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Resolution Number CRA 05-08-16-02RESOLUTION NO. CRA 05-08-16-02 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY APPROVING THE REVISIONS TO THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY LITTLE HOLLYWOOD AFFORDABLE RENTAL HOUSING PROGRAM GUIDELINES & OPERATING PROCEDURES WHEREAS, the San Juan Capistrano Community Redevelopment Agency (the "Agency") owns the Little Hollywood project located on Assessor's Parcel Nos. 649- 281-05, 121-142-01 and 121-142-07 on Mission and Ramos Streets within the Los Rios District; and, WHEREAS, the Agency rents the housing units to low and very -low income households; and, WHEREAS, the Agency adopted the San Juan Capistrano Community Redevelopment Agency Little Hollywood Affordable Rental Housing Program Guidelines & Operating Procedures on April 18, 2000; and, WHEREAS, on August 16, 2005, the Agency adopted Declaration of Conditions, Covenants and Restrictions to make the units available for rent to low and very -low income households for a period of not less than 55 years to fulfill the Agency's inclusionary housing obligation; and, WHEREAS, the Agency Little Hollywood Affordable Rental Housing Program Guidelines & Operating Procedures require revisions to be consistent with the affordability covenants; and, WHEREAS, the Agency desires to make other modifications to the guidelines to better serve the tenants by providing for services designed to help the tenants increase job skills, nutrition, and/or other individual needs of each household. NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the San Juan Capistrano Community Redevelopment Agency, San Juan Capistrano, does hereby approve the revisions to the Little Hollywood Affordable Rental Housing Program Guidelines & Operating Procedures attached hereto as Exhibit A. ME PASSED,APPROVED,AN a ATTEST: JOE MONAHAN, SECRETARY STATE OF CALIFORNIA ) COUNTY OF ORANGE CITY OF SAN JUAN CAPISTRANO ) day of August, 2005. I, MARGARET R. MONAHAN, appointed Agency Secretary of the Community Redevelopment Agency of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution No. CRA 05-08-16-02 was duly adopted by the Board of Directors of the Community Redevelopment Agency at a regular meeting thereof, held the 16th day of August 2005, by the following vote: AYES: DIRECTORS: Bathgate, Hart, Allevato, Swerdlin, and Chairman Soto NOES DIRECTORS: None ABSENT: DIRECTORS: None V MARGARET R. ONAHAN, Agency Secretary -2-