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HomeMy WebLinkAboutCity Council - 6026 RESOLUTION NO. 6026 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH FINDING AND DETERMINING THAT THE USE OF MONIES FROM THE LOW AND MODERATE INCOME HOUSING FUND OUTSIDE THE PROJECT AREAS WILL BENEFIT THE PROJECT AREAS, AND AUTHORIZING THE EXPENDITURE OF SUCH FUNDS WHEREAS, the Redevelopment Agency of the City of Huntington Beach ("Agency") is a Community Redevelopment Agency organized and existing under the Community Redevelopment Law, Health and Safety Code §33000, et seq. , (the "Act") ; and The Agency is authorized to implement the Redevelopment Plans for each of the Huntington Beach Redevelopment Projects (the "Plans") for each of the Project Areas (the "Project Areas") , including the Main-Pier Redevelopment Project Area, the Oakview Redevelopment Project Area, the Huntington Center Redevelopment Project Area, the Yorktown-Lake Redevelopment Project Area and the Talbert-Beach Redevelopment Project Area; and Section 33334 .2 of the Act requires that not less than twenty percent (20%) of all taxes which are allocated to the Agency pursuant to §33670 of the Act shall be used by the Agency for purposes of increasing and improving the community' s supply of low and moderate income housing ("Low and Moderate Income Housing Fund") ; and Pursuant to §33334 .2 of the Act the Legislature declares its intent that the Low and Moderate Income Housing Fund shall be used to improve and increase housing in the community; and To carry out the purposes of increasing and improving the community' s supply of low and moderate income housing §33334 .2 (e) of the Act states the Agency may exercise any or all of its powers, -1- including without limitation, acquiring land or building sites, improving land or building sites with onsite or offsite improvements, donating land to private or public persons or entities, constructing buildings or structures, acquiring buildings or structures, rehabilitating buildings or structures, providing subsidies to, or for the benefit of, very low income households, lower income households, or persons or families of low and moderate income, or other powers to carry out the purposes of the Act; and Subsection (g) of §33334 .2 of the Act authorizes the Agency to use monies from the Low and Moderate Income Housing Fund inside or outside the Project Area, but the Agency may only use the funds outside the Project Area upon resolutions of the Agency and the City Council finding that such use will be of benefit to the Project Area; and Under said Subsection (g) of §33334 .2 the Legislature declares that the provision of replacement housing pursuant to §33413 is always of benefit to a project area; and WHEREAS, the City Council desires by this Resolution to declare that the expenditure of monies from the Low and Moderate Income Housing Fund outside the Project Area for purposes authorized under the Act are and will be of benefit to the Project Area; NOW, THEREFORE, the City Council of the City of Huntington Beach finds, declares, and resolves as follows : 1. The Recitals above are fully incorporated into this resolution and finding. 2 . The expenditure of monies from the Low and Moderate Income Housing Fund for purposes authorized under the Act outside the Project Areas in which such fund are generated are and will be -2- 6026 of benefit to the respective Project Areas . 3 . The City hereby authorizes the Agency to expend monies from the Low and Moderate Income Housing Fund for said authorized purposes . adjourned PASSED AND ADOPTED at a /regular meeting of the City Council of the City of Huntington Beach on the -2_EtL day of June , 1989 . Mayor ATTEST: APPROVED AS TO FORM: City Clerk tNITIATED y&,, REVIEWED AND APPROVED: ND APPR D: City Administrator Di a for of Economic Development -3- 6026 STATE OF CALIFORNIA ) COUNTY OF ORANGE )SS CITY OF HUNTINGTON BEACH ) I, Connie Brockway , City Clerk of the City of Huntington Beach hereby certify that the above and foregoing Resolution adjou ned No . 6026 was duly and/regularly passed and adopted by the City Council at a publicly noticed regular meeting thereof, held on the 26th day of June , 1989 . IN WITNESS WHEREOF I have hereunto set my hand and affixed the Seal of the City of Huntington Beach this _28th day of — June 1989 . City Clerk _4_ 6026 Res. No. 6026 STATE OF CALIFORNIA COUNTY OF ORANGE ss: CITY OF HUNTINGTON BEACH ) I, CONNIE BROCKWAY 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; d b affirmative that the foregoing resolution was passed andado to the affirma a 9 9 p P Y vote of at least a majority of all the members of said City Council at a regular meeting thereof held on the 26th day of June 19 89 by the following vote: AYES: Councilmembers: MacAllister, Green, Winchell. Bannister, Silva NOES: Councilmembers: None ABSENT: Councilmembers: Mays, Erskine out of room Cit y Clerk and ex-officio Cler of the.City Council of the City of Huntington Beach, California