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Res 92-114RESOLUTION NO. 92-114 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, STATE OF CALIFORNIA, DETERMINING THAT THE IMPROVEMENT OF POWAY ROAD FROM THE WEST CITY LIMIT TO OAK KNOLL ROAD TO BE OF BENEFIT TO THE PAGUAY REDEVELOPMENT PROJECT WHEREAS, the Poway Redevelopment Agency will undertake the improvement of Poway Road from the west City limit to Oak Knoll Road (5252); 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 improvements to Poway Road will provide for safer pedestrian movement and vehicular access to and from adjoining residential neighborhoods, and will visually enhance the City's west entrance; and NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Poway as follows: The Council finds that improvement of the west end of Poway Road is of benefit in that (1) it provides for improved pedestrian movement and vehicular access to and from adjacent neighborhoods, and (2) visually improves the City's west entrance. The Council determines that pursuant to Health and Safety Code 33445, (1) the improvement of the west end of Poway 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. APPROVED and ADOPTED by the City Council of th~ City of Poway, State of California, this 23rd day of June 1992. / ~ ~i~h, Mayor ATTEST: · Marj Wahlsten, City Clerk 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 dune , 1992, and that it was so adopted by the following vote: BR5252.RE$ AYES: NOES: ABSTAIN: ABSENT: EMERY, HIGGINSON, MCINTYRE, SNESKO NONE NONE GOLDSMITH Marjo~ie~K. Wahlsten, City Clerk City ~way