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5/25/82
RESOLUTION NO. 82-86
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA ANA FINDING THAT THE USE OF TAXES ALLOCATED
FROM THE SANTA ANA SOUTH MAIN STREET REDEVELOPMENT
PROJECT FOR THE PUR,POSE OF IMPROVING AND INCREASING
THE COMMUNITY'S SUPPLY OF LOW AND MODERATE INCOME
HOUSING OUTSIDE THE PROJECT AREA WILL BE OF BENEFIT
TO THE PROJECT
WHEREAS, the Redevelopment Commission of the City of
Santa Ana has prepared a proposed Redevelopment Plan for the
Santa Ana South Main Street Redevelopment Project which would
result in the allocation of taxes from the Project Area to the
Community Redevelopment Agency of the City of Santa Ana for
purposes of redevelopment; and
WHEREAS, Section 33334.2 of the California Community
Redevelopment Law (Health and Safety Code Section 33000 et
seq.) requires that not less than 20 percent of all taxes so
allocated be used by the Agency for the purpose of improving
and increasing the community's supply of low and moderate
income housing available at affordable housing cost; and
WHEREAS, Section 33334.2(g) of the Health and Safety
Code provides that the Agency may use such funds outside the
Project Area if a finding is made by resolution of the Commission
and the City Council that such use will be of benefit to the
Project;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF SANTA ANA AS FOLLOWS:
The City Council hereby finds that the use of taxes
allocated from the Project for the purpose of improving and
increasing the community's supply of low and moderate income
RESOLUTION NO. 82-86
housing available at affordable cost outside the Project Area
and within the City of Santa Ana will be of benefit to the
Project.
Adopted this 28th day of June , 1982, by
the following vote:
GORDON
ATTEST:
:Cler~ o~Ouncil
Bricken Aye
Luxembourger -~ye
Acosta --~t
Serrato -~ye
Griset Y~
Markel '-A-6~'f~ined
McGuigan Aye
APPROVED AS TO FORM:
~DWARD J. C~OP R~City Attorney