HomeMy WebLinkAbout93-081 CC Resolution RESOLUTION NO. 93-81
A RESOLUTION OF THE CITY COUNCM OF THE CITY
OF TEMIECULA AMENDING THE EXPENDITURE OF TAX
INCREMENT FUNDS OF THE REDEVELOPMENT
AGENCY FOR THE CONSTRUCTION OF A SENIOR
CITIZEN CENTER IN A REDEVELOPM[ENT AREA.
THE CITY COUNCIL OF THE CITY OF TEMECULA DOES HEREBY RESOLVE
AS FOLLOWS:
Section 1. The City Council of the City of Temecula hereby finds, determines and
declares as follows:
A. The City of Temecula is constructing a senior center located on a 2.75 acre site,
northeast of the center line of Mercedes Street, in Redevelopment Project No. 1-1988
redevelopment area. The Temecula Redevelopment Agency will be financing one million, five
hundred thousand dollars ($1,500,000) of the cost of the project from the proceeds of
redevelopment bonds, which it has issued, the debt service on which will be paid from tax
increment funds received by the Agency;
B. The Senior Center and all of the associated improvements being constructed
regarding the center are of benefit to the project area in that they will provide an essential
service to the residents of the area not presently available and provide an aesthetic improvement
to the area;
C. No other reasonable means of financing the proposed senior center are available,
and if tax increment funds are not used to help finance the cost of construction, available funds
will be insufficient to complete the project;
D. The redevelopment plan for Redevelopment Project No. 1-1988 redevelopment
area provides for the installation and construction of public facilities which benefit the area;
E. A public hearing in substantial compliance with the requirements of California
Health and Safety Code Section 33679 has been held, a notice has been published in a newspaper
of general circulation in the community for at least two successive weeks prior to the Public
Hearing.
Section 2. Based upon the foregoing, the City Council of the City of Temecula hereby
determines that the senior center is necessary for the benefit of the Redevelopment Project No.
1-1988 redevelopment area and that the proposed contribution to its financing is the only
reasonable means available to insure its completion. The City Council does hereby approve
contribution of one million, five hundred thousand dollars ($1,500,000) of tax increment funding
to construction of a senior center in the Redevelopment Project No. 1-1988 redevelopment area.
Resos 93-81
Section 3. The City Clerk shall certify to the adoption of this resolution.
APPROVED AND ADOPTED this 28th day of September, 1993.
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J.@ Muiloz, Ma@r
Al'. EST:
'@un@@. Greek, City Clerk
[SEAL]
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) SS
CITY OF TEMECULA)
1, June S. Greek, City Clerk of the City of Temecula, California, do hereby certify that
the foregoing Resolution 93-81 was duly adopted at a regular meeting of the City Council of the
City of Temecula on the 28th day of September, 1993, by the following roll call vote:
AYES: 5 COUNCILMEMBERS: Birdsall, Parks, Roberts, Stone,
Mufioz
NOES: 0 COUNCILMEMBERS: None
ABSENT: 0 COUNCILMEMBERS: None
LJ66 S. Greek, City Clerk
Resos 93-81