CC - 1991-06 - Agency Payment for Construction of Visual and Traffic Flow' RESOLUTION NO. 91-6
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 VISUAL AND
TRAFFIC FLOW IMPROVEMENTS ON VALLEY BOULEVARD BETWEEN
CHARLOTTE AVENUE AND THE EASTERLY CITY LIMIT
WHEREAS, the Infrastructure Management Report, as adopted by the
Rosemead City Council on August 30, 1988, identifies and prioritizes
an underground utility district and traffic flow improvements on
Valley Boulevard in Fiscal Year 1990-91; and
WHEREAS, the scheduled undergrounding of overhead utilities and
removal of parkway planter islands in the roadway on Valley Boulevard
between Charlotte Avenue and the easterly City limit, as depicted in
Exhibit "A", will serve to accommodate Project Area No. 1; and
WHEREAS, the total Agency obligation for this project shall not
exceed Two Hundred Thirty Thousand Dollars ($230,000).
NOW, THEREFORE, the Rosemead City Council resolves as follows:
Section 1. The City Council finds, determines and declares:
a) That the payment by the Rosemead Redevelopment Agency for
the costs of construction on Valley Boulevard, 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 provide a visual improvement to Valley Boulevard
and improve traffic flow to and from 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 12th day of February, 1991.
C
MAYOR
ATTEST:
114ITY CLERK
I hereby certify that the foregoing Resolution No. 91-6 was duly and regularly
adopted by the City Council of the City of Rosemead at a regular meeting thereof
held on the 12th day of February, 1991, by the following vote:
Yes: McDonald, Bruesch, Imperial
No: None
Absent: Taylor
Abstain: None
TY CLERK
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RESOLUTION NO. 91-6
VALLEY BOULEVARD, VISUAL &
TRAFFIC FLOW IMPROVEMENTS
CITY OF ROSEMEAD
1982