RDA RES 1987-031 RESOLUTION NO. RDA 87-31
A RESOLUTION OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY APPROVING PAYMENT BY THE AGENCY
FOR THE VALUE OF CERTAIN LAND FOR AND THE COST OF
THE INSTALLATION AND CONSTRUCTION OF CERTAIN PUBLIC
IMPROVEMENTS INCLUDING THE ROADWAY OF PALOS VERDES
DRIVE SOUTH LOCATED WITHIN THE PORTUGUESE BEND
LANDSLIDE IN THE CITY OF RANCHO PALOS VERDES
THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY 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 and the cost of the installation and
construction of any 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 reaso-
nable means of financing such buildings, facilities , structures, or other
improvements, are available to the City of Rancho Palos Verdes.
Section 2. The Agency proposes to install and construct certain
public improvements in connection with its redevelopment plan objective of
abating 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 defray the cost of the Agency' s landslide abatement
program, including the work proposed 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
consent 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, faci-
lity, structure, or other improvement which is publicly owned either within
or without the Project Area, if the City Council makes certain deter-
minations. 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
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709CP/RES87.31
Council and the Agency, the Agency hereby finds and determines that (i)
such landslide abatement improvements are of benefit to the Project Area
and the immediate neighborhood in which the Project Area is located, and
ii) no Qthe
r reasonable means of financing suc improvements are available
to the City.
PASSED, APPROVED and ADOPTED this 17TH day of December ,
1987.
010:1 ,ki: 6,./Ai A.4-irii
OFAgency Chairwoman
ATTEST:
I / ii
gency Secretary
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss
CITY OF RANCHO PALOS VERDES )
I , JO PURCELL, Agency Secretary of the Rancho Palos Verdes
Redevelopment Agency hereby certify that the above Resolution No. RDA 87-30
was duly and regularly passed and adopted by the said Redevelopment Agency
at a regular meeting thereof held December 17, 1987.
114 , / / f
£ gency Secretary
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709CP/RES87.31