Res 04-005
RESOLUTION NO. 04 - 005
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA
FINDING THAT HOUSING FUND MONIES USED OUTSIDE THE PROJECT AREA
FOR PLANNING AND ADMINISTRATIVE COSTS IN FY 2002-03
WERE OF BENEFIT TO THE PROJECT AREA
WHEREAS, Section 33334.2 of the California Health and Safety Code requires that
not less than 20 percent of taxes which are allocated to the Redevelopment Agency be
used for the purpose of increasing, improving, and preserving the community's supply of
housing available at an affordable housing cost to households with low and moderate
incomes; and
WHEREAS, the Redevelopment and Housing Implementation Plan, approved by the
Redevelopment Agency Board on June 29, 1999, and Redevelopment and Housing
Implementation Plan Mid- Term Update and Review and Second Addendum approved by
the Redevelopment Agency Board on February 12, 2002, outlines projects and programs
that will increase, improve and preserve the supply of housing available at an affordable
housing cost to households with low and moderate incomes; and
WHEREAS, Section 33334.3(e) provides that the Redevelopment Agency may
charge its Housing Fund for planning and administrative costs which directly relate to
qualified low- and moderate-income housing projects and programs; and
WHEREAS, Section 33334.3(d) of the California Health and Safety Code provides
that the Redevelopment Agency must determine annually that the planning and
administrative expenses paid by the Housing Fund are necessary for the production,
improvement or preservation of low- and moderate-income housing; and
WHEREAS, the Redevelopment Agency may expend monies from its Low- and
Moderate-Income Housing Fund for affordable housing projects and programs outside the
Project Area upon a finding by the Legislative Body that said expenditures are of benefit to
the Project Area; and
WHEREAS, in 1993 the Redevelopment Agency approved a detailed method for
calculating the actual cost of planning and administering the Agency's affordable housing
projects and programs; and
WHEREAS, Redevelopment Agency staff have completed a thorough analysis to
calculate the actual costs directly associated with the planning and administration of
affordable housing projects and programs that were charged to the Housing Fund during
FY 2002-03.
Resolution No. 04-ú05
Page 2
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Poway as
follows:
Section 1. The expenditure of monies from the Redevelopment Agency's Low-
and Moderate-Income Housing Fund in FY 2002-03 to cover costs associated with
planning and administering its affordable housing program was necessary for the Agency
to meet its obligation to increase, improve, and preserve the supply of affordable housing
available within the City of Poway.
Section 2. The expenditure of $519,039.10 from the Redevelopment Agency's
Low- and Moderate-Income Housing Fund in FY 2002-03 was necessary to cover actual
costs incurred by the Agency in its efforts to increase, improve and preserve the
community's supply of housing available at an affordable housing cost to households with
low and moderate incomes.
Section 3. The amount of $519,039.1 0 represents the actual cost of planning for
and administering the affordable housing program, and said cost is not disproportional to
the Housing Fund monies expended to produce, improve or preserve said affordable
housing.
Section 4. Housing Fund monies that were expended during FY 2002-03 for
planning and administering the affordable housing program, some activities of which were
outside the Paguay Redevelopment Project Area, benefit the Project Area.
PASSED, ADOPTED, AND APPROVED by the City Council of the City of Poway,
California, at a regular meeting this 10th day of February 2004.
ATTEST:
~~aJ
Sherrie D. Worrell, Deputy City Clerk
Resolution No. 04-005
Page 3
STATE OF CALIFORNIA )
) SS
COUNTY OF SAN DIEGO)
I, Sherrie D. Worrell, Deputy City Clerk of the City of Poway, do hereby certify under
penalty of perjury that the foregoing Resolution No. 04-~ was duly adopted by the
City Council at a meeting of said City Council held on this 10th day of February 2004, and
that it was so adopted by the following vote:
AYES: EMERY, GOLDBY, HIGGINSON, REXFORD, CAFAGNA
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
~/1L1~ Q~}:¡JI/of
Sherrie D. Worrell, Deputy City Clerk
City of poway