Loading...
HomeMy WebLinkAboutReso 2004-124 - Demolition of Downtown Roof " . . RESOLUTION NO. 2004-124 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING THE USE OF TAX INCREMENT FUNDS FOR THE DEMOLITION OF THE DOWNTOWN REDDING MALL (MALL) ROOF, ENTRANCES, AND SEI~ECTIVE COMMON-AREA IMPROVEMENTS, AND FOR THE CONSTRUCTION OJ? A NEW MALL ENTRANCE, PUBLIC RESTROOM IMPROVEMENTS, STORM-DRAINAGE IMPROVEMENTS, AND PEDESTRIAN PLAZAlLANDSCAPE IMPROVEMENTS IN THE PUBLIC STREET RIGHT-OF-WAY AT THE NORTH END OF THE MALL WITHIN THE MARKET STREET REDEVELOPMENT PROJECT AREA. WHEREAS, the Redding Redevelopment Agency desires to contribute tax increment funds from the Market Street Redevelopment Project for the demolition of the Downtown Redding Mall (Mall) roof, entrances, and selective common-area improvements, and for the construction of a new Mall entrance, public restroom improvements, storm-drainage improvements, and pedestrian plaza/landscape improvements in the public street right- of-way at the north end of the Mall; 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 fmancing 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 project is a significant first step toward revitalizing the Mall and Downtown pursuant to the vision expressed in the Specific Plan and is intended to foster retail growth by providing improved physical and visual access to businesses and an attractive setting for the College; and WHEREAS, students, faculty, and dental clinic patients could generate up to 300 new potential downtown customers on a daily basis; and WHEREAS, there are no other public funds available at this time for the project, which needs to proceed in concert with the College's project and theprojectis also ineligible for the City's Traffic Impact Fee Program. WHEREAS, the Mall roofis approximately 30 years old and is in need of repair to fix leaks and structural deterioration, and the planned demolition of the former Rite Aid building will eliminate large expanses of blank walls devoid of windows or other openings and, in conjunction with the roof removal and planned lighting and landscape improvements, will improve the visual quality of the area. WHEREAS, the City Council is the legislative body for the City of Redding. o .+::. ...L- IV --r i..~ . . . 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 fmancing 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 special meeting of the Redding City Council on the 3 rd day of August 2004 and was duly adopted at said meeting by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBER: COUNCIL MEMBER: COUNCIL MEMBER: COUNCIL MEMBER: Cibula, Kight, Mathena, Stegall, and Pohlmeyer None None None , Mayor ATTEST: , 'l FORM APPROVED: LYNETTE M. FREDIANI, Interim City Attorney " '. --~.J/~ By: BARRY E. DEWALT, Assistant City Attorney ,", ~ ' '. ~ ... . .. ".. ,," , " ~" \