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HomeMy WebLinkAbout298 RDA_CCv0001.pdf RESOLUTION NO. 298 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 to Habitat for Humanity for the construction of one housing unit 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 construction of the housing unit 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 construction of the housing unit 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 Ist day of February 2000. REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS Chairman ATTEST: Secret y