Res 97-098RESOLUTION NO. 97- 0 9 8
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY
FINDING THAT HOUSING FUND MONIES USED OUTSIDE THE PROJECT AREA
FOR PLANNING AND ADMINISTRATION COSTS IN FY 1994-95
WERE OF BENEFIT TO THE PROJECT AREA
WHEREAS, Section 33334.2 of the Califomia 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
WItEREAS, the AB 1290 Redevelopment and Housing Implementation Plan, approved by
the Redevelopment Agency on November 29, 1994, outFmes 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 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 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 Ftmd during FY 1994-95 and reviewed this analysis
in a detailed report considered by the Agency Board on November 14, 1995.
Resolution No. 97-0 9 8
Page 2
NOW, THEREFORE, the City Council of the City of Poway does resolve the following:
Section 1: The expenditure of monies from the Redevelopment Agency's Low- and
Moderate-Income Housing Fund in FY 1994-95 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.
Section 2: The expenditure of $500,617 from the Redevelopment Agency's Low- and
Moderate-Income Housing Fund in FY 1994-95 was necessary to cover actual costs incurred in 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 low- and moderate-incomes.
Section 3: The amount of $500,617 represents the actual cost of planning for and
administering affordable housing projects and programs during FY 1994-95, and this 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 1994-95 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, Maydf~
Marjorie I~. Wahlsten, City Clerk
Resolution No. 97-0 9 $
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 98 was duly adopted by the City Council of the
City of Poway 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,
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
EMERY, GOLDBY, REXFORD, HIGGINSON
Marjorie I~ Wahlsten, City Clerk
City of P~way