HomeMy WebLinkAboutReso 2006-114 - Reddings Riverfront Park
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RESOLUTION NO. 2006 - ~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING THE USE OF TAX INCREMENT FUNDS FOR THE
CONSTRUCTION OF VARIOUS RECREATIONAL AMENITIES AT THE CITY
OF REDDING'S RIVERFRONT PARK
WHEREAS, the Redding Redevelopment Agency (Agency)desires to contribute tax
increment funds from the Canby-Hilltop-Cypress Redevelopment Project (C-H-C Project) for the
construction of various recreational amenities at the City of Redding's Riverfront Park; 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 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 proposed enhanced recreational amenities are expected to increase local
and visitor use of the Riverfront Park, the Sacramento River Trail, and the surrounding public facilities
thereby providing an economic stimulation to existing visitor-serving businesses located in the C-H-C
Project Area; and
WHEREAS, the lack of sufficient park and recreational facilities serving the residents of the
Project Area and the economic stagnation of Project Area commercial businesses have been identifIed as
Project Area blighting conditions; and
WHEREAS, the proposed use of redevelopment funds will assist in the elimination of the
identified blight conditions through enhancement of recreational amenities adjacent to and serving the
Project Area for the benefit of residents as well as attracting an increased amount of visitors utilizing Project
Area businesses; and
WHEREAS, with the exception of a limited amount of State grant funds allocated to assist
with the project costs, there are no other public funds available at this time for the project; and
WHEREAS, the 2005 - 2009 Implementation Plan for the C-H-C Redevelopment Project
adopted by the Agency on November 15,2004 provides for the enhancement and expansion of the City's
existing trail system to provide community access to the Sacramento River including the provision of
additional recreational amenities as a potential Agency activity; and
WHEREAS, the City Council is the legislative body for the City of Redding.
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NOW, THEREFORE, the City Council FINDS, RESOLVES, and ORDERS as follows:
1. The above recitals are true and correct.
2. The public improvements are of primary benefit to the Canby-Hilltop-Cypress
Redevelopment Project Area.
3. There are no other reasonable means of financing the public improvements available
to the community.
4. The payment of funds for the public improvements 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 5th day of July, 2006, and was duly adopted at said meeting by
the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN :
COUNCIL MEMBER:
COUNCIL MEMBER:
COUNCIL MEMBER:
COUNCIL MEMBER:
Dickerson, Mathena, Pohlmeyer, Stegall, and Murray
None
None
None
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KEN- - - Y,Mayo
APPROVED AS TO FORM:
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ATTEST: .
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RICHARD A. DUVERNAY, C' Attorney
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