HomeMy WebLinkAbout2000-05-16; Housing & Redevelopment Commission; Resolution 326e m
1 HOUSING AND REDEVELOPMENT COMMISSION RESOLUTION NO. 326
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A RESOLUTION OF THE HOUSING AND REDEVELOPMENT COMMISSIOI
OF THE CITY OF CARLSBAD, CALIFORNIA FINDING THAT THE USE OF ’
ALLOCATED FROM THE SOUTH CARLSBAD COASTAL REDEVELOPMEP
PROJECT FOR THE PURPOSE OF INCREASING, IMPROVING, AND PRESI
THE COMMUNITY’S SUPPLY OF LOW AND MODERATE INCOME HOUSIl
OUTSIDE THE PROJECT AREA WILL BE OF BENEFIT TO THE PROJECT
WHEREAS, the Carlsbad Housing and Redevelopment Commission (“COI
has prepared a proposed Redevelopment Plan for the South Carlsbad Coastal Red
Project (“Rroject”) that would result in the allocation of taxes from the Project 1
Commission for the purposes of redevelopment; and,
WHEREAS, Section 33334.2 of the California Community Redevelopment 1
and Safety Code Sections 33000 et. seq. (“Law”), requires that not less than twe
(20%) of all taxes so allocated be used by the Commission for the purpose of
improving, and preserving the community’s supply of low and moderate incor
available at affordable housing cost; and,
WHEREAS, Section 33334.2 of the Law provides that the Commission m
funds outside the Project Area if a finding is made by resolution of the Commissil
Council of the City of Carlsbad that such use will be of benefit to the Project.
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NOW, THEREFORE, BE IT RESOLVED by the Housing and Rede
2 // Comm;ss;on of the City of Carlsbad as follows:
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1. The use of taxes allocated from the Project Area for the purpose of increasing, imp!
preserving the community’s supply of low and moderate income housing a
affordable housing cost outside the Project Area will be of benefit to the Project.
PASSED, APPROVED AND ADOPTED at a regular meeting of the HI
Redevelopment Commission of the City of Carlsbad, California, on the 16th day of M
the following vote to wit:
AYES: Commissioners Lewis, Finnila, Nygaard and Ku
NOES: None
ABSENT: Commissioner Hall
ABSTAIN: None
ATTEST:
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