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HomeMy WebLinkAbout82-083REL:jd 5/25/82 RESOLUTION NO. 82-83 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA FINDING THAT THE USE OF TAXES ALLOCATED FROM THE SANTA ANA SOUTH HARBOR BOULEVARD/FAIRVIEW STREET REDEVELOPMENT PROJECT FOR THE PURPOSE OF IMPROVING AND INCREASING THE COMMUNITY'S SUPPLY OF LOW AND MODERATE INCOME HOUSING OUTSIDE THE PROJECT AREA WILL BE OF BENEFIT TO THE PROJECT WHEREAS, the Redevelopment Commission of the City of Santa Ana has prepared a proposed Redevelopment Plan for the Santa An~ South Harbor Boulevard/Fairview Street Redevelopment Project which would result in the allocation of taxes from the Project Area to the Community Redevelopment Agency of the City of Santa Ana for purposes of redevelopment; and WHEREAS, Section 33334.2 of the California Community Redevelopment Law (Health and Safety Code Section 33000 et s.~q') requires that not less than 20 percent of all taxes so allocated be used by the Agency for the purpose of improving and increasing the community's supply of low and moderate income housing available at affordable housing cost; and WHEREAS, Section 33334.2(g) of the Health and Safety Code provides that the Agency may use such funds outside the Project Area if a finding is made by resolution of the Commission and the City Council that such use will be of benefit to the Project; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS FOLLOWS: The City Council hereby finds that the use of taxes allocated from the Project for the purpose of improving and increasing the community's supply of low and moderate income RESOLUTION NO. Page two 82- 83 housing available at affordable cost outside the Project Area and within the City of Santa Ana will be of benefit to the Project. Adopted this 15th day of June , 1982, by the following vote: ATTEST: ~ANICE C. GUY, 'Ci~W~ of the Council COUNC I LMEMBERS: Bricken Ae_~L Luxembourger A.¥e Acosta Aye Serrato Absent Griset Aye Markel Absent McGuigan Aye APPROVED AS TO FORM: EDWARD J. ~OO E~.~ City Attorney