HomeMy WebLinkAboutRDA RES 547RESOLUTION NO. 547
A RESOLUTION OF THE PALM DESERT
REDEVELOPMENT AGENCY APPROVING PAYMENT BY
THE AGENCY FOR THE COSTS OF IMPROVEMENTS TO
ALESSANDRO ALLEY
RECITALS
A. The Palm Desert Redevelopment Agency (the "Agency") is a
redevelopment agency, authorized to transact business and exercise its powers, all
under and pursuant to the Community Redevelopment Law of the State of Califomia,
being Part 1 of Division 24 (commencing with Section 33000) of the Califomia Health
and Safety Code (the "Law").
B. The City Council has previously determined that Project Area No. 1
(the "Project Area") is an area in which the combination of conditions of blight is so
prevalent and so substantial that it causes a reduction of, or lack of, proper utilization of
the area to such an extent that it constitutes a serious physical and economic burden on
the community which cannot reasonably be expected to be reversed or alleviated by
private enterprise or governmental action, or both, without redevelopment.
___ C. Pursuant to provisions of the Community Redevelopment Law and
in particular Section 33445 thereof, the Agency proposes to pay for the installation and
construction of improvements to Alessandro Alley and the costs associated therewith,
including widening the alley, acquisition of additional property on the north side for
parking and improvements to the acquired property for parking (the "Improvements") of
benefit to the Project Area.
D. The Improvements will serve a basic purpose of redevelopment,
which is to expand employment opportunities and to provide an environment for the
social, economic, and psychological growth and well-being of all citizens. The
Improvements will serve the residents and taxpayers of the City of Palm Desert. The
Improvements will improve traffic circulation in and around the Project Area, all for the
benefit of the health, safety, and welfare of such residents and taxpayers. The
Improvements will address the lack of adequate public improvements, assist in impaired
investments, encourage private sector investment, create job opportunities, promote the
economic viability of business in the Project Area, attract new businesses, assist in
retaining existing businesses, and encourage business expansion for the health, safety,
and welfare of the residents and taxpayers of the Project Area.
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RESOLIITION PO. 547
NOW, THEREFORE, THE PALM DESERT REDEVELOPMENT AGENCY
HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
Section 1. The foregoing recitals, and each of them, are true and
correct.
Section 2. The Agency makes the following findings in connection with
the Improvements:
i. The Improvements are of benefit to the Project Area and to the immediate
neighborhood in which the Improvements are located.
ii. The payment of funds for the costs of the Improvements will assist in the
elimination of one or more blighting conditions inside the Project Area.
iii. The payment of funds for the costs of the Improvements is consistent with the
Agency's implementation plan adopted pursuant to California Hea{th and
Safety Code Section 33490.
iv. No other reasonable means of financing the Improvements is available to the
City.
Section 3. The Agency hereby approves, subject to approval by the
City Council, payment by the Agency for the cost of the Improvements from any
revenues of the Agency lawfully available therefor, including tax increment revenues of
the Agency from the Project Area.
PASSED, APPROVED and ADOPTED this 26ctday of June , 2008 by
the following vote to wit:
AYES:
NOES:
FERGDSON, FINERTY, REI.LY, SPIEGEL, and BENSON
NONE
ABSENT: xor�
ABSTAIN: xor�
Attest:
Rachelle D. Klassen, cretary
Palm Desert Redevelopment Agency
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