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HomeMy WebLinkAbout1977 048 CC RESO1977 048 CC RESO;¢fìõ”peRESOLUTION NO. 77-48 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK APPROVING AN AGREEMENT BETWEEN SAID CITY AND THE BALDWIN PARK REDEVELOPMENT AGENCY PURSUANT TO HEALTH AND SAFETY CODE SECTION 33445 AND MAKING CERTAIN FINDINGS WITH RESPECT THERETO WHEREAS, the Community Redevelopment Law of the State of California Health and Safety Code Sections 33000 et seq.), among other provisions granting powers to redevelopment agencies, contains Section 33445 which provides that a redevelopment agency, with the consent of the legislative body, may pay all or part of the cost of installing and constructing any building, facility, structure or other improve- ment which is publicly owned either within or without a project area upon a determination by such agency and such legislative body by resolution that such building, facility, structure or other improvement is of benefit to such project area; and WHEREAS, said Section 33445 also provides that when the community has initially paid for such installation or construction or will pay for same, the agency may agree to reimburse the community for said payments; and WHEREAS, the City has proposed the installation and construction of certain public improvements as described on Exhibit A" attached hereto and incorporated herein by this reference. NOW, THEREFORE, the City Council of the City of Baldwin Park finds, determines, and resolves as follows: SECTION 1. The acquisition, construction and installation of the publicly owned facilities as described in Exhibit A" attached hereto and incorporated herein by this reference will directly and substantially benefit the San Gabriel River Redevelopment Project and the implementation of the adopted redevelopment plan. The development of the proposed public improvements will provide a substantial incentive to the development of the areas within the redvelopment project and will provide substantial inducement for commercial firms to locate their facilities within said project area. SECTION 2. It is hereby found and determined that the acquisition, install ion, and construction of the publicly owned facilities described on Exhibit A" are of benefit to the project area or the immediate neighborhood in which the project is located and that no other reasonable means of financing any of the public improvements herein referred to are available to the community. With respect to the other means of financing, it is found and determined that the principal benefits of the proposed improvements will be to the project area and that no general City obligation bonds should therefore be proposed to the voters of the City; the City is unable to provide general funds in sufficient amounts to pay the costs of the improvements and facilities proposed; and other sources of revenue available to the City have been committed to projects in other locations and are not available for the project. SECTION 3. The Mayor and City Clerk are hereby authorized and directed to execute an Agreement with the Agency in substantially the form attached hereto. SECTION 4. The City Clerk shall certify to the adoption of this Resolution. APPROVED AND ADOPTED this 7th day of July 1977. ATTEST: /7 t^4e^-^-^ xl /^-^^<^ THELMA L. BALKUS, CITY CLERK BIB] 37685-U01 1977-U02 048-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10862-U03 DO11095-U03 C6-U03 RESO-U03 3/4/2003-U04 ROBIN-U04 1977 048 CC RESO;¢fìõ”peResolution No. 77-48 Page No. 2___~ STATE OF CALIFORNIA COUNTY OF LOS ANGELES) SS: CITY OF BALDWIN PARK I. THELMA L. BALKUS» City Clerk of the City of Baldwin Park, do hereby certify that the foregoing resolution was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at its__________regular meeting of the City Council on the 7th dny of____July_____, 1977 by the following vote: AYES: COUNCILMEN AGUILAR, HAMILTON, BLEWETT, KITCHEL AND MAYOR WALDO NOES: COUNCILMEN_______ ABSTAIN: COUNCILMEN_______ ABSENT: COUNCILMEN M^^ vs^^ THELHA L. BALKUS. CtTV CLEMC BIB] 37685-U01 1977-U02 048-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10862-U03 DO11095-U03 C6-U03 RESO-U03 3/4/2003-U04 ROBIN-U04 1977 048 CC RESO;¢fìõ”peResolution No. 77-48 EXHIBIT A' ESTIMATED COSTS FOR THE IMPROVEMENT PLAN IN THE SAN GABRIEL RIVER REDEVELOPMENT PROJECT AREA Improvements to the 605 Freeway on/off ramp system including signals, streets and freeway on/off ramp realignment and other related improvements) $ 289,750.00 Improvements to streets and public rights-of-way including signals, street realignments and other related improvements) 3,091,250.00 TOTAL ESTIMATED COSTS $3,381,000.00 BIB] 37685-U01 1977-U02 048-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10862-U03 DO11095-U03 C6-U03 RESO-U03 3/4/2003-U04 ROBIN-U04