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HomeMy WebLinkAboutFY 2000-01 LMIHP Planning Admin Costs PALM DESERT REDEVELOPMENT AGENCY STAFF REPORT REQUEST: DETERMINATION THAT PLANNING AND ADMINISTRATIVE COSTS ARE NECESSARY FOR THE LOW AND MODERATE INCOME HOUSING PROGRAM DATE: OCTOBER 25, 2001 Recommendation: By Minute Motion, that the Agency Board determines that planning and administrative expenses incurred for Fiscal Year 2000-2001 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 implemented 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 2000-2001 were necessary for the production, improvement and preservation of the low and moderate income housing in the City. Submitted by: ,12-d.tev-e-t0 -'Pa BY RDA Dennis M. Coleman Redevelopment Finance Manager ON ) -a'5--01 VERIFIED BY 5 ? mh Original on file with City C erk's Office Approval: irector of Housing Directo R development Executive Director G:\RDA\Mana Hunt\WPDATA\COLEMAN\STFRPTS\102501.Iowmodhsg