ARA1994-14ANAHEIM REDEVELOPMENT AGENCY
RESOLUTION NO. ARA94-14
A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY FINDING THAT THE
USE OF TAXES ALLOCATED FROM THE ANAHEIM PROJECT FOR THE PURPOSE OF
IMPROVING AND INCREASING THE COMMUNITY'S SUPPLY OF LOW- AND
MODERATE-INCOME HOUSING OUTSIDE THE PROJECT AREA WILL BE OF BENEFIT
TO THE PROJECT
WHEREAS, the Anaheim Redevelopment Agency has prepared a proposed Recovery Plan
for the Anaheim Stadium Project which would result in the allocation of taxes from the Project
Area to the Anaheim Redevelopment Agency for purposes of redevelopment; and
WHEREAS, Section 33334.2 of the Health and Safety Code requires that not less than 20
percent of all taxes so allocated be used by the Agency for the purposes of improving and
increasing the community's supply of low- and moderate-income housing available at affordable
housing cost, unless certain findings are made; and
WHEREAS, Section 33334.2(g) of the Health and Safety Code provides that the Agency
may use such funds 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 Area.
NOW THEREFORE, BE IT FOUND AND RESOLVED BY THE ANAHEIM
REDEVELOPMENT AGENCY AS FOLLOWS:
That the use of taxes allocated from the Anaheim Stadium Project for the purposes
authorized in the Health and Safety Code related to improving and increasing the community's
supply of low- and moderate-income housing available at affordable costs outside the Project Area
and within the City of Anaheim will be of benefit to the Project.
9th
PASSED, APPROVED AND ADOPTED this _ day of August, 1994.
ATTEST:
Secretary
F:~OCS~DEVSVCS~RESOLUTN~LER0g04A.DOC
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, LEONORA N. SOHL, Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing
Resolution No. ARA94-14 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held
on the 9th day of August, 1994, by the following vote of the members thereof:
AYES: AGENCY MEMBERS: Feldhaus, Simpson, Pickler, Hunter, Daly
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: None
AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency signed said Resolution
No. ARA94-14 on the lOth day of August, 1994.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this lOth day of August, 1994.
SECRETARY OF THE AHEIM REDEVELOPMENT-"~ENCY
(SEAL)