R 4131RESOLUTION N0.4131
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO
GRANDE FINDING THAT THE EXPENDITURE BY THE ARROYO
GRANDE REDEVELOPMENT AGENCY OF LOW AND MODERATE
INCOME HOUSING FUNDS OUTSIDE THE BOUNDARIES OF THE
ARROYO GRANDE REDEVELOPMENT PROJECT AREA BENEFITS
THE PROJECT AREA
WHEREAS, the Arroyo Grande Redevelopment Agency ("Agency") is a public body,
corporate and. politic, organized and existing under the California Community
Redevelopment Law (Health & Safety Code § 33000 et seq.); and
WHEREAS, the Agency and the City Council of the City of Arroyo Grande ("City" or
"City Council," as appropriate), in accordance with all applicable law, previously adopted
the Redevelopment Plan for the Arroyo Grande Redevelopment Project Area, as
amended ("Redevelopment Plan" or "Project Area," as applicable); and
WHEREAS, the Agency is obligated under the California Community Redevelopment
Law (the "CRL") to expend twenty percent (20%) of all taxes allocated to the Agency
pursuant to Health and Safety Code Section 33670 (the Agency's "Housing Funds") for
the provision of affordable housing; and
WHEREAS, in furtherance of its goals to improve, increase, and preserve the
community's supply of affordable housing, the Agency is proposing to purchase a single
family home located at 252 South Courtland Street, in the City of Arroyo Grande (the
"Property") from the owners thereof in order to avoid a foreclosure, for purposes of the
Agency's subsequent conveyance of the Property to an income-eligible household at a
restricted sales price; and
WHEREAS, the Property is not located in the Project Area; and
WHEREAS, the CRL provides that a redevelopment agency may not use its Housing
Funds outside of the project area unless it determines that the use will be of benefit to
the project; and
WHEREAS, staff recommends that the City Council find that the Agency's use of
Housing Funds outside of the Project Area is of benefit to the Project Area in that such
use will serve to increase, improve, and preserve the community's supply of affordable
housing, which is one of the primary goals of redevelopment and of the Redevelopment
Plan, and is of benefit to the Project Area; and
WHEREAS, all actions required by applicable law to be taken by the City precedent to
the adoption. of this Resolution have been taken in accordance with applicable law.
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RESOLUTION N0.4131
PAGE 2
NOW, THEREFORE, the City Council of the City of Arroyo Grande resolves as follows:
Section 1. The foregoing Recitals are true and correct and are incorporated herein.
Section 2. The City Council hereby finds and determines, in accordance with Health
and Safety Code Section 33334.2(8), that the Agency's use of Housing Funds outside
the Project Area will be of benefit to the Project Area in that such use will serve to
increase, improve, and preserve the community's supply of affordable housing, which is
one of the primary goals of redevelopment and of the Redevelopment Plan, and is of
benefit to the Project Area.
On motion of Council Member Costello, seconded by Council Member Fellows, and on
the following roll call vote, to wit:
AYES: Council Members Costello, Fellows, and Mayor Ferrara
NOES: None
ABSENT: Council Members Arnold and Guthrie
the foregoing Resolution was passed and adopted this 23rd day of September, 2008.
RESOLUTION NO. N131
PAGE 3
u
TONY FERR AYOR
APPROVED AS TO CONTENT:
~?iz:-~
S`~' E ADAMS, CITY MANAGER
APPROVED AS TO FORM:
OFFICIAL CERTIFICATION
I, KELLY WETMORE, City Clerk of the City of Arroyo Grande, County of San Luis'
Obispo, State of California, do hereby certify under penalty of perjury, that the attached
Resolution No. 4131 is a true, full, and correct copy of said Resolution passed and..
adopted at a regular meeting of the City Council/Redevelopment Agency of the City of
Arroyo Grande on the 23rd day of September 2008.
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 24th day of
September 2008.
KELLY TM E, CITY CLERK