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Res 87-098RESOLUTION NO. 87-098 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA, DETERMINING THAT THE CONSTRUCTION OF CERTAIN PUBLIC FACILITIES IS 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 (the "Agency") is authorized to carry out the redevelopment of the Paguay Redevelopment Project Area (the "Project"); and WHEREAS, the Redevelopment Plan for the Project Area authorizes and directs the Agency to pay all or part of the value of the acquisition and construction of public improvements, which are enumerated in materials referenced in the Redevelopment Plan and which include the construction of Learning Resource Centers at Pomerado, Valley, Midland, and Garden Road Schools (the "Centers"); and WHEREAS, the Agency desires to construct the Centers; and WHEREAS, California Health and Safety Code Section 33445 provides that the Redevelopment Agency may, with the consent of the legislative body, pay all or part of the value of public buildings, facilities, structures or other improve- ments upon a finding that such public improvements are of benefit to the Project Area or the immediate neighborhood in which the Project is located and that there is no other reasonable means of financing such public improvements available for the community; and WHEREAS, without the direct financial participation by the Agency, there are insufficient resources available for the construction of the Centers; and WHEREAS, the Centers are facilities used by and of benefit to persons residing in the Project Area; and WHEREAS, the Poway Unified School District (the "District") proposes to enter into a Property Exchange Agreement with the Agency in the form of Exhibit "A" hereto (the "Agreement"), which is incorporated herein by reference. NOW, THEREFORE, the City Council of the City of Poway does hereby resolve as follows: Section 1: The City Council hereby determines that the construction of the Centers will be of benefit to the Project Area and the surrounding area neighborhood in which the Project is located. Resolution No. 87-098 Page 2 Section 2: The City Council further determines that there are no other reasonable means for financing the construction of the Centers without having the Agency pay all or part of the value of such construction. Section 3: The City Council consents to the execution by the Agency of the Agreement, and the payment by the Agency as defined in and pursuant to such Agreement. This resolution does not constitute authorization for the expen- diture of City funds. PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway, California, at a regular meeting thereof this 18th day of August, 1987. ATTEST: Ma jori~. Wahlsten, City Clerk STATE OF CALIFORNIA ) SS, COUNTY OF SAN DIEGO ) Bruce J. Tar M I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify under penalty of perjury that the foregoing Resolution No. 87-098 was duly adopted by the City Council at a meeting of said City Council held on the 18th day of August, 1987, and that it was so adopted by the following vote: AYES: Brannon, Emery, Higginson, Kruse, Tarzy NOES: None ABSTAIN: None ABSENT: None 6/R/PUSD2&3/CP61 Marjori/e I~. Wahlsten, City Clerk City or,way