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CC - 1984-10 - Commercial Revitalization Needs Assesment0 • RESOLUTION NO. 84-10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD APPROVING THE COMMERCIAL REVITALIZATION NEEDS ASSESSMENT FOR THE VALLEY BOULEVARD CORRIDOR AND ESTABLISHING THE VALLEY BOULEVARD CORRIDOR AS A TARGET AREA FOR THE COM- MUNITY DEVELOPMENT BLOCK GRANT PROGRAM WHEREAS, the City of Rosemead intends to initiate a commercial reha- bilitation program using Community Development Block Grant (CDBG) funds during the 1983-84 program year; and WHEREAS, the City of Rosemead would like to offer said program to property owners within the Valley Boulevard Corridor as defined in Attach- ment A; and WHEREAS, there is ample evidence of a substantial number of deteri- orating or dilapidated buildings or improvements and other environmental deficiencies throughout the area that constitute slums or blight in accor- dance with the CDBG program regulations and the blight criteria established by the Community Development Commission of the County of Los Angeles; and WHEREAS, the designation of this area as a CDBG target area would allow the City of Rosemead to use CDBG funds for correcting such defi- ciencies; and WHEREAS, such action would greatly aid in the implementation of the City's economic development strategy. NOW THEREFORE, BE IT RESOLVED, that the Rosemead City Council does hereby: 1. Approve the Valley Boulevard Commercial Revitalization Needs Assess- ment (attached hereto). 2. Designate the Valley Boulevard Corridor as a target area for the CDBG program. 3. Authorize the use of CDBG funds to develop and implement programs to eliminate or prevent blight in the Valley Boulevard Corridor. PASSED, APPROVED AND ADOPTED this 24th day of January, 1984. J ayor, -LI ty of Rosemead ATTEST: ~A City Clerk