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Res 00-108RESOLUTION NO. 00-108 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA FINDING THAT THE EXPENDITURE OF FUNDS TO PRESERVE AND IMPROVE AFFORDABLE HOUSING LOCATED 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 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 assist in the preparation of a Multifamily Rehabilitation Program (the "Program") implementation plan and materials; and WHEREAS, the preparation of the Program implementation plan and materials will benefit the Project Area in that many of Poway's multifamily neighborhoods adjoin the Project Area, and the Program will help to preserve and improve 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 commercial 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 for preparation of the Program implementation plan and materials 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 Resolution No. 00-108 Page 2 Implementation Plan, as updated on June 29, 1999, which lists the 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 period from July 1, 1999 to July 30, 2004. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Poway 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 development of a Multifamily Housing Rehabilitation Program implementation plan and materials 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 November, 2000. M~a1 / yor ATTEST: L~-ri ~nne Peoples, Cit~Cle[k Resolution No. 00- 108 Page 3 STATE OF CALIFORNIA ) ) SS, COUNTY OF SAN DIEGO ) I, Lori 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- 108 was duly adopted by the City Council of at a regular meeting of said City Council held on the 28th day of November, 2000, and that it was so adopted by the following vote: AYES: EMERY, GOLDBY, HIGGINSON, REXFORD, CAFAGNA NOES: NONE ABSTAIN: NONE ABSENT: NONE L~ri~,nne P~oples, city cler~ city of Poway