CC - 1988-14 - Street and Treaffic Signalization ImprovementsRESOLUTION NO. 88-14
A RESOLUTION OF THE ROSEMEAD CITY COUNCIL
MAKING CERTAIN FINDINGS AND DETERMINATIONS
WITH RESPECT TO REDEVELOPMENT AGENCY PARTICIPATION
IN THE STREET AND TRAFFIC SIGNALIZATION IMPROVEMENTS
WALNUT GROVE AVENUE/SAN GABRIEL BOULEVARD/LANDIS VIEW LANE
WHEREAS, the portion of Walnut Grove Avenue/San Gabriel
Boulevard/Landis View Lane as depicted on Exhibit "A" attached hereto
and incorporated herein by this reference, lies directly south of
Project Area No. 1; and
WHEREAS, the construction and installation of the Street and
Traffic Signalization Improvements Walnut Grove Avenue/San Gabriel
Boulevard/Landis View Lane will mitigate substantially the traffic
problems within Project Area No. 1.
NOW, THEREFORE, the Rosemead City Council resolves as follows:
Section 1. The City Council hereby finds, determines and
declares as follows:
(a) The payment of the total cost, currently estimated to
be Three Hundred Thirty-Five Thousand Dollars ($335,000) by
the Rosemead Redevelopment Agency of the construction and
installation of the Street and Traffic Signalization
Improvements as depicted on Exhibit "A" hereto, is of
benefit to Project Area No. 1. This finding is based upon
the fact that much of the traffic using the aforementioned
intersections originates from developments within the
Project Area and Walnut Grove Avenue being a select street
leading to.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 uncertainity or the economy and continuing
municipal revenue sources militates against the depletion of
the existing reserves.
Section 2. The City Clerk shall certify to the adoption of this
Resolution.
1988.
PASSED, APPROVED and ADOPTED this 23rd
day of February
MAYOR
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Ate`', _ PLANNING DEPT.
Montebello CITY OF ROSEMEAD
19 89
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ATTEST:
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
CITY OF ROSEMEAD )
SS:
I, Janice Warner, City Clerk of the City of Rosemead, do hereby
certify that the foregoing Resolution was duly and regularly
adopted by the City Council of the City of Rosemead at a regular
meeting thereof held on the 23rd day of February, 1988 , by the
following vote:
YES: Imperial,
NO: None
ABSENT: McDonald
ABSTAIN: None
Taylor, Bruesch, Cleveland
T ivLC.e--
CI Y CLERK
71.
E-41 (2)