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ARA1993-15RESOLUTION NO. ~tL493- t 5 A RESOLUTION OF THE ANAHEIM RF..~EV~LOPM~NT AGENCY AUTHORIZING APPLICATION POP, I~DERAL FUNDS AND MAKING CERTAIN FINDINGS WITH RESPECT TO SR-91/KRAEMER BOULEVARD INTERCHANGE ENHANCE~T WHEREAS, the Anaheim Redevelopment Agency (the 'Agency") is a community redevelopment agency organized and existing under the Community Re, development Law, Health and Safety Code Section 33000 et Le~.; and WI-IEREAg, the C[ty Council of the City of Anaheim (me "CiDd Council') aClolatCxl the Redevelopment Plan for the Alpha. Redevelopment Project {'Project Alpha") on July 19, 1973 by Ordinance No. 3190, and as said plan was first amended by tho City Council on July 20, 1076 by Ordinance No. 3631, and as said plan was third amended by the City Coancii on January 5, 1982 by Ordinance No. 4300; and WI-tEREAS. thc Anaheim Redev¢lol~mcnt Agency is engaged in activities necessary and aOpropriate to carry out such r~lcv~lopment plan for Proj~:t Alpha; and WHEREAS, Section 3344:5 of me California Community Reclevc;lopment Law (Health and Safety Code SecTion :33000, et Iseq.) authorize~ a retlevelopment isgvncy, with the consent of the lcgislatlw b~xty, to pay all or part of the value of the land for and the cost of thc installation and construction of any building, iacility, structure, or other improvement which is publicly owned either within or withou! the oroject area upon certain findings; and WHEREAS, the United States Congress has enacted the Intermodal Surface Transportation Efficiency Act of' 1991, whicla is to make avanabie over $200 million in federal dollars over a six year period as funds to the California Department of Transportation for transportation enhancement activities; and WHEREAS, the Department of Transportation has established the procedures and criteria for reviewing proposals and, along with ~e Regional Transportation Agencies, will su0mit to the California Transportation Commission a list of recommended projects from which the recipients will be selected; and WHEREAS, said procedures and criteria established by the California Department of Transportation call for the approval of an application by the applicant's governing body before s~bmi.~.~ion of said application to the California Transportation Commission; and WHEREAS, the application contains assurances that the applicant must comply with; and WHERI~AS, the applicant, if selected, wilt enter into an agreement with the State of California to c:~rry out the transport.qticm erthaneement activities 0roiect; and WHEREAS, the Agency desires to apply for funding to physi~lly enhance the 91 Freeway/Kra~mer Boulevard Interchange (the "Inter¢t~ange Enhanccmem Proj~t"); and WHEREAS, the Agency proposes to commit to use an amount which' is expected to be approximately One Hundred Tnirty-Three Thousand Four Hundred Four Dollars ($133,404.00) of i,.s tax increment fimds to pay for twelve percent of the costs of the Interchange ,qnhancement Project if the grant is received; and WHEREAS, ~e expenditure of Agency .qtnds for the Interchange l~nhanccmcnt Project is of ~nefit to ~oj~t Alpha and ~e surrounding development, ~d is n~s~ m eff~ate ~e purposes of ~c Proj~t Alpha r~cvolopmom plan, b~ause ~e lmerchange E~aneement pr0i~t will provide an ~s~i~lly e~anc~ entrance into ~e An~im Canyon Business Cen~ in ~e No.east lndnsffial portion of Project Alpha, one of ~e major gateways imo ~ Proj~t ~; and WHEREAS, the California Department or' Transportation, and not thc Agency, would be responsible for the maintenance and operation of the Interchange Enhancement Project; and WHEREAS, there are no other reasonable means of financing the cost of the Interchange Erthancernent Project as the City has no funds in its general fund or capital improvement accounts which are currently unencumbered or available for tho benefit and use of the Agency, and likewise, the Agency has no alternative sources of funding to pay for the costs of ',he Interchange Enhancement Proje~, NOW THEREFORE, THE ANAI-IEIM R_EDI~VELOPMFo~ AGENCY DOES RESOLVE AS FOLLOWS: ~, The Agency finds and determines that Agency's payment of a portion of the costs of the Interchange Enhancement Project is of benefit to Project Alpha and the surrounding development, and is necessary to effectuate the purposes of the Proj~t Alpha redevelopment plan. Section 2,. The Agency f'mds and determines that no other means of financing the Asency's payment of a portion of the costs of the Interchange Enhancement Project are available to the community. Section 3. The Agency is au~orlzed to pay for th; A~ency's share of the costs of the Interchange Enhancement Project, upon receipt of federal fimds for such project. S_.ection 4. The Agency hereby approves the filing of an application for the 'rranspomtion Enhancement Activities Program for consideration for funding the Interchange Enhancement Project, and directs the Executive Director of the Agency, or her designee, m file such application. ~ti~, The Executive Director of the Agency is hen:by authorized, on behalf of the Agency, to conduct all negotlationa and to execute and submit all documents, including but not limited to applications, agreements, amendments and payment requests, which may be necessary or appropriate for me completion anti funding of the Interchange Enhanc~n~:,nt Project. PASSF.,D, APPROVED AND ADOP'I~D, this 2~th day of August, 199~. ANAHEIM REDI~VELOPM~NT AGENCY Chmnnan ATTEST: STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ANAHEIM ) I, ANN M. SAUVAGEAU, Acting Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing Resolution No. ARA93-15 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held on the 24th day of August, 1993, by the following vote of the members thereof: AYES: AGENCY MEMBERS: Feldhaus, Pickler, Simpson, Daly NOES: AGENCY MEMBERS: None ABSENT: AGENCY MEMBERS: Hunter AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency signed said Resolution No. ARA93-15 on the 25th day of August, 1993. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 25th day of August, 1993. ~ ~;~REDEVELOPMENT AGENCY (SEAL)