HomeMy WebLinkAboutCC Res 5442 2006-03-13
RESOLUTION NUMBER 5442
A RESOLUTION OF THE CITY OF SEAL BEACH CONSENTING
TO PAYMENT BY THE AGENCY FOR ALL OR A PART OF THE
COST OF CERTAIN STREET IMPROVEMENTS WHICH
BENEFIT THE RIVER BEACH REDEVELOPMENT PROJECT
I
THE SEAL BEACH CITY COUNCIL HEREBY FINDS,
DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
Section 1. Pursuant to provisions of the Community Redevelopment Law
(California Health and Safety Code Section 33000, et seq.), and in particular Section
33445 thereof, the Redevelomn~t Agency of the City of Seal Beach ("Agency")
proposes to pay for all or a part onh~ cost of improvements to a certain local collector
streets which are identified in Exhibit A attached hereto and incorporated by this
reference herein. The proposed improvements to the streets set forth in Exhibit A include
resurfacing, which will exte~'lg Jh~ psefullife of those streets by at least seven years.
~.. ':c:-. '" (1' .' . ,I
Improvements to-~ihe .~treets set forth in Exhibit A will improve traffic
, . . '. ..
circulation inside and,outside.'th!l River,Beach Project ("Project Area") and will improve
ingress and egress to a;ta'rrOhi..llii~:Pr6fect Area. The Project Area is an area in which the
combination of conditions of blight is so prevalent and so substantial that it causes a
reduction of, or lack of, proper utilization of the area to such an extent that it constitutes a
serious physical, social, and economic burden on the community which cannot
reasonably be expected to be reversed or alleviated by private enterprise or governmental
action, or both, without redevelopment. Conditions of blight in the Project Area include
a lack of adequate public improvements, including traffic circulation improvements, and
properties which suffer from economic dislocation, deterioration, or disuse.
I
The improvements to the streets set forth in Exhibit A will assist in
remedying a lack of adequate public improvements, improve vehicular circulation,
improve access to the surrounding area, mitigate safety hazards, and improve aesthetics.
This in turn will assist in eliminating a factor, which prevents or substantially hinders the
economically viable use or capacity of buildings or lots and will encourage private-sector
investment in the Project Area, thereby facilitating the redevelopment of the Project Area,
all for the health, safety and welfare of the residents and taxpayers of the Project Area.
Section 2. The budget constraints of the City prevent the City from
financing the street improvements by any means. Traditional methods of financing such
as the issuance of general obligation bonds are unavailable as a practical matter because
of the extraordinary majority voter approval requirements of two-thirds of the electorate.
Assessment financing or special tax financing could overburden benefiting properties
with assessments or special taxes which would be added to existing taxes and
assessments, and, in addition, special taxes require a two-thirds vote and special
assessments are subject to a majority protest.
I
Section 3. The City Council hereby finds and determines that based upon
the foregoing and other information presented to it: (a) the improvements to the streets set
forth in Exhibit A are of benefit to the Project Area and to the immediate neighborhood in
which the project is located, (b) the payment of funds for all or a part of the cost of the
street improvements assists in the elimination of one or more blighting conditions inside
the Project Area, (c) the payment of funds for all or a part of the cost of the street
improvements is consistent with the Implementation Plan adopted pursuant to Health and
Safety Code Section 33490; and (d) no other reasonable means of financing the street
improvements are available to the City.
Section 4. The City Council hereby approves payment by the Agency for
all or a part of the cost of the street improvements set for:th in Exhibit A from any
revenues of the Agency lawfully available therefore. -
Resolution Number 5442
PASSED, APPROVED AND ADOPTED by the City Council of the
City of Seal Beach this 13th day of March , 2006 by the following vote:
AYES: Council Members_~tJLt:J J ~~ I c1tn-Ctl, \foT
~H~
J::
(l~~
Mayor
NOES:
Council Members
ABSENT:
Council Members
ABSTAIN:
Council Members
I
~~
. k~
City Clerk
STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Linda Devine, City Clerk of the City of Seal Beach, Califomia, do hereby certify that
the foregoing Resolution is the original copy of Resolution Number 5442 on file in the
office of the City Clerk, passed, approved, and adopted by the City Council of the City of
Seal Beach at a meeting thereof held on the 13th day of March , 2006.
4l~~ ~
Ci y Clerk
I
EXHIBIT A
Street Improvements
Rehabilitation of Ocean Avenue pavement, curb and gutter from Seal Beach
BlvdlElectric Avenue to First Street.
I