HomeMy WebLinkAboutRA 2009-003RESOLUTION NO. RA 2009-003
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF ATASCADERO DETERMINING THAT THE
PLANNING AND ADMINISTRATION EXPENSES FUNDED IN FISCAL
YEARS 2009/2010 AND 2010/2011 BY THE LOW AND MODERATE
INCOME HOUSING FUND ARE NECESSARY FOR THE PRODUCTION,
IMPROVEMENT, AND/OR PRESERVATION OF AFFORDABLE
HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS
WHEREAS, on July 13, 1999, the City Council of the City of Atascadero adopted the
redevelopment plan for the Community Redevelopment Agency Project Area, and,
WHEREAS, pursuant to Section 33334.2(a) of the California Community
Redevelopment Law (Health and Safety Code Section 33000 et seq ) not less than 20% of all
taxes which are allocated to the Community Redevelopment Agency of the City of Atascadero
(Agency) shall be set aside by the Agency in a Low and Moderate Income Housing fund and
used by the Agency for the purpose of increasing, improving and preserving the community's
supply of low and moderate income housing available at affordable housing costs to people and
families of low and moderate income, and,
WHEREAS, Pursuant to Section 33334.3(d) of the California Community
ww Redevelopment Law (Health and Safety Code Section 33000 et seq ) it is the intent of the
California State Legislature that the amount of money spent for planning and general
administration from the Low and Moderate Income Housing fund not be disproportionate to the
amount actually spent for the cost of production.
NOW, THEREFORE BE IT RESOLVED, that the Community Redevelopment Agency
hereby determines
1 That it was necessary to allocate $42,040 of the $42,040 Low and Moderate Income
Housing Fund budget for planning and administrative expenses necessary for the
production, improvement, and/or preservation of low and moderate income housing
during the 2009/2010 fiscal year
2. That it was necessary to allocate $42,770 of the $42,770 Low and Moderate Income
Housing Fund budget for planning and administrative expenses necessary for the
production, improvement, and/or preservation of low and moderate income housing
during the 2010/2011 fiscal year
On motion by Board Member Clay, and seconded by Board Member Beraud, the foregoing
Resolution is hereby adopted following roll call vote
Community Redevelopment Agency of Atascadero
Resolution No. RA 2009-003
Page 2 of 2
AYES Board Members Beraud, Clay, Fonzi, Kelley and Chairperson O'Malley
NOES None
ABSENT None
ABSTAINED None
ADOPTED July 14, 2009
C Y DER
Tom O'Malley, Cha i rson
ATTEST
By
Marcia McClure Torgerson, C.M.0
Agency Secretary
APPROVE S TO FOR
By
Brian A. Pienk
Agency Counsel