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HomeMy WebLinkAbout1990-186 . SBEOOOOI-364/3592S/dc 04/30/90 0500 RESOLUTION NO. 90-186 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, MAKING FINDINGS AND DETERMINATIONS AS TO THE BENEFIT OF ASSISTING IN THE DEVELOPMENT OF A LOW- AND MODERATE-INCOME MULTIFAMILY HOUSING PROJECT (SHADOW HILLS PROJECT) WHEREAS, the City of San Bernardino, California (the "Ci ty"), is a municipal corporation and a charter city duly created and existing pursuant to the Constitution and the laws of the State of California; and WHEREAS, the Community Development Commission of the City of San Bernardino (the "Commission") on behalf of the Redevelopment Agency of the City of San Bernardino (the "Agency"), is a redevelopment agency, a public body, corporate and pOlitic of the State of California, organized and existing pursuant to the Community Redevelopment Law (Part I of Division 24) commencing with Section 33000) of the Health and Safety Code of the State of California (the "Act"); and WHEREAS, the City and the Agency have previously approved and adopted the Redevelopment Plan for the State College Redevelopment Project (the "Redevelopment Plan"); and WHEREAS, the Agency may, in furtherance of its redevelopment purposes, undertake redevelopment projects and may use - I - revenues allocated to its low- and moderate-income housing fund in accordance with Health and Safety Code Section 33334.2, et ~., either within or without a redevelopment project area of the Agency to the extent that it determines that the use of such revenues are of benefit to the project area of the Agency; and WHEREAS, the City deems it desirable to assist in financing of the development of a low- and moderate-income multifamily housing project known as the Shadow Hills Project (the "Housing Project") which Housing Project is located in proximity to the boundaries of the project area subject to the Redevelopment Plan (the "State College Project Area"); and WHEREAS, the Housing Project will result in the construction of approximately two hundred eighty-eight (288) new multifamily residential dwelling units for low- and moderate-income families and it is in the interests of the City and the Agency that the Agency causes the undertaking of the Housing Project in order to improve and increase the community's supply of low- and moderate-income housing; and WHEREAS, the Housing Project is located in proximity to the State College Project Area and accordingly will provide a residential base to persons employed or engaged in business in the State College Project Area which will make the State College Project Area more desirable for development; and - 2 - WHEREAS, the undertaking of the Housing Project will also promote the development of other redevelopment proj ect areas wi thin the City which project areas include: the Meadowbrook-Central City Project Area, Central City North Project Area, Central City East Project Area, Central City South Project Area, Central City West Project Area, Tri-Cities Project Area, Southeast Industrial Park Redevelopment Project Area, South Valle Project Area, Northwest Project Area and the Uptown Project Area, to the extent that it wi 11 also provide a residential base to low- and moderate-income families who are employed or engaged in business within such other project areas of the Agency which in turn will make such project areas more desirable for industrial and commercial development; and WHEREAS, in order to promote the City's health, safety and welfare and ensure the orderly development of the State College Project Area and the Agency's various other project areas, it is important that the Housing Project be assisted with Agency financing; and WHEREAS, it is appropriate at this time for the Mayor and Common Council of the City (the "Council") to make certain findings and determinations and take certain action with respect to the financing of the Housing Project. - 3 - NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, DO HEREBY FIND, RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. The Recitals hereinabove are correct and are incorporated herein by this reference. true and Section 2. The Council consents to the payment by the Agency of certain costs in connection with the financing of the Housing Project in order to implement the Redevelopment Plan and other redevelopment plans of the Agency for the reasons set forth in the Recitals hereinabove. The Council further finds and determines that no other reasonable means of financing the Housing Project is presently available to the City or the Agency and that the City and the Agency require the use of low- and moderate-income tax increment revenues generated from the State College Project Area and other project areas of the Agency in order to assist in the funding of the Housing Project. Section 3. The undertaking of the Housing proj ect wi 11 allow the Agency to promote redevelopment within the State College Project Area and other project areas of the Agency by providing a residential base to low- and moderate-income households and families who may be employed or engaged in business within the State College Project Area and other project areas which in turn will help stimulate development of such project areas and their immediate neighborhoods and thereby eliminate blighting conditions. - 4 - , Section 4. The City Clerk is hereby authorized and directed to cause this Resolution to be transmitted to the Agency for appropriate action by that body. Section 5. date of its adoption. This Resolution shall take effect upon the - 5 - RESO. RE: TO THE BENEFIT OF ASSISTING IN THE DEV. OF A LOW-AND MODERATE- . ' INCOME MULTIFAMILY HOUSING PROJECT (SHADOW HILLS PROJECT) . I HEREBY CERTIFY adopted by the Mayor San Bernardino at a held on the 21st day the following vote, to wit: that the foregoing and Common Council reqular of resolution of the meeting AYES: Council Members May was duly Ci ty of thereof, 1990, by Reillv. Maudslev. Minor. Pope-Ludlam. Miller NAYS: ABSENT: day of The foregoing resolution is May , 1990. Approved as to form and legal content: JAMES F. PENMAN City Attorney By: /L,~~ Attorney - 6 - Council Member Flores Nnnp- .h4;;~1/'/ city Clerk hereby approved this :t.:<.It{ ) / --~