HomeMy WebLinkAboutResolution No. 00-R17• RESOLUTION NO. 00—R17 •
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY OF AZUSA REDEVELOPMENT AGENCY
MAKING A FINDING THAT THE PLANNING AND ADMINISTRATIVE EXPENSES TO BE FUNDED FROM
THE LOW AND MODERATE INCOME HOUSING FUND ARE NECESSARY FOR THE PRODUCTION,
1 MPROVEM ENT OR PRESERVATION OF THE COMMUNITY'S SUPPLY OF LOW AND MODERATE INCOME
HOUSING
WHEREAS, the Redevelopment Agency of the City of Azusa is authorized by Section 33334.3 of the Health and
Safety Code to use a portion of its low and moderate income housing funds to pay for planning and general administrative
costs which are directly related to the provision of housing assistance in accord with Section 33334.2 of the Health and Safety
Code; and
WHEREAS, the Agency has engaged in a number of projects consistent with said Section 33334.2 to either
rehabilitate or construct new low and moderate income housing and the Agency reasonably expects to continue such activity
in accord with the proposed budget for 2000-01; and
WHEREAS, the Agency expects to expend staff time and resources to carry out the projects and programs listed in
Exhibit A attached hereto; and
WHEREAS, Section 33334.3 requires the Agency to make an annual finding that the planning and administrative
expenses are reasonable given the expected level of activity for low and moderate income housing projects;
NOW THEREFORE BE IT RESOLVED by the Board of Directors of the Redevelopment Agency of the City of
Azusa
Section 1. Pursuant to the requirements of Section 33334.2 of the Health and Safety Code, the Board hereby
finds and determines that the reasonable allocation of Agency staff expenses directly related to the production, rehabilitation,
or preservation of low and moderate income housing in accord with Exhibit A attached is as follows:
For Fiscal Year 2000-01: 5% of Administrative Costs
Section 2. The Agency asserts that, in the event of substantial changes in project activity, it will reevaluate the
allocations and only assess the low and moderate income housing fund for that portion of administrative expenses which are
reasonably related to the purposes allowable under law.
Secretary shall certify the adoption of this Resolution.
this 10th day of July 2000.
I HEREBY CERTI FY that the foregoing Resolution was duly adopted by the Redevelopment Agency of the City of Azusa,
at a regular meeting thereof, held on the 10th day of July , 2000.
AYES: BOARD MEMBERS: HARDISON, STANFORD, ROCHA, BEEBE, MADRID
NOES: BOARD MEMBERS: N E
ABSTAIN,i BC ARIYMEMORS: *,*E
M
Secretary
• EXHIBIT A •
LOW/MOD HOUSING PROJECTS
Fiscal Year 2000-01
Housing Rehabilitation/HOM E Programs-- Oversee implementation of housing rehabilitation programs, including but not
limited to monitoring consultants, meeting with homeowners and contractors, processing demands for payment and preparing
compliance data.
Low-to-Modera(e Income Housing Monitoring Project -- Monitor forty-three (43) restricted low -to -moderate income
single family housing units; sixty-four (64) restricted low -to -moderate income rental units; twenty-three (23) restricted low
income rental units; and thirty (30) very low income senior rental units for continued compliance.
ROP -4 Housing Project -- Coordinate with architects, engineers, city staff, Azusa Unified School District, negotiate
development agreements, provide financial assistance, and oversee construction of a single family housing unit constructed
by ROP students.
Administration -- Track 20% set aside tax increment receipts, coordinate outstanding debt funded with low -to -moderate
income housing funds, prepare subordination agreements as necessary, annual CDIAC report for the Pacific Glen Apartments
compliance, and the annual HCD housing report.
Atlantis Gardens -- Include these low income apartment complexes in the Redevelopment Plan Amendment, contract with
consultant to update prior study, and pursue implementation plans to upgrade these units and the general area.
Miscellaneous -- Pursue acquisition/rehabilitation of blighted apartments, and construction of new low/ntod housing units
on scattered sites.
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