HomeMy WebLinkAboutCDC/2010-37
1
2
3
4
5
6
7
RESOLUTION NO. CDC/2010-37
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING THE
ECONOMIC DEVELOPMENT AGENCY'S ANALYSIS AND
DETERMINATION OF THE APPROPRIATENESS OF THE PLANNING
AND ADMINISTRATION EXPENDITURES OF THE LOW- AND
MODERATE-INCOME HOUSING FUND FOR THE FISCAL YEAR 2010-
2011 AGENCY BUDGET
WHEREAS, included in the Redevelopment Agency of the City of San Bernardino (the
8 "Agency") Fiscal Year 2010-2011 Budget is the amount of $29,672,800 representing anticipated
9 revenues and expenditures of the Low- and Moderate-Income Housing Fund, of which $1,591,800
10 has been allocated for the purpose of anticipated planning and administration expenditures; and
11
WHEREAS, Section 33334.3(d) of the Health and Safety Code requires that redevelopment
12 agencies annually determine that the planning and administrative expenditures of the Low- and
13 Moderate-Income Housing Fund are necessary for and not disproportionate to the costs of
14 production, improvement or the preservation of low- and moderate-income housing; and
15
WHEREAS, in compliance with Section 33334.3(d) of the Health and Safety Code, the
16 Agency has made annual calculations to determine that the planning and administrative expenditures
17 are proportionate to and necessary for the production, improvement or preservation of low- and
18 moderate-income housing; and
19
WHEREAS, the Agency's independent financial auditor's have previously reviewed such
20 annual calculations and determination of planning and administrative expenditures in relation to the
21 expenditures for production, improvement or preservation of low- and moderate-income housing
22 and have found the Agency to be in compliance with the Health and Safety Code provisions cited
23 above;and
24
WHEREAS, it has been determined for the fiscal year 2010-2011 that the anticipated
25 planning and administrative expenditures of the Low- and Moderate-Income Housing Fund in the
26 amount of $1,591,800 represent 5.36% of the total budget of $29,672,800, are necessary to
27 implement the required housing programs, and that $28,081,000 or 94.64%of the total budget is
28
1
P:\Agendas\Resolutions\Resolutions\20 1 0\06-30-10 EDA Budget Adoption - Low Mod Admin. FY 10-11 CDC Reso I.doc
CDC/2010-37
1 anticipated to be spent directly for the production, improvement or preservation of low- and
2 moderate-income housing, as outlined in the Staff Report; and
3 WHEREAS, Section 33334.3(d) of the Health and Safety Code requires the legislative body
4 to adopt the Agency's annual calculation and determination of the proportionality of planning and
5 administrative expenditures, as outlined in the Staff Report.
6 NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION OF THE
7 CITY OF SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER, AS
8 FOLLOWS:
9
Section 1.
The Community Development Commission of the City of San Bernardino
10 (the "Commission") hereby approves and adopts the Agency's annual calculation and determination
11 for the fiscal year 2010-2011 of the appropriate and necessary anticipated planning and
12 administration expenditures, as outlined in the Staff Report, in relationship to the anticipated
13 expenditures for the production, improvement or preservation of low- and moderate-income
14 housing. The Commission hereby finds and determines that said planning and administration
15 expenditures are reasonable.
16 Section 2.
17 //1
18 //1
19 1//
20 //1
21 1//
22 //1
23 //1
24 //1
25 //1
26 //1
27 //1
28 1//
This Resolution shall become effective immediately upon its adoption.
2
PlAgendaslResolutionslResolutions\201O\06-30-10 EDA Budget Adoption - Low Mod Admin. FY 10-11 CDC Reso I.doc
1
2
3
4
5
CDC/2010-37
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING THE
ECONOMIC DEVELOPMENT AGENCY'S ANAL YSIS AND
DETERMINATION OF THE APPROPRIATENESS OF THE PLANNING
AND ADMINISTRATION EXPENDITURES OF THE LOW- AND
MODERATE-INCOME HOUSING FUND FOR THE FISCAL YEAR 2010-
2011 AGENCY BUDGET
6 I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Community
regular
7 Development Commission of the City of San Bernardino at a joint adj ourned meeting
, 2010, by the following vote to wit:
8 thereof, held on the 30th day of June
Ayes
9 Commission Members:
10 MARQUEZ
11 DESJARDINS
12 BRINKER
13 SHORETT
14 KELLEY
15 JOHNSON
16 MC CAMMACK
17
18
Abstain
Absent
Nays
x
x
~
X
X
X
~
12['
~L .'k/
Secretary
19
20 The foregoing Resolution is hereby approved this 7 rJ1 day of
21
22
23
24
July
,2010.
atric J. Morris, C a. rson
o munity Development Commission
of the City of San Bernardino
25 Approved as to Form:
26
27 By:
28
V:~~t
Agency oun 1
3
P:\Agendas\Resolutions\Resolutions\2010\06-30-10 EDA Budget Adoption - Low Mod Admin. FY 10.11 CDC Reso Idoe