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HomeMy WebLinkAboutResolution - City Council - 82-011 - 1982-01-05HCD RESOLUTION NO. 82-11 A RESOLUTION OF THE COUNCIL OF THE CITY OF FRESNO FINDING THAT THE USE OF TAXES ALLOCATED TO THE REDEVELOPMENT AGENCY PURSUANT TO SECTION 33670 OF CALIFORNIA HEALTH AND SAFETY CODE WILL BE OF BENEFIT TO THE CONVENTION CENTER REDEVELOPMENT PLAN PROJECT AREA. WHEREAS, the Redevelopment Agency, pursuant to Agency Resolution No. 1151, authorized the preparation of a Redevelop- ment Plan ("project") for the Convention Center Area ("project area"); and WHEREAS, no less than 20 percent of all taxes allocated to the Redevelopment Agency pursuant to California Health and Safety Code Section 33670 ("funds") shall be used by the Agency for the purposes of increasing and improving the community's supply of low and moderate income housing available at affordable housing cost; and WHEREAS, the Redevelopment Agency desires to use the funds outside the project area; and WHEREAS, the Agency may only use these funds outside the project area upon a resolution of the Agency and the legislative body of the City that such use will be of benefit to the project. NOW, THEREFORE, the Council of the City of Fresno hereby finds that the use of not less than 20 percent of the taxes allocated to the Agency pursuant to Health and Safety Code Section 33670 for the purpose of increasing and improving the community's supply of low and moderate income housing available at affordable housing cost outside the project area will be of benefit to the Convention Center Redevelopment Plan. CLERK'S CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF FRESNO ) ss. CITY OF FRESNO ) I, JACQUELINE L. RYLE, City Clerk of the City of Fresno, certify that the foregoing resolution was adopted by the \ Council of the City of Fresno, California, at a reqular meeting (p held on the 5th day of January , 1982. APPROVID AS TO FORK JACQUELINE L. RYLE CM ; OK City Clerk Bya b _ f \ p yt}c puty OCH:dee 12/29/81 O OC