HomeMy WebLinkAbout392 RDA_CCv0001.pdf RESOLUTION NO, 392
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 rehabilitation of
housing units is consistent with and in the 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 I. The Agency hereby finds that the use of low and moderate-income
housing funds from the Redevelopment Project Area for the rehabilitation of housing
units located outside the project area is consistent with, and to the 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 day of April 5, 2005.
REDEVELOPMENT AGENCY OF THE
CITY OF REDLANDS
,ice�Chairman
ATTEST:
S e-e c r�et y�