Res 97-097RESOLUTION NO. 97- 0 9 7
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY
FINDING THAT HOUSING FUND MONIES USED OUTSIDE THE PROJECT AREA
FOR PLANNING AND ADMINISTRATIVE COSTS IN FY 1996-97
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 AB 1290 Redevelopment and Housing Implementation Plan, approved by
the Redevelopment Agency on November 29, 1994 and updated on November 4, 1997, outlines a
balance of programs and projects 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 fi:om 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 staffhave 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 1996-97.
NOW, THEREFORE, the City Council of the City of Poway does resolve the following:
Section 1: The expenditure of monies fi:om the Redevelopment Agency's Low- and
Moderate-Income Housing Fund in FY 1996-97 to cover costs associated with planning and
administering affordable housing projects and programs 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.
Resolution No. 97- 0 9 7
Page 2
Section 2: The expenditure of $488,518 from the Redevelopment Agency's Low- and
Moderate-Income Housing Fund in FY 1996-97 was necessary to cover actual costs incurred by the
City and Agency in their 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 $488,518 represents the actual cost of planning for and
administering affordable housing projects and programs, 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 1996-97 for planning
and administering affordable housing projects and programs outside the Paguay Redevelopment
Project Area are of benefit to said Project Area.
PASSED, ADOPTED, AND APPROVED by the City Council of the City of Poway,
California, at a regular meeting thereof this 18th day of November, 1997.
ATTEST:
Don Higginson, May~/'/
Marjorie I~ Wahlsten, City Clerk
Resolution No. 97- 0 9 7
Page 3
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify under penalty
of perjury that the foregoing Resolution No. 97-0 9 7 was duly adopted by the City Council at a
meeting of said Council held on the 18th day of November 1997, and that it was so adopted by the
following vote:
AYES: CAFAGNA, EMERY, GOLDBY, REXFORD, HIGGINSON
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
Marjofie I{. Wahlsten, City Clerk
City of ?~9~aY