HomeMy WebLinkAbout17601 - RESOLUTIONS - 7/19/1991 1ZESOI.bTzo1: No. 17601
OF THE CITY COUNCIL OF THE CITY OF PALMS
SPRINGS, CALIFORNIA, FINDING AND DECLARING
THAT THE PROVISION OF LOW- AND MODERATE-
INCOME DOUSING OUTSIDE THE CANYON
REDEVELOPMENT PROJECT AREA IS OF BENEFIT TO
6 THE CANYON REDEVELOPMENT PROJECT
r WHEREAS, the Community Redevelopment Agency of the City of
_ Palm Springs ("Agency") had proposed a Redevelopment Plan for the
Canyon Redevelopment Project Area (31Canyon Project Area") , and
WHEREAS, pursuant to Health and Safety Code- section 33334.2,
the Agency must set aside certain funds described in Section
33334.2 that are generated from within the Canyon Project Area
for the provision of low- and moderate-income housing within the
Canyon Project Area; and
WHEREAS, Health and Safety Code Section 33334.2(g) permits
and authorizes the Agency to utilize the funds described in
section 33334.2 that are generated from within the Canyon Project
Area in areas outside of the Canyon Project Area, upon a finding
of the Agency and City Council that the use of such funds outside
the Canyon Project Area will be of benefit to the Canyon Project
Area; and
WHEREAS, while thn Agency anticipates utilizing the funds
described in Health and Safety Code Section 33334.2 that are
generated from within the Canyon Project Area for the provision
of low- and moderate-income housing opportunities in the Canyon
Project Area, the Agency also recognizes and anticipates that use
of such funds outside the Canyon Project Area may be necessary
and beneficial in order to provide low- and moderate-income
housing opportunities and that use of such funds to provide such
_ low- and moderate-income housing opportunities outside the Canyon
Project Area would be of benefit to the Canyon Project Area; and
.. WHEREAS, the City Council concurs that use of such funds
outside the Canyon Project Area may be necessary and beneficial
in order to provide low- and moderate-income housing
4 opportunities and that use of such funds to provide such low- and
moderate-income housing opportunities outside the Canyon Project
Area would be of benefit to the canyon Project Area.
r
r
h
R17601
Page 2
NOW, THEREFORE BE IT RESOLVED the City Council of the City
of Palm Springs resolves as follows:
SECTION 1 The City Council finds and declares that the r,
provision of low- and moderate-income housing
outside the Canyon Redevelopment Project Area
will be of Benefit to the Canyon
Redevelopment Project.
SECTION-7— The City Clerk shall certify to the adopti-an
of this Resolution.
ADOPTED this 190 day of July 1991
AYES: Councilmembers Broich, Murawski, Neel and Mayor Bono
NOES: Councilmember (lodges
ASSZNT: None
ATT.1;S'l'= CITYF�P t SJIR�Y7'C5
.V
-City Clerk icy Manager
REVIEWED AND APPROVED:?
r
r