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HomeMy WebLinkAboutCity Council - 5468 RESOLUTION NO. 5468 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH FINDING THAT THE USE OF TAXES ALLOCATED FROM THE HUNTINGTON CENTER COMMERCIAL DISTRICT REDEVELOPMENT PROJECT FOR THE PURPOSE OF HOUSING OUTSIDE THE PROJECT AREA WILL BE OF BENEFIT TO THE PROJECT WHEREAS, the Huntington Beach City Council has received a proposed Redevelopment Plan (the "Redevelopment Plan") for the Huntington Center Commercial District Redevelopment Project (the "Project") ; and The Redevelopment Plan provides for the allocation of taxes from the Project Area; and Section 33334.2 of the California Community Redevelopment Law (Health and Safety Code sections 33000 et seq. ) requires that no less than 20 percent of all taxes so allocated be used for the purpose of improving and increasing the community' s supply of low- and moderate-income housing available at affordable housing cost; Section 33334.2 (g) of the Health and Safety Code provides that such funds may be used outside the project area if a finding is made by resolution of the agency and the City Council that such use will be of benefit to the project, NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby find and resolve that the use of taxes allocated from the project area for the purpose of improving and increasing the community's supply of low- and moderate-income housing available at affordable housing cost outside the project area and in the city of Huntington Beach will be of benefit to the project. 1. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 19th day of November , 1984. ATTEST: A AS TO FORM: City Clerk City Attorney REVIEWED AND APPROVED: INITIATED AND APPROVED: 7� City Administra r eputy Direc or , *11 Redevelopment I 2. Res. No. 5468 STATE OF CALIFORNIA ) COUNTY OF ORANGE } as: CITY OF HUNTINGTON BEACH ) I, ALICIA M. WENTWORTH, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven that the foregoing resolution was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council at a regular meeting thereof held on the 19th day of November 19 84 by the following voter AYES: Councilmen: MacAllister, Kelly, Bailey NOES: Councilmen: Finley, Mandic ABSENT: Councilmen: Pattinson NOT VOTING: Thomas r City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California