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RESOLUTION NO. RDA 93-15
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF TUSTIN, CALIFORNIA, FINDING THAT
THE USE OF TAX INCREMENT HOUSING SET-ASIDE
FUNDS ALLOCATED FROM THE SOUTH CENTRAL PROJECT
AREA AND FROM THE TOWN CENTER PROJECT AREA FOR
THE IMPLEMENTATION OF THE CITY OF TUSTIN
COMPREHENSIVE AFFORDABLE HOUSING STRATEGY
OUTSIDE THE PROJECT AREAS WITHIN THE CITY OF
TUSTIN WILL BE OF PRIMARY BENEFIT TO BOTH
PROJECT AREAS
The Redevelopment Agency of the City of Tustin does
hereby resolve as follows:
WHEREAS, the Community Redevelopment Agency of the
City of Tustin (the "Agency") has adopted a Redevelopment
Plan (the "Redevelopment Plan") for the South Central
Project Area and has also adopted a Redevelopment Plan
for the Town Center Project Area; and
WHEREAS, both Redevelopment Plans provide for the
allocation of taxes from their respective Project Areas;
and
WHEREAS, Section 33334.2 of the California Community
Redevelopment Law (Health and Safety Code Section 33000
et seq.) requires that not less than twenty percent (20%)
of all taxes so allocated be used for the purpose of
increasing, improving and preserving the community's
supply of low and moderate income housing available at
affordable housing cost; and
WHEREAS, Section 33334.2(g) of the Health and Safety
Code provides that such funds may be used outside of a
project area if a finding is made by resolution of the
Agency and the City Council that such use will be of
benefit to the Project; and
WHEREAS, the Project Areas comprise only a limited
portion of the low to moderate income housing supply in
the City of Tustin and the overall low to moderate income
housing supply is dispersed throughout the City; and
WHEREAS, City of Tustin Community Redevelopment
Agency has adopted a Comprehensive Affordable Housing
Strategy to assist in providing for the housing needs of
low to moderate income households throughout the City;
and
WHEREAS, the use of tax increment funds for
implementation of the Comprehensive Affordable Housing
Strategy outside of the Project Area will directly
Resolution No. RDA 93-15
Page 2
promote the increase, improvement and preservation of the
community's supply of low to moderate income housing
available at affordable prices both inside and outside
the South Central and Town Center Project Areas.
NOW, THEREFORE, the Community Redevelopment Agency of the
City of Tustin does hereby find and resolve as follows:
Section 1: The Agency hereby finds that the use of
tax increment housing set-aside funds allocated from the
South Central Project Area and from the Town Center
Project Area for the purpose of increasing, improving and
preserving the community's supply of low and moderate
income housing available at affordable housing cost
outside the Project Areas and within the City of Tustin
will be of benefit to both the South Central and Town
Center Project Areas. Specific procedural and policy
guidelines contained in the Tustin Community
Redevelopment Agency's Comprehensive Housing
Affordability Strategy, subject to specific modification
by the Redevelopment Agency Board, shall be utilized in
the allocation and appropriation of Town Center Project
Area funds and South Central Project Area funds to
specific programs for increasing, improving and
preserving the community's supply of low to moderate
income housing.
Section 2: The Agency finds that the use of these
funds is of primary benefit to both the South Central and
Town Center Project Areas, and constitutes redevelopment
activity as described in Sections 33020 and 33021 of the
Health and Safety Code.
PASSED AND ADOPTED at a regular meeting of the Tustin Redevel-
opment Agency on the 1st day of November, 1993.
Jim P~ts '~
RedeVelopment Chairperson
Ma~y E. tWynn
City Clerk
City of Tustin
REDEVELOPMENT AGENCY RESOLUTION CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF TUSTIN )
SS
RESOLUTION NO. RDA 93-15
Mary E. Wynn, City Clerk and Recording Secretary of the Community
Redevelopment Agency of the City of Tustin, California, does hereby certify
that the whole number of the members of the Community Redevelopment Agency
is five; that the above and foregoing resolution was passed and adopted at
a regular meeting of the Tustin Community Redevelopment Agency held on the
1st day of November, 1993, by the following vote:
AGENCY MEMBER AYES:
AGENCY MEMBER NOES:
AGENCY MEMBER ABSTAINED:
AGENCY MEMBER ABSENT:
Potts, Saltarelli, Pontious, Puckett, Thomas
None
None
None
Mary E. W~,n, City, S. Clerk