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HomeMy WebLinkAboutReso 65-2000RESOLUTION NO. 65-2000 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO FINDING THAT THE PROVISION OF LOW AND MODERATE INCOME HOUSING BOTH INSIDE AND OUTSIDE OF THE AMENDED EL CAMINO CORRIDOR REDEVELOPMENT PROJECT AREA IS OF BENEFIT TO THE EL CAMINO CORRIDOR REDEVELOPMENT PROJECT AS AMENDED WHEREAS, the City Council of the City of South San Francisco is in the process of adopting a Second Amendment to the Redevelopment Plan for the E1 Camino Corridor Redevelopment Project Area to add territory to the Project Area; and WHEREAS, Section 33334.2 of the California Community Redevelopment Law (Health and Safety Code Section 33000 et seq.) requires that not less than twenty percent (20%) of all taxes so allocated be used by the Redevelopment Agency ("Agency") for the purpose of increasing and improving the community's supply of low and moderate income housing (the community being defined in the Community Redevelopment Law as the City of South San Francisco); and WHEREAS, Section 33334.2(g) of the California Community Redevelopment Law provides that the Agency may use such funds outside the Project Area if a finding is made by resolution of the Agency and the City Council of the City of South San Francisco that such use will be of benefit to the Project; and WHEREAS, The State Legislature has found that the provision of affordable housing by redevelopment agencies is of particular benefit and assistance to the community. NOW, THEREFORE, the City Council of the City of South San Francisco does hereby resolve as follows: Section 1. The use of taxes allocated from the Amended Project Area for the purpose of increasing and improving the community's supply of low and moderate income housing outside the Project Area and within the City of South San Francisco will be of benefit to the entire Project Area pursuant to the State Legislature's finding that the provision of affordable housing is of particular benefit and assistance to the community. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a Regular meeting held on the 14th day of June, 2000 by the following vote: AYES: Councilmembers Pedro Gonzalez, Eugene R. Mullin and John R. Penna, Mayor Pro Tern Joseph A. Fernekes and Mayor Karvl Matsumoto NOES: None. ABSTAIN: None. ABSENT: None. ATTEST: F:\WPD\MnrswX405X001XRedevelopment\E1 CaminoXHOUSING.RDA.wpd