1984-03 CRA - Laserfiche WebLink

Home Browse Search

..- . . . ", RESOLUTION NO. 84-3 PAGE THREE (c) Nothing in this section shall constitute a waiver or restriction on the right of the City or the Agency to take action including condemnation, with respect to violations of City or Agency codes or standards which are found to be a danger to the public health or safety, including those the City could abate in the absence of the Redevelopment Plan for the South Harbor Boulevard Fairview Street Redevelopment Project Area. Nevertheless, the power of the Agency will not be used to take any exempted property which is rendered contrary to the City's Zoning Ordinance as the result of Agency action. (d) Nothing in this section shall prevent the City or the Agency from utilizing eminent domain with the consent of the property owner, or from paying re- location benefits as required by law. SECTION 2: Tax Increments Sixty percent (60%) of the tax increments or tax in- crement generated or related revenue or moneys repayable from tax increment from the project area shall be set aside solely and exclusively for low and moderate income housing and related activities such as rebates, low interest rehabilitation loans, public improvements or assisting in low income housing con- struction. SECTION 3: Ambiguity Any ambiguity which may be found to exist regarding this Resolution including its Recitals shall be interpreted in accordance with the intention set forth in the Recitals and with the intent to permanently resolve and terminate the above-entitled lawsuit and the issues raised therein. SECTION 4: When Resolution Effective This Resolutionis adopted on the date recited below. Nevertheless, it shall be effective only when the Judgment attached hereto as Exhibit No.3 is filed in the Superior Court of Orange County. Such judgment shall be a final, non-appealable judgment resolving all of the issues raised therein and determining that