HomeMy WebLinkAboutRDA RES 245RESOLUTION N0. 245
A RESOLUTION OF THE PALM DESERT REDEVELOPMENT
AGENCY APPROVING PAYMENT BY THE AGENCY FOR
ALL OR PART OF THE COST OF CERTAIN
UNDERGROUNDING IMPROVEMENTS
TNE PALM DESERT REDEVELOPMENT AGENCY NEREBY FINDS,
DETERMINES, RESOIVES AND ORDERS AS FOLLOMS:
Sectfon 1. Pursuant to provfslons of the Community
Redevelopment Law (California Health and Safety Code Section
33000, et seq.), and in particular Section 33445 thereof, the
Palm Desert Redevelopment Agency proposes to pay for the cost of
undergroundfng certain improvements as described in that certain
Publlc Facilities Agreement (Undergrounding), dated as of
April l, 1991, between the City of Palm Desert and the Agency. A
copy of such Agreement has been presented to the agency and is
now on file in the office of the City Clerk. Such undergrounding
w111 improve the aesthetic quality of the lmmediate area and the
Project Area No. 1, As Amended, and will provide added safety,
a 1 1 fior the benef i t of the hea 1 th, safety and wel fare of the
residents and taxpayers of and vlsltors of the C1ty. The budget
constraints of the City prevent the C1ty from financing the
undergrounding of such uttlities by any means other than the
limited amount to be paid by the adjacent property owners.
Section 2. The Agency hereby finds and determines
that, based upon the foregoing and other information presented to
the Agency: (t) the subject improvements are of benefft to
Project Area No. 1, As Amended, of the Agency and to the
immediate neighborhood in whlch the Project Area is located; and
(ii) no other reasonable means of financing such improvements is
available to the City.
Section 3. The Agency hereby approves payment by the
Agency for all or part of the cost of the undergrounding referred
to in the above-referenced Agreement and the Chairman is hereby
author i zed to execute such Agreement for and on behal f of the
Agency.
RESOLUTION N0. 245
1991.
PASSED, APPROVED and ADOPTED this 1!th day of Aprt 1,
AYES: Benson, Snyder, W11son 8 Crttes
NOES: None
ABSENT: Keily
ABSTAIN: None
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Chairman
ATTEST:
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