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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. 862 <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 />LA SIERRA/ARLANZA REDEVELOPMENT PROJECT AREA CONSISTING <br />OF STREET IMPROVEMENTS. <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 street improvements on Ellen Street from Picker Street to Philbin Avenue, <br />Woh1stetter Street from Philbin Avenue to Wells Avenue, Picker Street from Philbin Avenue to <br />Wells Avenue, Campbell Avenue from Ellen Street to Picker Street, Gramercy Place from Ellen <br />Street to the end of street, Larry Way from Picker Street to Ellen Street, Ivanhoe Avenue from <br />Campbell Avenue to Wells Avenue, Kent Avenue from Campbell Avenue to Wells Avenue, <br />Chal1en Avenue from Philbin Avenue to Wells Avenue, Rutland Avenue from Campbell Avenue <br />to Wells Avenue, Noble Street from Cypress Avenue to Trey Avenue, Trey Avenue from <br />Chal1en Avenue to Picker Street, Picker Street from Cypress Avenue to Philbin Avenue, Chapel <br />Avenue from Cypress Avenue to Trey Avenue, Janet Avenue from Chal1en Avenue to the end of <br />street, and Janet Avenue from Picker Street to the end of street ("Improvements") within the <br />La Sierra/Ar1anza Redevelopment 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 /> <br />installation and construction of, any building. facility, structure. or other improvements that is <br /> <br />publicly owned either within or without the Project Area; and <br /> <br />WHEREAS, the Improvements will consist of pavement and concrete reconstruction, <br />striping, and ADA improvements; and <br />WHEREAS, the Improvements will reduce blight in the Project Area and its surrounding <br />neighborhoods; and <br />WHEREAS, the Improvements will improve the circulation and safety for pedestrians, <br />bicycles, and vehicles and promote the health, safety and welfare of the community; and <br /> <br />1 <br />