HomeMy WebLinkAboutCC RESO 12,344RESOLUTION NO. 12,344
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL
CITY, CALIFORNIA FINDING AND DETERMINING THAT CERTAIN
TAX ALLOCATION FUNDS FROM THE SOUTH BAY TOWN & COUNTRY
PROJECT ACCOUNT AND THE E. J. CHRISTMAN BUSINESS &
INDUSTRIAL PARK I PROJECT ACCOUNT MAY BE USED FOR
CERTAIN HOUSING PURPOSES FOR PERSONS OF LOW AND MODERATE
INCOME
WHEREAS, the California Community Redevelopment Law, as
amended during the 1976 Legislative Session, at Section 33334.2,
encourages the use of taxes allocated pursuant to a Redevelopment
Project pursuant to Section 33670 of said Law to assist persons of
low and moderate income with their housing needs, including, among
other forms of such assistance, the rehabilitation of structures owned
by persons of low and moderate income, whether such buildings or
structures are within, or outside the Project from which taxes are
allocated, including when the Project to which taxes are allocated was
approved prior to the adoption of said Section 33334.2;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of National City, California that the Community Development
Commission of the City of National City may use $22,000 of taxes
allocated to the South Bay Town & Country Redevelopment Project for
a loan to Gerald W. and Betty Girlinghouse, persons of moderate income,
for the purpose of improving buildings and structures at their property
located at 2145 E. 10th Street, National City, California and that
such expenditure is of benefit to said Redevelopment Project and the
making of such loan otherwise pursuant to the Home Improvement Loan
Program adopted by the City of National City and the Community
Development Commission of the City of National City is hereby approved; and
BE IT FURTHER RESOLVED, that it is hereby found and determined
that the Community Development Commission of the City of National City,
California may use $9,848.40 E. J. Christman Business & Industrial Park I
Redevelopment Project (Christman Project) taxes allocated to said Project
pursuant to said Section 33670 to pay a mortgage insurance application
fee to the U. S. Department of Housing & Urban Development in order to
provide for 150 units of Seniors Housing for persons of low and moderate
income within the Center City Redevelopment Project, outside of the
Christman Project and that such expenditure is of benefit to the Christman
Project and such expenditure is hereby approved; and
BE IT FINALLY RESOLVED, that it is hereby found and determined
that the Community Development Commission of the City of National City,
California may use $15,000.00 Christman Project taxes allocated to said
Project pursuant to said Section 33670 for organizational expense and
legal expense in order to provide for said 150 units of Seniors Housing
that such expenditure is of benefit to the Christman Project and such
expenditure is hereby approved subject to reimbursement of the Christman
Project tax allocation fund from said Seniors Housing facility when it is
ultimately funded.
APPROVED and ADOPTED this 3rd day of May, 1977.
Kile Morgan,
ATTEST:
C C'
Ione Campbell, City Clerk