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Resolution Number CRA 90-12-11-1RESOLUTION NO. CRA 90-12-11-1 FINDINGS RE: MEETING LOW- AND MODERATE -INCOME HOUSING NEEDS A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, MAKING CERTAIN FINDINGS WITH RESPECT TO THE EFFORTS OF THE CITY OF SAN JUAN CAPISTRANO AND THE AGENCY TO MEET THE LOW- AND MODERATE -INCOME HOUSING NEEDS IN THE COMMUNITY AND DIRECTING CERTAIN TRANSMITTALS WHEREAS, a Redevelopment Plan for the City of San Juan Capistrano Redevelopment Area (Redevelopment Area) was approved and adopted by the City of San Juan Capistrano (City on July 12, 1983, by Ordinance No. 488, as amended by Ordinances Nos. 590, 547 and 582; and, WHEREAS, the Redevelopment. Agency, City of San Juan Capistrano, California (the Agency) is engaged in activities necessary and appropriate to carry out such Redevelopment Plan; and, WHEREAS, pursuant to Section 33334.2 of the California Community Redevelopment Law (Health and Safety Code Section 33000 et seq) the Agency is required to establish a Low- and Moderate -Income Housing Fund for such Redevelopment Project, and to deposit therein not less than twenty percent (20%) of the tax increment funds allocated to the Agency for the Project in the applicable Fiscal Year, except as necessary to pay for existing projects, programs, or activities pertaining to the Projects; and, WHEREAS, the Agency, pursuant to subdivision (f) of Section 33334.2 of the Community Redevelopment Law, has prepared a proposed Statement of Findings for the San Juan Capistrano Redevelopment Area and submitted such Statement to the City Council of the City of San Juan Capistrano and the Department of Housing and Community Development in a timely manner, as presented in Exhibit "A", attached hereto. NOW, THEREFORE, BE IT RESOLVED, by the San Juan Capistrano Community Redevelopment Agency, City of San Juan Capistrano, California, as follows: SECTION 1. The Community Redevelopment Agency hereby finds and determines that a substantial effort to meet the low- and moderate -income housing needs in the community is being made by the City and the Agency, that this effort, including the obligation of funds currently available for the benefit of the community from state, local, and federal sources for low- and moderate -income housing along or in combination with the taxes allocated pursuant to Health and Safety Section 33334.2 is equivalent in impact to the funds otherwise required to be set aside pursuant to said section of the Health and Safety Code. -1- SECTION 2. The Agency Secretary, in cooperation with the Finance Officer of the Agency, is hereby authorized and directed to transmit a copy of this resolution to the State of California, Department of Housing and Community Development, along with any and all factual information supporting this resolution as required by Health and Safety Code Section 33334.2(b) within ten (10) days of the adoption of this resolution. PASSED, APPROVED, AND ADOPTED this 11th day of december , 1990. lge�,re- L-0M-RENCE F. C ,CHAIRMAN ATTEST: Af CY ECRETARY STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF SAN JUAN CAPISTRANO ) I, JEFFREY C. PARKER, Agency Secretary of the San Juan Capistrano Community Redevelopment Agency, DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No. CRA 90-12-11-1 adopted by the Board of Directors of the San Juan Capistrano Community Redevelopment Agency, at a regular meeting thereof held on the 11th day of December , 1990, by the following vote: AYES: Directors Jones, Friess, Vasquegi and Chairman Buchheim NOES: None ABSTAIN: None ABSENT: Director Hausdorfer (SEAL) EXHIBIT A SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY STATEMENT OF FINDINGS June 30, 1990 Total Funding in Excess of Requirements @ 6/30/89 Resolution #90-4-3-1 Tax Increment 1989-90 Total Subject to Set Aside State of California Health and Safety Code Sec. 33334.2 Required Set Aside Total Set Aside Required for 1989-90 Total Funding for Low/Moderate Income Housing 1989-90 (see below) Total Funding in Excess of Requirements As of June 30, 1990 Funding for Low/Moderate Income Housing 1989-90 885,584 1,471,701 1,471,701 20% 294,340 44,500 $ 635,744 Description Exependiture Neighborhood Preservation Capistrano Villas, Casa de Capistrano $ 44,500 Total Funding for Low/Moderate Income $ 44,500 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. AFFIDAVIT OF POSTING CITY OF SAN JUAN CAPISTRANO ) JEFFREY C. PARKER, being first duly sworn, deposes and says: That he is the duly appointed and qualified Agency Secretary of the San Juan Capistrano Community Redevelopment Agency; That in compliance with State laws of the State of California and in further compliance with City Resolution No. CRA 83-12-20-1 and on the 13th day of December , 1990 she caused to be posted: RESOLUTION NO. CRA 90-12-11-1 , being: FINDINGS RE: MEETING LOW- AND MODERATE -INCOME HOUSING NEEDS A RESOLUTION OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, MAKING CERTAIN FINDINGS WITH RESPECT TO THE EFFORTS OF THE CITY OF SAN JUAN CAPISTRANO AND THE AGENCY TO MEET THE LOW- AND MODERATE -INCOME HOUSING NEEDS IN THE COMMUNITY AND DIRECTING CERTAIN TRANSMITTALS in three (3) public places in the City of San Juan Capistrano, to wit: City Hall; Old Fire Station Recreation Complex; Orange County Public Library. CHECK LIST RES. NO. CRA 'Chairman has signed / Secretary has signed Agency Seal stamped All blanks typed �n "Absent" /J "Noes" "Abstain" Copies sent to post file mai_tcertified / I Legal Publication ordered to be published (date) No. Printed copies required Remarks �3 �lk e G Y . PARKER, Agency Secretary an apistrano, California