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HomeMy WebLinkAbout92-44 - Making Findings Regarding Public Improvements82 RESOLUTION NO. 92-44 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, APPROVING AND MAKING CERTAIN FINDINGS REGARDING PUBLIC IMPROVEMENTS. WHEREAS, the Costa Mesa Redevelopment Agency (the "Agency") is carry- ing out the Redevelopment Plan (the "Redevelopment Plan") for. the Costa Mesa Downtown Redevelopment Project (the "Project"); and WHEREAS, the Agency desires to install and construct certain street improvements located in and near the intersection of Newport Boulevard and 18th Street, which improvements would be located within the Project Area (the "Street Improvements") ; arra WHEREAS, pursuant to Section 33445 of the Cam unity Redevelopment Law, the Agency is authorized, with the consent of the City Council, to be responsible for all or any part of the value and cost of installation and construction of any building, facility, structure, or other improvement which is publicly owned either within or outside the Project Area upon a determination by the City Council that such building, facility, structure, or other improvement is of benefit to the Project Area or the immediate area in which the Project is located, and that no other reasonable means of financing such building, facility, structure, or other improvement is available to the community; and WHEREAS, the Agency made the above finding by adopting Resolution No. 133-92 on April 8, 1992: NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Costa Mesa as follows: SECTION 1. The City Council hereby finds and determines that the provision for Street Improvements by the Agency is a benefit to the Project Area and that no other reasonable means of financing such public improve- ment is available to the City. The City Council hereby authorizes the Agency to participate in the costs of installation and construction of the Street Improvements. SECTION 2. The City Council hereby approves and authorizes the Agency to enter into an agreement to undertake construction of the Street Improve- ments and to pay the costs therefor.. PASSED AND ADOPTED this 20th day of April, 1992. ATTEST: p Ci y Clerk of the City of Costa esa Mayor the City of Costa Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) I, EILEEN P. PHINNEY, City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and fore- going Resolution No. 92-44 was duly arra regularly passed and adopted by the said City Council at a regular meeting thereof, held on the 20th day of April, 1992. IN WITNESS WHEREOF, I have hereunto set my hand arra affixed the Seal of the City of Costa Mesa this 21st day of April, 1992. Ci Clerk and ex -officio Clerk of/e City Council of the City of Costa esa