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HomeMy WebLinkAboutResolution - 08-01 STATE OF CALIFORNIA ) RESOLUTION NO. RDA 08- 01 COUNTY OF RIVERSIDE)ss CITY OF SAN JACINTO ) A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JACINTO, CALIFORNIA, DETERMINING THE NECESSITY FOR ADMINISTRATIVE EXPENDITURES FROM THE REDEVELOPMENT AGENCY LOW AND MODERATE HOUSING FUND FOR FISCAL YEAR 2006-2007 WHEREAS, it is the intent of the State of California law and the Redevelopment Agency of the City of Jacinto that the Low and Moderate Income Housing Fund be purposed to the maximum extent possible to help defray the costs of production, improvement, and preservation of low and moderate income housing; and WHEREAS, the low and moderate monies that were expended in the Redevelopment Agency Low and Moderate Housing Fund in fiscal year 2006-2007 did help to improve the supply of affordable housing within the Redevelopment Project Areas and the City; and WHEREAS, the appropriation of funds in the Low and Moderate Housing Fund in the fiscal year 2006-2007 budget were associated with the development, improvement, and preservation of low and moderate income housing. NOW, THEREFORE, BE IT RESOLVED, by the Redevelopment Agency Board of the City of San Jacinto, California, that it has determined that budgeted appropriations and actual expenditures of fiscal year 2006-2007 were necessary to housing programs and activities in accordance with Califomia Health and Safety Code, Section 33334.3(d). APPROVED AND ADOPTED this 7th day of February 2008 by the following vote: Ayes: Carlson, Mansperger, Ritchie, Ayres Nays: None Absent: Stubblefield Abstain:.. 'None San Jacinto Redevelopment Agency Ayres, airman ATTES"P',...., A ency Sletary I STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE)ss CITY OF SAN JACINTO ) CERTIFICATION I, Dorothy L. Chouinard, City Clerk of the City of San Jacinto, California, do hereby certify that the foregoing Resolution No. RDA 08-01 was passed, adopted and approved at a regular meeting of the Redevelopment Agency of the City of San Jacinto, California, held on the 7th day of February, 2008, by the following vote: Ayes: Ayres, Carlson, Mansperger, Ritchie Nays: None Absent: Stubblefield Abstain: None WITNESS MY HAND AND OFFICIAL SEAL this 8th day of February, 2008. D rothy L. C uinard, City Clerk tIH1,II1P.