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HomeMy WebLinkAboutResolution 91-343 11/18/1991.. , . -r ~es®Il.,ltl®Cl No. 91-343 N.C.S. of the City of Petaluma, California 2 RESOLUTION REPEALING RESOLUTION 91-130 AND 3 APPROVING AMENDED 1991-92 HOUSING PROGRAM WHEREAS, General Plan policy requires participation by market rate residential development projects, to assist with the provision of very low, low and moderate income housing; and, WHEREAS, one method of compliance with this policy is the payment of in-lieu housing fees by individual developers, the funds to be used to help meet the need for very low, low and moderate income housing; and, WHEREAS, the Redevelopment District is required to set-aside 20% of the tax increment for low and moderate income housing; and WHEREAS, on April 15, 1991, the City Council. met and discussed the allocation of said funds for the 1991-92 fiscal year; NOW, THEREFORE, BE IT RESOLVED that the following programs (as amended on May 20 and November 18, 1991) be undertaken in fiscal year 1991-1992: 1991-1992 HOUSING PROGRAM 1990-91 Additional Expenses: Temporary Shelter (Armory) $ 1,000. Human Services Center: Rehab 50,000 Water Line and Hydrant 4,000 1991-92 New Proposals: CITY 1991-92 Staff Overhead 50,000 Site Acquisition for Manufactured Housing 250,000 BHDC Site Acquisition 489,000 COTS National Guard Armory 30,000 PEP Site Acquisition (Payran) 296,000 PPSC Rental Assistance Programs/ Direct Assistance 20.000 $1,1.90,000 Rcs. Na ...... /. ~.-3.4.3...... N.C.S. ,. ~- 2 3 4 5 6 7 8 9 10 * Armory program and budget will be more specifically defined no later than August of 1991. housprog / bg4 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) (~~~~I~Kmeeting fO~ on the ....-18th--...-.._.. day of ..............November. ..................... 19..~.~. by the following vote: City Attor~ey AYES: Davis, Nelson, Vice Mayor Woolsey, Mayor Hilligoss NOES: None ABSENT: Re d, Ca , obel /~ ATTES'T' : ... . .............................. .•---.-...-. .~~....`--..._.._.,....-•-----....... City Clerk ~~. ~. / Y° Mayor Gbuncil File .................................... cA io-ss Hes. N~...91-34.3.......... N.~s.