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Res 91-011RESOLUTION NO. 91-011 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA DETERMINING THAT THE ACQUISITION OF THREE PARCELS 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 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 acquire property for public purposes which are enumerated in materials referenced in the Redevelopment Plan; and WHEREAS, this property is within the Paguay Redevelopment Project and the acquisition 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 the acquisition of the property and that no other reasonable means of financing are available. NOW, THEREFORE, IT IS RESOLVED that the City Council of the City of Poway does hereby resolve as follows: Section 1. The City Council hereby determines that the acquisition of .88 acres generally bounded by Adrian Street and Midland Road is of benefit to the Paguay Redevelopment Project and the surrounding community. Section 2. The City Council further determines that no other reasonable means of financing the improvements are available to the community. Resolution No. 91-011 Page 2 Section 3. 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 meeting thereof this 29th day of January , 1991. ATTEST: Wahlsten, Clerk Marjor~K. City STATE OF CALIFORNIA ) ) SS. COUNTY OF SAN DIEGO ) I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify the foregoing Resolution No. 91-~11 was duly adopted by the City Council at a meeting of said City Council on the 2~h day of Janua~ , 1991 and that it was so adopted by the following vote: AYES: NOES: ABSTAIN: ABSENT: EMERY, HIGGINSON, MC INTYRE, SNESKO, GOLDSMITH NONE NONE NONE C:XWP51\RESXBENEFITC.RES R/}3 [<' Marjor~iu K. Wahlsten, City Clerk City o~Poway