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CC- 1989-47 - Agency payment for the landscape improvements on Wlanut Grove• RESOLUTION NO. 89-47 is A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD MAKING CERTAIN FINDINGS AND DETERMINATIONS WITH RESPECT TO REDEVELOPMENT AGENCY PAYMENT FOR THE LANDSCAPE IMPROVEMENTS ON WALNUT GROVE AVENUE AT THE 10 FREEWAY BETWEEN THE ON/OFF RAMPS AND WALNUT GROVE AVENUE AT THE 10 FREEWAY, AND ON WALNUT GROVE AVENUE (MARSHALL/ HELLMAN) LANDSCAPE MEDIANS WHEREAS, Walnut Grove Avenue as depicted in Exhibit "A" lies north of Project Area No. 1; and . WHEREAS, the landscape improvements of Walnut Grove Avenue will improve the aesthetics at the immediate surrounding area; and WHEREAS, the landscape improvements will have a beneficial impact on property values within and around the Redevelopment Project Area; and WHEREAS, Walnut Grove Avenue is the major arterial thoroughfare within and providing access to the Redevelopment Project Area. NOW, THEREFORE, the City Council resolves as follows: Section 1. The Rosemead City Council finds, determines, and declares: (a) The payment by the Rosemead Redevelopment Agency of the costs of landscaping Walnut Grove Avenue, at the 10 Freeway between the on/off ramps and landscape median at Walnut Grove Avenue (Marshall/Hellman), as depicted in Exhibit "A", is of benefit to Project Area No. 1. This finding is based upon the fact that the streets lending to Project Area No. 1, provides access to vehicles entering and exiting the Project Area. (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 are permanently stabilized. Section 2. The city clerk shall certify to the adoption of this Resolution. PASSED, APPROVED AND ADOPTED this 22nd day of Augus , 1989. ATTEST: /7tic M GUG'L(ii2P~ COY CLERK I hereby certify that the foregoing Resolution No. 89-47 was duly and regularly adopted by the City Council of the City of Rosemead at a regular meeting thereof held on the 22nd day of August, 1989, by the following vote: Yes: De Cocker, Taylor,' Imperial, Bruesch No: None Absent: McDonald Abstain: None CYPY CLERK \ San Gabriel X11 1 r C Temple City I [a y._ ~~yJ ll+~~ r ~1 III ias[ • ~ ~ f f I i /l y :1 F- 11I i u J sr-i ~ / x EI Monte' J,Jj YLJ "..i`•~~`-.: ,fl t~ r=--I 1 Ie.[I~O• ~Lrt'i'+' \ PIO " s• rLF I° Y I. --nr- I ~ i -Tn it oL South El Mont Mme ~ ii ~ iri7l I rk WALNUT GROVE AVENUE 1. LANDSCAPING i• r RESOLUTION NO. 89-47 EXHIBIT "A" CITY Of ROSEMEAD Montebello - 1982