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RESOLUTION NO. RDA 86-9
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF TUSTIN, CALIFORNIA, AUTHORIZING THE SUBMISSION TO THE
TUSTIN CITY COUNCIL AND TO THE STATE DEPARTMENT OF HOUSING
AND COMMUNITY DEVELOPMENT, PROPOSED STATEMENTS OF EXISTING
OBLIGATIONS AND EXISTING PROGRAMS OF ?HE TOWN CENTER REDEVELOPMENT
PROJECT AREA AND AUTHORIZING A PUBLIC HEARING ON SUCH
STATEMENTS
The Community Redevelopment Agency of the City of Tusttn, California,
hereby resolves as follows:
That pursuant to State Assembly Bill 265 {AB265) which became
effective January 1, 1986, the Community Redevelopment Agency of
the City of Tustin must adopt, prior to September 1, 1986,
statements of existing obligations and projects if the Agency
desires to deposit less than 20% of total tax increment
received, by the Town Center Project, into a low and moderate
income housing fund.
Be
That resolutions of the Agency containing statements of existing
obligations and programs must be considered at a public hearing
before the Agency.
That proposed resolutions containing statements of existing
obligations and programs must be submitted to the City Council
and to the State Department of Housing and Community Development
two weeks prior to the required public hearing considering said
resolutions.
II.
The Community Redevelopment Agency of the City of Tusttn, California,
hereby authorizes the following:
That proposed resolutions containing statements of existing
obligations and programs for the Town Center Redevelopment
Project Area shall be submitted to the Tustin City Council and
to the State Department of Housing and Community Development on
or before August 4, 1986.
That a public hearing before the Agency to consider resolutions
containing statements of existing obligations and programs shall
be advertised for, and conducted on August 18, 1986.
PASSED AND ADOPTED at a regular meeting of
Redevelopment Agency held on the 21st day of July, 1986.
~%MARY E. WYNN
Secretary
the Tusttn Community
July , 1986.
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RESOLUTION NO. RDA 86-9
Page Two
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
CITY OF TUSTIN )
MARY E. WYNN, City Clerk and Secretary Clerk of the Community Redevelopment
Agency of the City of Tustin, California, does hereby certify that the whole
number of the members of the City Council as the Community Redevelopment
Agency is five; that the above and foregoing Resolution No. RDA 86-9 was duly
and regularly introduced, passed and adopted at a regular meeting of the City
Council as the Community Redevelopment Agency held on the 215t day of July,
1986, by the following vote:
AYES :
NOES :
ABSENT:
COUNCILPERSONS:
COUNCILPERSONS:
COUNCILPERSONS:
Edgar, Hoesterey, Kelly, Kennedy, Saltarelli
None
None
~/),~?ARY E. WYNN, City Cl'erk/Secretary Cl~k -City of Tustin, California