1995-169-Accepting The 1994-95 Annual Report For The Los Gatos Redevelopment AgencyRESOLUTION 1995 -169
RESOLUTION OF THE TOWN COUNCIL
OF THE TOWN OF LOS GATOS
ACCEPTING THE 1994 -95 ANNUAL REPORT
FOR THE LOS GATOS REDEVELOPMENT AGENCY
WHEREAS:
1. The California Community Redevelopment Law ( §33080.1) requires every
redevelopment agency to present a report on financial and housing activity to its legislative body
within six months of the end of the agency's fiscal year.
2. Approval of the 1994 -95 Annual Report does not constitute a project for purposes
of the California Environmental Quality Act ( "CEQA ").
3. The audit issued by Maze and Associates gives an unqualified opinion of the
Redevelopment Agency's financial activities includes the auditor's opinion of the agency's
operations and financial position, and the agency's compliance with laws, regulations and
administrative requirements governing activities of the agency, including all financial activities
involving low- and moderate- income housing finds.
RESOLVED, that the Town Council hereby approves and adopts the 1994 -95 Annual
Report for the Los Gatos Redevelopment Agency.
FURTHER RESOLVED, that the Town Council determines the planning and
administrative expenses from the Low and Moderate Income Housing Fund are necessary for the
production, improvement, or preservation of low- and moderate- income housing.
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of
Los Gatos, California, held on the 18th day of December, 1995 by the following vote:
COUNCIL MEMBERS:
AYES: Joanne Benjamin, Steven Blanton, Linda Lubeck, Patrick O'Laughlin,
Mayor Randy Attaway
NAYS: None
ABSENT: None
ABSTAIN: None
SIGNED:
MAYOR OF THE TOWN O LOS GATOS
LOS GATOS, CALIFORNIA
ATTEST:
CLERK OF THE TOWN OF L'S GATOS
LOS GATOS, CALIFORNIA