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HomeMy WebLinkAboutRDA Reso 2009-2013RDA RESOLUTION NO. 2009-2013 RESOLUTION OF THE CHULA VISTA REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA (A) ACCEPTING 2008/2009 FISCAL YEAR END FINANCIAL REPORTS; AND (B) FINDING THAT PLANNING AND ADMINISTRATIVE COSTS CHARGED TO THE HOUSING FUND IN FISCAL YEAR 2008/2009 WERE NECESSARY FOR THE PRODUCTION, IMPROVEMENT, OR PRESERVATION OF LOW AND MODERATE INCOME HOUSING WHEREAS, California State Health and Safety Code Section 33080.1 requires to redevelopment agencies to prepaze an Annual Report for consideration by its Boazd; and WHEREAS, the report must include the an independent financial audit report and opinion regazding the Agency's compliance with applicable regulations; the Report of Financial Transactions of Community Redevelopment Agencies (State Controller's Report); and the State Department of Housing and Community Development Schedules A-E; and WHEREAS, California State Health and Safety Code Section 33334.3(d) and (e) authorize agencies to chazge costs of planning and administering affordable housing programs to their Low and Moderate Income Housing Fund (Housing Fund); and WHEREAS, California State Health and Safety Code Section 33334.3(d) requires agencies to determine annually that the planning and administrative expenses paid by the Housing Fund are necessary for the production, improvement or preservation of low and moderate income housing; and WHEREAS, City staff that work on Housing programs and projects track their time in a Project Accounting system, and only costs attributable to the Housing Fund have been included for reimbursement. NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency of the City of Chula Vista does hereby declare as follows: (A) Fiscal Year 2008/2009 Year End Financial Reports aze accepted as presented; and (B) Housing Fund expenditures for planning and administration are necessary for the production, improvement or preservation of low and moderate income housing. RDA Resolution No. 2009-2013 Page 2 Presented by Deputy Cit~i Manager/ Director of Develouma Services Approved as to form by PASSED, APPROVED, and ADOPTED by the Redevelopment Agency of the City of Chula Vista, California, this 15th day of December 2009, by the following vote: AYES: Agency Members: Bensoussan, Castaneda, Ramirez, Thompson and Cox NAYS: Agency Members: None ABSENT: Agency Members: None Cheryl Cox, ai erson ATTEST: nE ' ockett, Secretary STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Eric Crockett, Secretary of the Chula Vista Redevelopment Agency, do hereby certify that the foregoing RDA Resolution No. 2009-2013 was duly passed, approved, and adopted by the Redevelopment Agency at a regular meeting held on the 15th day of December 2009. Executed this 15th day of December 2009. ~~ /~~:~- Eric Crockett, Secretary