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Reso 2006-134
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Reso 2006-134
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1/5/2007 2:50:52 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
12/18/2006
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<br />IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br /> <br />RESOLUTION NO. 2006-134 <br /> <br />(3087) <br /> <br />RESOLUTION RESCINDING CITY COUNCIL RESOLUTION NO. 2006-075, <br />CONSENTING TO THE USE OF REDEVELOPMENT AGENCY FUNDS AND APPROV AL <br />OF PLANS AND SPECIFICATIONS AND CALL FOR BIDS FOR DOOLITTLE DRIVE <br />ENTRY WAY IMPROVEMENTS, PHASE 1 AND 2, PROJECT NO. 230-43-155 <br /> <br />Recitals <br /> <br />WHEREAS, California Redevelopment Law at Health and Safety Code Section 33445 <br /> <br />provides that a redevelopment agency may, with the consent of the legislative body, pay all or a <br /> <br />portion of the cost of the construction of any building, facility, structure, or other improvement, <br /> <br />which is publicly owned either within or without the project area; and <br /> <br />WHEREAS, on June 16, 2004, the Redevelopment Agency of the City of San Leandro <br /> <br />(the "Agency") issued $5,500,000 in Tax Allocation Bonds for the West San Leandro/MacArthur <br /> <br />Boulevard Redevelopment Project Area to assist in financing, in part, the Doolittle Drive <br /> <br />Entryway Improvements, Phase 1 and 2, Project No. 230-43-155; and <br /> <br />WHEREAS, the Agency has determined that tax increment funds are also available from <br /> <br />the West San Leandro/MacArthur Boulevard Redevelopment Project to assist in financing, in <br /> <br />part, the Doolittle Drive Entryway Improvements, Phase 1 and 2, Project No. 230-43-155; and <br /> <br />WHEREAS, the Agency has made the findings required by Section 33445 and has <br /> <br />determined that no other means of financing the installation of the Doolittle Drive Entryway <br /> <br />Improvements, Phase 1 and 2, Project No. 230-43-155, is available to the community in that the <br /> <br />only other possible source of funding is through the use of the City's General Fund, which is <br /> <br />pledged for the provision of essential city services for the residents of the City. <br />
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