12 Desk Item - Affordable Housing Production Plan
DATE: TO: FROM: SUBJECT: REMARKS: MEETINGDATE: 11/1/04 ITEM NO. I DESK ITEM REDEVELOPMENT AGENCY AGENDA REPORT November 15, 2004 CHAIR AND MEMBERS OF THE REDEVELOPMENT AGENCY EXECUTIVE
DIRECTOR CONSIDERAND ADOPT THE REDEVELOPMENT AGENCY FIVE YEAR IMPLEMENTATIONPLANANDAFFORDABLE HOUSINGPRODUCTION PLAN FOR THE CENTRAL LOS GATOS REDEVELOPMENT
PROJECT FOR THE PERIOD OF JULY 1, 2004 TO JUNE 30, 2009. Attached is the corrected resolution for the 5-Year Implementation Plan and Affordable Housing Production Plan. Please note only
the signature page was corrected to reflect the name of the current chair of the Redevelopment Agency. ATTACHMENTS: Resolution (Corrected copy) N:\DEV\JOEL\RDA\RDA5YRImplementationPlan2004Desk2.wpd
PREPARED BY: BUD N. LORTZv/DEPUTY EXECUTIVE DIRECTOR Reviewed by: Assistant Town Manager Qt:.. Attorney __Clerk-_-----:Finance Development Revised: 11/15/04
9:50 am Reformatted: 5/30/01
RESOLUTION RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE TOWN OF LOS GATOS APPROVING AN IMPLEMENTATION PLAN AND AFFORDABLE HOUSING PRODUCTION PLAN FOR THE CENTRAL LOS GATOS REDEVELOPMENT
PROJECT AREA FOR THE PERIOD OF JULY 1, 2004 TO JUNE 30, 2009 WHEREAS, the Town Council of the Town of Los Gatos has approved and adopted the Redevelopment Plan for the Central Los Gatos
Project Area (the "Project Area"); and WHEREAS, pursuant to Health and SafetyCode Section 33490, the Redevelopment Agency of the Town of Los Gatos (the "Agency") is required to conduct
a noticed public hearing to adopt, amend, and review an Implementation Plan for the Project Area (the "Implementation Plan"); and WHEREAS, Agency staff has prepared and presented to
the Agency a proposed Implementation Plan for the five year period covering July 1, 2004 to June 30, 2009, a copy of which is on file with the Agency Secretary; and WHEREAS, on the date
of this resolution, the Agency has conducted and concluded a duly noticed public hearing on the Implementation Plan in accordance with Health and Safety Code Section 33490; and WHEREAS,
the Agency finds that the Implementation Plan, with any modifications as considered and approved in connection with the public hearing, constitutes a statement of the Agency's goals
and objectives for the Project Area, a summary of specific programs and proposed expenditures proposed to be made by the Agency for the redevelopment of the Project Area for the five
year period stated, and an explanation ofhow the goals and objectives, projects and expenditures will eliminate blight within the Project Area and implement the affordable housing regulations
of the Community Redevelopment Law; and
WHEREAS, pursuant to Health and Safety Code Section 33490, approval of an Implementation Plan does not constitute a project for purposes of the California Environmental Quality Act ("CEQA"),
and therefore no environmental documentation is required pursuant to CEQA.RESOLVED, that the Agency hereby approves and adopts the Implementation Plan for the Central Los Gatos Project
Area and orders that a copy of the Implementation Plan be maintained on file with the Agency Secretary. FURTHERRESOLVED, that the Agency hereby authorized the AgencyExecutive Director
to take such other actions as are appropriate to effectuate the intent of the Implementation Plan. FURTHERRESOLVED THAT, that this Resolution shall tal<e immediate effect from and after
its passage. PASSED AND ADOPTED at a regular meeting of the Town ofLos Gatos Redevelopment Agency held on the __ day of , 2004, by the following vote: REDEVELOPMENT AGENCY MEMBERS: AYES:
NAYS: ABSENT: ABSTAIN: SIGNED: /s/STEVE GLICKMAN CHAIR OF THE REDEVELOPMENT AGENCY TOWN OF LOS GATOS, CALIFORNIA 2
ATTEST: lsi Marian V. Cosgrove SECRETARY OF THE REDEVELOPMENT AGENCY TOWN OF LOS GATOS, CALIFORNIA N:\DEV\JOEL\RDA\RDARESOImplementationPlan2004.wpd 3