ARA-2010-002RESOLUTION NO. ARA -201 0 -002
A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY
ADOPTING THE FISCAL YEAR 2010/11 BUDGET
WHEREAS, on June 22, 2010, the City Council of the City of Anaheim (the "City") will
be conducting a public hearing (the "Budget Public Hearing ") regarding the City's proposed FY
2010/11 Operating Budget & Capital Improvement Program (the "City's FY 2010/11 Budget ");
and
WHEREAS, as part of the Budget Public Hearing, the City Council of the City will be
presented with, among other things, that portion of the proposed City's FY 2010/11 Budget for
the Community Development Department of the City; and
WHEREAS, the Community Development Department's proposed FY 2010/11 Budget
includes, among other things, the proposed FY 2010/1.1 Budget (the "Agency's FY 2010/11
Budget ") for the Anaheim Redevelopment Agency (the "Agency "); and
WHEREAS, the Agency's FY 2010 /11 Budget contains all of the following specific
information required by Section 33606 of the California Health and Safety Code:
(a) all activities to be financed by the Low and Moderate Income Housing Fund
established pursuant to California Health and Safety Code Section 33334.3,
(b) the proposed expenditures of the Agency,
(c) the proposed indebtedness to be incurred by the Agency,
(d) the anticipated revenues of the Agency,
(e) the work program for the coining year, including the goals of the Agency, and
(f) an examination of the previous year's achievements and a comparison of the
achievements with the goals of the previous year's work program.
WHEREAS, the Agency's FY 2010/11 Budget includes the proposed planning and
administrative expenditures (the "Low and Moderate Income Housing Planning and
Administrative Expenditures ") directly related to the programs and activities authorized under
subdivision (e) of Section 33334.2 of the California Health and Safety Code (the "Low and
Moderate Income Housing Activities ").
NOW, THEREFORE, THE GOVERNING BOARD OF THE ANAHEIM
REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. Adoption of Fiscal Year 2010/11 Budget. The Agency's FY 2010/11 Budget, as
set forth in the adopted City's FY 2010/11 Budget, is hereby approved and adopted, as required
under Section 33606 of the California Health and Safety Code.
Section 2. Planning and Administrative Expenditures. The Low and Moderate Income
Housing Planning and Administrative Expenditures included in the Agency's FY 2010/11
Budget are (i) necessary and proportionate to the proposed costs and expenditures related to the
Low and Moderate Income Housing Activities, and (ii) reasonable and necessary costs for the
production, improvement and preservation of low- and moderate - income housing, all in
accordance with subdivisions (d) and (e) of Section 33334.3 of the California Health and Safety
Code.
Section 3. Real Property Acquired with Low and Moderate Income Housing Fund Moneys.
With respect to all real property interests acquired by the Agency with moneys from the Low and
Moderate licome Housing Fund five (5) or more years ago, the Agency has initiated activities
consistent with the development of such property for the purpose of developing housing
affordable to persons and families of low and moderate income, as required under Section
33334.16 of the California Health and Safety Code.
THE FOREGOING RESOLUTION IS PASSED, APPROVED AND ADOPTED BY
THE GOVERNING BOARD OF THE ANAHEIM REDEVELOPMENT AGENCY THIS
TWENTY- SECOND (22ND) DAY OF JUNE, 2010, BY THE FOLLOWING ROLL CALL
VOTE:
AYES: Chairman Pringle, Agency Members Sidhu, Hernandez, Galloway, Kring
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
d _ 7 U_A.1 X�_ - ,
CHAIRMAN
ATTEST:
AGENCY SECRETARY
APPROVED AS TO FORM:
CRISTINA LrALLEY, CITY ATTORNEY
By:
J N E. WOODHEAD IV
Assistant City Attorney
77336.1
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