RES-9516 Finding the Use of Taxes Allocated from Orange Merged and Amended Redevelopment Area BeneficialRESOLUTION NO. 9516
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ORANGE FINDING THAT THE USE OF TAXES
ALLOCATED FROM THE ORANGE MERGED AND
AMENDED REDEVELOPMENT PROJECT AREA FOR THE
PURPOSE OF INCREASING, IMPROVING, AND
PRESERVING THE COMMUNITY'S SUPPLY OF LOW AND
MODERATE INCOME HOUSING OUTSIDE THE ORANGE
MERGED AND AMENDED REDEVELOPMENT PROJECT
AREA WILL BE OF BENEFIT TO THE ORANGE MERGED
AND AMENDED REDEVELOPMENT PROJECT AREA
WHEREAS, the Orange Redevelopment Agency ("Agency") has undertaken steps to
amend and merge the Redevelopment Plans for the Tustin Street Original, Tustin Street
Amendment No. I, Southwest Original, Southwest Amendment No.1, Southwest Amendment
No.2, Southwest Amendment No.3, and Northwest Redevelopment Projects ("Merged and
Amended Redevelopment Project Area"); and
WHEREAS, the Agency is required to complete the actions prescribed by Sections
33354.6 and 33485 through 33489 of the California Community Redevelopment Law, Health
and Safety Code Section 33000 et seq. ("CRL"); and
WHEREAS, the Agency has prepared a draft Amended and Restated Redevelopment
Plan for the Orange Merged and Amended Redevelopment Project Area that would result in the
allocation of taxes from the Orange Merged and Amended Redevelopment Project Area to the
Agency for the purposes of redevelopment; and
WHEREAS, Section 33334.2 of the CRL requires that not less than 20 percent (20%) of
all taxes so allocated be used by the Agency for the purpose of increasing, improving, and
preserving the community's supply of low and moderate income housing available at affordable
housing cost; and
WHEREAS, Section 33334.2 of the CRL provides that the Agency may use such funds
outside the Orange Merged and Amended Redevelopment Project Area if a finding is made by
resolution of the City Council of the City of Orange and Agency that such use will be of benefit
to the Merged and Amended Redevelopment Project Area; and
WHEREAS, the Orange Merged and Amended Redevelopment Project Area contains
little or no vacant land zoned for residential uses, and limited property suitable for low and
moderate income housing.
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NOW, THEREFORE, the City Council of the City of Orange does hereby resolve as
follows:
Section I. The use of taxes allocated from the Orange Merged and Amended
Redevelopment Project Area for the purpose of increasing, improving, and preserving the
community's supply of low and moderate income housing available at affordable housing cost
outside the Orange Merged and Amended Redevelopment Project Area will be of benefit to the
Orange Merged and Amended Redevelopment Project.
ADOPTED this 25th day of September, 2001.
f the City of Orange
ATTEST:
li
ange
I hereby certifY that the foregoing Resolution was duly and regularly adopted by the City
Council of the City of Orange at a regular meeting thereof held on the 25th day of September,
2001, by the following vote:
AYES: COUNCILMEMBERS: SLATER, ALVAREZ, MURPHY, COONTZ, CAVECCHE
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
G
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