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Res 92-002RESOLUTION NO. 92-002 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA DETERMINING CERTAIN PUBLIC IMPROVEMENTS TO BE OF BENEFIT TO THE PAGUAY REDEVELOPMENT AGENCY W~mEREAS, The City Council will undertake the construction of a new Traffic Signal at Oak Knoll Road and Pomerado Road (5309); and WMEREJkS, the proposed project is within the Paguay Redevelopment Project and the installation of the the aforementioned improvements is necessary for the execution of the project under the provisions of the California Community Redevelopment Law {Health and Safety Code, Section 3000 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 NOW, THEREFORE, BE IT RESOLVED by the City of Poway as follows: Section 1. It is hereby determined that the construction of a new traffic signal at Oak Knoll Road and Pomerado Road 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, AI)OPTEO AND APPROVED by the City o~ Poway at a regular meeting there°f thls 7th day °f January' lgg2 (i ~ ,,. Jan~Go.L~.~h, Mayor ATTEST: Marjorie)q. Wahlsten, City Clerk Resolu[ton No. 92-002 Page 2 STATE OF CALIFORNIA ) ) $$o COUNTY OF SAN DIEGO ) I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify under penalty of perjury that the foregoing Resolution No.92-00~ was duly adopted by the City Council at a meeting of said City Council held on the 7th day of January, 1992 and that it was so adopted by the following vote: AYES: EMERY, HIGGINSON, MCINTYRE, SNESKO, GOLDSMITH NOES: NONE ABSTAIN: NONE ABSENT: NONE Marjor~e/K. Wahl sten, y erk City o~oway