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2009-141-Approve Implementation Plan And Affordable Housing Plan Redevelopment 7-1-09 To 6-30-14RESOLUTION 2009-141 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, 2009 TO JUNE 30, 2014 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 Safety Code 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 hmplementation Plan for the five year period covering July 1, 2009 to June 30, 2014, 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 bearing, 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 of how the goals and objectives, projects and expendihu•es will eliminate bkight 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 forpurposes ofthe 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 oj•ders that a copy of the Implementation Plan be maintained on file with the Agency Secretary. FURTHER RESOLVED, that the Agency hereby authorized the Agency Executive Director to take such other actions as are appropriate to effectuate the intent of the Implementation Plan. FURTHER RESOLVED THAT, that this Resolution shall take immediate effect from and after its passage. PASSED AND ADOPTED at a regular meeting of the Town of Los Gatos Redevelopment Agency held on the 21st day of December, 2009, by the following vote: REDEVELOPMENT AGENCY MEMBERS: AYES: Joe Pirzynski, Steve Rice, Barbara Spector, Mike Wasserman, Mayor Diane Mcnutt NAYS; ABSENT: ABSTAIN: SIGNED: CHAIR OF THE REDEVELOPMENT AGENCY TOWN OF LOS GATOS, CALIFORNIA TEST: CLE ADMINISTRATOR TOWN OF LOS GATOS, CALIFORNIA