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Res 92-113RESOLUTION NO. 92-113 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA, DETERMINING THAT THE IMPROVEMENT OF GARDEN ROAD TO ITS ULTIMATE WIDTH TO BE OF BENEFIT TO THE PAGUAY REDEVELOPMENT PROJECT WHEREAS, the Poway Redevelopment Agency has undertaken the improvement of Garden Road to ultimate width (5242); 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. 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 expenditure of funds and that no other reasonable means of financing are available; and WHEREAS, the improvement of Garden Road provides safe pedestrian access for elementary school children between school and home; and WHEREAS, public infrastructure improvements on Garden Road, in this case new concrete curb, gutter and sidewalk and the undergrounding of overhead utility lines provide a stimulus for private investment in nearby properties which contain low and moderate income housing; and NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Poway as follows: The Council finds that improvement of Garden Road to its ultimate width is of benefit in that (1) it provides improved pedestrian access for elementary school children walking to and from school and (2) it is a public investment in infrastructure which can stimulate private improvements in adjacent neighboring property. The Council determines that pursuant to Health and Safety Code 33445, (1) the improvement of Garden Road is of benefit to the Project area and neighborhood in which such property is situated; and (2) no other reasonable means of financing the project is available to the City of Poway. Resolution No. 92-114 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 the penalty of perjury, that the foregoing Resolution, No. 92-114 , was duly adopted by the City Council at a meeting of said City Council held on the 23rd day of June , 1992, and that it was so adopted by the following vote: BR5252.RES AYES: NOES: ABSTAIN: ABSENT: EMERY, HIGGINSON, MCINTYRE, SNESKO NONE NONE GOLDSMITH MarJo~ie~K. Wahlsten, City Clerk City ~way