Res 99-093RESOLUTION NO. 99- 093
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 1998-99
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 Iow and moderate
incomes; and
WHEREAS, the Redevelopment and Housing Implementation Plan, approved by
the Redevelopment Agency on June 29, 1999, 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 1998-99.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Poway as
follows:
Resolution No. 99-093
Page 2
Section 1. The expenditure of monies from the Redevelopment Agency's Low-
and Moderate-Income Housing Fund in FY 1998-99 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 $320,117.81 from the Redevelopment Agency's
Low-and Moderate-Income Housing Fund in FY 1998-99 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 $320,117.81 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 1998-99 for
planning and administering affordable housing projects and programs, some of which are
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 30th day of November, 1999.
ATTEST:
L~riJ,~nne ~eoples, City Cl~rk
Michael P. Cafagn ,r
Resolution No. 99- 093
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. 99- 093 was duly adopted by the City
Council at a meeting of said City Council held on the 30th day of November 1999, and that
it was so adopted by the following vote:
AYES: EMERY, GOLDBY, HIGGINSON, REXFORD, CAFAGNA
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
ES~ri~Anne P~oples, City'~;lerkI
City of Poway