HomeMy WebLinkAbout1993-10-14; Housing Commission; Resolution 93-0091
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HOUSIN G COMMISSION RESOLUTION NO. 93-009 -
A RESOLUTION OF THE HOUSING COMMISSION OF THE
CITY OF CARLSBAD, CALIFORNIA TO APPROVE THE
APPROPRIATION OF $2,000,000 FROM THE
REDEVELOPMENT LOW AND MODERATE INCOME
REAL PROPERTY AND RELATED IMPROVEMENTS FORTHE
PURPOSE OF DEVELOPING AFFORDABLE HOUSING
RENTAL UNITS OUTSIDE THE VILLAGE REDEVELOPMENT
AREA
WHEREAS, the Redevelopment Agency of the City of Carlsbad,
hereinafter referred to as "Agency", is a Community Redevelopment Agency organized
and existing under the Community Redevelopment Law, Health and Sa fetv Code
Section 33000, et.seq., hereinafter referred to as the "Act"; and
HOUSING SET-ASIDE FUND FOR THE ACQUISITION OF
WHEREAS, the Agency is authorized to implement the Redevelopment
Plan for the Carlsbad Village Redevelopment Project Area; and
WHEREAS, Section 33334.2 of the Act requires that not less than
twenty percent (20%) of all taxes which are allocated to the Agency for purposes of
increasing and improving the community's supply of low and moderate income
housing; and
WHEREAS, pursuant to Section 33334.2 of the Act, the Legislature
declares its intent that the Low and Moderate Income Housing Set-aside Fund shall be
used to improve and increase housing in the community; and
WHEREAS, to carry out the purposes of increasing and improving the
community's supply of low and moderate income housing, Section 33334.2 (e) of the
Act states that the Agency may exercise any or all of its powers, including without
limitations, acquiring land or building sites, improving land or building sites with onsite
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or offsite improvements, donating land to private or public persons or entities,
constructing buildings or structures, acquiring buildings or structures, providing
subsidies to, or for the benefit of, very low income households, lower income
households, or persons or families of low and moderate income, or other powers to
carry out the purposes of the Act; and
WHEREAS, the Housing Commission recommends APPROVAL of the
expenditure of $2,000,000 from the Low and Moderate Income Housing Set-aside
Fund outside the Redevelopment Project Area for the purposes of providing property
and related improvements for the construction of 344 units of rental housing for
persons/families within low and very low income households;
NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing
Commission of the City of Carlsbad, California, as follows:
1. The above recitations are true and correct.
2. That the expenditures of monies from the Low and Moderate Income
Housing Fund for the purposes of acquiring property and constructing
related improvements for an affordable housing project containing 344
rental units outside the Redevelopment Project Area, in which such funds
are generated, are and will be of benefit to the respective Project Area
based on the following findings:
a. The Village Redevelopment Area currently consists of a number of
restaurants, hotels, time-share projects and small retail operations
which depend on and which offer employment at low to moderate
income wages. The proposed housing project offers affordable
housing opportunities to these employees which are currently not
available to them in the Village Redevelopment Area.
b. The proposed project is located on bus routes and connects to
major transportation corridors which will allow direct access to the
Village Redevelopment Area. The households residing within the
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e
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3.
4.
proposed project will be able to take advantage of the public
transportation systems which will allow them to work and shop in
the Village Redevelopment Project Area. This will have a
significant impact on the Redevelopment Agency's efforts to
revitalize the Village Project Area.
That the Low and Moderate Income Housing Set-Aside Funds will
promote the City of Carlsbad's housing goals and satisfies specific
requirements of the Community Redevelopment Law to expend a portion
of its tax increment to produce affordable housing opportunities for low
and moderate income persons.
The Housing Cornmission recommends that the Housing and
Redevelopment Director be authorized to execute documents required for
the appropriation of $2,000,000 in funds from the Redevelopment Low
and Moderate Income Housing Set-aside Funds in order to provide
property and related improvements for construction of a 344 rental unit
project for low and very low income persons within the City of Carlsbad.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the
Housing Commission of the City of Carlsbad, California, held on the 14th day of
October, 1993, by the following vote, to wit:
AYES: AVIS, ROMBOTIS, CALVERLY, NOBLE, SATO, WELLMAN,
ESCOBEDO
NOES: NONE
ABSENT: SCARPELLI, PETERSON
ABSTAIN: NONE
DOM AVIS, Vice Chairperson
Housing Commission
ATTEST:
~ EVAN BECKER, Housing and Redevelopment Director
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