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HomeMy WebLinkAboutReso 2000-114 - Westside Road RESOLUTION NO. L000 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING THE USE OF TAX INCREMENT FUNDS TO CONSTRUCT THE REALIGNMENT OF WESTSIDE ROAD WITHIN THE MARKET STREET REDEVELOPMENT PROJECT AREA. WHEREAS,the Redding Redevelopment Agency(Agency)desires to contribute tax increment funds from the Market Street Redevelopment Project Area for the construction of the realignment of Westside Road between Buenaventura Boulevard and the bridge over Canyon Creek; 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 Area 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 is consistent with the adopted implementation plan; 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 of the City of Redding is the legislative body. 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 20 day of June 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: dot,04:4-- CONNIE STROHMAYE', City Clerk W. LEONARD WINGAt. , City Attorney P Wab-C.\Docs W gend a\C C\236-Reso