HomeMy WebLinkAboutRDA RES 109RESOLUTION NO. 109
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF PALM DESERT, CALIFORNIA, OPPOSING STATE
ASSEMBLY BILL NO. 2257 CONCERNING THE RESTRICTION
OF THE INTRA-AGENCY USE OF TAX INCREMENT FUNDS
OUTSIDE OF PROJECT AREAS FROM WHICH SUCH FUNDS ARE
GENERATED
WHEREAS, existing law allows a Redevelopment Agency to
use proceeds of tax increment revenues in project areas of such agency
other than the one from which such revenues were generated; and
WHEREAS, the enactment into law of Assembly Bill No. 2257
would result in a major revision of the existing law affecting the
financial capability of redevelopment agencies to carry out their
functions.
NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency
of the City of Palm Desert, California, that it opposes the enactment
into law of Assembly Bill No. 2257 and strongly urges the Legislature
and its committees to disapprove said bill.
BE IT FURTHER RESOLVED by the Redevelopment Agency of the
City of Palm Desert that the Secretary shall transmit copies of this
Resolution to:
Honorable Newton R. Russell
California State Senator
State Capitol
Sacramento, California 95814
Honorable Patrick J. Nolan
California State Assemblyman
State Capitol
Sacramento, California 95814
Members of the Assembly Committee
Housing and Community Development
State Capitol
Sacramento, California 95814
League of California Cities
1400 K Street
Sacramento, California 95814
PASSED, APPROVED and ADOPTED on this 27thday of March , 1980,
by the following vote, to wit:
AYES: Brush, McPherson, Newbrander, Wilson & Mullins
NOES: None
ABSENT: None
ABSTAIN: None r
ATTEST:
Cyr- c-11
SHEILA R. GILLIGAN, RETARY to
The Palm Desert Rededelopment Agency
,g1-
WARD JD D. MULLINS , CHAIRMAN