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Res 86-008RESOLUTION NO. 86-008 A RESOLUTION OF THE CITY (I)UNCIL OF THE CITY OF POWAY, CALIFORNIA, DETE~4INING CRRTAIN PUBLIC IMPRfIVqSM~CS TO BE OF BENEFIT TO THE PAGUAY REDEV~O~ PRO35L~; CONSENTING TO THE PAYMENT BY THE REDEV,:~ OPMENT AGENCY TO THE CITY OF POWAY OF TME VALUE OF THE INST~Lr.ATION AND O0NSTRUCTION OF SUCH PUBLIC IMP~; AND APPROVING AND AUTMORIZING THE EX~/0TION OF A COOPERATIVE AND REIMBURSEMENT THEREFORE BETW~ THE CITY AND THE AG~qCY WHEREAS, The City of Poway will undertake the installationfof a noise atte- nuationwall, curbs, gutters, sidewalks, street lights, and landscaping along the east side of Pc~eradoRoadbetweenRobison Boulevard andGlenoakRoad; and WR~(EAS, Pcmerado Road is within the Paguay Redevelogm~nt Project and the installation of the aforesaid improv~nents is necessary for the execution of the Project under the provisions of the California C~.,%%unity Redevelopment Law (Health and Safety code, Section 33000 et. seq.) and pursuant to the Redevelolanent Plan for the Project, which l~_~evelclmnent Plan was adopted on Dec~mmber 13, 1983, by Ordinance No. 117 of the City Council; and WHEREAS, the Redevelo[~f~nt Agency of the City of Poway desires to reimburse and pay the City for the value of the construction work, the terms and provi- sions of such reimbursement being contained in a "Cooperation and Reimbursement Agreement" bet~_n the City and the Agency, which is attached hereto and labeled as Exhibit A; and WHEREAS, Section 33445 of the California Health end Safety Code requires the City to determine the issue of benefit to the Paguay Redevelo~]-~_nt Project prior to such reimbursement payments being made to the City by the Agency. NOW, THEREFORE, BE IT RE.qDLVED by the City Council of the City of Poway as follows: Section 1. It is hereby determined that t_he installation and construction of public improvements necessary to mitigate adverse noise levels and to enhance pedestrian safety are of benefit to the Paguay Redevelopment Project. Section 2. The City council hereby consents and approves the reimburs~m~ent and payment by the Agency to the City of Poway for the value of the construction work as set forth in the attached Cooperation and R~imbursenent Agreement. Section 3. The City Council hereby approves the attached Cooperation and Reimbursement Agreement, and hereby authorized the Mayor to execute, and the City Clerk to attest to said Agrc~--~ent on behalf of the City. Resolution No. 86-008 Page 2 Section 4. The City Clerk shall certify to the adoption of this resolution. PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway, California, at a regular m~cting thereof this~ day of January, 1986. Carl R. Kruse, Mayor ATTEST: Marjorie K. Wahlsten, City Clerk