HomeMy WebLinkAboutReso 2008-038 - Downtown Mall Roof
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RESOLUTION NO. 2008 - 38
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 SELECTIVE COMMON-AREA
IMPROVEMENTS, AND FOR THE CONSTRUCTION OF STORM-DRAINAGE
IMPROVEMENTS, AND PEDESTRIAN PLAZAlLANDSCAPE IMPROVEMENTS IN THE
PUBLIC STREET RIGHT-OF-WAY 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 storm-drainage improvements, and pedestrian plaza/landscape
improvements in the public street right-of-way 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 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 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 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 21" day of April, 2008, and was duly adopted at said meeting by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBER:
COUNCIL MEMBER:
COUNCIL MEMBER:
COUNCIL MEMBER:
Bosetti, Dickerson, Jones, and Murray
None
Stegall
None
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RICK BOSETTI, Vice Mayor
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ATTEST:
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APPROVED AS TO FORM:
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TONI~ID:1-~~A si~tant~ityCle(~ . ..
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RICHARD A. DUVERN , City Attorney
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