HomeMy WebLinkAboutResolution 2001-083C N.C.S. 04/16/2001Resolution No. 2001-083C N.C.S.
of the City of Petaluma, California
FINDING THAT THE PROVISION OF LOW AND MODERATE INCOME
HOUSING BOTH INSIDE AND OUTSIDE OF THE AMENDED CENTRAL
BUSINESS DISTRICT REDEVELOPMENT PROJECT AREA
IS OF BENEFIT TO THE CENTRAL BUSINESS DISTRICT
REDEVELOPMENT'PROJECT AS AMENDED
WHEREAS, the City Council of the City of Petaluma is in the process of adopting a
Second Amendment to the Redevelopment Plan for the Central Business District Redevelopment
Project Area to add territory to the Project Area (the "Project Area"); and
WHEREAS, Section 33334.2 of the California Community Redevelopment Law (Health
and Safety Code Section 33000 et seq.) requires that not less than twenty percent (20%) of all
taxes so allocated be used by the Petaluma Community Development Commission (the "PCDC")
for the purpose of increasing and improving the community's supply of low and moderate
income housing (the community being defined in the Community Redevelopment Law as the
City of Petaluma); and
WHEREAS, Section 33334.2(g) of the California Community Redevelopment Law
provides that the PCDC may use such funds outside the Project Area if a finding is made by
resolution of the PCDC and the City Council of the City of Petaluma that such use will be of
benefit to the Project; and
WHEREAS, The State Legislature has found that the provision of affordable housing. by
redevelopment agencies is of particular benefit and assistance to the community.
NOW, THEREFORE, the City Council of the City of Petaluma does hereby resolve as
follows:
Section 1. The use of taxes allocated from the Amended Project Area for the purpose of
increasing and improving the community's supply of low and moderate income housing outside
the Project Area and within the City of Petaluma will be of benefit to the entire Project Area
pursuant to the State Legislature's finding that the provision of affordable housing is of particular
benefit and assistance to the community.
Under the power and authority conferred upon this Council by the Charter of said City
REFERENCE:. I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to
Council of the City of Petaluma at a Regular meeting on April 16, 2001, --fo
by the following vote: ~~
City orney
AYES: O'Brien, Maguire, Vice Mayor Cader-Thompson
NOES: Moynihan
ABSENT: None ABSTAIN: ~ly, Torliatt, Mayor Thompson
r
ATTEST:
City Clerk Mayor