HomeMy WebLinkAboutCC RES 93-030RgSOLUTION NO. 93-30
A R.SSOLUTION OF THE CITY COUNCIL OF THE CITY
OF PALId DSS$RT FINDING THAT THS US$ OF TAXES
ALLOCATgD FRON PROJBCT ARSA NO. 4 FOR THS
PURPOSS OF HOUSING OUTSIDS OF THS PROJLCT ARSA
h1ILL B$ OF B$NEFIT TO THE PROJBCT
THE CITY COUNCIL OF THE CITY OF PALM DESERT HEREBY FINDS,
DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
Section 1. The Palm Desert Redevelopment Agency, (the
"Agency") has prepared a proposed Redevelopment Plan for Project
Area No. 4, (the "Project Area") which would result in the
allocation of taxes from the Project Area to the Agency for the
purposes of redevelopment.
Section 2. Section 33334.2 (a) of the California Community
Redevelopment Law (Health and Safety Code Sections 33000 et. secr.)
requires, unless certain finding are made, that not less than
twenty percent (20%) of all taxes so allocated be used by the
Agency for preserving, improving and increasing the Community's
supply of low and moderate income housing.
Sect�on 3. Section 33334.2(g) of the California Community
Redevelopment Law provides that the Agency may use such funds
outside of the Project Area if a finding is made by resolution of
the Agency and the City Council of the City of Palm Desert that
such use will be of benefit to the Project Area.
Section 4: The City Council hereby finds and declares that
the use of taxes allocated from the Project Area for the purpose of
improving and increasing the community's supply of low and moderate
income housing available at affordable housing costs outside the
Project Area will be of benefit to the Project.
PASSED, APPROVED AND ADOPTED this 22nd day of April, 1993.
AYES:
NOES:
ABSENT:
ABSTAIN:
CRITES, KELLY, WILSON, BENSON
NONE
SNYDER
NONE . ; , !
� � �.
^2 �� t�-- � ` -i' r _ _
, M. Benson, Mayor
ATT$ST: , ;
i � y/ _ /
� , / , �/�,/j �'�� , i ��./! ,�..
� Sheila R. Gilligan ty Clerk