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HomeMy Public PortalAbout2006-045Resolution 2006.045 A RESOLUTION OF THE LYNWOOD REDEVELOPMENT AGENCY OF LYNWOOD, CALIFORNIA AUTHORIZING THE USE OF LOW AND MODERATE INCOME HOUSING FUNDS FOR A PROPERTY LOCATED OUTSIDE OF PROJECT AREA A AND ALAMEDA PROJECT AREA. WHEREAS, Section 33334.2(g) of the California Health and Safety Code declares that the Redevelopment Agency may use Low and Moderate Income Housing Funds "inside or outside of the Project Area(s). The Agency may only use these funds outside the Project Area(s) upon a resolution of the Agency and legislative body that the use (of these funds) will be of benefit to the project area;" and WHEREAS, the use of the low and moderate income housing funds for the Muriel Estates Project will be of benefit to the project area by creating housing restricted to low and moderate income households; and WHEREAS, Section 33334.2(a) of the California Health and Safety Code declares that Low and Moderate Income Funds shall be used by the Redevelopment Agency for the purpose of increasing, improving, and preserving the community's supply of low and moderate housing available at affordable housing costs to persons and families of low and moderate income; and WHEREAS, The Redevelopment Project Area A does not have extensive property zoned as residential within Project Area A as Project Area A lines the major thoroughfares of the City of Lynwood including Atlantic Blvd., Alameda Blvd., Long Beach Blvd, Imperial Highway, and Martin Luther King Blvd.; and WHEREAS, There is no property within the Alameda Project Area which is zoned or slated for residential development as it is primarily an active industrial and commercial area; and WHEREAS, Section 4.6 of the Third Five Year Redevelopment and Housing Implementation Plan for Project Area A and Alameda (hereinafter "Five Year Implementation Plan") approved in 2004 states that the Agency intends to "provide assistance for the construction of public improvements necessary for the development of new single family housing within and outside the project area. Such housing development shall consist of property owners and local developers converting vacant property into affordable and decent housing which will be of benefit to the Project Area." WHEREAS, Section 4.6 of the Five Year Implementation Plan states that the "Agency will assist with the construction of infill housing both within and outside the Project Area which will be of benefit to the Project Area"; and WHEREAS, Section 5.3(1) of the Five Year Implementation Plan requires that "Agency housing should benefit the Project Area and other City neighborhoods outside the Project Area"; and WHEREAS, Goal 2 of the Five Year Implementation Plan states that the Agency endeavors to "improve the housing quality of the existing housing stock through housing rehabilitation assistance and enforcement procedures"; and WHEREAS, the Muriel Estates Project located between Muriel & Thorson, identified within the Five Year Implementation Plan, will consist of six homes which will be restricted for sale to low and moderate income households for a term of no less than 45 years; and WHEREAS, the Muriel Estates Project is located approximately 1,500 sq. feet from Project Area A and approximately 12 city blocks east of the Alameda Project Area; NOW, THEREFORE, BE IT RESOLVED as follows: Section 1 The Lynwood Redevelopment Agency hereby finds and declares that the expenditure of the Low and Moderate Income Housing funds for housing projects, rehabilitation loans or grants outside of the project areas, and in particular, the specific Muriel Estates Project, will be of benefit to the Project Area A as the Muriel Estates Project is in close proximity to Project Area A and Alameda Project Area. Section 2 The expenditure of Low and Moderate Income Housing funds outside the Redevelopment Project Area A. and Alameda Project Area for Muriel Estates will provide low and moderate income residents within the Redevelopment Project Area A and Alameda Project Area reasonable and affordable housing and will be of benefit to the project areas. Section 3 This resolution shall go into effect upon passage. PASSED, APPROVED and ADOPTED this 5th day of September 2006. ICIA VASQUEZ, CHAIR ATTEST: ~, ANDREA L. HOOPER SECRETARY K I~ ENRIQ % E IAA TINEZ EXECU EVE DIRECTOR APPROVED AS M: RONALD N. WILSON AGENCY COUNSEL 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 Agency at its regular meeting held on the 5th day of SEPTEMBER , 2006. AYES: COUNCILMEMBERS, BYRD, JOHNSON, PEDROZA, SANTILLAN, AND VASQUEZ NOES: NONE ABSENT: NONE ABSTAIN: NONE Andrea L. Hooper, Secretary 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. 2006.045 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 5th day of SEPTEMBER , 2006. O~ Andrea L. Hooper, Secretary