HomeMy WebLinkAbout93-011 CC Resolution RESOLUTION NO. 93-11
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TEM[ECULA APPROVING THE EXPENDITURES OF
TAX INCREMIENT FUNDS OF THE REDEVELOPMENT
AGENCY FOR THE CONSTRUCTION OF A SENIOR
CITIZEN CENTER IN A REDEVELOPMENT 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 dollars
(1,000,000) of the cost of the project from the proceeds of redevelopment bonds, which it
intends to issue, 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 improvements 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 or 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 dollars ($1,000,000) of tax increment funding to construction of a
senior center in the Redevelopment Project No. 1-1988 redevelopment area.
Resos93-11
Section 3. The City Clerk shall certify to the adoption of this resolution.
PASSED, APPROVED AND ADOPTED this 26th day of January, 1993.
ATTEST: j@ Mufioz, M20or
J4".,dreek, City Cler@
[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 No. 93-11 was duly adopted at a regular meeting of the
City Council of the City of Temecula on the 26th day of January, 1993, by the following roll
call vote:
AYES: 5 COUNCILMEMBERS: Stone, Roberts, Birdsall, Parks,
Mufloz
NOES: 0 COUNCILMEMBERS: None
ABSENT: 0 COUNCILMEMBERS: None
Une S. Gree lerk
Resos93-11 2