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HomeMy WebLinkAboutRDA RES 196RESOLUTION NO. 196 A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY APPROVING AND ADOPTING A PROPOSED STATEMENT OF EXISTING OBLIGATIONS AND A PROPOSED STATEMENT OF EXISTING PROGRAMS THE PALM DESERT REDEVELOPMENT AGENCY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. Pursuant to notice duly given, the Palm Desert Redevelopment Agency and the City Council of the City of Palm Desert have held a full and fair joint public hearing on the adoption of a resolution by the Agency approving a proposed statement of existing obligations and a proposed statement of existing programs. The Agency has prepared and submitted such proposed statements to the City Council and to the Department of Housing and Community Development fifteen days prior to the date of such hearing. Section 2. Such proposed statements, copies of which are on file with the City Clerk of the City of Palm Desert, are hereby approved and adopted as the statement of existing obligations and statement of existing programs, respective, of the Agency. Section 3. The Agency hereby finds and determines that the amount required to be deposited into the Low and Moderate Income Housing Fund of the Agency pursuant to subdivisions (c) and (d) of California Health and Safety Code Section 33334.6, as added by Section 2 of Chapter 1135 of the Statutes of 1985, is necessary in order to provide for the orderly and timely completion of public and private projects, programs and activities as set forth in the statements described in Section 2, above. Section 4. The Executive Director of the Agency is hereby authorized and directed to transmit a copy of this resolution to the Department of Housing and Community Development within ten days follow- ing its adoption by the Agency. PASSED, APPROVED, and ADOPTED this 12th day of December, 1985, by the following vote, to wit: AYES: BENSON, JACKSON, SNYDER, WILSON AND KELLY NOES: NONE ABSENT: NONE ABSTAIN: NONE d 4'7( kjic_. RICHARD S. KELLY, CHAIRM ATTEST: SHE I LA #). G I LL I GAN; SECRETARY PALM DESERT REDEVELOPMENT AGENCY