HomeMy WebLinkAboutCC RES 91-0591 •. t _
RESOLUTION NO. 91- 5 9
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF PALM DESERT FINDING THAT THE USE OF
TAXES ALLOCATED FROM PROJECT A.REA NO. 3 FOR
THE PURPOSE OF HOUSING OUTSIDE OF THE
PROJECT AREA WILL BE OF BENEFIT TO THE
PROJECT
THE CITY COUNCIL OF THE CITY OF PALM DESERT HEREBY FINDS,
DETERMINES, RESOLVES AIVD ORDERS AS FOLLOWS:
ection 1. The Palm Desert Redevelopment Agency, (the "Agency") has prepared
a proposed Redevelopment Plan for Project Area No. 3, (the "Project Area") which would
result in the allocation of taxes from the Project Area to the Agency for the purposes of
redevelopment.
e ti n 2. Section 33334.2 of the California Community Redevelopment Law
(Health and Safety Code Sections 33000 �. sg�.) requires, unless certain finding are made,
that not less than twenty percent (20%) of all taxes so allocated be used by the Agency for
preserving, improving and increasing the City's supply of low and moderate income
housing.
ction . Section 33334.2(g) of the California Community RedeveloQment Law
provides that the Agency may use such funds outside of the Project Area if a finding is
made by resolution of the Agency and the City Council of the City of Palm Desert that such
use will be of benefit to the Project Area.
i n 4: The City Council hereby finds and declares that the use of taxes
allocated from the Project Area for the purpose of improving and increasing the
community's supply of low and moderate income housing available at affordable housing
costs outside the Project Area will be of benefit to the Project.
PASSED, APPROVED AND ADOPTED this 23rd day of May, 1991.
AYES: Benson, Crites, Kelly, Wilson, Snyder
NOES: '.vone
ABSENT: vone
ABSTAI:�1: �,'one � � �
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WALTER SNYDER, MAYOR
ATTEST:
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� CITY OF �P�LM DESERT, CALIFORNIA
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