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2011-01 RESOLUTION NO. 2011-01 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA, ADOPTING CERTAIN FINDINGS REGARDING THE CONSTRUCTION AND INSTALLATION OF PUBLIC IMPROVEMENTS, WHICH ARE OF BENEFIT TO THE GRAND TERRACE COMMUNITY REDEVELOPMENT PROJECT AREA WHEREAS, in Fiscal Year 2006-2007, the City of Grand Terrace ("City")completed public infrastructure improvements on Mt. Vernon Avenue between Main Street and Grand Terrace Road using$819,235 in funding from the General Fund; and. WHEREAS,the project included construction and installation of public infrastructure improvements,consisting of the removal and reconstruction of the street in the Grand Terrace Community Redevelopment Project(the "Project Area"); and WHEREAS, the lack of infrastructure on Mt. Vernon Avenue between Main Street and Grand Terrace Road created a blighting influence in the area, causing a deterrent to the physical and economic health of area by deterring private investment and new development in the Project Area,thereby constituting blight; and WHEREAS,the reconstruction of Mt. Vernon Avenue improved the utility of the surrounding land area,thereby benefiting the Project Area; and WHEREAS, the Improvements enhanced and promoted the revitalization of the Project Area; and WHEREAS, Health and Safety Code Section 33445 provides that the Community Redevelopment Agency ("Agency") may, with the consent of the legislative body, pay all or part of the value of the land for, and the cost of the installation and construction of, any building, facility, structure, or other improvements that is publicly owned either within or without the Project Area; and NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Grand Terrace hereby: Section 1. That the reconstruction of Mt. Vernon Avenue between Main Street and Grand Terrace Road completed in 2007was of benefit to the Project Area and assisted in removing blight by improving the health and safety, and promoting revitalization and better use of an underutilized area. Section 2. There was no other reasonable means of financing the entire Improvements available to the community because the Project is not within the budget of the City and therefore created a debt upon the City General Fund which cannot be repaid. Resolution 2011- 01 Page 2 Section 3. That consistent with the implementation plan adopted pursuant to Health and Safety Code Section 33490,the payment of funds for the Improvements assisted in the elimination of visual and economic blight and promoted and enhanced the revitalization of the Project Area, thereby eliminating one or more blighting conditions contained in the Project Area. Section 4. The City Council hereby consents to the Community Redevelopment Agency of the City of Grand Terrace paying for all or part of the costs to reconstruct Mt. Vernon Avenue between Main Street and Grand Terrace Road by repaying the General Fund $819,235 or by reducing the amount owed by the General Fund to the Agency by $819,235. PASSED AND ADOPTED by the City Council of the City of Grand Terrace, California at a regular meeting held on the 8th day of February, 2011 by the following vote: ATTEST: City Clerk of the City of Grand Terrace Mayor of the City of Grand Terrace and the City Council thereof and the City Council thereof I, Brenda Mesa, City Clerk of the City of Grand Terrace, do hereby certify that the foregoing Resolution was introduced and adopted at a regular meeting of the City Council of the City of Grand Terrace held on the 8th day of February, 2011 by the following vote: AYES: Councilmembers McNaboe, Sandoval and Nays; Mayor Pro Ten Garcia and Mayor Stanckievitz NOES: None ABSENT: None ABSTAIN: None Brenda Mesa City Clerk Approved as to form: EAW John R. Harper,Vy Attorney