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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br /> <br />RESOLUTION NO. 94-80 <br /> <br />RESOLUTION AFPROVING POLICIES AND GUIDELINES <br />FOR USE OF THE LOWER-INCOME HOUSING FUND <br /> <br />WHEREAS, the City Council of the City of Plessamon has adopted an ordinance establishing <br /> a LOwer-Income Housing fee; and <br /> <br />said ordinance establishes general uses for the Lower-Income Housing Fund <br />created through the collection of said fees from residential and commercial <br />development; and <br /> <br />at its meeting of April 5, 1994, the City Council directed staff to develop more <br />specific policies and guidelines eoneeraing the use of the Lower-Income Housing <br />Fund for housing activities, including projects related to the City's Community <br />Development Block Grant (CDBG) program; and <br /> <br />at its meeting of July 5, 1994, the City Council reviewed the report of the <br />Director of Planning and Community Development (SR 94:218) regarding <br />proposed policies for use of the LOwer-Income Housing Fund. <br /> <br />NOW, THEREFORE, 'Able CITY COUNCrL OF THE CITY OF PLEASANTON RESOLVES <br />AS FOLLOWS: <br /> <br />Section 1: <br /> <br />The City Council adopts the policies and guidelines for use of the Lower-Income <br />Housing Fund as set forth in Exhibit "A" , attached hareto and incorporated heroin <br />by this referenco. <br /> <br />Section 2: This resolution shall become effective immediately upon its passage and adoption. <br /> <br /> I HEREBY CF_krl/~Y THAT 'rbl/~ FOREGOING WAS DULY AND <br />REGULARLY ADOPTED BY THE CITY COUNCIL OF THE CITY OF PLEASANTON, AT <br />A IvffI~ET]aNG HELD ON/ULY 5, 1994 BY THE FOLLOWING VOTE: <br /> <br />NOES: None <br />ABSENT: None <br />ABSTAIN: None <br /> <br />Councilmembers - Denhis, Mohr, Pico, Scribner, and Mayor Tarvet <br /> <br />AP~ F~/~ <br />Michael H. Roush, City Attorney <br /> <br />AjFL~ST: <br /> <br /> <br />