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Res 03-059RESOLUTION NO. 03-059 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA FINDING THAT THE EXPENDITURE OF REDEVELOPMENT AGENCY HOUSING FUNDS FOR AFFORDABLE, SPECIAL-NEEDS 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 1 [ allocated to the Agency must be placed in a fund (the "Housing Fund") and used for the purpose of increasing, improving and preserving tl~ :y's supply of Iow- and mod housing available, at affordable housing cost, to persons and families of very Iow-, Iow- and moderat, ' and WHEREAS, Section 33334.2(g) of the C th and Safety Code provides that the Agency may expend Housing Fund Iside 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, on May 25, 1993 the Agency and City Council adopted Resolution Nos. R-93-09 and 93-071 respectively, finding that the use of the Agency's Housing Fund monies to increase, improve and preserve the supply of Iow- and mod '.' housing available at an affordable housing costs outside of the Project Area and within the City of Poway will be of benefit to the Project; and WHEREAS, consistent with its Comprehensive Affordable Housing Strategy, the Agency desires 1' rfordable housing opportunities for special needs populations, specifically for those with developmental disabilities; and WHEREAS, the Agency has been working closely with the Special Friends Foundation, a California, 501(c)(3) not-for-profit organization, to identify properties suitable for a group home that would provide affordable, supportive housing for six extremely Iow- income persons with developmental disabilities; 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 provide a loan to the Special Friends Foundation for the acquisition and renovation of and addition to a single-family dwelling located at 13411 Sagewood Drive that would serve as affordable, special-needs housing for six extremely I persons with developmental disabilities (the "Project"); and Resolution No. 03- 059 Page 2 WHEREAS, the Project is located within one-half mile of the Paguay Redevelopment Project Area boundary and would benefit the Project Area by meeting a portion of the Project Area's fair share of affordable housing and suppod' for developmentally disabled persons; and WHEREAS, the Project would provide affordable housing and in many cases significantly reduce housing expenses for its special needs residents, and WHEREAS, the Project ' I with the Comprehensive Affordable Housing Strategy, approved by the Agency on February 26, 2002; the Redevelopment and Housing Implementation Plan, approved by the Agency on June 29, 1999, and updated on February 12, 2002; and, the General Plan of the City of Poway. 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 stat correct, and incorporated herein. true and Section 2. The City Council hereby finds that the expenditure of monies from the Housing Fund to provide a loan to the Special Friends Foundation for the Project is of benefit to the Redevelopment Project for the reason set forth above. PASSED, ADOPTED AND APPROVED by the City Council of the City of Poway, at a reg 3 this 24th day of June, 2003. ATTEST: ~epu~y Mayor L~o ?A~ne~People$, C~t0y~e ~~- Resolution No. 03- 059 Page 3 STATE OF CALIFORNIA ) ) SS,, COUNTY OF SAN DIEGO ) I, Lod Anne Peoples, City Clerk of the City of Poway, do hereby certify under penalty of perjury that the foregoing Resolution No. 03-059 was duly adopted by the City Council at a meeting of said City Council held on the 24th day of June, 2003, and that it was so adopted by the following vote: AYES: EMERY, GOLDBY, HIGGINSON, REXFORD NOES: NONE ABSTAIN: NONE ABSENT: CAFAGNA Peoples, City ~l~r~ City of Poway