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HomeMy WebLinkAboutResolution 2005-061 RESOLUTION NO. 2005-061 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ATASCADERO, CALIFORNIA,FINDING THAT THE USE OF REDEVELOPMENT AGENCY HOUSING FUNDS TO ASSIST THE DEVELOPMENT OF AN AFFORDABLE SENIOR HOUSING PROJECT WITHIN THE CITY IS OF BENEFIT TO THE REDE VELOMENT PROJECT AREA WHEREAS, pursuant to the Community Redevelopment Law of the State of California (Redevelopment Law), the City of Atascadero (City) has adopted a Redevelopment Plan for the Redevelopment Project Area administered by the Atascadero Community Redevelopment Agency(Agency); and, WHEREAS, there is a well documented need for more affordable housing within the City of Atascadero; and, WHEREAS, the San Luis Obispo Housing Corporation has requested development fee assistance from the Atascadero Community Redevelopment Agency for The Senior Hotel project located at 9705 EI Camino Real, Atascadero, in the amount of$142,918.00 to improve the project's quality and make the project economically feasible; and, WHEREAS, Health and Safety Code Section 33334.6 (a) states in pertinent part that "[t]he Legislature finds and declares that the provision of housing is itself a fundamental purpose of the Community Redevelopment Law and that a generally inadequate statewide supply of decent, safe, and sanitary housing affordable to persons and families of low or moderate income . . . threatens the accomplishment of the primary purposes of the Community Redevelopment Law . . . The Legislature further finds, and declares that the provision and improvement of affordable housing, as provided by Section 33334.2, outside of the redevelopment project areas can be of direct benefit to those projects in assisting the accomplishment of project objectives whether or not those redevelopment projects provide for housing within the project area."; and, WHEREAS, Health and Safety Code Section 33334.16(g)(1) provides that the Agency may use low/mod housing funds "inside or outside the project area" subject to a "resolution of the agency and the legislative body that the use will be of benefit to the project [area] and that "[t]he determination by the agency and the legislative body shall be final and conclusive as to the issue of benefit to the project area:' and, WHEREAS, in consideration of the Agency's contribution, the San Luis Obispo Non-Profit Housing Corporation must enter into an Indemnification Agreement with Agency indemnifying Agency and City; and, WHEREAS, the City Council has duly considered the impact of assisting The Senior Hote> project to the Project Area, and trust that using Agency housing funds for this purpose is -1 benefit to the Project Area by increasing the low and moderate income affordable housing stoe.;;: within the City of Atascadero consistent with the intent of the California Legislature. City of Atascadero Resolution 2005-061 Page 2 of 2 VOW. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Atascadero as follows: 1. The City Council finds and determines, based on information and belief, that the use of Agency housing funds to assist The Senior Hotel project is of benefit to the Project Area. 2. This Resolution will take effect upon adoption. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Atascadero, California, held on this 12th day of July, 2005. CITY OF ATASCADERO� By: Wen y/Scalise, ayor ATTEST: By: Marcia McClure Torgerson, C.M.C. ' City Clerk APPROVED TO FOR, By: t Patr. right City Attorney