CDC - Item 2 - Traffic Signal On Hellman AvenueRESOLUTION NO. 2005-13
A RESOLUTION OF THE ROSEMEAD REDEVELOMENT COMMISSION
MAKING CERTAIN FINDINGS AND DETERMINATIONS WITH RESPECT TO
COMMUNITY DEVELOPMENT COMMISSION PAYMENT FOR INSTALLATION
OF A TRAFFIC SIGNAL AT HELLMAN AVENUE/EASTBOUND 1710
FREEWAYOFFRAMP
WHEREAS,.the improvement project will take place at a location adjacent to the boundaries of
Project Area Nos. 1 and 2 as depicted in Exhibit "A"; and
WHEREAS, the installation of a traffic signal at Hellman Avenue/Eastbound 1-10 Freeway Offramp
and traffic signal controller upgrades Citywide will serve to upgrade City streets, improve public safety and
vehicular access'along roadways within and adjacent to Project Areas No. 1 that have been previously
improved with financing from the Rosemead Community Development Commission; and
WHEREAS, the total Community Development Commission obligation for the project shall not
exceed Two Hundred Forty Thousand Dollars ($240,000).
NOW, THEREFORE, the Rosemead Community Development Commission resolves as follows:
Section 1. The Rosemead Community Development Commission finds, determines, and
declares:
(a)The payment by the Rosemead Community Development Commission for costs associated
with the installation of a traffic signal at Hellman Avenue/Eastbound 1-10 Offramp and traffic signal
controller upgrades Citywide, as depicted in Exhibit "A", is of benefit to the Project Areas. This
finding is based on the fact that the improvements will serve to improve the infrastructure and
eliminate blighting conditions by providing enhanced public safety and improved vehicular access
along roadways within and adjacent to Project Areas Nos. 1 and 2, thus enhancing the value of
abutting properties.
(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 and major required expenditures are
stabilized.
Section 2. The Commission Secretary shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 13th day of September, 2005.
CHAIRMAN
ATTEST:
COMMISSION SECRETARY
COMMISSION AGENDA
SEP 13 2005
ITEM No.
Exhibit "A"
CITY OF ROSEMEAD
TRAFFIC SIGNAL MAP
TRAFFIC SIGNALS MAINTAINED BY:
_ ® ROSEMEAD
REPUBLIC ELECTRIC
(714) 535-0550 -
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=h,, F 0 CALTRANS
-a z (213) 897-0383
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L L COUNTY
LOS ANGELES COUNTY - (625) 458-HELP
MONTERY PARK
COMPUTER SERVICE COMPANY
8.5 M-F (909) 738-2079
AFTER HOURS (714) 291-3529
Not a Part of this Project