HomeMy WebLinkAboutPCDC Resolution 2003-14 12/01/2003 RESOLUTION 2003-14
PETALUMA COMMUNITY DEVELOPMENT COMMISSION
DETERMINING THE NECESSITY OF EXPENDING FUNDS FOR THE PLANNING
AND ADMINISTRATION OF PROJECTS AND PROGRAMS WHICH FACILITATE
THE PRODUCTION, IMPROVEMENT, OR PRESERVATION OF LOW AND
MODERATE INCOME HOUSING FOR FY 2003 -2004
WHEREAS the Petaluma Community Development Commission (PCDC) has
established and implemented a Low and Moderate Income Housing Furid; and,
WHEREAS the Housing Fund is utilized for the production, improvement, and
preservation of low and moderate income housing; and,
WHEREAS the Commission has made findings that it is necessary'to utilize a portion of
the Housing Fund for the purposes of planning and administration of the Housing Fund; and,
WHEREAS the Commission has approved the Housing Fund budget for planning and
administration in an amount equal to approximately 5.36% of the total budget; and,
WHEREAS the Commission has determined that amount is "not disproportionate to the
amount actually spent for the costs of production, improvement, or preservation of housing."
NOW, THEREFORE, BE IT RESOLVED that the Petaluma Community
Development Commission makes the finding of determination of necessity for the expenditure of
fiends for the planning and administration activities of the Petaluma Housing Program serving
low and moderate income households and with this finding fulfills the requirement of Health and
Safety Code Section 33334.3 (d).
Adopted this 1St day of December, 2003 by the following vote:
PCDC Resolution 2003-14 Page 1
Commissioner ~ No Absent
Canevaro X
Glass X
Harris X
Healy X
Moynihan X
O'Brien X
Torliatt X
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DaSia~Glass; Chair
Attest: Approved as to form:
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Gayle Petersen, Recording Secretary Richar
J R. Ru nansky, General C nsel
PCDC Resolution 2003-14 Page 2