HomeMy WebLinkAboutRDA RES 05-01
RESOLUTION NO. RDA 05-01
A RESOLUTION OF THE REDEVELOPMENT AGENCY 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 Community Redevelopment Agency DOES HEREBY RESOLVE as
follows:
I.
The Tustin Community Redevelopment Agency 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 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 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
RDA Resolution No. 05-01
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whether or not those projects, and determined that the provision of
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 Agency 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 Redevelopment Agency of the City of Tustin resolves
as follows:
Section 1, The Recitals above are fully incorporated' into this resolution and
finding.
Section 2. The Agency 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, APPROVED AND ADOPTED at a regular meeting of the Tustin
Community Redevelopment Agency held on the 21st day of March, 2005.
¡fZ Þ ß-f
LOU BONE
Chairperson
~
PAMELA STOKER
City Clerk
RDA Resolution No. 05-01
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STATE OF CALIFORNIA)
ORANGE COUNTY )ss
CITY OF TUSTIN)
I, Pamela Stoker, City Clerk and ex-officio Clerk of the Tustin Community
Redevelopment Agency of the City of Tustin, California, do hereby certify that the whole
number of the members of the Redevelopment Agency of the City of Tustin is five; that
the above and forgoing RDA Resolution No. 05-01 was duly passed and adopted at a
regular meeting of the Tustin Community Redevelopment Agency, held on March 21,
2005, by the following vote:
AGENCYMEMBER AYES: BONE, DAVERT, AMANTE, HAGEN, KAWASHIMA
AGENCYMEMBER NOES: NONE
AGENCYMEMBER ABSTAINED: NONE
AGENCYMEMBER ABSENT: NONE
(5)
(0)
(0)
(0)
P~
City Clerk
RDA Resolution No. 05-01
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