CC Resolution 2000-091 RESOLUTION NO, 2000-91
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA
AMENDING THE COMPREHENSIVE LOW AND MODERATE HOUSING
PROGRAMS FOR REDEVELOPMENT PROJECT AREA NOS. I AND 2
WHEREAS, the City Council of the City of La Quinta (the "City Council") is in
the process of implementing the Redevelopment Plan for Redevelopm~nt Project Area
No. 1 as adopted by City of La Quinta Ordinance No. 34 and Redevelopment Project
Area No. 2 as adopted by City of La Quinta Ordinance No. 139 (the "Projects"); and
WHEREAS, the Redevelopment Plans (the "Plans") for the Projects provide that
certain funds are to be made available to improve and expand the supply of low and
moderate income housing, in conformity with the provisions of Section 33334.2 of the
California Health and Safety Code; and
WHEREAS, the La Quinta Redevelopment Agency ("Agency") adopted programs
to provide assistance to both increase and improve the supply of affordable housing
for very low and moderate income households entitled the Comprehensive Low and
Moderate Income Housing Programs; and
WHEREAS, the Assessment/Hook-Up Fee Subsidy Program ("Program") is one
of the adopted programs, and was initially created to fund sewer-related property
owner assessment payments and sewer connection costs for very low, low and
moderate income households in Project Area No. 1 from the Low and Moderate Income
Housing Fund; and
WHEREAS, the Program was subsequently expanded to fund these costs for
future assessment districts in Project Area Nos. I and 2; and
WHEREAS, the Agency wishes to amend the Program to fund the property
owner assessment payments resulting from Assessment District 2000-2 underground
utility improvements in Project Area Nos. I and 2 for qualified very low, low and
moderate income households; and
WHEREAS, the Agency has accumulated sufficient Housing Funds of said
projects to implement the proposed amendment to the Program.
NOW, THEREFORE, the City Council of the City of La Quinta does resolve as
follows:
Resolution No. 2000-91
RDA Project Areas No. I & 2
Adopted: July 18, 2000
Page 2
1. The above recitals are true and correct.
2. The Agency approves amendment to the Program as proposed.
PASSED, APPROVED and ADOPTED this 18t" day July 2000 by the following
v ore:
AYES: Council Members Adolph, Henderson, Perkins, Sniff, Mayor Pe~a
NOES: None
ABSENT: None
ABSTAIN: None ~
JO PE ~yor
City of La Quinta, California
ATTEST:
JU CMC,
City of La Quinta, California
(City Seal)
APPROVED AS TO FORM:
~'ERI~EJ~Att
M. orney
City of La Quinta, California