HomeMy WebLinkAboutRES RDA 2011 251 2011 1207RESOLUTION NO. 2011 -251
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL
YEAR 2011/2012 BUDGET TO INCLUDE AN ANNUAL WORK PLAN
FOR THE LOW /MODERATE INCOME HOUSING FUND TO
COMPLY WITH SECTION 33606 OF THE HEALTH AND SAFETY
CODE OF THE STATE OF CALIFORNIA
WHEREAS, on June 15, 2011, the Redevelopment Agency of the City of
Moorpark adopted the Operating and Capital Improvement Projects Budget for Fiscal
Year 2011/2012; and
WHEREAS, Section 33606 of the Health and Safety Code (HSC) of the State of
California, requires an agency to adopt an annual budget containing specific
information, including all activities to be financed by the Low and Moderate Income
Housing Fund; and
WHEREAS, the adopted the Operating and Capital Improvement Projects
Budget for Fiscal Year 2011/2012 did not include a work program or an examination of
the previous year's achievements and a comparison of the achievements with the goals
of the previous year's work program; and
WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said
budget amendment.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment
attached hereto, is hereby approved tc
Low /Moderate Income Housing Fund.
more particularly described in Exhibit "A ",
include an Annual Work Plan for the
SECTION 2. The Agency Secretary shall certify to the adoption of this resolution
and shall cause a certified resolution to be filed in the book of original Resolutions.
PASSED AND ADOPTED this 7th day of December, 2011.
ATTEST:
Maureen Benson, Agency Secretary
Attachment: Exhibit A — Budget Amendment
Q,ja ice S. Parvin, Chair
18,
y'9t IF 1
Q�C*
Exhibit A
FY 2011/12 Low and Moderate Income Housing Fund Work Plan
FY 2010/11 Goal
FY 2010/11 Accomplishments
FY 2011/12 Goal
FY 2011/12 Activities
Increase, improve, and
$600,000.00 loan to Moorpark
Increase, improve, and
Moorpark 20 LP Disposition
preserve the quality of
20 LP for the construction of
preserve the quality of
and Development Agreement
low /mod income housing
20 affordable units on Charles
low /mod income housing
throughout the project
Street.
throughout the project
area and the City
area and the City
$1,176,500.00 loan to
Assist 1 family purchase their
Moorpark 20 LP to purchase
first home located at 81 First
the land 20 affordable units on
Street
Charles Street.
Assisted 6 families purchase
Demolish structures located at
their first home
780 Walnut Street, 112 First
Street, 124 First Street, and
1083 Walnut Canyon for future
affordable housing project
Constructed a retaining block
Draft Sage Disposition and
wall for an affordable unit
Development Agreement for
located at 81 First Street
19 affordable units on Walnut
Canyon
Relocated one tenant from
Develop construction plans for
112 First Street in preparation
4 affordable units on First
for a future affordable housing
Street
ro*ect
Relocated one tenant from
Develop conceptual plan for 2
124 First Street in preparation
affordable units on Walnut
for a future affordable housing
Street
project
Purchased 124 First Street for
I Continue monitoring 342
a future affordable housing
affordable units to ensure
project
;affordability compliance
Monitored 342 affordable units
to ensure affordability
compliance
_0 ;0
�CD
fD 0
N C
0
z
0
N
0
N
Resolution No. 2011 -251
Page 3
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Maureen Benson, Agency Secretary of the Redevelopment Agency of the City
of Moorpark, California, do hereby certify under penalty of perjury that the foregoing
Resolution No. 2011 -251 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 7th day of December, 2011, and that the
same was adopted by the following vote:
AYES: Agency Members Mikos, Millhouse, Pollock, Van Dam, and Chair Parvin
NOES: None
ABSENT: None
ABSTAIN: None
2012.
WITNESS my hand and the official seal of said City this 4th day of January,
Maureen Benson, Agency Secretary
(seal)
ACFyC'
k ESTABLISHE
MARCH 18, 1987
Cq� /FORN�P
OF