CC - 1991-13 - Agency payment for street improvementsRESOLUTION NO. 91-13
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD
MAKING CERTAIN FINDINGS AND DETERMINATIONS WITH RESPECT TO
REDEVELOPMENT AGENCY PAYMENT FOR STREET IMPROVEMENTS IN
HIGHCLIFF STREET (DEL MAR/WEST END), EVELYN AVENUE
(VAN DORF/WASOLA), VAN DORF STREET (DEL MAR/EVELYN),
WASOLA STREET (DEL MAR/EVELYN) AND GARVALIA
AVENUE (DAROCA/EVELYN)
WHEREAS, the Infrastructure Management Report as adopted by the
Rosemead City Council on August 30, 1988, identifies and prioritizes
various streets for improvements in FY 90-91; and
WHEREAS, the improvements of those streets inside and adjacent to
Project Area No. 1 as depicted in "Exhibit All, will serve to
accommodate increasing traffic volumes 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 the project shall not
exceed Nine Hundred Thousand Dollars ($900,000).
NOW, THEREFORE, the Rosemead City Council finds, determines, and
declares:
(a). That the payment by the Rosemead Redevelopment Agency.for
the costs of street improvements adjacent to Project Area No. 1, as
depicted on "Exhibit All is of benefit to the project area. This
finding is based on the fact that the streets depicted in "Exhibit All
will reduce maintenance costs, and enhance traffic flow throughout a
network of streets 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 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
ATTEST:'
.cc:e WC?~-'~/
ITY CLERK.
ADOPTED t th day o arch, 1991.
MAYOR
I hereby certify that the foregoing Resolution No. 91-13
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 March, 1991, by the following vote:
Yes: Clark, McDonald, Bruesch, Imperial
No: Taylor Absent: None Abstain: None
CLERK
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RESOLUTION NO. 91-13
Montebello CITY OF ROSEMEAD
1982
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