HomeMy WebLinkAbout262 RDA_CCv0001.pdf RESOLUTION NO. 262
RESOLUTION OF THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS
AUTHORIZING THE USE OF LOW-AND MODERATE-INCOME HOUSING
FUNDS OUTSIDE THE REDLANDS PROJECT AREA.
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 allocate set-aside funds
for the rehabilitation of housing units in Redlands; and
WHEREAS, the Agency has determined that the use of low-and moderate-income housing
funds from the Redlands Redevelopment Project Area for the rehabilitation of the 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
REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS AS FOLLOWS:
Section 1. The Agency hereby finds that the use of low- and moderate-income housing
funds from the Redlands Redevelopment Project Area for the rehabilitation of the housing units
located outside 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 2nd day of December 1997.
REDEVELOPMENT AGENCY OF THE
CITY OF REDLANDS
Chairman
ATTEST:
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