HomeMy WebLinkAbout94-94 - Finding that Use of Taxes from Downtown Redevelopment Project for Housing Outside the Project Area Will Benefit ProjectRESOLUTION NO. 94-94
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COSTA MESA, CALIFORNIA, FINDING THAT THE USE OF
TAXES ALLOCATED FROM THE COSTA MESA
DOWNTOWN REDEVELOPMENT PROJECT FOR THE
PURPOSE OF HOUSING OUTSIDE THE PROJECT AREA
WILL BE OF BENEFIT TO THE PROJECT.
WHEREAS, the City Council of the City of Costa Mesa, California, (the "City Council")
did duly pass and adopt Ordinance No. 73-44 on December 24, 1973, and did thereby adopt and
approve the Redevelopment Plan for the Costa Mesa Downtown Redevelopment Project (the
"Redevelopment Plan"); and
WHEREAS, the Redevelopment Plan was amended by the City Council by Ordinance
No. 77-27 which was duly passed and adopted on July 5, 1977, Ordinance No. 80-22 which was
duly passed and adopted on November 1, 1980, and by Ordinance No. 86-24 which was duly
passed and adopted on December 15, 1986; and
WHEREAS, the Costa Mesa Redevelopment Agency (the "Agency") is considering the
adoption of a proposed amendment ("Amendment No. 3") to the Redevelopment Plan and has
prepared a proposed Redevelopment Plan therefore; and
WHEREAS, the Redevelopment Plan provides for the allocation of taxes from the Costa
Mesa Downtown Redevelopment Project (the "Project" or the "Project Area"); and
WHEREAS, Section 33334.2 of the Community Redevelopment Law, California Health
and Safety Code Sections 33000, et seq. (the "Community Redevelopment Law"), requires that
not less than twenty percent (20%) of all taxes so allocated be used for the purpose of
increasing, improving and preserving the community's supply of low and moderate income
housing available at affordable housing cost; and
WHEREAS, Section 33334.2(g) of the Community Redevelopment Law provides that
such funds may be used outside the Project Area if a finding is made by resolution of the
Agency and the City Council that such use will be of benefit to the Project.
NOW, THEREFORE, BE IF RESOLVED by the City Council of the City of Costa Mesa
as follows:
Section 1. The City Council of the City of Costa Mesa hereby finds and determines that
the use of taxes allocated from the Costa Mesa Downtown Redevelopment Project for the
purpose of increasing, improving and preserving the community's supply of low and moderate
income housing available at affordable housing cost outside the Project Area and within the City
of Costa Mesa will be of benefit to the Project.
PASSED AND ADOPTED this 12th day of October, 1994.
Mayor of the City of Costa Mesa
ATTEST:
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Deputy City lerk of the City of Costa Mesa
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF COSTA MESA )
I, MARY T. ELLIOTT, Deputy City Clerk and ex -officio Clerk of the City Council of
the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. 94-94 was
duly and regularly passed and adopted by the said City Council at a special joint City
Council/ Redevelopment Agency meeting, held on the day of 12th October, 1994.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City
of Costa Mesa this 13th day of October, 1994.
Deputy Cit Clerk and ex -officio Clerk of
the City Coy ncil of the City of Costa Mesa
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