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RESOLUTION NO. 05-48
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 SOUTH CENTRAL
REDEVELOPMENT PROJECT AREA, WILL BENEFIT THE
PROJECT AREA AND AUTHORIZING THE EXPENDITURE
OF SUCH FUNDS
The Tustin City Council DOES HEREBY RESOLVE as follows:
I.
The Tustin 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 South Central Redevelopment Plan in
accordance with the Community Redevelopment Law (CRL), Health and
Safety Code Section 33000, et sec.; 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 by the Agency for purposes of increasing, improving
and preserving the community's supply of low and moderate income
housing at an affordable housing cost to persons and families of low or
moderate incomes as defined under the CRL ("Low and Moderate Income
Housing Fund"); and
C.
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
D.
Pursuant to CRL Section 33334.3 Low and Moderate Income Housing
Fund shall be used to improve, increase and preserve the supply low and
moderate income housing within the territorial jurisdiction of the agency;
and
E.
Pursuant to CRL Section 33334.6 (a) the Legislature has declared that the
provision of housing is itself a fundamental purpose of the CRL and further
finds and declares that the provision and improvement of affordable
housing outside of redevelopment project areas can be of direct benefit to
those projects in assisting the accomplishments of project objectives
whether or not those projects, and determined that the provision of
Resolution No. 05-48
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affordable housing by redevelopment agencies, and the use of taxes
allocated to the agency is of statewide benefit and of particular benefit and
assistance to all local governmental agencies in areas where housing is
provided; 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
South Central Redevelopment Project Area for purposes authorized under
the CRL are and will be of benefit to the Project Area.
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 South Central
Redevelopment 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 low and moderate income
housing at an affordable housing cost to persons and families of low and moderate
income within the territorial jurisdiction of the Agency, 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 South Central
Redevelopment Project Area for said authorized purposes.
PASSED AND ADOPTED at a regular meeting of the Tustin City Council, held on
March 21,2005.
~~<C
LOU BONE
Mayor
ATTEST:
JØ~~
PAMELA STOKER
City Clerk
Resolution No. 05-48
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STATE OF CALIFORNIA)
COUNTY OF ORANGE) SS
CITY OF TUSTIN )
I, Pamela Stoker, City Clerk and ex-officio 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. 05-48 was duly
passed and adopted at a regular meeting of the Tustin City Council, held on the 21st day of
March, 2005, by the following vote:
COUNCILMEMBERAYES: BONE, DAVERT, AMANTE, HAGEN, KAWASHIMA
COUNCILMEMBER NOES: NONE
COUNCILMEMBER ABSTAINED: NONE
COUNCILMEMBER ABSENT: NONE
(5)
(0)
(0)
(0)
~n~í
. MELA STOKER
City Clerk
Resolution No. 05-48
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