HomeMy WebLinkAboutReso RDA 69-1985 RESOLUTION NO. 69
REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO,
STATE OF CALIFORNIA
A RESOLUTION FINDING THAT THE USE OF
TAXES ALLOCATED FROM THE SOUTH SAN
FRANCISCO U.S. STEEL PLANT SITE REDE-
VELOPMENT PROJECT FOR THE PURPOSE OF
IMPROVING AND INCREASING THE COMMUNITY'S
SUPPLY OF LOW- AND MODERATE-INCOME
HOUSING OUTSIDE THE PROJECT AREA WILL BE
OF BENEFIT TO THE PROJECT
WHEREAS, the Redevelopment Agency of the City of South San
Francisco has prepared a proposed Redevelopment Plan for the South San
Francisco U.S. Steel Plant Site Redevelopment Project which would result in
the allocation of taxes from the Project Area to the Agency for purposes of
redevelopment; and
WHEREAS, Section 33334.2 of the California Community
Redevelopment Law (Health and Safety Code Section 33000 et seq.) requires
that not less than 20 percent of all taxes so allocated be used by the
Agency for the purpose of improving and increasing the community's supply
of low- and moderate-income housing available at affordable housing cost;
and
WHEREAS, Section 33334.2(g) of the Health and Safety Code
provides that the Agency may use such funds outside the Project Area if a
finding is made by resolution of the Agency and thc City Council that such
use will be of benefit to the Project.
NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency
of the City of South San Francisco that:
The use of taxes allocated from the South San Francisco U.S. Steel
Plant Site Redevelopment Project for the purpose of improving and
increasing the community's supply of ]ow- and moderate-income housing
available at affordable cost outside the Project Area and within the City of
South San Francisco will be of benefit to the South San Francisco U.S. Steel
Plant Site Redevelopment Project.
I hereby certify that the foregoing Resolution was regularly
introduced and adopted by the Redevelopment Agency of the City of South
San Francisco at a regular meeting held on the 10th day of July, 1985 by
the following vote:
AYES: Chairman Richard A. Halley, Vice Chairperson R0berta Cerri leg]ia,
Member Mark N, Add!e§0, Member Gus Nic0]opu]0s
NOES: NONF
ABSENT: Member £manue]e N. Dam0nte
Chair lo of
the City of South Si '
ATTEST:
Redevelopment Agency of the
City of South San Francisco
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