CC Resolution 1991-001^"= RESOLUTION NO. 91-1
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA
QUINTA APPROVING THE COMPREHENSIVE LOW AND
MODERATE INCOME HOUSING PROGRAMS FOR
REDEVELOPMENT PROJECTS NO.1 AND NO.2
WHEREAS, the City Council of the City of La Quinta the City CounciI**) is in the process
of implementing trie Redevelopment Plan for Redevelopment Project No.1 as a*optea by C*ty
of La Ouinta Ordinance No.34 ana Redeveiopment Pro*ect No.2 as adopted by City of La
Quinta Oranance No.139 the Projects'); ana
WHEREAS, the Redevelopment Plans the Plans') for the Projects provide that certain
*unas are to be made available to improve ana expand the supply of low and moderate income
nousing, in conformity with the provisions of Sect*cn 33334.2 of the California Health and Safety
Coce; ana
WHEREAS, the Agency has accumulated in excess of $5C0,CCO in the Housing Funds of
said projects; and
WHEREAS, the Agency has prepared a program to provide assistance to ooth increase
and improve the supply of affordable nousing for very low and moderate income nousenclds
entitled the Comprehensive Low and Moderate Income Housing Programs the Programs')
NOW, THEREFORE, the City Council of the City of La Cuinta does reso*ve as follows:
F 1. The above recitals are true and correct.
2. The City Council approves the Program,
3 The Executive Director, sub';eot to approval of Agency Counsel* is authorized to
exec*te on behalf of the Agency all accuments necessary and proper to effectuate tne
provisions of the Program.
PASSED, APPROVED AND ADOPTED this *day of January 1991 by tne
following vote:
AYES: Council Members Bohnenberger, Franklin, Rushworth, Sniff & Mayor Pena
NOES: None
ABSENT: None
ABSTAIN: None
&;rK* *
BIB]
07-30-1998-U01
08:31:42AM-U01
CCRES-U02
91-1-U02