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<br />. <br /> <br />. <br /> <br />. <br /> <br />REC, 6/9194 <br /> <br />RESOLUTION NO. 94-1 <br /> <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY <br />OF THE CITY OF SANTA ANA DETERMINING THAT THE CON- <br />STRUCTION OF A RECREATION CENTER IN ROSITA PARK IS <br />OF BENEFIT TO THE SANTA ANA NORTH HARBOR BOULEVARD <br />REDEVELOPMENT PROJECT AREA, THAT NO OTHER REASONABLE <br />MEANS OF FINANCING CONSTRUCTION OF SAID RECREATION <br />CENTER IS AVAILABLE TO THE CITY AND THAT THE USE OF <br />FUNDS OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE <br />CITY OF SANTA ANA FOR CONSTRUCTION OF SAID RECRE- <br />ATION CENTER WILL ASSIST IN THE ELIMINATION OF ONE <br />OR MORE BLIGHTING CONDITIONS; AND AUTHORIZING THE <br />COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA <br />ANA TO PAY A PORTION OF THE COST OF CONSTRUCTION OF <br />SAID RECREATION CENTER <br /> <br />WHEREAS, Rosita Park, which is located at the southwest corner <br />of Newhope and Hazard (the "Park"), is located less than one-half <br />mile from the boundary of the Santa Ana North Harbor Boulevard <br />Redevelopment Project Area (the "Project Area"); and <br /> <br />WHEREAS, the Park serves residents of the Project Area; and <br /> <br />WHEREAS, the construction of a Recreation Center in the Park <br />is anticipated to increase utilization of the Park and, thereby <br />decrease crime in the area around the Park and in a portion of the <br />Project Area; and <br /> <br />WHEREAS, the cost of design and construction of the Recreation <br />Center is estimated to be $3.1 million; and <br /> <br />WHEREAS, the city of Santa Ana (" ci ty") has assembled $1. 1 <br />million in funds from various sources in order to finance the <br />construction of the Recreation Center, leaving a shortfall of <br />approximately $2 million; and <br /> <br />WHEREAS, the Community Redevelopment Agency of the city of <br />Santa Ana (the "Agency") has indicated its willingness to contrib- <br />ute up to $2 million in funds from the Project Area to make up the <br />shortfall and enable the city to construct the Recreation Center; <br />and <br /> <br />WHEREAS, the community has no other reasonable means of <br />financing the construction of the Recreation Center; and, <br /> <br />WHEREAS, the Redevelopment Plan for the Project Area authoriz- <br />es the construction of Park improvements; and <br /> <br />1 <br />