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HomeMy WebLinkAboutResolution 91-225 08/05/1991~es®Il-,~t~®~ N®. 91-225 N.C.S. of the City of Petaluma, California RESOLUTION CONCURRING WITH PETALUMA COMMUNITY DEVELOPMENT COMMISSION RECOMMENDATIONS ON USE OF LOW AND MODERATE INCOME HOUSING FUNDS FROM THE CENTRAL BUSINESS DISTRICT PROJECT AREA WHEREAS, the PCDC adopted Resolution #91-02 on July 15, 1991 which established findings and a recommendation not. to set aside 20% in tax increment revenues for the Low and Moderate Income Housing Fund from the Central Business District Project Area; and WHEREAS, State law provides,for not setting aside funds and requires the City Council to concur with the recommendatlon. NOW, THEREFORE BE IT RESOLVED that the City council of the City of Petaluma hereby concurs with the findings and recommendation in the PCDC Resolution #91-02. 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) (.~~II4S~~~~~C)~ meeting f°~' on the .-...5th ............. day of _............-....AUgUSt.........................., 19..-91, by the /'.._. following vote tt ney AYES: Read, Davis, Cavanagh, Vice Mayor Woolsey, Mayor Hilligoss NOES: Nelson ABSENT: Sobe ATTEST : .............. .... -.. - .....-........ .......-..-..-........................ -. .. -.... ............-.-..-•-------• City ~~~~~ ~0~~ ~ E~al~ Mayor Gbuncil File ...................°-•----......... CA 10-85 Res. No.........9.1.-.2..~~..5..... N.C.S.