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HomeMy WebLinkAboutRES. No. 546RESOLUTION NO. 546 A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY AUTHORIZING THE EXERCISE BY THE AGENCY OF THE POWERS GRANTED BY THE HOUSING COOPERATION LAW AND APPROVING AN AMENDED AND RESTATED HOUSING COOPERATION AGREEMENT THE PALM DESERT REDEVELOPMENT AGENCY HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1.The Palm Desert Redevelopment Agency is a public body, corporate and politic, and a "state public body" within the meaning of that term under California Health and Safety Code Section 34506. Section 2.Under California Health and Safety Code Section 34521, the exercise by a state public body, such as the Agency, of the powers granted by the Housing Cooperation Law (California Health and Safety Code Section 34500, et. seq.) may be authorized by resolution adopted by a majority of the members of its governing body. Section 3.The Agency is hereby authorized to exercise the powers granted in the Housing Cooperation Law. Section 4.The Agency and the Palm Desert Housing Authority have held a joint public hearing on a proposed Amended and Restated Housing Cooperation Agreement between the Housing Authority and the Redevelopment Agency. Section 5.The Amended and Restated Housing Cooperation Agreement dated as of February 14, 2008, between the Agency and the Housing Authority, presented to the governing board of the Agency at this meeting is hereby approved. PASSED, APPROVED and ADOPTED this 14th day of February, 2008. AYES: NOES: ABSENTS: ABSTAINS: Jean M. Benson, Chairman Attest: Rachelle D. Klassen, Secretary G \RDAWatty Leon\JMM\Housing Cooperation Agreemcnt\Agency Resolution 2007 DOC P6402-0001\%7226v2 doc