HomeMy WebLinkAbout84-266 - ResolutionsRESOLUTION NO. 84-266
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA DETERMINING THAT THE CONSTRUCTION OF A STORM DRAIN
FACILITY AND ASSOCIATED PUBLIC IMPROVEMENTS IN ARCHIBALD
AVENUE IS OF BENEFIT TO THE RANCHO REDEVELOPMENT PROJECT
AREA AND THE SURROUNDING NEIGHBOP. HOOD IN WHICH THE PROJECT
IS LOCATED; DETERMINING THAT THERE ARE NO OTHER REASONABLE
MEANS OF FINANCING SAID IMPROVEMENTS OTHER THAN TAX
INCREMENT FINANCING
WHEREAS, the Redevelopmerit Agency of the City of Rancho Cucamonga
(hereinafter the '~gency") is Redevelopmerit Project Area (hereinafter the
'~roject Area") pursuant to the Redevelopmerit Plan for the Project Area
approved and adopted by this City Council by Ordinance No. 166 on December 23,
1981, (hereinafter the "Redevelopment Plan"); and
WHEREAS, the Redevelopmerit Plan authorizes and directs the Agency to
pay for and construct certain public improvements; and
WHEREAS, California Health & Safety Code Section 33334.2 authorizes
the Agency to improve land or building sites with offsite improvements for the
purposes of increasing and improving the community's supply of low- and
moderate-income housing available at affordable cost; and
WHEREAS, California Health & Safety Code Section 33445 provides, in
pertinent part, that an Agency may, with the consent of the legislative body,
pay all or part of the cost of the installation and construction of any
building, facility, structure or other improvement which is publicly owned,
either within or without the Project Area, upon a determination by the
legislative body that such buildings, facilities, structures or other
improvements are of benefit to the Project Area or the immediate neighborhood
in which the Project Area is located, and that no other reasonable means of
financing such buildings, facilities, structures or other improvements are
available to the community.
NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED by the City
Council of the City of Rancho Cucamonga as follows:
SECTION i: The City Council hereby determines that the construction
of a storm drain facility and associated public improvements in Archibald
Avenue is of benefit to the Project Area, the surrounding neighborhood in which
the Project Area is located and the entire community of the City of Rancho
Cucamonga.
SECTION 2: The City Council further determines that no other
reasonable means of financing the construction of said storm drain facility and
associated public improvements is available.
SECTION 3: The City Council hereby approves and authorizes the
Redevelopment Agency of the City of Rancho Cucamonga to assist in the Financing
of such public improvements and finds and declares that expenditures and
obligations incurred by the Agency pursuant to this resolution shall constitute
an indebtedness of the Project Area.
PASSED, APPROVED, and ADOPTED this 17th day of October, 1984.
AYES: Wright, Buquet, Mikels, Dahl, King
NOES: None
ABSENT: None
ATTEST: