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Res 92-068RESOLUTION NO. 92- 068 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, STATE OF CALIFORNIA DETERMINING THAT THE ADRIAN STREET IMPROVEMENTS TO BE OF BENEFIT TO THE PAGUAY REDEVELOPMENT AGENCY WHEREAS, The Poway Redevelopment Agency will undertake the Adrian Street Improvements (5264); and WHEREAS, The proposed project is within the Paguay Redevelopment Project and pursuant to the Redevelopment Plan for the Project, which Redevelopment Plan was adopted on December 13, 1983 by Ordinance No. 177 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 expenditure of funds and that no other reasonable means of financing is available; and WHEREAS, the proposed project is of benefit to the Redevelopment project area in that it would enhance the safety and access to the neighborhood residents by widening, paving and improving Adrian Street, increasing access to properties adjoining Adrian Street including fire and safety access, therefore, increasing the safety of the area. NOW, THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF CITY OF POWAY AS FOLLOWS: The City Council finds that funding the Adrian Street Improvements is of benefit in that it provides the necessary funding for the improvements of Adrian Street. ® The City Council determines that pursuant to Health and Safety Code 33445 {a) the Adrian Street Improvements is of benefit to the project area; and, {b} no other reasonable means of financing the project is available to the City of Poway PASSED, ADOPTED AND APPROVED, by the City Counc~Yq of the City of Poway at a regular meeting thereof this 5~day of ~ay/, 1992. ATTEST: ~ J x j Marjori~ K~ W , ' y Clerk RES-ADR Resolution No. 92-068 Page 2 STATE OF CALIFORNIA ) ) ss. 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. 92-067 was duly adopted by the City Council at a meeting of said City Countil held on the 5th day of May, 1992, and that it was adopted by the following vote: AYES: EMERY, HIGGINSON, MCINTYRE, SNESKO, GOLDSMITH NOES: NONE ABSTAIN: NONE ABSENT: NONE Marjori~. Wahlsten, City Clerk RES-ADR1