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<br />RESOLUTION NO. 837 <br /> <br />A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE <br />CITY OF RIVERSIDE, CALIFORNIA, ADOPTING FINDINGS <br />PURSUANT TO HEALTH & SAFETY CODE SECTION 33445 AND <br />AUTHORIZING PAYMENT OF COSTS FOR PUBLICLY OWNED <br />PROJECTS WITHIN THE LA SIERRNARLANZA <br />REDEVELOPMENT PROJECT AREA FOR LANDSCAPE <br />IMPROVEMENTS ON LA SIERRA A VENUE FROM NEBRASKA <br />AVENUE TO GRAMERCY PLACE. <br /> <br />WHEREAS, the Redevelopment Agency of the City of Riverside, California <br />("Agency") desires and intends to pay the cost for the construction and installation of <br /> <br />public improvements consisting of landscape improvements on La Sierra Avenue from <br /> <br />Nebraska A venue to Gramercy Place ("Improvements") within the La Sierra! Arl anz a <br />Redevelopment Project Area (the "Project Area"); and <br />WHEREAS, Health and Safety Code Section 33445 provides that the Agency <br />may, with the consent of the legislative body, pay all or part of the value of the land for, <br />and the cost of the installation and construction of, any building, facility, structure, or <br />other improvements that is publicly owned either within or without the Project Area; and <br />WHEREAS, the Improvements will consist of installation of irrigation and <br />landscaping in the La Sierra A venue median; and <br />WHEREAS, the Improvements will reduce blight in the Project Area and its <br />surrounding neighborhoods; and <br /> <br />WHEREAS, the Improvements will encourage private investment in the Project <br /> <br />Area and aesthetically enhance the La Sierra A venue median and promote the health, <br />safety and welfare of the community; and <br />WHEREAS, the legislative body of the Agency has consented to the Agency's <br />payment of the cost of construction and installation of the Improvements; and <br />WHEREAS, the Agency, with consent of the legislative body, desires to pay the <br />cost for construction and installation of the Improvements as described in this resolution. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the <br /> <br />City of Riverside as follows: <br />