HomeMy WebLinkAboutReso 2011-065 - Shastec Redevelopment Project Area
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RESOLUTION NO. 2011 - 65
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
FINDING THAT THE USE OF TAXES ALLOCATED FROM THE SHASTEC
REDEVELOPMENT PROJECT AREA FOR THE PURPOSE OF IMPROVING,
PRESERVING, AND INCREASING THE COMMUNITY'S SUPPLY OF LOW-
AND MODERATE-INCOME HOUSING OUTSIDE THE PROJECT AREA
WILL BE OF BENEFIT TO THE PROJECT
WHEREAS, on June 18, 1996, City of Redding Ordinance No. 2151, City of Anderson
Ordinance No. 644, and Shasta County Ordinance No. 592 were introduced for first reading and
subsequently adopted on July 2, 1996, thereby approving the Redevelopment Plan for the SHASTEC
Redevelopment Project Area (SHASTEC Project Area); and
WHEREAS, the following resolutions were adopted finding that the use oftaxes allocated from
the SHASTEC Project Area for the purpose of improving and increasing the community's supply o flow-
and moderate-income housing outside the Project Area will be of benefit to the SHASTEC Project Area:
on June 18, 1996, Redding Redevelopment Agency Resolution No. 96-16 and Redding City Council
Resolution No. 96-129; on June 12, 1996, Anderson Redevelopment Agency Resolution No. 96-2 and
Anderson City Council Resolution No. 96-35; and on June 18, 1996, Shasta County Redevelopment
Agency Resolution No. 96-2 and Shasta County Board of Supervisors Resolution No. 96-98; and
WHEREAS, on October 3, 2006, City of Redding Ordinance No. 2373 and City of Anderson
746 were introduced for first reading and subsequently adopted on October 17, 2006, amending
Ordinance Nos. 2151 and 644, respectively, and thereby adopting the amendment to the Redevelopment
Plan for the SHASTEC Project Area adding additional territory; and .
WHEREAS, on October 24, 2006, Shasta County Ordinance No. 652 was introduced for first
reading and subsequently adopted on November 7, 2006, amending Ordinance No. 592 and thereby
adopting the amendment to the Redevelopment Plan for the SHASTEC Project Area adding additional
territory; and
WHEREAS, the following resolutions were adopted finding that the use of taxes allocated from
the SHASTEC Project Area for the purpose of improving and increasing the community's supply oflow-
and moderate-income housing outside the Project Area will be of benefit to the SHASTEC Project Area:
on October 3,2006, Redding Redevelopment Agency Resolution No. 2006-10 and Redding City Council
Resolution No. 2006-182; on October 3,2006, Anderson Redevelopment Agency Resolution No. 2006-
11 and Anderson City Council Resolution No. 2006-93; and on October 24, 2006, Shasta County
Redevelopment Agency Resolution No. 2006-8 and Shasta County Board of Supervisors Resolution No.
2006-171; and
WHEREAS, Section 33334.2 of the California Community Redevelopment Law [Health and ~
Safety (H&S) Code Section 33000 et seq.] requires that not less than twenty percent (20%) of all taxes
allocated to the Agency be used by the Agency for the purpose of improving, preserving, and increasing
the community's supply oflow- and moderate-income housing available at affordable housing cost; and "'"
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WHEREAS, Section 33334.2(g) of the H&S Code provides that an agency may use such funds
outside the project area if a finding is made by resolution of the agency and the legislative body that such
use will be of benefit to the project; and
WHEREAS, the Agency desires to allocate funds from the SHASTEC Project Area's Low- and
Moderate-Income Housing Fund (LMIHF) to assist in the financing of housing activities within the city
limits of the City of Redding both inside and outside of the SHASTEC Project Area boundaries, for the
purpose of meeting its regulatory obligations as set forth in H&S Code Sections 33334.4, 33413(a), and
33413(b); and
WHEREAS, pursuant to H&S Code Section 33334.6, the Legislature has found and declared
that the provision and improvement of affordable housing, as provided in H&S Code Section 33334.2,
outside of redevelopment project areas, can be of direct benefit to those projects in assisting the
accomplishment of project objectives whether or not those redevelopment projects provide for housing
within the project area.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDDING DOES
HEREBY FIND AND RESOLVE the following:
1. The foregoing recitals are true and correct.
2. That the use oftaxes allocated from the SHASTEC Project Area's LMIHF, both inside
and outside the Project Area, will be of benefit to the Project Area by: 1) assisting the Agency to meet
regulatory obligations contained in H&S Code Sections 33334.4, 33413(a), and 33413(b) through the
financing of affordable housing activities, including but not limited to, property acquisition, new
construction, and rehabilitation of existing units; 2) assisting in the accomplishment ofthe SHASTEC
Project Area's objectives; and 3) improving, preserving, and increasing the community's supply of
affordable housing.
I HEREBY CERTIFY that the foregoing resolution was introduced and read at a special
meeting of the Redding City Council on the 20th day of June, 2011, and was duly adopted at said
meeting by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBER:
COUNCIL MEMBER:
COUNCIL MEMBER:
COUNCIL MEMBER:
Bosetti, Dickerson, Jones, Sullivan, and McArthur
None
None
None
ATTEST:
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APPROVED AS TO FORM:
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