HomeMy WebLinkAboutOB-029RESOLUTION NO. OB - 029
A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR
AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY
ACKNOWLEDGING THE RECEIPT OF THE REVIEW OF THE LOW AND
MODERATE INCOME HOUSING FUND CONDUCTED PURSUANT TO
HEALTH AND SAFETY CODE SECTION 34179.5
RECITALS:
A. Pursuant to Health and Safety Code Section 34179(3), all actions taken by
the oversight board for the Successor Agency to the Palm Desert Redevelopment Agency
(the "Oversight Board") shall be adopted by resolution.
B. There has been presented to this Oversight Board the Final Determination as
provided by the Department of Finance relative to the Due Diligence Review for the Low
Mod Income Housing Fund pursuant to Health and Safety Code Section 34179.5.
NOW, THEREFORE, THE OVERSIGHT BOARD FOR THE SUCCESSOR
AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY, HEREBY FINDS,
DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS:
Section 1. The above recitals are true and correct and are a substantive part of
this Resolution.
Section 2. The Oversight Board hereby receives and files the Final Determination
as provided by the Department of Finance relative to the Due Diligence Review for the Low
Mod Income Housing Fund pursuant to Health and Safety Code Section 34179.5.
Section 3. The officers of the Oversight Board and staff of the Successor Agency
are hereby authorized and directed, jointly and severally, to do any and all things which they
may deem necessary or advisable to effectuate this Resolution.
PASSED, APPROVED AND ADOPTED this 7th day of January, 2013.
AYES: BRANDL, BUCK, CARVER, LARSON, and SPIEGEL
NOES: NONE
ABSENT: DEAS and REYES
ABSTAIN: NONE
ROBERT A. SPIE L,
ATTEST:
RA ELLE D. KL SSEN, ECRETARY
OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY
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