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Res 95-071RESOLUTION NO. 95-071 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA DETERMINING THAT THE LOCOMOTIVE AND ASSOCIATED EQUIPMENT RESTORATION PROJECT (#5633) IS OF BENEFIT TO THE PAGUAY REDEVELOPMENT PROJECT WHEREAS, the Poway Redevelopment Agency is authorized to carry out the redevelopment of the Poway Redevelopment Project Area; and WHEREAS, the Poway Redevelopment Agency has completed a study to identify the public facility and improvement deficiencies within the Project Area and the immediate neighborhoods and has concluded that the provision of parks and recreational facilities is necessary; and WHEREAS, the Locomotive and Associated Equipment Restoration Project {#5633) is located within and adjacent to the Paguay Redevelopment Project Area and the project is necessary for the execution of the Project under the provisions of California Community Redevelopment Law (Health and Safety Code, Section 33000 et. seq.) and pursuant to the Redevelopment Plan for the Project which was adopted on December 13, 1983, by Ordinance No. 117 of the City Council and as amended on June 15, 1993, by Ordinance No. 415 of the City Council; and WHEREAS, Section 33445 of the California Health and Safety Code requires the City Council to determine that the project is of benefit to the Paguay Redevelopment Project and that no other reasonable means of financing are available to the City; and WHEREAS, this project is listed in the Paguay Redevelopment Plan. NOW, THEREFORE, IT IS RESOLVED that the City Council of the City of Poway does hereby resolve as follows: Section 1. The City Council hereby determines that the Locomotive and Associated Equipment Restoration Project (#5633) is of benefit to the Paguay Redevelopment Project and the surrounding community in that after the derailment of the steam locomotive at Old Poway Park, replacement items for the locomotive and associated equipment are needed in order to resume operation. Section 2. The City Council further determines that no other reasonable means of financing the improvements are available to the community. Section 3. The City Clerk shall certify to the adoption of this resolution. Resolution No. 95-071 Page 2 PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway, California, at a regular meeting thereof this 27th day/of June, 1995. Don Higginso , ~ ATTEST: Marjorie\,K. Wahlsten, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify the foregoing Resolution No. 95-071 was duly adopted by the City Council at a meeting of said City Council on the 27th day of June, 1995 and that it was so adopted by the following vote: AYES: NOES: ABSTAIN: CAFAGNA, CALLERY, EMERY, REXFORD, HIGGINSON NONE NONE ABSENT: NONE Marjoriee"K.. Wahlsten, City Clerk City of Poway 5633.c