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R-7877 WHEREAS, the Ocean Park Redevelopment Project lea) .' - e RESOLUTION NUMBER 7877 (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 EXPENDITURE FOR SUCH HOUSING WILL BE OF BENEFIT TO THE OCEAN PARK REDEVELOPMENT PROJECT lea) THIS RESOLUTION SUPERCEDES RESOLUTION NUMBER 7848 (CCS) 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 (hereinafter "Project") has been established in the City of Santa Monica; and WHEREAS, the Ocean Park Redevelopment Project caused the demolition of more than 700 units of housing; and WHEREAS, the Redevelopment Agency of the city of Santa Monica seeks to invoke the provisions of Health and Safety Code section 33334.2 for the purpose of replacing the suppy of housing demolished due to redevelopment activity; and WHEREAS, Health and Safety Code Section 33334.2 requires that the city Council concur with the Redevelopment Agency's finding 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; and - 1 - - ~ - .~.tcccc uOl~oas apo~ ^~al~S PUl? q:l tl?SH t{~ pot aoul?p.::l:OOOl? ul pun,a: :+sn.x,r. bU"fsnoH aq~ u1 spun;; ;;0 eSn aq~ ^q ~"f~auaq 111M (e)t ~oa~O.::l:d :+uamdoTaAapa~ ~.::l:~d u~e~o aq:t :+\?t{~ SElUpIL.:tEl:tElp pUll spu1=~ !1:~uno::> A:f.1=O aqil, . '[ .NOI.LOa:S :SM~~Od SY aA~OSXH saoa VOINON V~NVS dO A~IO aH~ dO ~I::>Nno::> X.LIO ~H.L 1~~O~gHgH.L 'MON Ipund ~S~~ DUlsnoH aq~ o~ OOt/t9t$ DU1~\?OOtt\? (S~) LGV ~aqmnN uOl~nTosaH pa~dop\? Aouaby :+uamdota^apa~ aq~ 1686t 'sz ATn~ uo ISVaaaHM PUl? 4~oa~o~d aq:t 0:+ ~l~auaq 10 61 ~1 ~l?q:+ OU1PUll pUl? pun; tlons J:o ~ua1l1qsT tql?~sa aq~ uT pUl.:I.:znouo;:) (S::>O) S~ 89 .l:sqUInN uOl~nlosa~ pa:ldopl? tlouno::> A:ll0 aq:+ 'tS6t 'S A12H UO 'SYa:~aHM PUl? 4 (upun.i ~StU.:t .6UlsnoHu aq~) pun.!I ~sn~.L DUlsnoH amoouI a:+\?.:IapOH PUl? ~O~ (\?)1 :+oa~O.:Id :tuamdOtaAapa~ }(.:t\?d U\?SOO att:+ .6U"P.{sltq\?~sa (SW) oec .A:squmN uOl~nlosaa ps~dop\? ;;:oueoy ~uaUIdo t.iM.apa~ aq~ ' t e 6 t I B Al?W UO I SYXl:IXHM PUl? ::toa~o.:zd ~uamdOtSAapaa ~.:I\?d u\?aoQ aq~ ~TJauaq ttl& \?a.:Il? ~~e~o.:zd aq~ JO aPls~no s~soo aTq~p~ol;l? ~~ atq~TT\?h~ .6ulsno~ amooul a~l?.:Iepom pu~ ~o1 JO ^1ddns aq~ 5Ulo~1da~ ~l?q~ paul~a~ap S~tt ^~UaDV ~uamdotaAapa~ a~~ 'SY~2HM e e <' '.. e . SECTION 2. 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. MYERS city Attorney :cclax - 3 - e e Adopted and approved this 22nd day of August, 1989. D9-t 0 ~ I hereby certify that the foregoing Resolution No. 7877(CCS) was duly adopted by the city council of the city of santa Monica at a meeting thereof held on August 22, 1989 by the following Council vote: Ayes: Councilmembers: Abdo, Finkel, Genser, Katz, Reed, Mayor Zane Noes: Councilmembers: None Abstain: Councilmembers: None Absent: Councilmembers: Jennings .~ . ',,- - ATTEST: - A-:,.: ' ~ ~ cI"'t.y ~Jer-k-