HomeMy WebLinkAboutReso 2006-007 - McElroy Lane Waterline
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RESOLUTION NO. 2006-07
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING THE USE OF TAX INCREMENT FUNDS TO CONSTRUCT
THE MCELROY LANE WATERLINE PROJECT
WHEREAS, the Redding Redevelopment Agency desires to contribute tax increment funds
from the Buckeye Redevelopment Project to install a six-inch water main and a new fire hydrant on McElroy
Lane located within the Buckeye Redevelopment Project Area; and
WHEREAS, Section 33445 of the Health and Safety Code states that the Agency may pay
all or part of the costs of a public improvement if the legislative body determines 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
WHEREAS, Section 33678 of the Health and Safety Code states that use oftax 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 Analysis of Findings, attached and incorporated herein, are hereby adopted in
satisfaction of the requirements set forth in Health and Safety Code Sections 33445 and 33678.
2. The public improvement is of primary benefit to the Buckeye Redevelopmt:nt Project
Area.
3.
to the community.
There are no other reasonable means of financing the public improvement available
4. The paymc~ntof 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 ofthe Redding City Council on tht: 17th day of January, 2006, and was duly adopted at said meeting
by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBER: I>ickerson, Mathena, Pohlmeyer, Stegall, and Murray
COUNCIL MEMBER: None
COUNCIL MEMBER: None
COUNCIL MEMBER: None
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ATTEST~ ,
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FORM APPROVED:
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CONNIE STROHMAYER ity Clerk
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RICHARDA.DUVERNAY, cifY Attorney
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