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HomeMy WebLinkAboutRES CC 2006 2448 2006 0315RESOLUTION NO. 2006 -2448 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, EXTENDING THE TIME LIMIT FOR COMMENCEMENT OF DEVELOPMENT ACTIVITIES ON PROPERTIES (782 AND 798 MOORPARK AVENUE) ACQUIRED WITH LOW AND MODERATE INCOME HOUSING FUNDS WHEREAS, the City Council of the City of Moorpark, adopted the Redevelopment Plan for the Moorpark Redevelopment Project on July 5, 1989, by Ordinance No. 110, in accordance with the California Community Redevelopment Law (Health and Safety Code Section 33000 et seq.); and WHEREAS, California Community Redevelopment Law ( "CCRL ") Section 33334.16 requires the Agency to commence development of housing affordable to persons and families of low and moderate income within five years of acquiring property with Low and Moderate Income Housing Funds; and WHEREAS, the Moorpark Redevelopment Agency ( "Agency ") purchased the properties at 782 and 798 Moorpark Avenue ( "Properties ") with Low and Moderate Income Housing Funds; and WHEREAS, the Agency has not commenced development activities on the Properties; and WHEREAS, the City Council and the Agency affirm their intention that the property be used for the development of housing affordable to persons and families of low and moderate income; and WHEREAS, the City Council desires to extend the time limit to commence development activities on the Properties by an additional five years. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The time limit to commence development of housing affordable to persons and families of low and moderate income on the Properties is extended by an additional five years to March 15, 2011, consistent with Section 33334.16 of the CCRL. Resolution No. 2006 -2448 Page 2 SECTION 2. The City Clerk shall certify to the adoption of this shall cause a certified resolution to be PASSED AND ADOPTED this 1 ATTEST: S. Deborah S. Traffenstedt, y Clerk resolution and Resolution No. 2006 -2448 Page 3 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Deborah S. Traffenstedt, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2006 -2448 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 15th day of March, 2006, and that the same was adopted by the following vote: AYES: Councilmembers Harper, Mikos, Millhouse, Parvin, and Mayor Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 5th day of April, 2006. Deborah S. Traffenstedt, y Clerk (seal)