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Res 88-039RESOLUTION N0.88_039 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA DETERMINING CERTAIN PUBLIC IMPROVEMENTS TO BE OF BENEFIT TO THE PAGUAY REDEVELOPMENT AGENGY WHEREAS, The Poway Redevelopment Agency will undertake the construc- tion of a new Traffic Signal at Glen Oak and Pomerado Road, and Installation of Flashing Beacons at Garden Road School; and 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 3345 of the California Health and Safety Code requir- es 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. It is 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 the resolution. PASSED, ADOPTED AND APPROVED by the City of Poway at a regular meeting thereof this l'7th day of May, 1988. Robert Emery, Mayor~ ATTEST: Marjorime~. Wahlsten, City Clerk ~' STATE OF CALIFORNIA ) ) SS. COUNTY OF SAN DIEGO ) Resolution No. 88-039 Page 2 I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify under penalty of perjury that the foregoing Resolution, No. 88-039 , was duly adopted by the City Council at a meeting of said City Council held on the 17th day of May , 1988, and that it was so adopted by the following vote: AYES: NOES: ABSTAIN: ABSENT: Brannon, Higginson, Kruse, Tarzy, Emery None None None Marjorie K.', Wahlsten, City Clerk City of ~ay