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Res 87-083RESOLUTION N0.87-083 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA DETERMINING CERTAIN PUBLIC IMPROVEMENTS TO BE OF BENEFIT TO THE PAGUAY REDEVELOPMENT PROJECT (TRAFFIC SIGNAL AT COMMUNITY ROAD AND AUBREY STREET AND MIDLAND ROAD AND TWIN PEAKS ROAD) WHEREAS, the Poway Redevelopment Agency will undertake the construction of a Traffic Signal at Community Road and Aubrey Street and the replacement of the Traffic Signal at Midland Road and Twin Peaks Road. WHEREAS, these improvements 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 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 City to determine the issue of benefit to the Paguay Redevelopment Project prior to construction of the public improvements and that no other reasonable means of financing are available. NOW, THEREFORE, BE IT RESOLVED by the City of Poway as follows: Section 1. Iris hereby determined that the aforementioned improvements are of benefit to the Paguay Redevelopment Project. Section 2. That no other reasonable means of financing the improvements are available to the community. Section 3. The Clerk shall certify to the adoption of this resolution. PASSED, ADOPTED AND APPROVED by t~e City of Poway at a regular meeting thereof this ?th day of July, 1987. ATTEST: Marjorie K. Wahlsten, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify that the foregoing Resolution, No. 8?-083 , was duly adopted by the City Council at a meeting of said City Council held on the ?th day of July , 1987, and that it was so adopted by the following vote: AYES: ~MERY, HIGGINSON, TARZY NOES: NONE ABSTAIN: ABSENT: BRANNON, KRtGE Marjorie K. Wahlsten, City Clerk City of Poway