CC Resolution 1991-009^"> RESOLUTION NO. 91-9
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 1City Council") is in the process
of implementing the Redevelopment Plan for Redevelopment Project No.1 as adopted by City
of La Quinta Ordinance No.34 and Redevelopment Project 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 Agency has accumulated in excess of $500,000 in the Housing Funds of
said projects; and
WHEREAS, the Agency has prepared a program 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 the Programs").
NOW, THEREFORE, the City Council of the City of La Quinta does resolve as follows:
1. The above recitals are true and correct.
2. The City Council approves the Program.
3. The Executive Director, subject to approval of Agency Counsel, is authorized to
execute on behalf of the Agency all documents necessary and proper to effectuate the
provisions of the Program.
PASSED, APPROVED AND ADOPTED this l5thday of January 1991 by the
following vote:
AYES: Council Members Bohnenberger, Franklin, Rushworth, Sniff
and Ma'jor Pena
NOES: None
ABSENT: None
ABSTAIN: None
Mayo
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