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2009-02 RESOLUTION NO. 2009-02 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY 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, the Redevelopment Agency of the City of Grand Terrace ("Agency") desires and intends to construct and install public infrastructure improvements consisting of a storm water drainage facility,including a storm water retention basin, in the Grand Terrace Community Redevelopment Project(the"Project Area") with funding provided by the Redevelopment Agency of the City of Grand Terrace ("Agency"); and WHEREAS, the lack of infrastructure improvements along Pico Street in the Project Area creates a blighting influence at the.area and causes a deterrent to the physical and economic health of area by deterring new development in the Project Area, thereby constituting blight; and WHEREAS, the Pico Street Storm Water Drainage Facility Improvements will improve - the utility of the surrounding land area, thereby benefiting the Project Area; and WHEREAS, the Improvements are anticipated to enhance and promote the revitalization of the Project Area; and WHEREAS, Health and Safety Code Section 33445 provides that the 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. NOW THEREFORE,BE IT RESOLVED by the Community Redevelopment Agency of the City of Grand Terrace hereby: Section 1. That the Pico Street Storm Water Drainage Facility Improvements will be of benefit to the Project Area in that it will assist in removing blight by improving the health and safety, and promoting revitalization and_better use of an underutilized area. Section 2. That there is no other reasonable means of financing the entire Improvements available to the community because the Pico Street Improvement Project is not within the budget of the City. Section 3. That consistent with the implementation plan adopted pursuant to Health and Safety Code Section 33490, the payment of funds for the Storm Water Drainage Facility Improvements will assist in the elimination of visual and economic blight and promote and enhance the revitalization of the ProjectArea, thereby eliminating one or more blighting conditions contained in the Project Area. PASSED AND ADOPTED by the Community Redevelopment Agency of the City of Grand Terrace, California at a regular meeting held on the 27th day of January 2009 by the following vote: ATTEST: ZZ Secretary of the Community Redevelopment Chairpero of the Community Agency of the City of Grand Terrace Redevelopment Agency of the City of Grand Terrace Resolution No. 2009- 02 I, Brenda Mesa, Secretary of the Community Redevelopment Agency of the City of Grand Terrace, do hereby certify that the foregoing Resolution was introduced and adopted at a regular meeting of the Community Redevelopment Agency of the City of Grand Terrace held on the 27`h day of January, 2009,by the following vote: AYES: Agency Members Cortes; Miller and Stanckiewitz; Vice-Chairman Garcia and Chairman Ferre NOES: None ABSENT: None ABSTAIN: None Brenda Mesa City Clerk Approved as to form: John R. Harper, ity torney