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RESOLUTION NO. 942 <br />A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF <br />RIVERSIDE, CALIFORNIA, ADOPTING FINDINGS PURSUANT TO <br />HEALTH & SAFETY CODE SECTION 33445 AND AUTHORIZING <br />PAYMENT OF COSTS FOR PUBLICLY OWNED PROJECTS WITHIN THE <br />MERGED DOWNTOWN /AIRPORT INDUSTRIAL AND HUNTER <br />PARK/NORTHSIDE REDEVELOPMENT PROJECT AREA FOR THE <br />IMPROVEMENT OF THE MUNICIPAL AUDITORIUM. <br />WHEREAS, the Redevelopment Agency of the City of Riverside, California ( "Agency "), <br />N . <br />Eel <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25. <br />26 <br />27 <br />28 <br />desires and intends to pay the cost for the construction and installation of the Municipal <br />Auditorium consisting of rehabilitation of the building to include improved site drainage; replace <br />existing roof, gutters, and downspouts; repair and/or replace wood soffits and eaves; provide <br />seismic upgrades and modifications; address ADA upgrades, structural improvements, performer <br />and patron safety improvements, and aesthetic improvements; and provide electrical, <br />mechanical, and plumbing improvements ( "Improvements) in the Merged Downtown/Airport <br />Industrial and Hunter Park and Northside Project Area (the "Project Area "); and <br />WHEREAS, Health and Safety Code Section 33445 provides that the Agency may, with <br />the consent of the legislative body, pay all or part of the value of the land for, and the cost of the <br />installation and construction of, any building, facility, structure, or other improvement that is <br />publicly owned either within or without the Project Area; and <br />WHEREAS, the Improvements will reduce blight in the Project Area and its surrounding <br />neighborhoods; and <br />WHEREAS, the Improvements will maintain a key public facility and promote the <br />health, safety and welfare of the community; and <br />WHEREAS, the legislative body of the Agency has consented to the Agency's paying for <br />the cost of the Improvements. <br />NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of <br />Riverside that staff is hereby authorized to pay for the costs for construction and installation of <br />the Improvements described in this resolution, based on the following findings: <br />I <br />