HomeMy WebLinkAbout1990-242
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RESOLUTION NO. 90-242
A RESOLUTION OF THE MAYOR AND COMMON
COUNCIL OF THE CITY OF SAN BERNARDINO
FINDING THAT THE USE OF TAXES ALLOCATED
FROM THE MT. VERNON CORRIDOR REDEVELOPMENT
PROJECT FOR THE PURPOSE OF IMPROVING AND
INCREASING THE COMMUNITY'S SUPPLY OF LOW
AND MODERATE INCOME HOUSING OUTSIDE THE
PROJECT AREA WILL BE OF BENEFIT TO THE
PROJECT
WHEREAS, the Community Development Commission of the City
of San Bernardino (the "Community Development Commission") has
prepared a proposed Redevelopment Plan for the Mt. Vernon
Corridor (the .Project Area") Redevelopment Project (the
"Project") which would result in the allocation of taxes from
the Project Area to the Community Development Commission for
the purposes of redevelopment; and
WHEREAS, Section 33334.2 of the California Community
Redevelopment Law (Health and Safety Code Section 33000 et
~.) requires that not less than twenty percent (20%) of all
taxes so allocated be used by the Community Development
Commission for the purpose of improving and increasing the
community's supply of low and moderate income housing available
at affordable housing cost; and
WHEREAS, Section 33334.2(g) of the Health and Safety Code
provides that Development Commission may use such funds outside
the Project Area if a finding is made by resolution of the
Community Development Commission and the Mayor and Common
Council of the City of San Bernardino that such use will be of
benefit to the Project;
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Common
Council of the City of San Bernardino as follows:
SECTION 1: The Mayor and Common Council hereby find
that the use of taxes allocated from the Mt. Vernon Corridor
Redevelopment Project for the purpose of improving. and
increasing the community's supply of low and moderate income
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housing available at affordable cost outside the Project Area
and within the city of San Bernardino will be of benefit to the
Project.
ADOPTED this ,;l.iA)~ day of June, 1990.
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ATTEST:
PA-W~(~~
~;'Clerk o~ the City of
San Bernardino .
I hereby certify
regularly adopted by
of San Bernardino at
18th day of June
that the foregoing Resolution was duly and
the Mayor and Common Council of the City
a reqularmeeting thereof held on the
, 1990.
AYES:
COUNCIL MEMBERS: Estrada. Reillv. Flores.
Maudslev. Minor. ~iller
NOES:
None
ABSENT:
None
ABSTAIN:
~nlln(:i 1 MpmhAr Pnrp-T.llr11.-1rr1
~g/d?/~ .
CIty Clerk of the City of San
Bernardino
Approved as to form and
legal content:
JAMES F. PENt.IAN
City Attorney
By:
04119/90
8184n/2601/011/39(d)
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