Loading...
HomeMy WebLinkAboutResolution No. 583RESOLUTION NO. 583 A RESOLUTION OF THE AZUSA REDEVELOPMENT AGENCY FINDING THAT THE PROVISION OF LOW AND MODERATE INCOME. HOUSING OUTSIDE THE RANCH CENTER REDEVELOPMENT PROJECT WILL BE OF BENEFIT TO THE RANCH CENTER REDEVELOPMENTPROJECT WHEREAS, the Azusa Redevelopment Agency (the "Agency") has undertaken the formation of the Ranch Center Redevelopment Project; and WHEREAS, in accordance with Section 33334.2(a) of Community Redevelopment Law, not less than twenty percent (20%) of all taxes which are allocated to the Agency shall be used for the purposes of increasing and improving the community's supply of low and moderate income housing; and WHEREAS, Section 33334.2(g) of Community Redevelopment Law provides that the Agency may use such funds outside the Project Area upon adoption of a resolution by the Agency and by the legislative body finding that the provision of low and moderate income housing outside the Project Area is of benefit to the Project; and WHEREAS, there is no land in the Project Area which is suitable for low and moderate income housing, all such land in the Project Area being designated in the Azusa General Plan for commercial use. NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE AZUSA REDEVELOPMENT AGENCY AS FOLLOWS: SECTION 1. Pursuant to Section 33334.2(g) of Community Redevelopment Law, the Agency hereby finds that the provision of low and moderate income housing outside the Ranch Center Redevelopment Project will be of benefit to the Project. A1312 ROVED AND ADOPTED this 19th day of June,1989. 4Chvn, Azusa Redevelopment Agency AWEST: Secretary, U ) Azusa Redevelopment Agency I hereby certify that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of Azusa at a regular meeting thereof, held on the 19th day of June 1989, by the following vote of the Agency: AYES: DIRECTORS: AVILA, STEMRICH, NARANJO, LATTA, MOSES NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE Agency RESOLUTION NO. 583 A RESOLUTION OF THE AZUSA REDEVELOPMENT AGENCY FINDING THAT THE PROVISION OF LOW AND MODERATE INCOME HOUSING OUTSIDE THE RANCH CENTER REDEVELOPMENT PROJECT WILL BE OF BENEFIT TO THE RANCH CENTER REDEVELOPMEN'I'PROJN:CT WHEREAS, the Azusa Redevelopment Agency (the "Agency") has undertaken the formation of the Ranch Center Redevelopment Project; and WHEREAS, in accordance with. Section 33334.2(a) of Community Redevelopment Law, not less than twenty percent (20%) of all taxes which are allocated to the Agency shall be used for the purposes of increasing and improving the community's supply of low and moderate income housing; and WHEREAS, Section 33334.2(g) of Community Redevelopment Law provides that the Agency may use such funds outside the Project Area upon adoption of a resolution by the Agency and by the legislative body finding that the provision of low and moderate income housing outside the Project Area is of benefit to the Project; and WHEREAS, there is no land in the Project Area which is suitable for low and moderate income housing, all such land in the Project Area being designated in the Azusa General Plan for commercial use. NOW, THEREFORE, 11' IS HEREBY RESOLVED BY THE AZUSA REDEVELOPMENT AGENCY AS FOLLOWS: SECTION 1. Pursuant to Section 33334.2(g) of Community Redevelopment Law, the Agency hereby finds that the provision of low and moderate income housing outside the Ranch Center Redevelopment Project will be of benefit to the Project. i 0 APPROVED AND ADOPTED this 19th day of June,1989. Ch ' man, Azusa Redevelopment Agency ArrEs,r: Secretary, Azusa Redevelopment Agency I hereby certify that the foregoing resolution was duly adopted by the Redevelopment Agency of the City of Azusa at a regular meeting thereof, held on the 19th day of June 1989, by the following vote of the Agency: AYES: DIRECTORS: AVILA, STEMRICH, NARANJO, LATTA, MOSES NOES: DIRECTORS: NONE ABSENT: DIRECTORS: NONE Agency