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HomeMy WebLinkAboutRDA Reso No 2009-08 RESOLUTION NO. 2009- 08 F1 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ADOPTING A REPLACEMENT HOUSING PLAN FOR THE POTTERY COURT AFFORDABLE HOUSING PROJECT WHEREAS, the California Community Redevelopment Law (Health & Safety Code Sections 33000 et seq.) requires a redevelopment agency to adopt by resolution a replacement housing plan prior to the execution of (i) an agreement for acquisition of real property, (ii) an agreement for the disposition and development of property, or (iii) an owner participation agreement when such agreement will lead to the destruction or removal of dwelling units from the low and moderate income housing market; and 4 WHEREAS, the Redevelopment Agency of the City of Lake Elsinore (the "Agency") is proposing to enter into a Disposition and Development Agreement and related documents with BRIDGE Housing Corporation (`BRIDGE") for the disposition of 23 parcels comprising approximately 4.29 acres in the Redevelopment Agency's Project Area No. I and the City of Lake Elsinore's historic downtown area (the "Project Site") and the development and operation of a proposed affordable housing project known as Pottery Court consisting of approximately 111 very low income dwelling units and two (2) manager units (the "Project"); and WHEREAS, the Project will result to the destruction or removal of 11 dwelling units from the low and moderate income housing market; and WHEREAS, the Agency has prepared a replacement housing plan for the Project (the "Replacement Housing Plan") pursuant to the requirements of Section 33413.5 of the California Community Redevelopment Law which plan is on file with the Agency Secretary and incorporated by reference herein; and WHEREAS, the Replacement Housing Plan was available for public review prior to the timely and properly noticed public meeting at which the Agency considered the Replacement Housing Plan. NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: SECTION 1. The Redevelopment Agency hereby approves and adopts the Replacement Housing Plan. SECTION 2. The Executive Director of the Agency is authorized to implement the Replacement Housing Plan and to execute any documents and take any other action necessary or convenient for the proper accomplishment of its purposes. II SECTION 3. This Resolution shall take effect from and afterthe date of its passage ~i and adoption. PASSED, APPROVED AND ADOPTED this 28th day of April 2009. THO KLEY, CHAI N ATTEST: 'DE RA TH_OMSEN AGENCY SECRETARY AP ROVED MASO FORM: Z(,lC B RBARA LEIBOLD it AGENCY COUNSEL i I STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF LAKE ELSINORE ) I, DEBORA THOMSEN, Agency Secretary of the Redevelopment Agency of the City of Lake Elsinore, California, hereby certify that Resolution No. 2009-08 was adopted bythe Redevelopment Agency Board of the Redevelopment Agency of the City of Lake Elsinore at a regular meeting held on the 28th day of April 2009, and that the same was adopted by the following vote: AYES: Chairman Thomas Buckley, Vice-Chairwoman Amy Bhutta, Member Daryl Hickman, Member Robert E. Magee, Member Melissa Melendez NOES: None ABSTAIN: None ABSENT. None DEB RA THOMSEN AGENCY SECRETARY i I