RDA Resolution 2000-08 RESOLUTION NO. RA 2000-08
A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY
AMENDING THE COMPREHENSIVE LOW AND MODERATE HOUSING
PROGRAMS FOR REDEVELOPMENT PROJECT AREA NOS. I AND 2
WHEREAS, the La Quinta Redevelopment Agency (the "Agency") is in the
process of implementing the Redevelopment Plan for Redevelopment Project Area No.
I 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 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 La Quinta Redevelopment Agency does resolve as
follows:
Resolution No, RA 2000-08
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.
3. The Executive Director, subject to approval of the City Attorney, 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 18th day July 2000 I~y the following
vote:
AYES: Members Adolph, Pe~a, Perkins, Sniff, Chair Henderson
NOES: None
ABSENT: None
ABSTAIN: None
La Quinta Redevelopment Agency
ATTEST:
La Quinta Redevelopment Agency
(Agency Seal)
Resolution No. RA 2000-08
RDA Project Areas No. I & 2
Adopted: July 18, 2000
Page 3
APPROVED AS TO FORM:
M.K~ATH~RINE~J~y Counsel
La Quinta Redevelopment Agency