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HomeMy WebLinkAbout81-196 - ResolutionsRESOLUTION NO. 81-196 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA FINDING AND DECLARING THAT THE PROVISION OF LOW- AND MODERATE-INCOME HOUSING OUTSIDE THE RANCHO REDEVELOPMENT PROJECT AREA IS OF BENEFIT TO THE PROJECT AREA ~HEREAS, Section 33334.2 (g) of the California Health and Safety Code requires that not less than 20 percent of all taxes which are allocated to the Redevelopment Agency shall be used by the Redevel- opment Agency for purposes of increasing and improving the community's supply of low- and moderate-income housing unless the Redevelopment Agency finds that the provision of low and moderate income outside the Rancho Redevelopment Project Area would be of benefit to the Redevel- opment Project Area; and WHEREAS, the purpose of the Redevelopment Plan for the Rancho Redevelopment Project is to revitalize blighted areas and promote redevelopment activities for the establishment of new residential, commercial, and industrial uses. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does resolve as follows: SECTION 1: The City Council of the City of Rancho Cucamonga finds and declares that the provision of low- and moderate-income housing outside the Rancho Redevelopment Project Area is of benefit to the Rancho Redevelopment Project Area. SECTION 2: The City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED, and ADOPTED this 16th day of December, 1981. AYES: Frost, Mikels, Bridge, Schlosser NOES: None ABSENT: Patombo PhilX~ D. Schlosser, Mayor ATTEST: ~ss~erma~C:erk