HomeMy WebLinkAboutFY 1999-2000 LMIHP Planning Admin Costs PALM DESERT REDEVELOPMENT AGENCY
STAFF REPORT
DATE: DECEMBER 14, 2000
TO: EXECUTIVE DIRECTOR. HONORABLE CHAIRMAN AND MEMBERS OF
THE REDEVELOPMENT AGENCY
FROM: DENNIS M. COLEMAN, REDEVELOPMENT FINANCE MANAGER
SUBJECT: DETERMINATION THAT PLANNING AND ADMINISTRATIVE COSTS ARE
NECESSARY FOR THE LOW AND MODERATE INCOME HOUSING
PROGRAM
Recommendation:
That the Agency Board, by minute motion, determines that planning and administrative
expenses incurred for Fiscal Year 1999-2000, were necessary for the production,
improvement, or preservation of low and moderate income housing.
Background:
California Health and Safety Code Section 33334.6 (d) legislates that the Agency shall
determine annually that planning and administrative expenses are necessary for the
production, improvement and preservation of low and moderate income housing in the
project areas and throughout the City.
The Agency annually incurs such costs because the housing programs, adopted and
budgeted, cannot be implement without staff and the necessary consultants.
Consequently, Staff is recommending that the Agency Board determine that the planning
and administrative expenses incurred for Fiscal Year 1999-2000 were necessary for the
production, improvement and preservation of the low and moderate income housing in the
City.
REVIEWED AND CONCUR
Dennis M. Coleman ' avid Yri oyen
Redevelopment Finance Manager Redevelopment Manager
DMC:dcl 9,94AA - t BY RDA
ON lam— 1 --Cr
Carlos L. Ortega, City Manager
VERIFIED BY
Original on file with ity lerk's Office