HomeMy WebLinkAbout1989-12 CRA
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RESOLUTION NO. 89-12
REL:mb(6)
10/12/89
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA, CALIFORNIA,
FINDING THAT THE USE OF TAXES ALLOCATED FROM
THE BRISTOL CORRIDOR REDEVELOPMENT PROJECT
FOR THE PURPOSE 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 Community Redevelopment Commission of the
City of Santa Ana, California has prepared a proposed Redevelop-
ment Plan for the Bristol Corridor Redevelopment Project which
would result in the allocation of taxes from the Project Area to
the 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~)
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, unless certain findings are made; 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 Agency and the City
Council that such use will be of benefit to the Project.
NOW THEREFORE, BE IT RESOLVED BY THE REDEVELOPMENT AGENCY
OF THE CITY OF SANTA ANA that the use of taxes allocated from the
Bristol Corridor Redevelopment project for the purpose of improving
and increasing the community's supply of lOW and moderate income
housing available at affordable costs outside the Project Area and
within the City of Santa Ana will be of benefit to the project.
ADOPTED this
by the following vote:
20th day of
November
, 1989,
AYES:
MEMBERS ACOSTA, GRISET, MAY, MCGUIGAN,
NORTON, PULIDO, YOUNG
NOES:
MEMBERS
ABSENT:
MEMBERS
ATTEST:
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Cyn ia J. Ne son
Executive Director/Recording
Secretary
APPROVED AS TO FORM: