ARA1992-04RESOLUTION NO. ARA92-4
A RESOLUTION OF THE ANAHEIM REDEVELOPMENT
AGENCY DETERMINING THE AMOUNT WHICH THE
AGENCY IS EXCUSED FROM DEPOSITING IN THE LOW
AND MODERATE INCOME HOUSING FUND FOR THE
1990-1991 FISCAL YEAR ON ACCOUNT OF
REDEVELOPMENT PROJECT ALPHA; AND FINDING AND
DETERMINING THAT LESS THAN TWENTY PERCENT
(20%) OF THE TAXES ALLOCATED TO THE AGENCY
PURSUANT TO HEALTH AND SAFETY CODE
SECTION 33670 IS THE AMOUNT REQUIRED TO BE
FUNDED BECAUSE THE REQUIREMENTS OF HEALTH
AND SAFETY CODE SECTION 33334.2(a)(3) HAVE
BEEN MET
WHEREAS, the Anaheim Redevelopment Agency is a community
redevelopment agency organized and existing under the California
Community Redevelopment Law, Health and Safety Code
Section 33000, et seq. (the "Act"); and
WHEREAS, the City Council of the City of Anaheim (the "City
Council") adopted the Redevelopment Plan (the "Plan") for the
Alpha Redevelopment Project ("Project Alpha") on July 19, 1973
by Ordinance No. 3190, and as the Plan was first amended by the
City Council on July 20, 1976 by Ordinance No. 3567, and as said
plan was second amended by the City Council on November 30, 1976
by Ordinance No. 3631, and as the Plan was third amended by the
City Council on January 5, 1982 by Ordinance No. 4300; and
WHEREAS, the Anaheim Redevelopment Agency is engaged in '
activities necessary and appropriate to carry out the Plan for
Project Alpha; and
WHEREAS, pursuant to Section 33334.6 of the Act, the Agency
was required to establish a Low and Moderate Income Housing Fund
("Housing Fund") for Project Alpha for the Fiscal Year 1985-1986
and for each fiscal year thereafter, and to deposit into the
Housing Fund not less than twenty percent (20%) of the tax
~ncrement funds allocated to the Agency for Project Alpha in the
applicable fiscal year; and
WHEREAS, pursuant to subsection (c) of Section 33334.6 and
subsection (a)(3) of Section 33334.2, an Agency may deposit less
than twenty percent (20%) of the taxes which are allocated to
the Agency pursuant to Section 33670 for the purposes of
increasing, improving and preserving the community's supply of
low and moderate income housing available at affordable housing
cost as defined by Section 50052.5, to persons or families of
low or moderate income as defined in Section 50093, and very low
~ncome households as defined as Section 50105, if it is found
that the community is making .a substantial effort to meet its
existing and projected housing needs, including its share of
regional housing needs, with respect to persons and families of
low and moderate income, particularly very iow income
households, as identified in the Housing Element of the
community's general plan required by Article 10.6 (commencing
with Section 65580) of Chapter 3 of Division 1, of Title 7 of
the Government Code, and that this effort, consisting of direct
financial contributions of local funds used to increase, improve
and preserve the supply of housing affordable to persons and
families of low or moderate income and very low income
households, is equivalent in impact to the funds otherwise
required to be set aside pursuant to Section 33334.2 and
Section 33334.6; and
WHEREAS, in addition to any other local funds, the direct
financial contributions heretofore described may include federal
or state grants paid directly to a community in which the
community has the discretion of using for the purposes for which
moneys in the Housing Fund may be used; and
WHEREAS, the Agency intends by this Resolution to find that
in the 1990-1991 Fiscal Year the community made such a
substantial effort to meet its existing and projected housing
needs, including its share of regional housing needs with
respect to persons and families of low and moderate income,
through direct financial contributions of local funds used to
increase and improve the supply of housing affordable to persons
and families of iow and moderate income, a percentage less than
twenty percent (20%) of all taxes which were allocated to the
Agency pursuant to Section 33670 may be determined; and
WHEREAS, for the Fiscal Year 1990-1991, the Agency expended
One Million Three Hundred Three Thousand Four Hundred Six
Dollars ($1,303,406) of direct contributions of local funds to
increase and improve the supply of housing affordable to persons
and families of low and moderate income in equivalent impact to
the funds otherwise required to be set aside pursuant to
Section 33334.2 and Section 33334.6 for the purposes and in the
amounts described in Exhibit "A" to this Resolution; and
WHEREAS, the programs and expenditures described in
Exhibit "A" to this Resolution are hereby incorporated by this
reference as if fully set forth in this Resolution; and
WHEREAS, the programs and expenditures described in
Exhibit "A" to this Resolution evidence the expenditure of One
Million Three Hundred Three Thousand Four Hundred Six Dollars
($1,303,406) of local funds to increase and improve the supply
of housing affordable to persons and families of low and
moderate income; and
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WHEREAS, twenty-percent (20%) of the taxes allocated to the
Agency pursuant to Section 33670 for the Fiscal Year 1990-1991
is the amount of Three Million Nine Hundred Seven Thousand,
Three Hundred Ninety-Six Dollars ($3,907,396); and
WHEREAS, the Agency intends by this Resolution to authorize
~he Agency Treasurer and Executive Director to take the steps
necessary to establish the amount of the funds deposited for the
1990-1991 Fiscal Year and all other steps necessary to carry out
the requirements of Section 33334.6.
NOW, THEREFORE BE IT RESOLVED by the Anaheim Redevelopment
Agency as follows:
o
The Agency hereby finds it has made a substantial effort
to meet its existing and projected housing needs,
including its share of regional needs, with respect to
persons and families of low and moderate income,
particularly very low income households, as identified
in the Housing Element of the City's General Plan
required by Article 10.6 (commencing with Section 65580)
of Chapter 3 of Division 1, of Title 7 of the Government
Code, and that this effort consisted of direct financial
contributions of One Million Three Hundred Three
Thousand Four Hundred Six Dollars ($1,303,406) of local
funds which were used to increase and improve the supply
of the housing affordable to persons and families of low
or moderate income and very low income households in
equivalent impact to the funds otherwise required to be
set aside pursuant to Section 33334.2 for the programs
described and the expenditures listed in Exhibit "A" to
this Resolution; and the Agency finds that an amount of
One Million Three Hundred Three Thousand Four Hundred
Six Dollars ($1,303,406), as more fully described in
Exhibit "A" to this Resolution, shall be deducted from
Three Million Nine Hundred Seven Thousand Three Hundred
Ninety-Six Dollars ($3,907,396), an amount equivalent to
twenty percent (20%) of all taxes which were allocated
to the Agency pursuant to Section 33670 for the
1990-1991 Fiscal Year, and the balance after such
deduction, Two Million Six Hundred Three Thousand Nine
Hundred Ninety Dollars ($2,603,990), shall be deposited
into the Housing Fund of Project Alpha pursuant to
Section 33334.6 and when funded by the Agency shall be
used for the purposes of increasing, improving and
preserving the community's supply of low and moderate
income housing available at an affordable housing cost
as defined by Section 50052.5, to persons and families
of low and moderate income as defined in Section 50093,
and very low income households as defined in
Section 50105.
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The Agency hereby authorizes and directs the Agency
Treasurer and the Agency Executive Director (or their
designees) to take the steps necessary to deposit said
monies into the Housing Fund of Project Alpha.
The foregoing Resolution No.ARA92-4was regularly introduced
and adopted at a meeting of the Anaheim Redevelopment Agency,
duly held on the 25th day of February , 1992.
PASSED, APPROVED AND ADOPTED ON THIS 25th day of February
1992.
ATTEST:
~._ ~~ _
SECRETARY OF Tlg~. ANAHEIM REDEVELOPMENT AGENCY
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STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF ANAHEIM )
I, LEONORA N. SOHL, Secretary of the Anaheim Redevelopment Agency, do hereby
certify that the foregoing Resolution No. ARA92-4 was passed and adopted at a
regular meeting of the Anaheim Redevelopment Agency held on the 25th day of
February, 1992, by the following vote of the members thereof:
AYES: AGENCY MEMBERS: Simpson, Ehrle, Pickler, Daly and Hunter
NOES: AGENCY MEMBERS: None
ABSENT: AGENCY MEMBERS: None
AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency
signed said Resolution No. ARA92-4 on the 26th day of February, 1992.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 26th day of
February, 1992.
SECRETARY OF THE ANAHEIM REDEVELOPMENT AGENCY
(SEAL)
1990-91
EXHIBIT "A"
HOUSING PROGRAM EXPENDITURES
CDBG Discretionary Funds 1990-91
Anaheim Interfaith Shelter Homeless
Shelter (Rehabilitation Loan)
Anaheim Interfaith Shelter Homeless
Shelter (Rehabilitation Loan)
Paint Your Heart Out Anaheim
Rehab Single Family
Rebates - L/M
Slum/Blight
Tool Rental
Rebates - Mulhifamily
Tool Rental Multifamily
Staffing Costs
$12
,000
4,000
23,677
271,360
38,099
14,425
2,487
8,875
736
201,130
Subtotal $576,789
Housinq Discretionary Funds
1. Brookhollow Parcel
Acquisition/other
2. RAPs
B o
costs
$371,892
$126,293
Subtotal $498,185
Bond Funds
i o
Staffing
Bonds Issuance Costs
S/F-RB
Bond Commitment 60,000.
Bond Commitment 105,000.
Ail Other 547.
$62,885
(So. Calif. Home Fin. Auth.)
(1991 Issue A Single Fam. Mort.
Bond. Prog.)
$165,547
Subtotal $228,432
Grand Total $1,303,406
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