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HomeMy WebLinkAbout1990-5248 SBEOOOOl-366/3594S/dc 04/30/90 0510 ''IC-'h>ilW' RESOLUTION NO. S?4R A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO MAKING FINDINGS AND DETERMINATIONS AS TO THE BENEFIT OF ASSISTING IN THE DEVELOPMENT OF A LOW- AND MODERATE-INCOME MULTIFAMILY HOUSING PROJECT (SHADOW HILLS PROJECT) WHEREAS, the City of San Bernardino, California (the "Ci ty"), is a municipal corporation and a charter city duly created and existing pursuant to the Constitution and the laws of the State of California; and WHEREAS, the Community Development Commission of the City of San Bernardino (the "Commission") on behalf of the Redevelopment Agency of the City of San Bernardino (the "Agency"), is a redevelopment agency, a public body, corporate and politic of the State of California, organized and existing pursuant to the Community Redevelopment Law (Part 1 of Division 24) commencing with Section 33000) of the Health and Safety Code of the State of California (the "Act"); and WHEREAS, the City and the Agency have previous ly approved and adopted the Redevelopment Plan for the State COllege Redevelopment Project (the "Redevelopment Plan"); and WHEREAS, the Agency may, in furtherance of its redevelopment purposes, undertake redevelopment projects and may use ........., - 1 - revenues allocated to its low- and moderate-income housing fund in accordance wi th Health and Safety Code Section 33334. 2, ~ ~., ~ either within or without a redevelopment project area of the Agency to the extent that it determines that the use of such revenues are of benefit to the project area of the Agency; and WHEREAS, the Agency deems it desirable to assist in financing of the development of a low- and moderate-income multifamily housing project known as the Shadow Hills Project (the "Housing Project") which Housing Project is located in proximity to the boundaries of the project area subject to the Redevelopment Plan (the "State College Project Area"); and WHEREAS, the Housing Project will result in the construction of approximately two hundred eighty-eight (288) new multifamily residential dwelling units for low- and moderate-income families and it is in the interests of the City and the Agency that the Agency causes the undertaking of the Housing Project in order to improve and increase the community's supply of low- and moderate-income housing; and WHEREAS, the Housing Project is located in proximity to the State COllege Project Area and accordingly will provide a residential base to persons employed or engaged in business in the State COllege Project Area which in turn will make the State College Project Area more desirable for development; and ........... - 2 - <,~.... ~!'i!i.~ ""--' WHEREAS, the undertaking of the Housing Project will also promote the development of other redevelopment project areas within the City which project areas include: the Meadowbrook-Central City Proj ect Area, Central City North Proj ect Area, Central City East Proj ect Area, Central City South Proj ect Area, Central City West Project Area, Tri-Cities Project Area, Southeast Industrial Park Redevelopment Project Area, South Valle Project Area, Northwest Project Area and the Uptown Project Area, to the extent that it will also provide a residential base to low- and moderate-income families who are employed or engaged in business wi thin such other proj ect areas of the Agency which in turn will make such project areas more desirable for industrial and commercial development; and WHEREAS, in order to promote the City's health, safety and welfare and ensure the orderly development of the State College Proj ect Area and the Agency's various other proj ect areas, it is important that the Housing Project be assisted with Agency financing; and WHEREAS, it is appropriate at this time for the Mayor and Common Council of the City (the "Council") and the Commission to make certain findings and determinations and take certain action with respect to the financing of the Housing Project. - 3 - NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION ACTING ON BEHALF OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. The Recitals hereinabove are correct and are incorporated herein by this reference. true and Section 2. The Commission consents to the payment by the Agency of certain costs in connection with the financing of the Housing Project in order to implement the Redevelopment Plan and other redevelopment plans of the Agency for the reasons set forth in the Recitals hereinabove. The Commission further finds and determines that no other reasonable means of financing the Housing Project is presently available to the City or the Agency and that the City and the Agency require the use of low- and moderate-income tax increment revenues generated from the State College Project Area and other project areas of the Agency in order to assist in the funding of the Housing Project. Section 3. The undertaking of the Housing Project will allow the Agency to promote redevelopment within the State College Proj ect Area and other proj ect areas of the Agency by providing a residential base to low- and moderate-income households and families who may be employed or engaged in business within the State COllege Project Area and other project areas which in turn will help stimulate development of such project areas and their immediate neighborhoods and thereby eliminate blighting conditions. ~ - 4 - ",:~ '- - Section 4. The Secretary of the Commission is hereby authorized and directed to cause this Resolution to be transmitted to the Mayor and Common Council for appropriate action by that body. Section 5. Effective Date. This Resolution shall take effect upon adoption. / / / / / / / I / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / / - 5 - A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO MAKING FINDINGS AND DETERMINATIONS AS TO THE BENEFIT OF ASSISTING IN THE DEVELOPMENT OF A LOW- AND ,- MODERATE-INCOME MULTIFAMILY HOUSING PROJECT (SHADOW HILLS PROJECT). I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Community Development Commission of the City of San Bernardino at a REGULAR meeting thereof, held on the 7th day of Hav , 1990, by the following vote, to wit: Commission Members: AYES NAYS ABSTAIN ESTRADA REILLY FLORES MAUDSLEY MINOR POPE-LUDLAM MILLER x x x x x x V i" se~73f of The foregoing resolution is hereby May , 1990. 7t:h day ~"l~.;JI' the Approved as to form and legal content: By: Agency Counsel "'.''''~ - 6 - ........., SECRETARY'S CERTIFICATE OF ADOPTION AND AUTHENTICATION I, Development Resolution adopted Commission below, and ROBERT J. TEMPLE Secretary of the Community Commission, DO HEREBY CERTIFY that the attached is a true and correct copy of Resolution No. 5248 May 7 ,1990, by the Community Development of the City of San Bernardino, by the vote set forth that said Resolution has not been amended or repealed. COMMISSION MEMBERS ESTHER R. ESTRADA JACK REILLY JESS FLORES .".-, '-' MICHAEL MAUDSLEY TOM MINOR VALERIE POPE-LUDLAM NORINE MILLER DATED: May 7 ,~ \.-. [SEAL] Check Appropriate Box YEAS NAYS ABSENT ABSTAIN I x I 1=] [=1 1=1 1 x I 1=] 1=1 1=1 1=1 I x I 1=1 1=1 I x I 1=1 1=1 1=1 1 x 1 1=1 1=1 1=1 I x I 1=1 1=1 1=1 1 x I 1=1 1=1 1=1 , 1990. Q~;rJ~ Secreta of t e Community Development Commission of the City of San Bernardino