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<br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <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 /> <br />RESOLUTION NO. 857 <br /> <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 />HUNTER PARK/NORTHSIDE REDEVELOPMENT PROJECT AREA FOR <br />THE COLUMBIA AVENUE GRADE SEPARATION PROJECT. <br /> <br />WHEREAS, the Redevelopment Agency of the City of Riverside, California ("Agency") <br />desires and intends to pay the cost for the construction and installation of public improvements <br />consisting of a railroad overpass and related street and storm drain improvements <br /> <br />("Improvements") within the Hunter Park/Northside Redevelopment Project Area (the "Project <br /> <br />Area"); and <br /> <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 /> <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 consist of raising Columbia Avenue over the BNSF <br />Railroad tracks and related improvements along both sides of Columbia Avenue to support the <br />raised roadway, and providing access to the affected properties; and <br />WHEREAS, the Improvements will reduce blight in the Project Area and its surrounding <br />neighborhoods; and <br />WHEREAS, the Improvements will reduce traffic delays and congestion on Columbia <br />Avenue, increase traffic efficiency, improve track safety and promote the health, safety and <br />welfare of the community; and <br />WHEREAS, the legislative body of the Agency has consented to the Agency's payment <br />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 cost for <br />construction and installation of the Improvements as described in this resolution. <br /> <br />1 <br />