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ARA1990-23RESOLUTION NO. ARAg0-23 A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY FINDING THAT THE USE OF TAXES ALLOCATED FROM THE PLAZA REDEVELOPMENT 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, thc Anaheim Redevelopment Agency has prepared a proposed Redevelopment Plan for the Plaza Redevelopment 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 California Community Redevelopment Law (Health and Safety Code Section 33000 et seq.) 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 thc Agency and the City Council that such use will be of benefit to the Project. NOW THEREFORE, BE IT RESOLVED BY THE ANAHEIM REDEVELOPMENT AGENCY AS FOLLOWS: That the use of taxes allocated from the Plaza 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 THISS~h. DAY OF ~Tvne ,1990. ATTEST: Secretary APPROVED AS TO FORM: Ag n~~gal)'~-~__~ou n~~el~~-~ 3119.anh/4 051690/tab 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. ARA90-23 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held on the 5th day of June, 1990, by the following vote of the members thereof: AYES' AGENCY MEMBERS' Daly, Ehrle, Kaywood, Pickler 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 on the 6th day of June, 1990. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 6th day of June, 1990. SECRETARY OF THE ANAHEIM REDEVELOPMENT AGENCY ( SEAL)