HomeMy WebLinkAboutResolution - RDA 08-11 STATE OF CALIFORNIA ) RESOLUTION NO. RDA 08-11
COUNTY OF RIVERSIDE)ss
CITY OF SAN JACINTO )
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN
JACINTO FINDING THAT THE USE OF TWENTY PERCENT HOUSING FUNDS
FROM THE SAN JACINTO REDEVELOPMENT PROJECT AREA ("PROJECT
AREA") OUTSIDE THE PROJECT AREA WILL BE OF BENEFIT TO THE PROJECT
AREA
WHEREAS, the Redevelopment Agency ("Agency") of the City of San
Jacinto ("City") is engaged in the activities necessary to execute and implement the
redevelopment plan ("Redevelopment Plan") for the Agency's San Jacinto
Redevelopment Project Area ("Project Area"); and
WHEREAS, the Agency is undertaking certain activities necessary for
redevelopment in the Project Area pursuant to the provisions of the California
Community Redevelopment Law (Health & Safety Code, §§ 33000 et seq.) ("CRL") and
the Redevelopment Plan; and
WHEREAS, the CRL generally requires that not less than twenty percent
(20%) of all taxes allocated to the Agency pursuant to Health and Safety Code Section
33670 must be used by the Agency for preserving, improving, and increasing the City's
supply of low and moderate income housing available at affordable housing cost to
persons and families of low or moderate income and very low income households; and
WHEREAS, Health and Safety Code Section 33334.2(g) provides that the
Agency may use such funds outside of a project area if a finding is made by resolution
of the Agency Board and the City Council of the City of San Jacinto that such use will
be of benefit to the Project Area.
NOW, THEREFORE, BE IT RESOLVED BY THE AGENCY BOARD OF THE
REDEVELOPMENT AGENCY OF THE CITY OF SAN JACINTO:
SECTION 1. Incorporation of Recitals. The Agency Board finds and
determines that the Recitals set forth above are true and correct and are incorporated
into this Resolution by this reference.
SECTION 2. Finding Regarding Use of Low and Moderate Income
Housing Funds. The Agency Board hereby finds and declares that the use of taxes
allocated from the Project Area for the purpose of preserving, improving, and increasing
the City's supply of low and moderate income housing available at affordable housing
costs to persons and families of low or moderate income and very low income
households outside the Project Area will be of benefit to the Project Area.
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SECTION 3. Effective Date. This Resolution shall take effect upon its
adoption.
APPROVED AND ADOPTED, this 7rh day of August 2008 by the following vote:
Ayes: Mansperger, Potts, Stubblefield, Ayres
Nays: Carlson
Absent: None
Abstain: None
Ji res, Ch rman
TEST:
Dorothy L. Ch uinard, Agency Secretary
APPROVED AS TO FORM:
BEST BEST & KRIEGER LLP
Jeffrey S. Ballinger, Agency Counsel