Res 03-001RESOLUTION NO. 03-001
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 2001-02
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 Iow and moderate
incomes; and
WHEREAS, the Redevelopment and Housing Implementation Plan, approved bythe
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 iow 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 Iow- 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 Iow- 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 2001-02.
Resolution No. 03-00!
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 2001-02 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 $489,626.53 from the Redevelopment Agency's
Low- and Moderate-Income Housing Fund in FY 2001-02 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
Iow and moderate incomes.
Section 3. The amount of $489,626.53 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 2001-02 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 7th day of January 2003.
ATTEST:
M~ayor
Lor~,,~n~e People~, C'ity-~l~k
Resolution No. 03-001
Page 3
STATE OF CALIFORNIA )
)ss
COUNTY OF SAN DIEGO )
I, Lori Anne Peoples, City Clerk of the City of Poway, do hereby certify under penalty
of perjury that the foregoing Resolution No. 03-001 was duly adopted by the City Council at
a meeting of said City Council held on this 7th day of January 2003, and that it was so
adopted by the following vote:
AYES:
NOES: NONE
ABSTAIN: NONE
ABSENT: HIGGINSON
EMERY, GOLDBY, REXFORD, CAFAGNA
Lori A~ne Peoples, City Clerk I v
City of- Poway