED, and ADOPTED this 10th day of January, 1989.
MAYOR
c -A'TTES'T=:' ~ - .
Y
CITY CLERK
.I .hereby certify that the foregoing Resolution 89-2 was duly and regularly
adopted by the City Council of the City of Rosemead at a.regular meeting thereof
held on the 10th day of January,, 1989, by the following vote:
Yes: DeCocker, Taylor, McDonald
No: None
Absent:- Bruesch, Imperial
Abstain:- None
-C Y CLERK
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STREET PROJECT
_ Paljay(Fern/Klin erm
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Dubonnet(Fern/Muscatel)
- Delta(Fern/Klingerman)
'CITY OF ROSEMEAD
Montebello
I` -E 1982