RRA - Item 2 - Resolution 2001-17 - Making Certain Findings and Determinations with Respect to Redevelopment Agency Payment for the Reconstruction of Hellman Ave Bridge Over Alhambra WAshRESOLUTION NO. 2001-17
RESOLUTION 2001-17 - A RESOLUTION OF THE ROSEMEAD
REDEVELOPMENT AGENCY MAKING CERTAIN FINDINGS AND
DETERMINATIONS WITH RESPECT TO REDEVELOPMENT AGENCY
PAYMENT FOR THE RECONSTRUCTION OF HELLMAN AVENUE BRIDGE
OVER ALHAMBRA WASH
WHEREAS, the improvement project will take place at a location adjacent to the boundaries of
Project Area No. 1 as depicted in Exhibit "A"; and
WHEREAS, the reconstruction of the Hellman Avenue Bridge over Alhambra Wash will provide
improved vehicular access along roadways within and adjacent to Project Area No. 1; and
WHEREAS, the total Agency obligation for the project shall not exceed Five Hundred Thousand
Dollars ($500,000).
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 reconstruction of Hellman
Avenue Bridge over Alhambra Wash 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 reconstruction of Hellman
Avenue Bridge over Alhambra Wash will eliminate blighting conditions within the project area by
providing a bridge structure that meets current seismic and safety codes and will provide improved
vehicular access along roadways within and adjacent to Project Area No. 1, 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 24th day of July, 2001.
CHAIRMAN
ATTEST:
AGENCY SECRETARY
AGENCY AGENDA
JUL 2 4 2001
ITEM No. °2.
Project Location
a