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Res 96-071RESOLUTION NO. g6-071 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA DETERMINING THAT THE MATERIALS HANDLING YARD PROJECT (#5520) 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 construction of a Materials Handling Yard in the South Poway Business Park is necessary in order to facilitate the construction of a number of public improvements and facilities which are planned for the Project Area; and WHEREAS, the Materials Handling Yard (#5520) is located within 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 Materials Handling Yard Project (#5520) is of benefit to the Paguay Redevelopment Project and the surrounding community in that the project will provide a facility for storage and distribution of materials required for the construction of public facilities and improvements necessary to the Project Area, thus contributing to Redevelopment Plan Goals which include the construction of public facilities and improvements. 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. 96-071 Page 2 PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway, California, at a regular meeting thereof this 25th day of June, 1996. 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. 96-071 was duly adopted by the City Council at a regular meeting of said City Council on the 25th day of June, 1996 and that it was so adopted by the following vote: AYES: CAFAGNA, CALLERY, EMERY, REXFORD NOES: NONE ABSTAIN: NONE ABSENT: HIGGINSON Marjorie\K. Wahlsten, City Clerk City of P~way 5520.c