HomeMy WebLinkAboutReso RDA 16-2006
RESOLUTION NO. 16-2006
REDEVELOPMENT AGENCY, CITY OF SOUTH SAN FRANCISCO,
ST ATE OF CALIFORNIA
A RESOLUTION DETERMINING THAT PLANNING AND
ADMINISTRATIVE EXPENSES FOR FISCAL YEARS
2005-06 AND 2006-07 ARE NECESSARY FOR THE
PRODUCTION, IMPROVEMENT, OR PRESERVATION OF
LOW AND MODERATE INCOME HOUSING PURSUANT
TO SECTION 33334.3 OF THE CALIFORNIA HEALTH
AND SAFETY CODE
WHEREAS, Section 33334.3(d) of the California Health and Safety Code (the
Code) states that Inoneys in the Redeveloplnent Agency's Low and Moderate InCOlne
Housing Fund (the Housing Fund) shall be used to increase, ilnprove, and preserve the
supply of low and Inoderate inCOlne housing within the territorial jurisdiction of the
Redeveloplnent Agency (the Agency); and
WHEREAS, the Code further states that it is the intent of the California
Legislature that the Housing Funds of California Redeveloplnent Agencies be used to the
Inaxilnuln extent possible to defray the costs of production, ilnprovelnent, and
preservation of low and Inoderate income housing; and
WHEREAS, the Code further states that the aInount of Inoney spent for planning
and general adlninistrative expenses within each Housing Fund should not be
disproportionate to the aInount actually spent for the costs of production, improvelnent,
or preservation of housing; and
WHEREAS, the Code further states that the Agency shall detennine annually that
the planning and adlninistrative expenses incurred in the Housing Fund are necessary for
the production, ilnprovelnent, or preservation of low and Inoderate incolne housing; and
WHEREAS, the Agency has determined that the amount spent in 2005-06 for
planning and administrative expenses in the Housing Fund were necessary for the
production, ilnprovement, or preservation of low and Inoderate incOlne housing and are
not disproportionate to the direct costs spent on the production, ilnproven1ent of
preservation of such housing in the overall Housing Fund budget; and
WHEREAS, the Agency has detennined that the aInount budgeted in 2006-07 for
planning and adlninistrative expenses in the Housing Fund are necessary for the
production, improvelnent, or preservation of low and Inoderate incOlne housing, and are
not disproportionate to the direct costs budgeted for the production, ilnprovement of
preservation of such housing in the overall Housing Fund budget.
NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency Board
of the City of South San Francisco hereby finds that the planning and administrative
NOW, THEREFORE, BE IT RESOLVED that the Redeveloplnent Agency Board
of the City of South San Francisco hereby finds that the planning and adlninistrative
expenses for fiscal years 2005-06 and 2006-07 are necessary for the production,
ilnprovelnent, or preservation of low and n10derate incOlne housing, pursuant to Section
33334.3 of the California Health and Safety Code.
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I hereby certify that the foregoing Resolution was regularly introduced and
adopted by the Redeveloplnent Agency of the City of South San Francisco at a Regular
Ineeting held on the 13th day of Decen1ber 2006 by the following vote:
AYES:
Boardlnelnbers Mark N. Addiego, Joseph A. Fernekes and Karyl Matsulnoto,
Vice Chair Pedro Gonzalez and Chair Richard A. Garbarino
NOES:
ABSTAIN:
ABSENT:
ATTEST: