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Res 07-010 RESOLUTION NO. 07-010 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA DETERMINING THAT THE POWAY GRADE MINA DE ORO PROJECT IS OF BENEFIT TO THE PAGUAY REDEVELOPMENT PROJECT WHEREAS, the poway Redevelopment Agency is authorized to carry out the redevelopment of the Paguay Redevelopment Project Area; and WHEREAS, the Poway Redevelopment Agency, in partnership with the local business and residential community, has identified a need for the Poway Grade Mina De Oro Project to construct a left-turn lane at the intersection of Poway Grade and Mina De Oro; and WHEREAS, the design of the Poway Grade Mina De Oro Project is complete and there is need for additional funding for right-of-way acquisition and construction; and WHEREAS, the Poway Grade Mina De Oro Project is proposed to be located outside, but adjacent to the Paguay Redevelopment Project Area, and the improvements are necessary for the execution of the Project under the provisions of the California Community Redevelopment Law (Health and Safety Code, Section 33000 et seq.) and pursuant to the Redevelopment Plan for the Project which was adopted on December 13, 1983, by Ordinance No. 117 of the City Council and amended on June 15, 1993, by Ordinance No. 415 of the City Council; and WHEREAS, Section 400 of the amended Redevelopment Plan identifies the elimination of traffic circulation deficiencies, and the provision of future access to accommodate regional traffic demands and service currently undevelopable outlying areas, as goals and objectives of the Poway Redevelopment Agency which will mitigate or eliminate blighting conditions that the implementation of this Redevelopment Plan is intended to achieve; and WHEREAS, Section 501 of the amended Redevelopment Plan provides for the acquisition, installation, development, construction, reconstruction, redesign, replanning or reuse of streets, utilities, curbs, gutters, sidewalks, traffic control devices, flood control facilities and other public improvements, public facilities, utilities or other structures, as specific redevelopment actions which the Poway Redevelopment Agency may undertake to eliminate and prevent the reoccurrence of conditions of blight, and to strengthen the economic base of the Project Area; and WHEREAS, the City has made every reasonable effort to seek alternative sources of funds for the Poway Grade Mina De Oro Project, through solicitation of grants and donations, imposition of appropriate fees, and use of other City funds, but these funds have been insufficient to pay for the full cost of the Poway Grade Mina De Oro Project; and Resolution No. 07-010 Page 2 WHEREAS, Section 33445 of the California Health and Safety Code requires the City Council to determine that the project is of benefit to the Paguay Redevelopment Project, that no other reasonable means offinancing are available to the City, and that the Poway Grade Mina De Oro Project will assist in the elimination of blighting conditions inside the Paguay Redevelopment Project Area. NOW, THEREFORE, BE IT RESOLVED by the City Council ofthe City of Poway as follows: Section 1. The City Council hereby determines that the Poway Grade Mina De Oro Project, which will construct a left-turn lane at the intersection of Poway Grade and Mina De Oro, will be of benefit to the Paguay Redevelopment Project. Section 2. The City Council hereby determines that the Poway Grade Mina De Oro Project will meet goals listed in the Redevelopment Plan, as amended, and in the Redevelopment and Housing Implementation Plan, which includes the elimination oftraffic circulation deficiencies and the provision of future access to accommodate regional traffic demands and service in currently undevelopable outlying areas, and the provision of adequate roadways and traffic and circulation improvements to correct street alignment problems and substandard alleys, to eliminate road hazards, and to provide adequate street and freeway access. Section 3. The City Council hereby determines that the Poway Grade Mina De Oro Project is provided for in the Paguay Redevelopment Plan. Section 4. The City Council hereby determines that the payment of funds for the Poway Grade Mina De Oro Project is consistent with the Redevelopment and Housing Implementation Plan. Section 5. The City Council further determines that no other reasonable means of financing the Poway Grade Mina De Oro Project is available to the community. The Agency finds that City and Agency staff have made every reasonable effort to seek alternative sources of funds prior to consideration of Agency funds for the Poway Grade Mina De Oro Project, grants have been sought, donations requested, and other Redevelopment Agency funds have been utilized for other projects as appropriate within the guidelines of fiscal prudence, but the City does not have sufficient funds to pay for desired programs, projects, improvements and services. The Poway Redevelopment Agency further finds that development fees, property tax, sales tax and other sources of revenue will not be sufficient to pay for the identified Poway Grade Mina De Oro Project. Section 6. The City Council hereby determines that the payment of funds for the Poway Grade Mina De Oro Project will assist in the elimination of one or more blighting conditions inside the Paguay Redevelopment Project Area, in that the project will alleviate a potential traffic impasse, and improve vehicular safety and visibility along a major arterial in the community. Resolution No. 07-010 Page 3 PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway at a regular meeting this 16th day of January 2007. ATTEST: ~liUvrxilh~ L. Diane Shea, City Clerk STATE OF CALIFORNIA ) ) SS COUNTY OF SAN DIEGO ) I, L. Diane Shea, City Clerk of the City of Poway, do hereby certify under penalty of perjury that the foregoing Resolution No. 07-010 was duly adopted by the City Council at a meeting of said City Council held on the 16th day of January, 2007 and that it was so adopted by the following vote: AYES: BOYACK, EMERY, HIGGINSON, REXFORD, CAFAGNA NOES: NONE ABSENT: NONE DISQUALIFIED: NONE ~ fltJalJlOlif L. Diane Shea, City Clerk City of Poway