HomeMy WebLinkAboutPCDC Resolution 2001-04D 04/16/2001 Resolution No. 2001-04I~
of the Petaluma Community Development Commission
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 PRO.IECT 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 BE IT RESOLVED, by the Petaluma Community Development
Commission 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.
I hereby certify that the foregoing Resolution No. 2001-04D was duly introduced and
adopted by the Petaluma Community Development Commission at a regular meeting held on
April 16, 2001, by the following vote:
w
Commissioner Aye No Absent Abstain
Chairman Thompson X
Vice Chair Cader-Thompson X
Healy X
Maguire X
Moynihan X
O'Brien X
Torliatt X
E. Clark Thompson, Chairman
ATTEST: APPROVI~D=", ~ -TO ~Q
Beverly J. Kline, ording Se etary Richar . Rudnansky, City t ~y