CRA - 109RESOLUTION NO. CRA-109
A RESOLUTION OF THE CYPRESS REDEVELOPMENT AGENCY
ADOPTING AN INCLUSIONARY HOUSING POLICY
WHEREAS, the Cypress Redevelopment Agency ("Agency") is a public body, corporate
and politic, organized and existing under the California Community Redevelopment Law
("CRL") (Health & Safety Code {}33000 et seq.); and
WHEREAS, the Agency currently has established three redevelopment project areas
known as the Civic Center Project Ama, the Lincoln Avenue Project Area, and the Los Alamitos
Race Track and Golf Course Redevelopment Project Area (collectively, the "Project Areas");
and
WHEREAS, on January 13, 2003, a Comprehensive Affordable Housing Strategy
("Strategy") was adopted by the Agency Board to address the housing requirements mandated by
California Community Redevelopment Law (CRL) (Health & Safety Code § 33000 et. seq.); and
WHEREAS, Recommendation No. 1 in the Strategy states that "The Agency shall adopt
a policy requiring all housing developments within Project Areas to meet inclusionary housing
requirements of the CRL"; and
WHEREAS, in response to this Strategy recommendation, an Inclusionary Housing
Policy ("Policy") has been prepared to address the provision of affordability in compliance with
CRL inclusionary obligations for residential projects developed in the Project Areas; and
WHEREAS, at their regularly scheduled meeting of March 24, 2003, the Cypress
Redevelopment Agency Board considered the proposed Policy; and
WHEREAS, at the meeting, the Agency heard and received testimony and evidence
concerning the proposed Policy.
NOW, THEREFORE, the Cypress Redevelopment Agency hereby resolves as follows:
1. All new residential development projects (as that term is defined in the Policy)
located within the boundaries of any of the Project Areas shall be required to comply with the
inclusionary housing requirements set forth in California Health and Safety Code Section
33413(b) as set forth in the Policy.
2. The Inclusionary Housing Policy, in the form presented for approval concurrent
with this Resolution, a true and correct copy of which is on file with the Agency Secretary, is
hereby approved and adopted.
3. The Executive Director and/or his authorized designees are hereby authorized and
directed to take such other and further actions, and sign such other and further documents, as is
necessary and proper in order to implement this Resolution on behalf of the Agency.
PASSED AND ADOPTED by the governing body of the Cypress Redevelopment
Agency at a regular meeting held on the 24th day of March, 2003.
CHAIRPERSON OF THE AGI~Y BOARD
ATTEST:
O SECRE~_~RY
CYPRESS REDEVELOPMENT AGENCY
-1-
STATE OF CALIFORNIA
CITY OF CYPRESS
)
) ss
)
I, Jill R. Ingram-Guertin, Secretary of the Cypress Redevelopment Agency, DO
HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the
Cypress Redevelopment Agency on the 24th day of March, 2003, and carried by the following
roll call vote:
AYES:
5 AGENCY MEMBERS: McGill, Piercy, Sondhi, Keenan and McCoy
NOES:
0 AGENCY MEMBERS: None
ABSENT: 0
AGENCY MEMBERS: None
E~RETARY OF T[~E AGENCY BOARD
-2-