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<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />4. The Community Redevelopment Agency hereby affirms its <br />commitment to implement Section 334, "Replacement Housing," of the <br />Redevelopment Plan for the Bristol Corridor Project Area, which requires, <br />pursuant to Sections 33334.5 and 33413 of the California Community <br />Redevelopment Law, that whenever dwelling units housing persons and <br />families of low or moderate income are destroyed or removed from the 10w- <br />and moderate-income housing market as part of a redevelopment project, <br />the agency shall, within four years of such destruction or removal, <br />rehabilitate, develop, or construct, or cause to be rehabilitated, <br />developed, or constructed, for rental or sale to persons and families of <br />low or moderate income an equal number of replacement dwelling units at <br />affordable housing costs. <br /> <br />5. The Community Redevelopment Agency also hereby affirms its <br />approval of policies relating to the redevelopment process as delineated <br />in that certain memo titled "Policy Statements Concerning The Bristol <br />Corridor Development Project," to the Deputy City Manager from the <br />Executive Director of the Community Development Agency, dated <br />November 15, 1989, and attached hereto as Exhibit A. <br /> <br />ADOPTED this 20th day of Nov. <br /> <br />1989, by the following vote: <br /> <br />AYES: <br /> <br />Members: ACOSTA, GRISET, MAY, NORTON, <br />MCGUIGAN, PULIDO, YOUNG <br />Members: <br /> <br />NOES: <br /> <br />ABSENT: <br /> <br />Members: <br /> <br />ATTEST: <br /> <br />~~ <br /> <br />EJt~fi~ <br /> <br />APPROVED AS TO FORM: <br /> <br />A~buNSEL <br /> <br />RBH/dt/l0 <br />