CC RES 1987-069RESOLUTION N0, 87 -69
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES CONSENTING TO THE PAYMENT BY
THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY FOR
THE VALUE OF CERTAIN LAND FOR AND THE COST OF THE
INSTALLATION AND CONSTRUCTION OF CERTAIN PUBLIC
IMPROVEMENTS INCLUDING THE ROADWAY OF PALO VERDES
DRIVE SOUTH LOCATED WITHIN THE PORTUGUESE BEND
LANDSLIDE IN THE CITY OF RANCHO PALOS VERDES
THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES HEREBY FINDS, DETERMINES,
RESOLVES AND ORDERS AS FOLLOWS:
Section 1. Under the provisions of California Health and Safety
Code Section 33445 , the Rancho Palos Verdes Redevelopment Agency may, with the
consent of the City Council of the City of Rancho Palos Verdes, pay all or part
of the value of the land for the cost of the installation and construction of
an y building, facility, structure, or other improvement which is publicly owned
either within or without Project Area No. 1, if the City Council determines
that: (i) the buildings, facilities, structures, or other improvements are of
benefit to the Project Area or the immediate neighborhood in which the Project
Area is located, regardless of whether the improvement is within another project
area and (ii) no other reasonable means of financing such buildings, facili-
ties structures, or other improvements, are available to the City of Rancho
Palos Verdes.
Section 2. The Agency proposes to install and construct certain
public lic improvements in connection with its redevelopment plan objective of
abatin g the Portuguese Bend Landslide, including realignment and reconstruction
of Palos Verdes Drive South, construction of storm drainage control facilities,
and placement of fill. The City has made application for a federal grant to
defra y the cost of the Agency's landslide abatement program, including the work
proposed osed herein. The money from such grant, if received, will be transferred to
the Agency to help pay the cost of its landslide abatement program.
Section 3, As stated in Section 1 hereof, under the provisions of
California Health and Safety Code Section 33445, the Agency may, with the con-
sent of the City Council, pay all or part of the value of the land for and the
cost of the installation and construction of any building, facility, structure,
or other improvement which is publicly owned either within or without the
Project Area, if the City Council makes certain determinations. The foregoing
described improvements will improve the stability of the area by improving
drainage and providing a resisting force to earth movement, which will provide
benefit to the Project Area. Based upon the foregoing and upon the other
reports and information provided to the City Council and the Agency, the City
Council hereby
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709CP /PYMNT Resolution No. 87 -69
finds and determines that ( i) such landslide abatement improvements are of bene-
fit to the Project Area and the immediate neighborhood in which the Project Area
is located and (ii) no other reasonable means of financing such improvements are
availabe to the City, and therefore consents to such payment.
PASSED, APPROVED and ADOPTED this 17th day of
December 19870
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ATTEST:
City Clerk
State of California )
County of Los Angeles ) ss
City of Rancho Palos Verdes )
I , JO PURCELL , City Clerk of the City Council of the City of Rancho Palos
Verdes, hereby certify that the Above Resolution no. 87 -69 was duly and regu-
larly passed and adopted by the said 17th day of December 1987.
City Clerk
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709CP /PYMNT Resolution No. 87 -69