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93-241 RESOLUTION NO. 93R-241 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, FINDING THAT THE USE OF TAXES ALLOCATED FROM THE COMMERCIAL/INDUSTRIAL REDEVELOPMENT PRO4-ECT FOR THE PURPOSE OF IMPROVING AND INCREASING THE COMMUNITY'S SUPPLY OF LOW AND MODERATE INCOME HOUSING OUTSIDE THE PROJECT AREA %~ILL BE OF BENEFIT TO THE PROJECT WHEREAS, the Anaheim Community Redevelopment Commission, has prepared a proposed Redevelopment Plan for the Commercial/Industrial Redevelopment Project which would result in the alloeation of taxes fi'om the Project Area to the Anaheim Redevelopment Agency for purposes of redevelopment; and WHEREAS, Section 33334.2 of the California CommtwJty Redevelopment Law (Health and Safety Code Section 33000 e_t ~eq,) requires that not less than 20 percent ofall 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. NOW THEREFORE, BE IT FOUND AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANAHEIM AS FOLLOWS: That the use of taxes allocated from the Commercial/Industrial Redevelopment Project for the purposes authorized in the California Community Redevelopment Law and 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. ADOPTED AND APPROVED TI-[IS 1~4 DAY OF December , 1993. ATTEST: '~May°~r ~~' City Clerk APPROVED AS TO/~~ -. RESOLUTION NO. STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CiTY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 93R-24~ was introduced and adopted at a regular meeting provided by law, of the Anaheim City Council held on the 14th day of December, 1993, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Fetdhaus, Simpson, Pickler, Hunter, Daly NOES: COUNCIL MEMBERS: None ASSENT: COUNCIL MEMBERS: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Resolution No. 93R-241 on the 15th day of December, 1993. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 15th day of December, 1993. CITY CLERK OF THE CiTY OF ANAHEIM (SEAL) r I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby cer~tify that the foregoing is the original of Resolution No. 93R-24]_ was duly passed and adopted by the City Council of the City of Anaheim on December 14, 1993. CITY CLERK OF THE CITY OF ANAHEIM