RRA - Item 2 - Asphalt Concrete Overlay on Various StreetsRESOLUTION NO. 2000-26
A RESOLUTION OF THE ROSEMEAD REDEVELOPMENT AGENCY MAKING
CERTAIN FINDINGS AND DETERMINATIONS WITH RESPECT TO
REDEVELOPMENT AGENCY PAYMENT FOR ASPHALT CONCRETE
OVERLAY ON VARIOUS STREETS FISCAL YEAR 2000-01
WHEREAS, the improvement project will take place at locations within and adjacent to the
boundaries of Project Area No. 1 as depicted in Exhibit "A"; and
WHEREAS, the improvement project to be constructed in areas within and adjacent to Project
Area No. 1 will improve the area structurally; and
WHEREAS, the total Agency obligation for the project shall not exceed One Hundred Fifteen
Thousand Dollars ($115,000).
NOW, THEREFORE, the Rosemead Redevelopment Agency resolves as follows:
Section 1. The Rosemead Redevelopment Agency finds, determines, and declares:
(a)The payment by the Rosemead Redevelopment Agency for the Asphalt Concrete Overlay on
Various Streets Fiscal Year 2000-01 within and adjacent to Project Area No. 1, as depicted in
Exhibit "A", is of benefit to the Project Area. This finding is based on the fact that the
improvements made at the location indicated on Exhibit "A" will serve to improve the infrastructure
within and adjacent to Project Area No. 1.
(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.
(c)The payment by the Rosemead Redevelopment Agency for the specified asphalt concrete
overlay improvements will eliminate blighting conditions within the project area by providing a
"new" street appearance on roadways within and adjacent to the project area, thus enhancing the
value of abutting properties.
Section 2. The Agency Secretary shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 10th day of October, 2000.
ATTEST:
AGENCY SECRETARY
CHAIRMAN
AGENCY AGENDA
OCT 10 2000
ITEM No.
EXHIBIT "A"
ASPHALT CONCRETE OVERLAY
ON
VARIOUS STREETS
FISCAL YEAR 2000-01
• Brighton Street (Garvalia Avenue to Garvey Avenue)
• Charlotte Avenue (Graves Avenue to North End)
• Delta Avenue (Fern Avenue to Garvey Avenue)
• Denton Avenue (Graves Avenue to Garvey Avenue)
• Fern Avenue (Falling Leaf Avenue to San Gabriel Boulevard)
• Angelus Avenue (Klingerman Street to Fern Avenue)
• Gladys Avenue (Graves Avenue to Klingerman Street)
• Kelbum Avenue (Graves Avenue to Garvey Avenue)
• Newmark Avenue (Denton Avenue to San Gabriel Boulevard)
• Pine Avenue (Graves Avenue to Garvey Avenue)
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