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HomeMy WebLinkAboutReso 1990-15945 RESOLUTION NO. 15945 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA FINDING THAT THE USE OF TAXES ALLOCATED FROM THE SOUTHWEST REDEVELOPMENT PROJECT AREA FOR THE PURPOSE OF HOUSING OUTSIDE OF THE PROJECT AREA WILL BE BENEFIT TO THE PROJECT THE CITY COUNCIL OF THE CITY OF CHULA VISTA RESOLVES AS FOLLOWS: WHEREAS, the City Council of the City of Chula Vista (the City) has prepared a proposed Redevelopment Plan for the Southwest Redevelopment Project (the Project) and Project Area, (the Project Area) which would result in the allocation of taxes from the Project Area to the Agency for the purposes of redevelopmerit; and WHEREAS, Section 33334.2 of the California Community Redevelopment Law (Health and Safety Code Sections 33000 et. se .) requires that not less than twenty percent (20%) of all taxes so ~J be used by the Agency for improving and increasing the City's supply of 1 ow and moderate income housing; and WHEREAS, Section 33334.2(g) of the California Community Redevelopmerit Law provides that the Agency must use such funds outside of the Project Area if a findin is made by resolution of the Agency and the City Council of the City of Chu~a Vista that such use will be of benefit to the Project Area before the Redevelopment Plan is adopted. NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF CHULA VISTA AS FOLLOWS: SECTION 1. That the use of taxes allocated from the Project Area for the purpose of improving and increasing the community's supply of low and moderate income housing available at affordable housing costs outside the Project Area and within the City of Chula Vista will be of benefit to the Project. Notwithstanding the foregoing, preference should be given to using the 20% housing set aside monies to improve and increase the supply of low and moderate income housing available within the project area if possible. Priority will be given to projects within the Southwest Redevelopment Project Area. Presented by /~pp~o~m~~r~~ Jo ~. Goss ~ ~ ....... ruce Boogard C"D~yManager ~ity Attorney Resolution No. 15945 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 13th day of November, 1990 by the following vote: AYES: Councilmembers: McCandliss, Moore, Cox NOES: Councilmembers: None ABSENT: Councilmembers: Malcolm, Nader ABSTAIN: Councilmembers: None ~reg~r~Cox, Mayor ATTEST: Beverly A~AutGel et, City C1 erk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 15945 was duly passed, approved, and adopted by the City Council of the City of Chula Vista, California, at a regular meeting of said City Council held on the 13th day of November, 1990. Executed this 13th day of November, 1990. Beverly ~.Au ie~let, City Clerk