Loading...
R-6856 " . e RESOLUTION NUMBER 6856 (CCS) (CITY COUNCIL SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA APPROVING THE PROVISION OF LOW AND MODERATE INCOME REPLACEMENT HOUSING AND FINDING THAT SUCH EXPENDITURE WILL BE OF BENEFIT TO THE OCEAN PARK REDEVELOPMENT PROJECT l(b). WHEREAS, It IS the policy of this locality to assure an adequate supply of standard housing affordable to low and moderate income persons and familIes; and WHEREAS, Ocean Park Redevelopment Projects l(b) and (here1nafter "Project") has been establIshed 1n the CIty of Santa Monica in the area bordered by the south C1ty limits, Ocean Park Boulevard, Neilson Way and the Ocean; WHEREAS, the Ocean Park Redevelopment Project caused the demolItion of more than 700 unIts of housing; WHEREAS, the Redevelopment Agency of the City of Santa Mon1ca seeks to Invoke the provision an Ocean Park Redevelopment Project Health and Safety Code Section 33334.2 for the purpose of replacIng the supply of housing demolIshed due to redevelopment activity; WHEREAS; Health and Safety Code SectIon 33334.2 requires that the C1ty Council concur with the Redevelopment Agency's f1nding that the use of the funds WIll be of benefit to the redevelopment project area when the funds WIll be expended outSIde the boundaries of the redevelopment project area; WHEREAS, the Redevelopment Agency has deterrnlned that replacIng the supply of low and moderate income hOUSIng avaIlable at affordable costs outside of the proJect area WIll beneflt the Ocean Park Redevelopment Project, 1 . e NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. The City Council finds and determines that the Ocean Park Redevelopment ProJect will benefit by the provIsion of replacement housIng for low and moderate income persons and families in accordance wIth Health and Safety Code SectIon 33334.2. SECTION 2. The CIty CouncIl fInds and determInes that the Payment Agreement by and between the Redevelopment Agency of the CIty of Santa MonIca and the Parking AuthorIty of the CIty of Santa Monica dated May 8 , 1984 is of benefIt to the Ocean Park Redevelopment ProJect. SECTION 3. The CIty Clerk shall certify to the adoption of this resolutIon, and thenceforth and thereafter the same shall be In full force and effect. APPROVED AS TO FORM: ~'-~ Robert M. Mye;s City Attorney 2 . e Adopted and approved this 8th day of May, 1984. I hereby certify that the foregoing Resolution No, 6856(CCS) was duly adopted by the City Council of the City of Santa Monica at a meeting thereof held on May 8, 1984 by the following Council vote: Ayes: Councilmembers: Conn, Epstein, 'Jennings, Press, Reed and Zane Noes: Councilmembers: None Absent: Councilmembers: Mayor Edwards Abstain: Councilmembers: None ATTEST: /7 -~ -- ~~- City C1.erk