HomeMy WebLinkAboutCC RES 93-111 2
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RESOLUTION NO. 93-111
A RESOLUTION OF THE CITY COUNCIL 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 City Council 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
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Resolution No. 93-111
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 City Council of the City of Tustin
does hereby find and resolve as follows:
Section 1: The City Council 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 City Council 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 AKD ADOPTED at a regular meeting of the Tustin City
Council on the 1st day of November, 1993.
Mary E.~x~ynn
City Cl~k
city of Tustin
RESOLUTION CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF TUSTIN )
ss
RESOLUTION NO. 93-111
Mary E. Wynn, City Clerk and ex-officio Clerk of the City Council of the
City of Tustin, California, does hereby certify that the whole number of
the members of the City Council is five; that the above and foregoing
resolution was passed and adopted at a regular meeting of the City Council
held on the lst day of November, 1993, by the following vote:
COUNCILMEMBER AYES:
COUNCILMEMBER NOES:
COUNCILMEMBER ABSTAINED:
COUNCILMEMBER ABSENT:
Potts, Saltarelli, Pontious, Puckett, Thomas
None
None
None
Mary E. ~ynn, City Clerk