HomeMy WebLinkAboutResolution No. 03-R21•RESOLUTION NO. 03-R21 •
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,
IMPROVEMENT 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 increase,
improve, and preserve low -to -moderate income housing and the Agency reasonably expects to continue such activity in accord
with the proposed budget for 2003/04; 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 SafetyCode, 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 2003/04: 20% 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.
The Agency Secretary shall certify the adoption of this Resolution.
8th day of July '2003.
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 8th day of July , 2003.
AYES: BOARDMEMBERS: HARDISON, STANFORD, CHAGNON, ROCHA, MADRID
NOES: BOARD MEMBERS: NONE
ABSTAIN: BOARD MEMBERS: NONE
ABSENT: BOARD -M ERS: NONE
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Secretary
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EXHIBIT A
LOWIMOD HOUSING PROJECTS
Fiscal Year 2003/04
Housing Rehabilitation/HOME 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 -Moderate Income Housing Monitoring Project — Monitor forty (40) 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. Update enforcement policies.
ROP4 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.
Neighborhood Improvement Zone Program --A joint City/Agency effort, this program targets low -to -moderate income
neighborhoods, providing beautification projects, infrastructure improvements, housing rehabilitation, public service and
education programs, and promotion of community cohesiveness.
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 Crestview Apartments
compliance, annual State Controller=s Report and financial statement, 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.
Housing Element -- Work in conjunction with City Planning staff to implement a functional Housing Element as part of the
overall General Plan Update, and endeavor to meet housing production and replacement obligations.
Miscellaneous -- Pursue acquisition/rehabilitation ofblighted apartments, and construction ofnew low/mod housing units on
scattered sites.