Res 00-021RESOLUTION NO. 00- 02!
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA
FINDING THAT THE EXPENDITURE OF FUNDS
TO PURSUE THE DEVELOPMENT OF AFFORDABLE HOUSING
OUTSIDE THE PROJECT AREA BENEFITS THE REDEVELOPMENT PROJECT
WHEREAS, the Poway Redevelopment Agency (the "Agency") is a community
redevelopment agency organized and existing under the Community Redevelopment Law,
Health and Safety Code Section 33000, et seq; and
WHEREAS, not less than 20 percent of all tax increment allocated to the Agency
must be placed in a fund (the "Housing Fund") and used for the purpose of increasing,
improving and preserving the community's supply of Iow- and moderate-income housing
available at affordable housing cost to persons and families of very-low, Iow and moderate
incomes; and
WHEREAS, Section 33334.2(g)of the Califomia Health and Safety Code provides
that the Agency may expend Housing Fund monies outside the Paguay Redevelopment
Project Area (the "Project Area") upon resolution of the Agency and the City Council that
the use will be of benefit to the Redevelopment Project; and
WHEREAS, in order to carry out and implement the Redevelopment Plan (the
"Plan") for the Project Area and the affordable housing requirements thereof, the Agency
desires to contract for services provided by David Paul Rosen & Associates ("DRA") to
prepare a Multifamily Acquisition/Rehabilitation Strategy (the "Strategy"); and
WHEREAS, the preparation of the Strategy will benefit the Project Area in that many
of Poway's multifamily neighborhoods adjoin the Project Area, and the Strategy will help
to create and preserve affordable housing for employees working within the Project Area
and serve to prevent neighborhood deterioration which can expand and affect the
economic and social health of nearby commemial and residential properties located within
the Project Area; and
WHEREAS, through the adoption of Resolution 93-071, on May 25, 1993, the City
Council made general findings that the use of Housing Fund monies to increase, improve
and preserve the community's supply of Iow- and moderate-income housing located
outside the Redevelopment Project Area benefits the Redevelopment Project; and
WHEREAS, the proposed expenditure of funds is consistent with the Agency's
Comprehensive Affordable Housing Strategy, which lists preservation of the community's
supply of rental housing stock as a primary goal, and with the AB 1290 Redevelopment
and Housing Implementation Plan, as updated on June 29, 1999, which lists the
Resolution No. 00- 02].
Page 2
preservation of the community's supply of rental housing stock as one of the activities that
the Agency will assist with Housing Fund monies in the pedod from July 1, 1999 to July 30,
2004.
NOW, THEREFORE, the City Council of the City of Poway does resolve as follows:
Section 1. The City Council hereby finds that the foregoing statements are true
and correct, and incorporated herein.
Section 2. The City Council hereby finds that the expenditure of monies from the
Housing Fund for completion of a Multifamily Acquisition/Rehabilitation Strategy is of
benefit to the Project Area for the reasons set forth above.
PASSED, ADOPTED AND APPROVED, by the City Council of the City of Poway,
at a regular meeting thereof this 28th day of Mamh, 2000.
ATTEST:
-' Peoples, City cr~rl~ '
Resolution No. 00- 021
Page 3
STATE OF CALIFORNIA )
) SS,
COUNTY OF SAN DIEGO )
I, Lod Anne Peoples, City Clerk of the City Council of the City of Poway, do hereby
certify under penalty of perjury that the foregoing Resolution 00-021 was duly adopted by
the City Council of the City of Poway at a regular meeting of said Council held on the 28th
day of March, 2000, and that it was so adopted by the following vote:
AYES: EMERY, GOLDBY, HIGGINSON, REXFORD, CAFAGNA
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
Lor~ ~nne Peoples, ~;it~-C'~er-k
City of Poway