RDA Resolution 1989-07 RESOLUTION NO. RDA 89-7
RESOLUTION OF THE LA QUINTA REDEVELOPMENT
AGENCY 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 PlanZ) for
Redevelopment Project No. 2 the Project'Z); 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
seZ.) 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 the 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 LA QUINTA REDEVELOPMENT AGENCY 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 La Quinta Redevelopment Agency on
this 2nd day of May 1989.
AYES: Mr. Bohnenberger, Rushworth, Sniff, Chairinan Pena
NOES: None
ABSENT: None
ABSTAIN: Mrs. Eosworth
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RESOLUTION NO RA 89-7
La Quinta deve prnent Agency
ZANDRA L. JUHOLZK, Secretary
La Zuinta Redevelopment Agency
APPROVED AS TO FORM:
BARRY BRANDT, city Attorney/Agency General Counsel
La Quinta Redevelopment Agency
04/27/69
3681n/2336/04 2- RESO NO.
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