R 3223
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RESOLUTION NO. 3223
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ARROYO GRANDE FINDING THAT USE OF TAXES ALLOCATED
FROM THE ARROYO GRANDE REDEVELOPMENT PROJECT AREA
FOR THE PURPOSE OF HOUSING OUTSIDE THE PROJECT
AREA WILL BE OF BENEFIT TO THE PROJECT
WHEREAS, the Arroyo Grande Redevelopment Agency ("Agency") has prepared a
proposed Redevelopment Plan ("Plan") for the Arroyo Grande Redevelopment Project
Area ("Project"); and,
WHEREAS, the Plan provides for the allocation of taxes from the Project Area ("Project
Area") to the Agency pursuant to Section 33670(b) of the Health and Safety Code; and.
WHEREAS, Section 33334.2 of the California Community Redevelopment Law (Health
and Safety Code Section 33000,et seq.) requires that no less than twenty percent
(20%) of all taxes so allocated be used for the purpose of improving, preserving, 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 a 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, BE IT RESOLVED by the City Council of the City of Arroyo
Grande as follows:
Section 1. The use of taxes allocated from the Project Area for the purpose of
improving, preserving, and increasing the community's supply of low- and moderate-
income housing available at affordable housing cost outside the Project Area and within
the City of Arroyo Grande will be of benefit to the Project.
On motion of Council Member Ladv J seconded by Council Member Fuller
and on the following roll call vote, to wit:
AYES: Council Members Lady, Fuller, and Mayor Dougall
NOES: None
ABSTAIN: Council Members Runels and Tolley
The foregoing Resolution was passed and adopted this 13th day of May ,
1997.
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RESOLUTION NO. 3223
PAGE 2
A. K. "PETE" DOUGALL, MAYOR
ATTEST:
11 a. ~
NANC~S, CITY CLERK
APPROVED AS TO FORM:
APPROVED AS TO CONTENT
~LilTL. ~I ~
ROBERT L HUNT, CITY MANAGER
I, NANCY A. DAVIS, 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 foregoing
Resolution No. 3223 is a true, full, and correct copy of said Resolution passed
and adopted at a regular meeting of said Council on the 13th day of May .
1997.
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 20th day
of M~y ,1997
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NANCY A. ~VIS, CITY CLERK
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