CC - Item 3B - Findings and Determination for Installation of Traffic Signals at Hellman/Jackson On the Entrance of Senior Housing RESOLUTION NO. 99-12
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD
MAKING CERTAIN FINDINGS AND DETERMINATIONS WITH RESPECT TO
REDEVELOPMENT AGENCY PAYMENT FOR INSTALLATION OF TRAFFIC
SIGNALS AT HELLMAN/JACKSON AVENUES AND AT THE ENTRANCE TO
THE GARVEY SENIOR HOUSING PROJECT
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 enhance safety and improve traffic flow; and
WHEREAS, the total Agency obligation for the project shall not exceed Three Hundred Thousand
Dollars ($300,000).
NOW, THEREFORE, the Rosemead City Council resolves as follows:
Section 1. The Rosemead City Council finds, determines, and declares:
(a) The payment by the Rosemead Redevelopment Agency for the Hellman/Jackson and
Garvey Senior Center Traffic Signal Project 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 traffic signal
improvements will eliminate blighting conditions within the project area by enhancing safety and
improving traffic flow on roadways within and adjacent to the project area, thus enhancing the
value of abutting properties.
Section 2. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 13th day of April , 1999.
ATTEST: MAYOR
COUNCIL AGENDA
CITY CLERK APR 1/3/1999
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EXHIBIT "A"