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HomeMy WebLinkAbout5870RESOLUTION NO. 5870 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS AUTHORIZING THE USE OF LOW AND MODERATE -INCOME HOUSING FUNDS OUTSIDE THE REDLANDS PROJECT AREA FOR THE DEVELOPER ASSISTANCE PROGRAM WHEREAS, to effectuate the provisions of the Redevelopment Plan for the Redlands Project for the development of new and improved low- and moderate -income housing, the Redevelopment Agency of the City of Redlands (the Agency") proposes to authorize the allocation of low- and moderate -income set-aside funds through the Developer Assistance Program for the construction of housing units in Redlands; and WHEREAS, California Health and Safety Code Section 33334.2 (g) requires, that as a precondition to the Agency's use of low- and moderate -income housing set-aside funds outside of the Redlands Redevelopment Project Area, the legislative body must find and resolve that the use of such funds will be of benefit to the project area; and WHEREAS, the City Council has determined that the use of low- and moderate -income housing funds from the Redlands Proj ect Area for the construction of housing units is consistent with and in furtherance of the Redevelopment Plan for the City of Redlands and will be of benefit to the citizens of the community as a whole and the Redlands Redevelopment Project Area; NOW THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED BY THE CITY COUNCIL OF THE CITY OF REDLANDS AS FOLLOWS. Section 1 The City Council hereby finds that the use of low- and moderate -income housing funds from the Redlands Redevelopment Project Area for the construction of housing units located outside of the project area is consistent with, and in furtherance of, the Redevelopment Plan for the City of Redlands and will be a benefit to the community as a whole and the Redlands Redevelopment Project Area. Section 2. This Resolution shall take effect upon adoption. ADOPTED, SIGNED AND APPROVED this 3rd day of April, 2001 ATTEST City C •rk, City of (; rftei�G�` g Mayor, City of Redlands I, Lorrie Poyzer, City Clerk of the City of Redlands, hereby certify that the foregoing Resolution was duly adopted by the City Council at a regular meeting thereof, held on the 3rd day of April, 2001 by the following vote: AYES NOES: ABSTAIN ABSENT Councilmembers George Freedman Peppler Haws Mayor Gilbreath None None None A.f ;ity erk /'