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HomeMy WebLinkAbout1990-5239 ,F',y,~ RESOLUTION NO. 5239 ~ A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA, ADOPTING A HOUSING FUND DEFICIT PLAN AND MAKING CERTAIN FINDINGS RELATING THERETO WHEREAS, the Redevelopment Plan for the Central City East Redevelopment Project (the "Redevelopment Plan") was adopted prior to January 1, 1977; and WHEREAS, under Health & Safety Code Section 33334.6, the Commission must annually deposit twenty percent (20%) of the taxes generated from the Redevelopment Plan project area and allocated to the Commission pursuant to Section 33670 into a low and moderate income housing fund (the "Housing Fund") established pursuant to Section 33334.3; and WHEREAS, the accompanying staff report evidences that there is a deficit in the Housing Fund resulting from the imposition of the twenty percent (20%) set aside requirement imposed by Section 33334.6; and """""'" WHEREAS, Section 33334.6(g) permits the Commission to adopt a plan (the "Housing Fund Deficit Plan") which would eliminate the deficit as well as enable the Commission to meet all existing obligations and programs under the Redevelopment Plan. '"0'_''' NOW THEREFOR, the Community Development Commission of the City of San Bernardino does hereby resolve as follows: Section 1. The Commission finds and determines that there is a deficit in the Housing Fund. Section 2. The Housing Fund Deficit Plan for the Central City East Redevelopment Project as presented by staff is adequate, necessary and in the vital interest of the City of San Bernardino in order to accomplish the original goals and directions of the redevelopment plan and to increase, improve and preserve the community's supply of low- and moderate-income housing available at affordable housing cost to persons or families of very low, low and moderate income. Section 3. The Housing Fund Deficit Plan, attached hereto and incorporated herein by this reference, is hereby approved and adopted. '\%'> ,t. ,. t"'-:"Y"'" I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Community Development Commission of the City of San Bernardino at an adjourned regular meeting held on the 19th day of March ,1990, by the following vote, to wit: "- AYES: Commission Member Esther Estrada, Jack Reilly, Jess Flores, Michael Maudsley, Valerie Pope-Ludlam, Norine Miller. NOES: NONE ABSENT: ' Tom Minor ABSTAIN : NONE ~1~ Secretary The foregoing Resolution is hereby approved March ,1990. of f Developme t City of San the Approved as to form and legal content: DENNIS A. BARLOW Senior Assistant City Attorney By: ~A ) / '- '- 02/23/90 8472n/2601/020 - 2 - .. , 1 9 90 . DATED: March 19 SEAL '-' .. AGENDA ITEM INFORMATION SUMMARY ,- Su~ GENERAL INFORMAnON: eel, Committee CommissionJCouncil ",--. Filing Oates Author Ext. MHling Oates Ward Project Area /J(~ Funding Requirements 4/~AJ- . Budget Authority RDA MANAGEMENT REVIEW: CLEARANCES: Date CITY DEPARTMENTAL REVIEW: ~ E2J EZJ o Date NlA k . !: '-t/J ~ o ~~~"C"'" 'rl" ~ 11; . -?- ') -' ,,) DDJ!fj(L/~J 3~7-P" ty AtIiOmey ~ City Administrator ~r~+ 3-7-90 Admnstrative Deputy ~ '3/7 ManagerlSupervisor Ves Date RDA Committee recommendation INFORMATIONAL DATA FORWARDED TO CITY DEPARTMENTS/COUNCIL OFFICES: Sent to By Date Mayor's Office Council Ward Council Ward Council Ward Council Ward Department Department COMMENTS/CONCERNS: Include penlnent comments and concerns of offices and persons clearing the summary, such as controversial Issues, time constraints and funding complications. Indicate dates when action must be taken. ~ RDA -174 REV. 6-29-89