HomeMy WebLinkAbout1985-471
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SBEOOl-83(1,010-83)/1156S/cb
11108/85
RESOLUTION NO. 85-471
RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE
CITY OF SAN BERNARDINO, CALIFORNIA, ACCEPTING A
CERTAIN 1985 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 AND AUTHORIZING THE
PUBLICATION THEREOF
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 governmental uni ts in issuing qua li fied mortgage bonds
and certain other matters (the "Report"); and
WHEREAS, Code Section 103A(j)(5)(A) requires the City of
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San Bernardino, California (the "City"), and the Redevelopment
Agency of the City of San Bernardino (the "Agency") to 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
WHEREAS, Section 1.103A-2(1) of the Treasury Regulations
(the "Regulations") contains 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
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the Report be published or made available to the public following a
public hearing thereon and that a copy of said Report be submitted
and received by the United States Secretary of the Treasury on or
before December 31, 1985; and
WHEREAS, the City Staff and the Agency Staff have submitted
to the Agency Secretary a copy of the Report as prepared in
accordance with the Temporary Regulations; and
WHEREAS, the City Clerk has published notice setting a
pUblic hearing for the review and consideration of the Report by the
Ci ty in accordance with Code Section l03A( j) (5) and the Mayor and
Common Council of the City of San Bernardino, California (the "Mayor
and Common Council") has conducted said public hearing on
November 18, 1985; and
WHEREAS, it is appropriate at this time for the City
Council to consider the acceptance of the Report and authorize the
publication thereof in accordance with Code Section l03A(j) (5) and
the Regulations.
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 notice of the public hearing of the
Mayor and Common Council regarding the Report as required pursuant
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to Code Section 103A(j)(5)(B) and the Regulations has been duly
published as prescribed by said Section.
Section 2. The Mayor and Common Council has considered
all oral and written comments at the public hearing held on this
date for the consideration and receipt of the Report by the City.
Section 3. The Mayor and Common Council hereby approves
the Report and accepts the receipt thereof. A copy of the Report is
attached hereto as Exhibit "A" and incorporated herein by this
reference. The Mayor and Common Council hereby authorizes and
directs City Staff and Agency Staff to prepare a summary of the
public comments and testimony which have been received by the City
in connection with the preparation, review and approval of this
Report and to include such summary in the Report as shall be made
available to the public on or before December 20, 1985, by the City
Clerk and the Agency Secretary on behalf of the Mayor in accordance
with Section 5 of this Resolution.
Section 4. The Mayor and Common Council constitutes the
elected legislative body of the City and the Mayor of the City is
hereby designated by the Mayor and Common Council to serve as the
applicable elected representative of the City. The Mayor and Common
Council hereby requests the Mayor in cooperation with the Agency
Secretary and the City Clerk to cause the Report to be made
available for public inspection as required pursuant to Code
Section 103A(j)(5)(B) and the Regulations.
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Section 5.
The City Clerk, in cooperation with the
Agency Secretary on behalf of the Mayor of the City, is hereby
authorized and directed to cause the Report to be made availabe for
public inspection on or before December 20, 1985. The City Clerk in
cooperation with the Agency Secretary is further authorized and
directed to submit a true and correct copy of the Report to the
Secretary of the Uni ted States Department of the Treasury and to
verify that said Report has been received by the Secretary on or
before December 20, 1985.
Section 6.
This Resolution shall take effect
upon
adoption.
I HEREBY
adopted by the
San Bernardino at
held on the 18th
the fOllowing vote, to
CERTIFY
Mayor
a
that
and
the foregoing
Common Counci 1
resolution
of the
meeting
was duly
Ci ty of
thereof,
1985, by
rp.gnlRr
day of
wit:
NnVAmhPT
AYES:
Council Members
Estrada Reilly Marks
Ollie' Frn7.iAr ~+r;~klp.r
NAYS:
None
ABSENT:
None ABSTAIN- ~nllnr.ilm;:\n HArnRnnez
A./7.//?3?~$1//
Ci ty Clerk
day of
The foregoing
November
resolution is
, 1985.
hereby approved this ~
g,~-:.~o/
San Bernardino
Approved as to form:
~#Ih~v
City Attorney
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EXHIBIT "A"
1985 YEAREND REPORT OF THE CITY OF
SAN BERNARDINO, CALIFORNIA, AND THE REDEVELOPMENT
AGENCY OF THE CITY OF SAN BERNARDINO
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