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RES-ORA-0299 Adopting a Replacement Housing Plan for Alice Clark Apartment ProjectRESOLUTION NO. ORA- 0299 A RESOLUTION OF THE ORANGE REDEVELOPMENT AGENCY ADOPTING A REPLACEMENT HOUSING PLAN FOR THE ALICE CLARK APARTMENT PROJECT 500 NORTH ORANGE STREET]WHEREAS, the California Redevelopment Law (Health and Safety Code Section 33000, et seq.) requires a redevelopment agency to adopt by resolution a replacement housing plan in connection with agency approval of an agreement for acquisition of real property, for the disposition and development of property, or an owner participation agreement, when such agreements would lead to the destruction or removal of dwelling units from the low and moderate income housing mark(~ t;WHEREAS, the Orange Redevelopment Agency (the" Agency") proposes to enter into an agreement regarding a site on which are located two (2) one (1) bedroom single family dwelling units the "Site") which may lead to the destruction or removal of those units from the low and moderate income housing market; and WHEREAS, the Agency proposes to enter into an Affordable Housing Agreement with Orange Housing Development Corporation, a California corporation (the "Participant") pursuant to which the Participant may remove two (2) single family dwelling units located on the Site and thereupon construct improvements which will contain either (a) four (4) one (1) bedroom units; or b) three (3) one (1) bedroom units and one (1) two (2) bedroom unit on the Site (the" Alice Clark Apartment Project"); and WHEREAS, the Agency has prepared a replacement housing plan for the Alice Clark Apartment Project (the "Replacement Housing Plan") pursuant to the requirements of Section33413.5 of the California Health and Safety Code, which Replacement Housing Plan is on file with the S(:cretary of the Agency and incorporated by reference herein; and WHEREAS, the Replacement Housing Plan was available for public review for a reasonable period of time prior to a timely and properly noticed public meeting at which the Agency considered the Replacement Housing Plan; and WHEREAS, the Site is located outside but within the vicinity of the Southwest Project Area the "Project Area"); and WHEREAS, the Alice Clark Apartment Project will be of benefit to the Project Area by increasing the supply of available low and moderate income housing; and WHEREAS, the Agency has reviewed the Replacement Housing Plan and considered all written comments and public testimony thereon, and believes that the Replacement Housing Plan is in accordance with the requirements of the Community Redevelopment Law and is in the best interests of the City of Orange and the health, safety and welfare of the citizens of Orange. PUBL:33173 _'13911 82359.00000.RESO No. ORA-0299 NOW, THEREFORE, the Orange Redevelopment Agency does hereby resolve as follows: Section 1. The Agency hereby approves and adopts the Replacement Housing Plan. Section 2. The Director of the Agency, or his designee, is authorized to implement the Replacement Housing Plan and to execute any documents and take any other actions necessary or convenient for the proper accomplishments of its purposes. Sedion 3. The Replacement Housing Plan will be of benefit to the Southwest Project Area by increasing the supply of available low and moderate income housing. Sedion 4. This Resolution shall take effect immediately upon adoption. AF'PROVED AND ADOPTED by the Orange Redevelopment Agency this ...12t.11iay of DQCQmbQI' , 1995. 1. i' / ~, -t ' 1 ,~' ;.. _.-'';' chairman, Orange RedevelopmentiAgency ATTEST::1 I hereby certify that the foregoing Resolution was duly and regularly adopted by the Orange Rf~evelopment Agency at a regular meeting thereof held on the 1 ?th day of December 1995, by the following vote:AYES: DIRECTORS: MURPHY, BARRERA, COONTZ, SPURGEON, SLATER NOES: DIRECTORS NONE ABSENT: DIRECTORS NONE ABSTAIN: DIRECTORS NONE Reso No. ORA-0299 2-cw