HomeMy WebLinkAboutRedevelopment Agency - 176 RESOLUTION NO. 176
A RESOLUTION OF THE HUNTINGTON BEACH REDEVELOPMENT AGENCY
FINDING THAT THE USE OF TAXES ALLOCATED FROM AMENDMENT NO.
ONE TO THE OAKVIEW REDEVELOPMENT PROJECT FOR THE PURPOSE OF
PROVIDING HOUSING OUTSIDE THE PROJECT AREA WILL BE OF
BENEFIT TO THE PROJECT
WHEREAS, the Huntington Beach Redevelopment Agency (the
"Agency") has prepared a proposed Amendment to the Redevelopment
Plan for the Oakview Redevelopment Project, which would result in
the allocation of taxes from the Project Area to the Agency,
pursuant to Health and Safety Code §33670(b) , for the purposes of
redevelopment; and
Section 33334 .2 of the California Community Redevelopment Law
(Health and Safety Code §33000 et. seq. ) requires that not less than
twenty percent (20%) of all taxes so allocated be used by the Agency
for the purpose of increasing and improving the community' s supply
of low and moderate income housing available at affordable housing
cost; and
Section 33334 .2(g) of the California Community Redevelopment
Law provides that the Agency may use such funds outside the Project
Area if a finding is made by resolution of the Agency and the City
Council of the City of Huntington Beach that such use will be of
benefit to the Project.
NOW, THEREFORE, the Huntington Beach Redevelopment Agency
does hereby resolve as follows:
SECTION 1•
The use of taxes allocated from the Project Area for the
purpose of increasing and improving the community' s supply of low
and moderate income housing available at affordable housing cost
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outside the Project Area and within the City of Huntington Beach
will be of benefit to the Project.
PASSED AND ADOPTED at a regular meeting of the Redevelopment
Agency of the City of Huntington Beach on the l9th day of June, 1989 .
I�t -tje.� Z
Chairman
ATTEST: APPROVED AS TO FORM:
W!4�
Secretary of the Red9velopment Agency Atto ey
Agency of the City of Huntington
Beach
REVIE , AND A OVED: NITIATED AND APPROVED:
L'( Executive Director i ector of Economic
D0 velopment
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I hereby certify that the foregoing Resolution was duly and
regularly passed and adopted at a meeting of the Huntington Beach
Redevelopment Agency, held thisl9th day of June, 1989, by the
following vote:
AYES: PIacAllister, Green, Winchell, Mays, Erskine
NOES: None
ABSENT: Silva
ABSTAIN: Bannister
Secretary
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176
Res. No. 176
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, p0 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 June 1989 , and that it was so adopted
by the following vote:
AYES: Members:
MacAllister, Green, Winchell, Mays, Erskine
NOES: Members:
None
ABSENT: Members:
Silva
ABSTAIN: Bannister
Clerk of the Redevelopmen Agency of
the City of Huntington Beach, Ca.
176