HomeMy WebLinkAboutReso 2000-044 - Downtown Parking Structure RESOLUTION NO.01O00-01
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING THE USE OF TAX INCREMENT FUNDS TO CONSTRUCT
DOWNTOWN PARKING STRUCTURE SIGNAGE AND CORNER
IMPROVEMENTS WITHIN THE MARKET STREET PROJECT.
WHEREAS,the Redding Redevelopment Agency desires to contribute tax increment funds
from the Market Street Redevelopment Project for the construction of signage and corner improvements at
the southwest corner of the Downtown parking structure; and
WHEREAS,Section 33445 of the Health and Safety Code states that before the Agency can
pay all or part of the costs of any public improvement, the legislative body must first determine that the
improvement will benefit the Project from which the funds are derived,that there are no other reasonable
means of financing the improvement, and that the project will assist in the elimination of blight; and
WHEREAS,Section 33678 of the Health and Safety Code states that use of tax increment
funds for public improvements must primarily benefit the project area; and
WHEREAS,the City Council is the legislative body for the City of Redding.
NOW,THEREFORE,the City Council FINDS,RESOLVES,and ORDERS as follows:
1. The above recitals are true and correct.
2. The public improvement is of primary benefit to the Market Street Redevelopment
Project Area.
3. There are no other reasonable means of financing the public improvement available
to the community.
4. The payment of funds for the public improvement will assist in the elimination of
one or more blighting conditions in the Project Area and is consistent with the adopted implementation plan.
I HEREBY CERTIFY that the foregoing resolution was introduced and read at a regular
meeting of the Redding City Council on the 7th day of March 2000 and was duly adopted at said meeting
by the following vote:
AYES: COUNCIL MEMBER: Cibula , Kight , McGeorge , Pohlmeyer and Anderson
NOES: COUNCIL MEMBER: None
ABSENT: COUNCIL MEMBER: None
ABSTAIN: COUNCIL MEMBER: None
obert C. Anderson, Mayor
ATTEST: APPROVED AS TO FORM:
(I/
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Connie Strohmayer, City Cl,r W. Leonard Wingate, C' y Attorney
N:Resolutions 2000 parking structure.scpd