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HomeMy WebLinkAboutRedevelopment Agency - 102 RESOLUTION NO. 102 A RESOLUTION OF THE REDEVELOPMENT AGENCY 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 Redevelopment Agency (the "Agency") has prepared 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 Redevelopment Agency 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. 00061 11/16/84 1. L PASSED AND ADOPTED by the Redevelopment Agency of the City of Huntington Beach at a regular meeting thereof held on the 19th day of November , 1984. airm n ATTEST: APPROVED AS TO FORM: Clerk of the Redevelopment lkgbncy Counsel Qgg;po6i. Agency REVIEWED AND APPROVED: INITIATED AND APPROVED: ity Administrator eputy Director , Redevelopment 2. Res. No. in2 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF HUNTINGTON BEACH) I , ALICIA M. WENTWORTH, Clerk of the Redevelopment Agency of the City of Huntington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of Huntington Beach at a meeting of said Redevelopment Agency held on the 19th day of November 19 84 , and that it was so adopted by the following vote: AYES: Members: MacAllister, Kelly, Bailey NOES: Members: Finley, Mandic ABSENT: Members: Pattinson NOT VOTING: Thomas Clerk of the Redevelopment Agency of the City of Huntington Beach, Ca.