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HomeMy WebLinkAboutReso 2004-200 - Utility Pole Relocation I~ e RESOLUTION NO. 2004-200 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING THE USE OF TAX INCREMENT FUNDS TO RELOCATE A UTILITY POLE AT THE SOUTHEAST CORNER OF THE INTERSECTION OF EAST AND TEHAMA STREETS WITHIN THE MA~T STREET REDEVELOPMENT P]~OJECT AREA. WHEREAS, the Redding Redevelopment Agency desires to contribute tax increment funds from the Market Street Redevelopment Project to relocate a utility pole at the southeast comer of the intersection of East and Tehama Streets; 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 improveJ;llent, 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 abov,e 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 offunds 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 ofthe Redding City Coun(;i1 on the 13th day of December 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, Dickerson, Kight, Murray, and Mathena None None None . .J,~ '." (. ArrEST: FORM APPROVED: h---'