HomeMy WebLinkAboutRedevelopment Agency - 174 RESOLUTION NO. 174
A RESOLUTION OF THE REDEVELOPMENT AGENCY 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,
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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
The Agency 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 Redevelopment Agency 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 funds are generated are and will be
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of benefit to the respective Project Areas.
3 . The Agency is authorized to expend monies from the Low
and Moderate Income Housing Fund for said authorized purposes.
PASSED AND ADOPTED at a regular meeting of the Redevelopment
Agency of the City of Huntington Beach on the 26th day
of ,limp 1989 .
REDEVELOPMENT AGENCY OF THE CITY
OF HUNTINGTON BEACH
Chairman
ATTEST: APPROVED AS TO FORM:
Cofrh u
Secretary of the Redevelopment ity Attorn rr .. 2` �L
Agency of the City of Huntington 7
Beach
REVIE AND APPROVED: I ITIATED AND APPROVED:
f
r"
Executive irector ect of Ecdnomic Development
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STATE OF CALIFORNIA )
COUNTY OF ORANGE )SS
CITY OF HUNTINGTON BEACH )
I, Connie Brockway Secretary of the
Redevelopment Agency of the City of Huntington Beach hereby certify
that the above and foregoing Resolution No. 174 was duly and
regularly passed and adopted by the said Agency at a publicly
noticed regular meeting thereof, held on the 26th day
of June 1989 .
•
Secretary of the RedeNNKopment
Agency of the City of Huntington
Beach
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Res. No. 174
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF HUNTINGTON BEACH)
I, CONNIE BROCKWAY, 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
26th day of June 19 89, and that it was so adopted
by the following- vote:
AYES: Members:
MacAllister, Green, Winchell , Bannister, Silva
NOES: Members:
None
ABSENT: Members:
Mays, Erskine out of room
Clerk o t e Redevelopffrent Agency of
the City of Huntington Beach, Ca.