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Res 86-093RESOLUTION NO. 86-093 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIa, DETERMINING THAT THE CONSTRUCTION OF CERTAIN PUBLIC IMPROVEMENTS ARE OF BENEFIT TO THE PAGUAY REDEVELOPMENT PROJECT AND THE IMMEDIATE NEIGHBORHOOD IN WHICH THE PROJECT IS LOCATED AND DETERMINING THAT THERE ARE NO OTHER REASONABLE MEANS OF FINANCING SAID PUBLIC IMPROVEMENTS. WHEREAS, The Poway Redevelopment Agency is authorized to carry out the redevelopment of the Poway Redevelopment Project Area; and WHEREAS, the Redevelopment Plan for the Project Area authorizes and directs the Agency to pay all or part of the value of the con- struction of public improvements, which are enumerated in materials referenced in the Redevelopment Plan; and WHEREAS, the Poway Redevelopment Agency will undertake the construction of water mains and fire hydrants at Leona Lane, Mountain Road, and Roca Grande; and WHEREAS, these areas are within the Paguay Redevelopment Project and the installation of the aforesaid improvements is 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 Redevelopment Plan was adopted on December 13, 1983, by Ordinance No. 117 of the City Council; and WHEREAS, Section 33445 of the California Health and Safety Code requires the Agency to determine the issue of benefit to the Paguay Redevelopment Project prior to construction of the public improve- ments and that no other reasonable means of financing are available. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Poway does hereby resolve as follows: Section 1. The City Council hereby determines that the installa- tion and construction of water mains and fire hydrants at Leona Lane, Mountain Road, and Roca Grande are of benefit to the Paguay Redevelopment Project by providing permanent water service and increased fire protection to said three areas. Section 2. The City Council further determines that no other reasonable means of financing the improvements are available to the community. Section 3. The Secretary shall certify to the adoption of this resolution. Resolution No. 86-093 Page 2 PASSED, APPROVED, AND ADOPTED by the City Council of the City of Poway this 19th day of August 1986. Carl R. Kruse, Mayor ATTEST: Marjorie K. Wahlsten, City Clerk