HomeMy WebLinkAboutResolution No. 04-R210 0
RESOLUTION NO. 04-1121
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 2004/05; 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 2004/05: 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.
Section 3. The Agency Secretary shall certify the adoption of this Resolution.
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PASSED AND ADOPTED this 2"d day of August, 2004.
�-SAkA
Chairman Pro -tem
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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 2nd day of August, 2004.
AYES: BOARD MEMBERS: HARDISON, STANFORD, CHAGNON, ROCHA,
MADRID
NOES:
BOARD MEMBERS:
NONE
ABSTAIN:
BOARD MEMBERS:
NONE
ABSENT:
BOARD MEMBERS:
NONE
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EXHIBIT A
LOW/NIOD HOUSING PROJECTS
Fiscal Year 2004/05
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.
Neighborhood Improvement Program -- Ajoint 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.
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.
Redevelopment Housing Projects -- Assist four development projects which include loft housing
and single family housing; acquire three blighted properties occupied by low income residents and
prepare relocation/replacement plans as necessary.
Miscellaneous -- Pursue acquisition/rehabilitation of blighted apartments, and construction of new
low/mod housing units on scattered sites.