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HomeMy WebLinkAbout09-123 - Resolutions RESOLUTION NO. C " I z3 P21 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, REGARDING PROJECTS BENEFITING THE RANCHO REDEVELOPMENT PROJECT AND MAKING CERTAIN FINDINGS iN REGARD A. Recitals. (i) The Community Redevelopment Law of the State of Cali fomia (Health and Safety Code Sections 33000 et seq.), among other provisions granting powers to redevelopment agencies, contains Section 33445 which provides that a redevelopment agency, with the consent of the legislative body, may pay all or part of the value of land for and the cost of installation and construction of any buildings, facilities, structures or other improvements which are publicly owned either within or without a project area, upon a determination by such agency and such legislative body by resolution that such buildings, facilities, structures or other improvements are of benefit to such project area; that no other means of financing the same are available to the community; and, that the payment of funds for same will assist in the/elimination of one or more blighting conditions inside the project area. (ii) Attached as Appendix "I" is a document which provides for the Agency's funding of certain capital projects from tax increment resources in estimated amounts (the "Public Projects"). (iii) The officially adopted Rancho Redevelopment Plan of the Rancho Cucamonga Redevelopment Agency (the "Agency"), including all amendments, provides in part for the construction of these community and cultural facilities to serve said project area. (iv) All legal prerequisites to the adoption of this Resolution related to the Public Projects have occurred B. Resolution. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby find, determine and resolve as follows- Section 1. This Council hereby finds that the facts set forth in the Recitals, Part A, of this Resolution are true and correct. Section 2. The City of Rancho Cucamonga hereby consents to the Rancho Cucamonga Redevelopment Agency's funding of the costs and expenses related to the Public Projects specified in Appendix "I" hereto pursuant to Health and Safety Code Section 33445. Section 3. This Council hereby specifically finds and determines that the construction of the Public Projects by and through Agency's funding will be of benefit to the Agency's Rancho Redevelopment Project P22 Section 4. The Council hereby specifically finds and detennines that no other reasonable means of financing is available to the community to construct the Public Projects other than through the Agency's funding thereof and consented to herein. Section 5. This Council hereby specifically finds and determines that the construction of the Public Projects specified in Appendix "I" and this Agency's funding thereof will assist in the elimination of one or more blighting conditions inside the project area and is consistent with this Agency's implementation plan adopted pursuant to Health and Safety Code section 33490. Section 6 The City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED, and ADOPTED this 15th day of June, 2009 AYES: Gutierrez, Michael, Spagnolo NOES: None ABSENT: Kurth, Williams ABSTAINED: None ri' onald J. Kurth, MD., Ma or ATTEST. -IpJ nice Reynolds, City Clerk 1, JANICE REYNOLDS, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, California, at a regular meeting of said City Council, held on the 15th day of June, 2009. Executed this 46th day ofime, 2909 at Rancho Cucamonga, California. c;l 7 �c{vber .,2u/ Y _Ja ice Reynolds, Cit Jerk P23 APPENDIX 1 Project Location Estimated Cost Anticipated Source(s) of Funding Hellman Avenue Foothill to south of $16.8 million Tax Increment MPSD Sixth Street at Hellman Tax Allocation Bond Funds Avenue Apparatus Garage Banyan Fire Station $1 million Tax Increment Addition Tax Allocation Bond Funds Fire Storage and Jersey Fire Station $1 million Tax Increment Warehouse Tax Allocation Bond Funds Etiwanda Train Depot East side of Etiwanda, $3 million Tax Increment Preservation north of Base Line Tax Allocation Bond Funds Road Southbound I-15 1-15 Freeway $1.5 million Tax Increment Deceleration Lane at southbound at Foothill Tax Allocation Bond Funds Foothill Boulevard Boulevard North End Public West side of Milliken, $3 million Tax Increment Safety Facility north of Banyan Tax Allocation Bond Funds