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Res 10-006 RESOLUTION NO. 10-006 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA DETERMINING THAT THE VETERANS PARK 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 Veterans Park to increase the availability of passive park space in the community; and WHEREAS, the Veterans Park is located within the Paguay Redevelopment Project Area, and the improvements are necessary for the execution of the Project under the provisions of 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 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 Area and that no other reasonable means of financing are available to the City. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Poway as follows: Section 1: The City Council hereby determines that the Veterans Park will be of benefit to the Paguay Redevelopment Project Area and the surrounding community in that the improvements will maintain and maximize the availability of passive park space in the community. Further, the project will meet goals listed in the Redevelopment Plan, as amended on June 15, 1993, and in the Redevelopment and Housing Implementation Plan, which include the acquisition and development of new parks and recreation facilities to meet General Plan requirements and also, provide for open space. Section 2: The City Council hereby further determines that these improvements will assist in creating a physical and economic environment in the project area that will support private reinvestment in both residential and commercial facilities by existing property owners and potential developers that will eliminate physical and economic conditions of blight, including investments that will help to overcome depreciated or stagnant property values, abnormally high business vacancies, and conditions that prevent of substantially hinder the viable use of buildings. Section 3: The City Council further determines that no other reasonable, means of financing the improvements are available to the community. Section 4: The City Clerk shall certify to the adoption of this Resolution. Resolution NO.1 0-006 Page 2 PASSED"ADOPTED AND APPROVED, by the City Council of the City of Poway at a regular meeting this 19th day of January 2010. I ,~ , Don Higginson, Mayor ATTEST: s,x~? ~- o oa A Troyan, MMC, City Clerk STATE OF CALIFORNIA ) ) SS COUNTY OF SAN DIEGO ) I, Linda A Troyan, City Clerk of the City of Poway, do hereby certify under penalty of perjury that the foregoing Resolution No. 10-006 was duly adopted by the City Council at a meeting of said City Council held on the 19th day of January 2010, and that it was so adopted by the following vote: AYES: BOYACK, CUNNINGHAM, REXFORD, KRUSE, HIGGINSON NOES: NONE ABSENT: NONE DISQUALIFIED: NONE ~ Li . Tr yan, MMC, City Clerk ity of P ay