Resolution Number 86-8-5-8331
RESOLUTION NO. 86-8-5-8
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN JUAN CAPISTRANO, CALIFORNIA, FINDING THAT
THE USE OF TAXES ALLOCATED FROM THE CENTRAL
REDEVELOPMENT PROJECT FOR THE PURPOSE OF
HOUSING OUTSIDE THE PROJECT AREA WILL BE OF
BENEFIT TO THE PROJECT - REDEVELOPMENT PLAN
AMENDMENT 86-1
WHEREAS, the Community Redevelopment Agency of the City
of San Juan Capistrano (the "Agency") has prepared a proposed
Redevelopment Plan Amendment 86-1 (the "Amendment") for the
Central Redevelopment Project (the "Project"), and,
WHEREAS, the Amendment provides for the allocation of
taxes from the Project Area, including without limitation the area
proposed to be added by the Amendment (together, the "Amended
Project Area"), and,
WHEREAS, Section 33334.2 of the California Community
Redevelopment Law (Health and Safety Code Section 3300 et seq.)
requires that not less that twenty percent (208) of all taxes so
allocated to be used for the purpose of improving and increasing
the community's supply of low and moderate income housing
available at affordable housing cost; and,
WHEREAS, Section 33334.2(g) of the Health and Safety
Code provides that such funds may be used 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, THE CITY COUNCIL OF THE CITY OF SAN JUAN
CAPISTRANO DOES HEREBY FIND AND RESOLVE that the use of taxes
allocated from the Amended Project Area for the purpose of
improving and increasing the community's supply of low and
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moderate income
housing available
at
affordable
housing cost
outside the Amended Project Area
3
and
within the
City of San Juan
:3
Capistrano will
be of benefit to
the
Project.
PASSED, APPROVED, AND ADOPTED this 5th day
Of August , 1986 "4&=
G Y L. HAUSDORFER, MAYOR PRO TEM
ATTEST:
VA 2'�'9/1
•� fir •
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, MARY ANN HANOVER, City Clerk of the City of San Juan
Capistrano, California, DO HEREBY CERTIFY that the foregoing is a
true and correct copy of Resolution No. 86-8-5-8 adopted by
the City Council of the City of San Juan Capistrano, California,
at a regular meeting thereof held on the 5th day of
August , 1986, by the following vote:
AYES: Councilmen Schwartze, Bland,
and Mayor pro tem Hausdorfer
NOES: None
ABSENT: Mayor Friess
ABSTAIN: Councilman Buchheim
( SEAL) ��!/ti
MA ANNER, CITY CLERK
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