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HomeMy WebLinkAboutRDA Reso 2006-1942 e e e RDA RESOLUTION NO. 2006-1942 (HOUSING AUTHORITY RESOLUTION NO HA 2006-029) JOINT RESOLUTION OF THE REDEVELOPMENT AGENCY AND HOUSING AUTHORITY OF THE CITY OF CHULA VISTA ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE SOUTHWEST/TOWNE CENTER II/OTAY VALLEY/ADDED AREA PROJECT AREA FOR FISCAL YEAR 2007, AND APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2007 WHEREAS, the Redevelopment Agency and Housing Authority of the City of Chula Vista received and considered the City Manager's proposed Operating and Capital Improvement Budgets for the Redevelopment Agency for the Fiscal Year ending June 30, 2007; and WHEREAS, a work session was held to consider and deliberate on the recommendations contained in those initial documents; and WHEREAS, Housing Fund expenditures for planning an administration are necessary for the production, improvement, or preservation of affordable housing; and WHEREAS, the budgets submitted for adoption represent the City Manager's initial spending plan as amended to reflect changes adopted by the Redevelopment Agency and Housing Authority since the proposed budget was printed, as well as various additional staff recommendations; and WHEREAS, a public hearing on the budgets was noticed and held as required by law, and all public testimony was received and considered. NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency and the Housing Authority of the City of Chula Vista do hereby adopt the Operating and Capital Improvement Budgets for the Southwest/Towne Center II/Otay Valley Project Area for Fiscal Year 2007 BE IT FURTHER RESOLVED that the Redevelopment Agency and Housing Authority of the City of Chula Vista approves the appropriation of funds for the Southwest/Towne Center II/Otay Valley Project Area for the Fiscal Year ending June 30, 2007, as specified in Attachment A of City Council Resolution No. 2006-198, which adopted the City ofChula Vista's Operating and Capital Improvement Budgets for Fiscal Year 2007 Presented by Approved as to form by ~~~ ~\\~\l Ann Moore General Counsel Edward Van Eenoo Budget and Analysis Director RDA Resolution No. 2006-1942 Page 2 PASSED, APPROVED, and ADOPTED by the Redevelopment Agency and the Housing ___ Authority of the City of Chula Vista, California, this 20th day of June 2006, by the following vote: A YES Agency/Authority members: Castaneda, Chavez, and Padilla NAYS Agency/Authority members: None ABSENT Agency/Authority members: None ABSTAIN: Agency/Authority members: McCann, Rindone /&;pB>>- ATTEST' >>~~-L/ Dana M. Smith, Secretary ---, STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA ) ) ) I, Dana M. Smith, Secretary of the Redevelopment Agency of the City of Chula Vista, California, do hereby certify that the foregoing Redevelopment Agency Resolution No. 2006- 1942/Housing Authority Resolution No. 2006-029 was duly passed, approved, and adopted by the Redevelopment Agency and Housing Authority at a regular meeting held on the 20th day of June 2006. Executed this 20th day of June 2006. c;tk,- tt( _ ~ / Dana M. Smith, Secretary ---.