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95-003 RESOLUTION NO. 95R-3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM APPROVING THE TERMS AND CONDITIONS OF A COOPERATION AND CONTRIBUTION AGREEMENT FOR TRAFFIC SIGNAL INSTALLATION WITH THE ANAHEIM REDEVELOPMENT AGENCY AND SEVERAL PROPERTY OWNERS. WHEREAS, the Anaheim Redevelopment Agency is charged with implementing the Redevelopment Plan for Redevelopment Project Alpha; and %rHEREAS, Section 33445 of the Health and Safety Code authorizes the Agency to 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; and WHEREAS, an agreement entitled Cooperation and Contribution Agreement for Traffic Signal Installation has been prepared whereby the City of Anaheim will install certain publicly-owned facilities and the Agency and several adjacent property owners agree to reimburse the City therefor; and WHEREAS, the facilities to be installed by the City pursuant to the Cooperation and Contribution Agreement for Traffic Signal Installation are hereby determined to be of benefit to the Project Area of Redevelopment Project Alpha and the immediate neighborhood in which the Project Area is located; and ~PrIEREAS, it is hereby determined that no other reasonable means of financing the facilities are available to the City of Anaheim; and WHEREAS, it is hereby determined that the payment of funds for the cost of the facilities will assist in the elimination of one or more blighting conditions inside the Project Area of Redevelopment Project Alpha, and is consistent with the Agency's Implementation Plan adopted pursuant to Section 33490 of the California Health and Safety Code. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the terms and conditions of the Cooperation and Contribution Agreement for Traffic Signal Installation be, and they are hereby, accepted and approved. BE IT FURTHER RESOLVED that the Mayor and City Clerk be, and they are hereby, authorized and directed to execute the Cooperation and Contribution Agreement for Traffic Signal Installation on behalf of the City of Anaheim. THE FOREGOING RESOLUTION is approved and adopted by the City Council this 10thday of January , 1995. ATTEST:. :. :. :~ ) ~ CfT~ CLERK or THE CITY OF ANAHEIM STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 95R-3 was Introduced and adopted at a regular meeting provided by law, of the Anaheim City Council held on the loth day of January, 1995, by the following vote of the members thereof: AYES: MAYOR/COUNCIL: Lopez, Zemel, Feldhaus, Daly NOES: MAYOR/COUNCIL: None ABSENT: MAYOR/COUNCIL: None COUNCIL VACANCY: COUNCILMEMBER: One AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Resolution No. 95R-3 on the loth day of January, 1995. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this loth day of January, 1995. CITY CLERK OF THE CITY OF ANAHEIM (SEAL) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 95R-3 was duly passed and adopted by the City Council of the City of Anaheim on January 10, 1995. CITY CLERK OF THE CITY OF ANAHEIM -"-'