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ARA1983-046RESOLUTION NO. ARA83 -46 A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY FINDING THAT THE PROVISION OF LOW AND MODERATE INCOME HOUSING OUTSIDE THE RIVER VALLEY REDEVELOPMENT PROJECT AREA AND THE USE OF TAX INCREMENT REVENUES THEREFORE WILL BE OF BENEFIT TO THE PROJECT WHEREAS, the California Community Redevelopment Law (Health and Safety Code, Section 33000 et seq.) provides that under certain circumstances a proportion of the taxes which are allocated to the Anaheim Redevelopment Agency, pursuant to Section 33670 of the River Valley Redevelopment Project, shall be used by the Agency for the purposes of increasing and improving the City's supply of housing for persons and families of low or moderate income and very low income households; and WHEREAS, the proposed Redevelopment Plan for the River Valley Redevelopment provides that no residential uses shall be permitted in the Project area upon completion of redevelopment; and WHEREAS, said proposed Redevelopment Plan further provides for industrial and commercial uses to be located within the Project area, which uses will be depended upon in significant part by their employees and customers and other residents within the City of Anaheim, outside of the Project area, including persons and families of low and moderate income. NOW, THEREFORE, BE IT RESOLVED BY THE ANAHEIM REDEVELOPMENT AGENCY AS FOLLOWS: The Agency hereby finds and determines that the provision of low and moderate income housing outside the River Valley Redevelopment Project area and the use of tax increment revenues therefore will be of benefit to the Project. THE FOREGOING RESOLUTION is approved and adopted by the Anaheim Redevelopment Agency this 22nd day of November , 1983. Chairman ATTEST: Secretary 0186R STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ANAHEIM ) I, LINDA D. ROBERTS, Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing Resolution No. ARA83 - 46 was passed and adopted at a regular meeting of the Anaheim Redevelopment members thereof: held on n 22nd day of November, 1983, by the g AYES: AGENCY MEMBERS: Kaywood, Bay, Overholt, Pickier and Roth 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 22nd day of November, 1983. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 22nd day of November, 1983. 0 - 06 SECRETAR OF THE ANAHEIM REDEVELOPMENT AGENCY (SEAL)