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Res 99-027RESOLUTION NO. 99- 027 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA DETERMINING THAT THE EXPENDITURE OF REDEVELOPMENT FUNDS OUTSIDE OF THE PROJECT AREA FOR THE COMMERCIAL REHABILITATION PROGRAM (#5901) 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 determined that the Commercial Rehabilitation Program is necessary to improve the economic stability of the business community; 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, the commercial properties along Poway Road are located both within the project area and immediately outside of the redevelopment project area; and WHEREAS, the successful revitalization of the commercial corridor along Poway Road will require improvements to properties located both within the project are and immediately outside of the redevelopment project area; and WHEREAS, it will be of direct benefit to the redevelopment project area to assist in the improvement of properties located outside, but adjacent to the redevelopment project area; and WHEREAS, assisting properties and businesses located outside, but adjacent to the redevelopment project area is consistent with the Amended Redevelopment Plan and the Poway Road Specific 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 expenditure of Redevelopment Funds outside of the Redevelopment Project Area for the Commercial Rehabilitation Program is of benefit to the Redevelopment Project Area. Section 2. Resolution No. 99- 027 Page 2 The City Clerk shall certify to the adoption of this resolution. PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway, California, at a regular meeting thereof this 27th day of April, 1999. Michael ATTEST: LorilAnne Peoples, City CYerk STATE OF CALIFORNIA ) ) SS COUNTY OF SAN DIEGO ) I, Lori Anne Peoples, City Clerk of the City of Poway, do hereby certify the foregoing Resolution No. 99- 027was duly adopted by the City Council at a regular meeting of said City Council on the 27th day of April, 1999 and that it was so adopted by the following vote: AYES: EMERY, NOES: NONE ABSTAIN: NONE ABSENT: NONE redev/commrehab.499 GOLDBY, HIGGINSON, REXFORD, CAFAGNA - 1 Lori Anne Peoples,~City Clerk City of Poway