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CC - 1984-64 - Egley Avenue reconstruction project- C 0 RESOLUTION NO. 84-64 0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD MAKING CERTAIN FINDINGS AND DETERMINATIONS WITH RESPECT TO THE "EGLEY AVENUE RECONSTRUCTION PROJECT" WHEREAS, the portions of Egley Avenue, Prospect Avenue, Lindy Avenue and DeQuinne Avenue, as depicted on Exhibit "A", attached hereto and incorporated herein by this reference, lie westerly of Project Area No. 1; and WHEREAS, improvement of these streets will accommodate increasing traffic volume utilizing the Garvey Avenue corridor through Project Area No. 1. NOW, THEREFORE, the City Council of the City of Rosemead resolves as follows: Section 1. The City Council finds, determines and declares: (a) The payment by the Rosemead Redevelopment Agency of the costs of improving (new pavement, repair of curb, gutters, sidewalks, as necessary) those portions of Egley Avenue, Prospect Avenue, Lindy Avenue and DeQuinne Avenue, as depicted on Exhibit "A", is of benefit to Project Area No. 1. This finding is based upon the proximity of these streets and their service to the Garvey Avenue corridor through 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 adop- tion of this Resolution. PASSED, APPROVED and ADOPTED this 11th day of December 1984. ATTEST: CITY CLERK y 1 ) iT~ I ~II iV 1ED r7-_l~Ogl li _1 LL I I cl I~l:~~ i ~ l~ O ~a"I c ~ r S an Gabriel -fill n Y I i.-^- I V JUL I _ LFL t \ w, _ t\I = I'•~" - ``I'ii-'..~ Temple City I ' \ ~ I G I I I r'r tt' \~~y:- ~ ~7 F, Lam) ~wr' L ~1 ILA r.- 1 it 1. r. El I'dont n k~. T y II L L Ir n { I Y r~ N , I`j,~,~1 L' Q I II 4_ II j II ; S~H Kw `.I~ Sot, EI Monte T PLANNING DEPT. CITY OF ROSEMEAD