HomeMy WebLinkAbout389 RDA_CCv0001.pdf RESOLUTION NO. 389
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 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
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 18th day of January 2005.
REDEVELOPMENT AGENCY OF THE
CITY OF REDLANDS
har an
ATTEST:
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