HomeMy WebLinkAboutResolution No. 3578 RESOLUTION NO. 3578
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF DOWNEY FINDING THAT A SUBSTANTIAL
EFFORT TO MEET LOW AND MODERATE INCOME
HOUSING NEEDS IS NOW BEING MADE BY THE
CITY OF DOWNEY WHICH PURSUANT TO SECTION
.•-� 33334.2 IS SUFFICIENT TO MEET THE COMMUNITY'S
LOW AND MODERATE INCOME HOUSING NEEDS
WHEREAS, the City of Downey is currently providing a
substantial effort to meet the low and moderate income housing
needs in the community including the obligation of funds from
revenue sharing funds and Housing and Community Development Act
funds.
NOW, THEREFORE, be it resolved that:
The City Council of the City of Downey finds that a
substantial effort to meet low and moderate income housing
needs in the community is being made and that effort including
the obligation of funds currently available for the benefit of
the community from state, local, and federal sources for low and
moderate income housing is equivalent in impact to the funds other-
wise required to be set aside pursuant to Section 33334.2. The
City Council has considered the need that can be reasonably fore-
seen of low and moderate income or very low and moderate income
households from within or adjacent to the Project Area because of
..e increased employment opportunities, or because of any of the other
direct or indirect results of implementation of the Redevelopment
Plan.
APPROVED AND ADOPTED this llth day of July, 1978.
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William L. Greene, Mayor
ATTEST:
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Robert L. Shand, City Clerk
I HEREBY CERTIFY that the foregoing resolution was
adopted by the Downey City Council at a regular meeting thereof
held on the llth day of July, 1978 by the following vote:
AYES: 5 Council Members: Jackman, Miller, Mackaig, Swearingen, Greene
NOES: 0 Council Members: None
ABSENT: 0 Council Members: None
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Robert L. Shand, City Clerk