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??? f <br />RECLUTI?N NC, ????, <br />A RE?LT1CN ?F THE CITY COUNCIL ?F THE CITY ?F <br />ABTA AI?iA C?hIENTIN T? THE APPR?IIAL ?F A <br />DIP?ITIN AND DEVELOPMENT AGREEMENT <br />BET?1lEEhl THE COMMUNITY REDEIIEL?PMENT <br />AGENCY ?F THE CITY OF SANTA ANA AND SANTA ANA <br />STATi?N DISTRICT, LLC, A CALiFRNIA LiMiTED <br />LIABILITY C??f PANY, AND MA#?IN FINDINGS <br />iN ?NNECTICN THEREWITH <br />BE IT RESOLVED SY THE CITY C?L?NCiL ?F THE CITY ?F SANTA ANA AS <br />F?LLvIlS; <br />Section ? . The City Council of the City of Santa Ana hereby finds, determines <br />and declares ? follows; <br />A? Sections 4. and ?4.? of the California Redevelopment law, <br />Health and Safety Code Section 30og, e? seq. ?;`CRL'}}, authorize and <br />direct the Comn7unity Redevelopment Agency of the City of Santa Ana <br />?`{Agency}'} to expend a certain percentage of ail taxes which are allocated <br />to the Agency pursuant to CRL Section ??0 forthe purposes ?? <br />increasing, improving and preserving the cor?runity' supply of housing <br />available at an affordable housing cost to persons and families of very low, <br />low, and moderate income; and <br />B. Pursuant to applicable provisions of the CRL, the Agency has established <br />a Low and Moderate income Housing Fund {`Housing Fund"}; and <br />C. Pursuant to CRL Section ?3?.??e}, in carrying out its affordable housing <br />activities, the Agency i authorized to provide subsidies to or for the <br />benefit of very low income and lower income households, or persons and <br />families of Iow or moderate Income, to the extent those households cannot <br />obtain housing at affordable oasts on the open rnar?cet, and to provide <br />financial assistance for the construction and rehabilitation of housing <br />which gill be made available at an affordable housing cost to such <br />persons; and <br />D. Pursuant to CRL Section 4? ?b}, the Agency is required to ensure that <br />at least ? percent of all new and substantially rehabilitated dwelling units <br />developed within a project area under the jurisdiction of the Agency by <br />private or public entities or persons other than the Agency shall be <br />available at affordable housing cost to persons and farilie of low or <br />moderate income; and <br />Resoiutf?n No. ?00????? <br />Wage o? ?