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Res 92-132RESOLUTION NO. 92-132 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY CALIFORNIA, DETERMINING THAT THE RENOVATION OF THE ELECTRICAL SYSTEM AT POINSETTIA MOBILEHOME PARK TO BE OF BENEFIT TO THE PAGUAY REDEVELOPMENT PROJECT WHEREAS, the Poway Redevelopment Agency will undertake the renovation of the electrical system throughout the Poinsettia Mobilehome Park (5958); and WHEREAS, the proposed project is adjacent to 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, renovation of the electrical system will extend the useful life of the mobilehome park; and WHEREAS, the Poway Redevelopment Agency is the owner of the park and obliged to insure its upkeep. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Poway as follows: The Council finds that the renovation of the electrical system is of benefit in that (1) it provides for improved life expectancy for the park as a whole, and (2) it improves the services to park residents. The Council determines that pursuant to Health and Safety Code 33445, (1) the improvements are 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 the City of Poway, California, this 23rd day of June 1992. i J~n Mayor ATTEST: ~ Wahlsten, City Clerk Resolution No. 92-132 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. 92-132 , 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: AYES: NOES: ABSTAIN: ABSENT: REPORT\BR5958. RES HIGGINSON, MCINTYRE, SNESKO, GOLDSMITH NONE EMERY NONE Marjor~e~K. Wahlsten, City Clerk City o~oway