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06111/02LS RESOLUTION NO. 2003-08 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA ADOPTING THE FISCAL YEAR 2003~004BUDGET BE IT RESOLVED BY THE MEMBERS OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: 1. Findings. The Community Redevelopment Agency of the City of Santa Ana conclusively finds, determines and declares as follows: a. Pursuant to Health & Safety Code § 33606, the Community Redevelopment Agency of the City of Santa Ana ("Agency") must adopt an annual budget. b. The draft budget for fiscal year 2003-2004 presented to the Agency is designed to further implement the Agency's mandate to reduce or eliminate the physical and economic conditions that cause blight within the City of Santa Ana. The Projects are consistent with the 5-Year Implementation Plan, the Redevelopment Plans (as amended) and the reduction and/or elimination of blight. c. The Legislature has concluded that the term "redevelopment" includes provision for open-space types of use, such as streets and other public grounds and space, and the raplanning or redesign of stagnant or improperly utilized areas which exist because of defective or inadequate street layout. d. The planning and administrative expenses included in the Agency budget are reasonable and necessary costs for the production, improvement, or preservation of Iow- and moderate-income housing pursuant to Health and Safety Code § 33334.3(d). Such costs are necessary and proportionate to the amount proposed for actual housing assistance activities for the year. e. The planning and administrative expenditures included in the Agency budget for fiscal year 2002-2003 were reasonable and necessary costs for the production, improvement and preservation of Iow- and moderate-income housing pursuant to Health and Safety Code § 33334.3(d). Such costs were necessary and proportionate to the amount of actual housing assistance activities for said year.