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Res 93-121 RESOLUTION NO. 93-121 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY APPROVING THE EXTENSION OF THE POWAY SHARED HOUSING PROGRAM WHEREAS, the Poway Redevelopment Agency (the "Agency") and LifeLine Community Services (the "Program Sponsor") are desirous of extending their existing contractual agreement (the "Agreement") for the provision of the Poway Shared Housing Program (the "Program") for a period of four (4) months to assist low and moderate income residents within the Paguay Redevelopment Project Area (the "Project Area") and the City of Poway (the "City") in accessing affordable housing; and WHEREAS, the Program serves as an integral component of a balanced affordable housing program to increase, and improve, and preserve the supply of housing in the City available to persons and families with low and moderate incomes; and WHEREAS, California Health and Safety Code Section 33334.2(e)(8) states that the Agency may provide subsidies from its Low and Moderate Income Housing Fund (the "Housing Fund") moneys to, or for the benefit of, very low, low and moderate income persons and families to the extent that those households are unable to obtain affordable housing on the open market; and WHEREAS, Section 33334.2(g) of the Health and Safety Code authorizes the Agency to expend its Housing Fund moneys outside the Project Area upon a finding by the City Council that the expenditure of such funds will be of benefit to the Projects; NOW, THEREFORE, the City Council of the City of Poway does resolve as follows: Section 1: The recitals hereof are true and correct and are hereby incorporated into this Resolution. Section 2: The City finds that the use of the Agency's Low and Moderate Income Housing Fund to satisfy the Agency's obligations pursuant to the Agreement are for the purpose of increasing the community's supply of housing available to persons and families of low and moderate incomes at affordable housing cost pursuant to California Health and Safety Code Section 33334.2. Section 3: The City Council hereby authorizes the use of the Agency's Low and Moderate Income Housing Fund to extend Program services to Poway residents living outside the Project Area and pursuant to California Health and Safety Code Section 33334.2(g), the City finds that the use of Agency funds for the Program will be of benefit to the Project Area and the areas outside of the Project Area within the community. Resolution No. 93-121 Page 2 Section 4: The City Council approves the four (4) month continuation of the Program and approves the execution by the Executive Director of the Agency a contractual agreement to effect this four (4) month extension of the Agreement as approved in the Resolution of the Agency adopted on this date and such other documents as may be determined by the City Attorney to be necessary or appropriate to effectuate the Agreement extension. PASSED, ADOPTED AND APPROVED, by the City Council of Poway, California, at a regular meeting thereof this 3rd day of August, 1993. ATTEST: Don Higginson, ~ Marjor~e ~. Wahlsten, City Clerk STATE OF CALIFORNIA ) ) SS. COUNTY OF SAN DIEGO ) I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify the foregoing Resolution No. 93-121 was duly adopted by the City Council at a meeting of said Council on the 3rd day of August, 1993, and that it was so adopted by the following vote: AYES: CAFAGNA, EMERY, SNESKO, HIGGINSON NOES: NONE ABSTAIN: NONE ABSENT: CALLERY Marjor/ie~<. Wahlsten, City Clerk C i ty o~way