HomeMy WebLinkAbout1993-04-20; Housing & Redevelopment Commission; Resolution 224ll m a
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RESOLUTION NO. 2 2 4
A RESOLUTION OF THE HOUSING AND REDEVELOPMENT
COMMISSION OF THE CITY OF CARLSBAD, CALIFORNIA APPROVl
THE CARLSBAD REDEVELOPMENT AGENCY'S HOUSING SIRAl'EG
HOUSING FUND AND AUTHORIZING THE HOUSING AND
REDEVELOPMENT DEPARTMENT OF THE CITY OF CARLSBAD TO
ADMINISTER THE PLAN AND IMPLEMENT THE PROJECTS AND
PROGRAMS CONTAINED IN THE PLAN
AND PROPOSED USE OF THE REDEVELOPMENT 20% SET-ASIDE
WHEREAS, the Carlsbad Housing and Redevelopment Commission 1:
9 adopted a redevelopment plan for the Carlsbad Village Redevelopment Proj
10 Area which results in the allocation of taxes from the Project Area to the
21 ll Carlsbad Redevelopment Agency for purposes of redevelopment; and
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13 WHEREAS, Section 33334.2 of the California Community Redevelo1
14 Law (Health and Safety Code Section 33000 et seq.) requires that not less
15 20 percent of all taxes so allocated be used by the Agency for the purpose
16 improving and increasing the community's supply of low-and moderate-inc
I.7 housing available at affordable housing cost; and
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WHEREAS, the Carlsbad Housing and Redevelopment Commission 1.
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21 moderate income housing; and
appropriated twenty percent of its annual tax increment since 1982 for low
22 WHEREAS, A Housing Strategy and specific Funding Plan has been
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developed for use of twenty percent of the tax increment set-aside for low.
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moderate-income housing; and
WHEREAS, The Housing and Redevelopment Department of the Cit
Carlsbad has been responsible and is qualified to administer and implemer
28 City's low-and moderate-income housing projects.
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NOW, THEREFORE, BE lT RESOLVED by the Carlsbad Housing and
Redevelopment Commission as follows:
1. The Agency hereby approves the Housing Strategy and the sp
Funding Plan for use of twenty percent of the tax increment set-aside for l(
and moderate-income housing.
2. The Agency hereby authorizes the Housing and Redevelopme:
Department of the City of Carlsbad to administer the plan and implement t
projects and programs contained in the plan.
PASSED, APPROVED AND ADOPTED at a regular meeting of the Ca
Housing and Redevelopment Commission held on the 20th day of APRIL
1993 by the following vote, to wit:
AYES: Commissioners Lewis, Stanton, Kulchin
NOES: None
ABSENT: Commissioners Nygaard, Finnila
ATIEST:
(SEAL1