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HomeMy WebLinkAbout1985-082 .. 1,010-34/0354S/jvz 02/12/85 RESOLUTION NO. 85-82 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, SETTING A JOINT PUBLIC HEARING WITH THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO IN CONNECTION WITH THE REVIEW AND CONSIDERATION OF A CERTAIN 1984 YEAREND REPORT OF THE CITY OF SAN BERNARDINO, CALIFORNIA AND THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO REGARDING HOUSING DEVELOPMENT AND LOW-INCOME HOUSING ASSISTANCE POLICIES WHEREAS, the City of San Bernardino, California (the "City") has previously submitted an application to the Mortgage Bond Allocation Committee for an allocation for the issuance by the City or the Redevelopment Agency of the City of San Bernardino (the "Agency") of qualified mortgage bonds during calendar year 1985; and WHEREAS, the Tax Reform Act of 1984 amends Section 103A of the Internal Revenue Code of 1954, as amended (the "Code"), and Code Section 103A(j )(5) (B) requires the preparation and consideration of a report which shall include a statement of policies with respect to housing, development and low-income housing assistance to be followed by the City and the Agency in issuing qualified mortgage bonds and certain other matters (the "Report"); and WHEREAS, Code Section ID3A( j) (5 )(A) requires that the City . and the Agency submit a copy of the Report to the United States Secretary of the Treasury on or before the last day of the year preceding the year in which qualified mortgage bonds are issued; and - 1 - WHEREAS, the Ci ty Staf f and the Staff of the Agency have previously prepared a certain report, dated as of December 17, 1984, entitled: "1984 Housing Policies Report of the City of San Bernardino and the Redevelopment Agency of the City of San Bernardino and WHEREAS, on December 11, 1984, the United States Treasury Department published its T.D. 7995, temporary regulations on information reporting for qualified mortgage bonds and the preparation of the Report (the "Temporary Regulations") in the Federal Reqister; and WHEREAS, the Temporary Regulations contain certain provisions pertaining to the information which must be included in the Report and the applicable procedures for the consideration and approval of the Report by the City and the Agency, including the requirement that the final form of the Report be published following a public hearing thereon and that a copy of said Report be submitted to the United States Secretary of the Treasury on or before March 11, 1985; and WHEREAS, the City Staff and the Staff of the Agency have submi tted to the City Clerk a copy of the Report, as prepared in accordance with the Temporary Regulations in draft form and based upon a revision of that certain report dated as of December 17, 1984, as referenced in the recitals above; and - 2 - WHEREAS, the City may consent to hold a joint public hearing with the Commission for the review and consideration of the Report; and WHEREAS, it is appropriate at this time for the City and the Community Development Commission of the City of San Bernardino (the "Commission") to schedule a joint public hearing for the review and consideration of the Report in accordance with Code Section 103A(j)(5) and the Temporary Regulations. NOW, THEREFORE, THE MAYOR AND COMMON CALIFORNIA, AS FOLLOWS: BE IT RESOLVED, DETERMINED AND ORDERED BY COUNCIL OF THE CITY OF SAN BERNARDINO, Section 1. The Mayor and Common Council (the "City Counc i 1") hereby accepts for review the Report as prepared by the City Staff and the Staff of the Agency in draft form and as on file with the City Clerk. Section 2. The City Council consent to hold a joint public hearing with the Commission. Section 3. The City Staff and the Staff of the Agency are hereby authorized and directed to make appropriate preparations for the review of the Report by the City Council in accordance with Section 103A( j)( 5 )(B) of the Code and the Temporary Regulations at the joint public hearing as ordered and called in Section 4 of this Resolution. - 3 - Section 4. The City Council hereby orders and calls a joint public hearing for the review and consideration of the Report to be held as follows: Time: Date: Place: ll:DD A.M. March~, 1985 City Council Chambers City Hall, City of San Bernardino 30D North "D" Street San Bernardino, California 92418 Section 5. The City Counc il hereby ratifies and approves the publication by the City Clerk and the Agency Secretary of the notice setting said public hearing as attached hereto as Exhibit "A" and incorporated herein by this reference. Section 6, This Resolution shall take effect upon adoption. - 4 - I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Conunon Council of the City of San Bernardino at a re\1ular meeting thereof, held on the 18th day of Februarv , 1985, by the following vote, to wit: AYES: Councilmembers Reil1v. Marks. Quiel, Frazier, Strickler NAYS: Councilmembers None ABSENT: Counci1members Council Members Castaneda. Hernandez ~m/~~ City erk ' The foregoing resolution is hereby approved this of February , 1985. Approved as to form: ~~/wo~ City ttorney - 5 - EXHIBIT "A" NOTICE OF A JOINT PUBLIC HEARING OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, AND THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO REGARDING THE REVIEW AND CONSIDERATION OF A REPORT OF THE CITY OF SAN BERNARDINO AND THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO DATED NOVEMBER 30, 1984, WITH RESPECT TO HOUSING DEVELOPMENT AND HOUSING ASSISTANCE POLICIES NOTICE IS HEREBY GIVEN that the Mayor and Common Council of the City of San Bernardino, California, and the Community Development Commission of the City of San Bernardino shall conduct a joint public hearing for all interested persons in connection with the review and consideration of a certain report which includes a statement of policies with respect to housing, development and low-income housing assistance, and the intent of the City of San Bernardino, California. and the Redevelopment Agency of the City of San Bernardino to issue qualified mortgage bonds, mortgage credit certificates and certain other matters to assist lower income families to afford home ownership within the City of San Bernardino. A draft of said report has been prepared by the City Staff and the Staff of the Redevelopment Agency of the City of San Bernardino in accordance with Section 103A(j)(5) of the Internal Revenue Code of 1954, as amended, and Treasury Regulations Section Ga. ID3A-2(1) and is available for public review and comment. A copy of said draft of the report may be obtained by any interested person from either the City Clerk of the City of San Bernardino, 300 North "D" Street, San Bernardino. California 92418 (714) 383-5002, during regular business hours or from the - 1 - Secretary of the Redevelopment Agency of the City of San Bernardino, 300 North liD II Street, San Bernardino, California 92418, (714) 383-5081, during regular business hours. Said joint public hearing shall be conducted by the Mayor and Common Council of the City of San Bernardino, California and the Communi ty Development Commission of the City of San Bernardino as follows: Time: Date: Place: 11:00 A.M. March 4, 1985 City Council Chambers City Hall, City of San Bernardino 300 North "D" Street San Bernardino, California 92418 Said public hearing shall be conducte.d in accordance with Section 103A of the Internal Revenue Code of 1954, as amended. Any interested person may submit any written comments regarding the draft of said report either to the City Clerk or the Agency Secretary at the above-referenced addresses prior to said public hearing, or such interested person may submit any written or oral comments regarding the draft of said report directly to the Mayor and Common Councilor the Community Development Commission at the time, place and date of the public hearing on said report. - 2 - THIS NOTICE IS HEREBY GIVEN this day of 1985. (SEAL) (SEAL) City Clerk of the City of San Bernardino, California Secretary of the San Bernardino Redevelopment Agency of the City of San Bernardino To Be Published in The Sun: 2/15/85 and 2/18/85 - 3 -