HomeMy WebLinkAboutReso 153-1985 RESOLUTION NO. 153-85
CITY COUNCIL, 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 the City Council that such use will be of benefit
to the Project.
NOW, THEREFORE, BE IT RESOLVED by the City Council 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 low- 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 City Council of the City of South San Francisco at a regular
meeting held on the lOth day of July , 1985 by the following vote:
AYES:
NOES:
ABSENT:
Councilmembers Mark N. Addiego, Richard A. Haffey,
Gus Nicolopulos; and Roberta Cerri Teglia
None
Councilmember Emanuele N. Damonte
ATTEST: