HomeMy Public PortalAbout2006-029RESOLUTION NO. 2006.029
A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY
DETERMINING THAT THE PLANNING AND ADMINISTRATION EXPENSES
FOUND IN FISCAL YEAR 2006-2007 BUDGET UTILIZING THE LOW AND
MODERATE INCOME HOUSING FUND ARE NECESSARY FOR THE
PRODUCTION, IMPROVEMENT AND PRESERVATION OF AFFORDABLE
HOUSING FOR LOW AND MODERATE INCOME HOUSING
WHEREAS, the City Council of the City of Lynwood has heretofore adopted the
Redevelopment Plan for Project Area A by Ordinance No. 945 approved July 10, 1973;
and
WHEREAS, the City Council of the City of Lynwood has heretofore adopted the
Redevelopment Plan for the Alameda Project Area by Ordinance No. 993 on November
18, 1975; and
WHEREAS, the Lynwood Redevelopment Agency has heretofore adopted the
Redevelopment Plan for the Redevelopment Project Area A on July 10, 1973 and the
Alameda Project Area Plan on November 18, 1975, (collectively "Redevelopment
Project Areas") respectively; and
WHEREAS, pursuant to Section 33334.2 (a) of the California Community
Redevelopment Law (Health and Safety Code Section 33000 et seq.) not less than 20%
of all taxes which are allocated to the Agency shall be set aside by the Agency in a Low
and Moderate Income Housing Fund and used by the Agency for the purpose of
increasing, improving and preserving the community's supply of low and moderate
income-housing available at affordable housing costs to people and families of low-and
moderate income; and
WHEREAS, pursuant to Section 33334.3 (d) of the California Community
Redevelopment Law (Health and Safety Code Section 33000 et seq.) it is the intent of
the California State Legislature that the amount of money spent for planning and
general administrative activities from the Low and Moderate Income Housing Fund not
be disproportionate to the amount actually spent for the cost of production, improvement,
or preservation of Low and Moderate Income Housing; and
WHEREAS, the Agency has reviewed the- staff report recommending $137,140
from the Project Area A Low and Moderate Income Housing fund towards the planning
and administrative expenses for Project Area A and $137,140 from the Alameda Project
Area Low and Moderate Income Housing fund towards the planning and administrative
expenses; and
NOW THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the
City of Lynwood, as follows:
1. For the fiscal year 2006-2007 budget the Agency hereby determines
that it is necessary to allocate $137,140 from Project Area A Low and
Moderate Housing fund for the planning and administrative expenses
necessary for the production, improvement, and preservation of low
and moderate income housing.
2. For the fiscal year 2006-2007 budget the Agency further determines
that it is necessary to allocate $137,140 from Alameda Project Area
Low and Moderate Income Housing Fund for the planning and
administrative expenses necessary for the production, improvement,
and preservation of low and moderate income housing.
3. The planning and administrative expenses proposed and set forth in
sections 1 and 2 above within the 2006-2007 budget are directly related
to the programs and activities relating to low and moderate-income
housing in said Redevelopment Project Areas.
4. This Resolution shall go into effect immediately upon its adoption.
PASSED, APPROVED AND ADOPTED this 20th day of June, 2006.
ATTEST:
Le icia Vasquez, Chairperson
. ~(,
Andrea L. Hooper, Secretary
APPROVED AS TO CONTENT:
N. Enrique artin z
Executiv irector
APPROVED AS TO FORM:
R Wald N. Wilson, Agency Counsel
Li(
Williams Rawlings
Deputy Executive Director
STATE OF CALIFORNIA )
)SS.
COUNTY OF LOS ANGELES)
I, the undersigned Secretary of the Lynwood Redevelopment Agency, do hereby
certify that the foregoing Resolution was passed and adopted by the City Council of the
City of Lynwood at a regular meeting held on the 20t" day of June, 2006.
AYES: MEMBERS, BYRD, JOHNSON, PEDROZA, SANTILLAN AND VASQUEZ
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
05
Andrea L. Hooper, City C erk
STATE OF CALIFORNIA )
)SS.
COUNTY OF LOS ANGELES)
I, the undersigned Secretary of the Lynwood Redevelopment Agency, do hereby
certify that the above foregoing is a full, true and correct copy of Resolution No.
2006.029 on file in my office and that said Resolution was adopted on the date and by
the vote therein stated.
Dated this 20t" day of June, 2006.
41 ~.
Andrea L. Hooper, City Clerk