HomeMy WebLinkAboutC.C. RES 03-078RESOLUTION NO. 03-78
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TUSTIN, CALIFORNIA, FINDING AND DETERMINING THAT
THE USE OF MONIES FROM THE LOW AND MODERATE
INCOME HOUSING FUND OUTSIDE THE BOUNDARIES OF
THE MCAS TUSTIN REDEVELOPMENT PROJECT AREA, WILL
BENEFIT THE PROJECT AREA AND AUTHORIZING THE
EXPENDITURE OF SUCH FUNDS
The City Council of the City of Tustin DOES HEREBY RESOLVE as follows:
I. The City Council finds and determines as follows:
A.
The Redevelopment Agency of the City of Tustin ("Agency") is
vested with the responsibility to carry out the Redevelopment Plan in
accordance with the Community Redevelopment Law (CRL), Health
and Safety Code Section 33000, et seq.; and
B.
CRL Section 33334.2 requires that no less than twenty percent
(20%) of all taxes which are allocated to the Agency pursuant to CRL
Section 33670 shall be used b? the Agency for purposes of
increasing, improving and preserving the community's supply of iow
and moderate income housing and the construction and
rehabilitation of housing units ("Low and Moderate Income Housing
Fund"); and
C.
Pursuant to CRL Section 33334.2, the Legislature has declared its
intent that the Low and Moderate Income Housing Fund shall be
used to improve, increase and preserve Iow and moderate income
housing in the community; and
D.
Subsection (g) of CRL Section 33334.2 authorizes the Agency to use
monies from the Low and Moderate Income Housing Fund inside or
outside the Project Area but authorizes the 'Agency to use the funds
outside the Project Area only upon resolutions of the Agency and the
City Council finding that such use will be of benefit to the project; and
E.
Under said Subsection (g) of CRL Section 33334.2, the Legislature
has declared that the provision of replacement housing pursuant to
CRL Section 33413 is always of benefit to a project; and
F,
The City Council desires by this Resolution to declare that the
expenditure of monies from the Low and Moderate Income Housing
Fund outside the Project Area for purposes authorized under the
CRL are and will be of benefit to the Project Area.
Resolution No. 03-78
June 2, 2003
Page 2
NOW, THEREFORE, the City Council of the City of Tustin resolves as
follows:
Section 1. The Recitals above are fully incorporated into this resolution
and finding.
Section 2. The City Council finds and determines that the expenditure of
monies from the Low and Moderate Income Housing Fund outside the Project
Area for purposes authorized under the CRL are and will be of benefit to the
Project Area, in that it will be used to provide replacement housing for Iow and
moderate income persons and families displaced by redevelopment projects and
activities within the Project Area, and for other purposes authorized by the CRL.
Section 3. The Agency is authorized to expend monies from the Low and
Moderate Income Housing Fund inside and/or outside the Added Area for said
authorized purposes.
PASSED AND ADOPTED at a regular meeting of the Tustin City Council held on
the 2nd day of June 2003.
Tracy Wills Worley
Mayor
PAMELA STOKER
City Clerk
Resolution No. 03-78
June 2, 2003
Page 3
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF TUSTIN )
SS
I, Pamela Stoker, City Clerk and ex-officio City Clerk of the City Council of
the City of Tustin, California, do hereby certify that the whole number of
the members of the City Council of the City of Tustin is five; that the above
and foregoing Resolution No. 03-78 was duly passed and adopted at a
regular meeting of the Tustin Community Redevelopment Agency, held on
the 2nd day of June 2003, by the following vote:
COUNCILMEMBER AYES:
COUNCILMEMBER NOES:
COUNCILMEMBER ABSTAINED:
COUNCILMEMBER ABSENT:
WORLEY, KAWASHIMA, BONE, DAVERT, THOMAS
NONE
NONE
NONE
PAMELA STOKER
City Clerk
RDA Reso\RDA 03-10 Hsg Fund Finding of Benefit.doc