CC Resolution 1989-051^!R9V RESOLUTION NO. 89-51
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF LA QUINTA FINDING THAT THE USE OF TAXES
ALLOCATED FROM REDEVELOPMENT PROJECT NO. 2
FOR THE PURPOSE OF HOUSING OUTSIDE THE
PROJECT AREA WILL BE OF BENEFIT TO THE
PROJECT.
WHEREAS, the La Quinta Redevelopment Agency the *Agency*)
has prepared a proposed Redevelopment Plan the Plan") for
Redevelopment Project No. 2 the Project"); and
WHEREAS, the Plan provides for the allocation of taxes from
the Project Area the Project Area") to the Agency pursuant to
Section 33670(b) of the Health and Safety Code; 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 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 such funds may be used outside a 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, THE CITY COUNCIL OF THE CITY OF LA QUINTA
DOES HEREBY FIND AND RESOLVE that the use of taxes allocated
from the Project Area for the purpose of improving and
increasing the community's supply of low- and moderate-income
housing available at affordable housing cost outside the
Project Area and within the City of La Quinta will be of
benefit to the Project.
PASSED and ADOPTED by the City Council on this 2nd day of
May 1989 by the following:
AYES: Council Members Eohnenberger, Rushworth, Sniff,
Mayor Pena
NOES: None
ABSENT: Council Member Bosworth
ABSTAIN: None
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07-22-1998-U01
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^!R9V *PA,yor*
City of La Quinta
City of La Quinta
APPROVED AS TO FORM:
BARRY BRANDT, City Attorney
City of La Quinta
04/27/89
3684n/2338/04 2- RESO NO.
BIB]
07-22-1998-U01
11:00:10AM-U01
ADMIN-U01
CCRES-U02
89-U02
51-U02