HomeMy WebLinkAboutPCDC Resolution 00-15 09/05/2000 .Resolution No. 00-15
Petaluma Community Development Commission
ICES®LUTION DETERMINING THE NECESSITX ®F EXPENDING FUNDS F®R THE
PLANNING AND ADMINISTRATI®N ®F PROJECTS AND PR®GRAMS WHICH
FACILITATE THE PR®DUCTI®N, IlVIPR®VEMENT, ®R PRESERVATI®N ®F LOW AND
M®DERATE INC®ME H®USING F®R FY 1999-2000 AND 2000-2001
WHEREAS the Petaluma Community Development Commission (PCDC) has established and
implemented a Low and Moderate Income Housing Fund; 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 less than five percent (5%)". 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 funds 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 5~' day of September, 2000 by the following vote:
Commissioner Ave No Absent
Healy X
Cader-Thompson X
Keller X
Maguire X
Hamilton X
Vice Chairman Torliatt X - q:_~
Chairman Thompson ~X_._._._.-_
,iz.eP, .
Pamela Torliatt, Vice Chairman
Attest: Approved as
t
Form:
( ~ ~
Beverly Kline, R or ng Sec tary Rie~i 'rd Rudnansky, Cit t ey
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Reso. 00-15