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.
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Eric Crockett, Secretary