HomeMy WebLinkAboutResolution No. 864400 00
RESOLUTION NO. 8644
A RESOLUTION OF THE CITY COUNCIL OF THE CI'T'Y OF AZUSA
FINDING THAI" 1'HE PROVISION OF LOW AND MODERA'T'E INCOME
HOUSING OU'T'SIDE 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; and
WHEREAS, the Agency has adopted a resolution declaring that the use of such
funds outside the Project Area will be of benefit to the Project.
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NOW, THEREFORE, IT IS HEREBY RESOLVED 13Y THE CITY
COUNCIL OFTHE CITY OFAZUSA AS FOLLOWS:
SECTION 1. Pursuant to Section 33334.2(8) of Community Redevelopment
Law, the City Council hereby finds that the provision of low and moderate income
housing outside the Ranch Center Redevelopment Project will be of benefit to the
Project.
APPROVED AND ADOPTED this 19th day ofJune,1989,
may/or,
City of Azusa
ATTEST:
City Clerk,
City of Azusa
I hereby certify that the foregoing resolution was duly
adopted by the City of Azusa at a regular meeting thereof
held on the 19th day of June, 1989, by the following vote
of the City Council:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
AVILA STEMRICH, NARANJO, LATTA, MOSES
NONE
NONE _