HomeMy WebLinkAboutReso 2000-094 - Monument Gateway Sign RESOLUTION NO. 2000-f
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING RESCINDING
RESOLUTION NO. 99-4 AND APPROVING THE USE OF TAX INCREMENT FUNDS
TO CONSTRUCT A MONUMENT GATEWAY SIGN WITHIN THE CANBY-HILLTOP-
CYPRESS PROJECT.
WHEREAS, the Redding Redevelopment Agency desires to contribute tax increment funds from the
Canby-Hilltop-Cypress Redevelopment Project for the construction of a monument gateway sign at the northeast
corner of Cypress Avenue and Hilltop Drive;
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;
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;
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. Resolution No. 99-4 is rescinded.
3. The public improvement is of primary benefit to the Canby-Hilltop-Cypress Redevelopment
Project Area.
4. There are no other reasonable means of financing the public improvement available to the
community.
5. 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 16`'day of May 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:
//ft.?Z r
Connie Strohmayer, City Cl-f W. Leonard Wingate, ty Attorney
N;\Resolutions\2000\enrry feazures.cc.wpd