RESOLUTION NO. ________-RA

A RESOLUTION OF THE REDEVELOPMENT AGENCY  OF THE CITY OF SUNNYVALE APPROVING AN IMPLEMENTATION PLAN FOR THE CENTRAL CORE REDEVELOPMENT PROJECT AREA

          WHEREAS, the City Council of the City of Sunnyvale has approved and adopted an Amendment to the Redevelopment Plan for the Central Core Redevelopment Project Area ("Project Area"); and

          WHEREAS,  pursuant to Health & Safety Code Section 33490, the Redevelopment Agency of the City of Sunnyvale (the "Agency") is required to conduct a noticed public hearing on, and to adopt 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, 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 & 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 the specific programs and proposed expenditures proposed to be made by the Agency during the next five years, and an explanation of how 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 & Safety Code Section 33490, approval of the 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.

          NOW, THEREFORE BE IT RESOLVED BY THE REDEVELOPMENT AGENCY OF THE CITY OF SUNNYVALE THAT:

          1.       The Agency hereby approves and adopts the Implementation Plan for the Central Core Redevelopment Project Area.

          2.       The Agency hereby authorizes the Agency Executive Director to take such other actions as are appropriate to effectuate the intent of the Implementation Plan.

          3.       The Agency Secretary shall certify to the adoption of this Resolution.

          4.       This Resolution shall take immediate effect upon its adoption.

          Adopted by the Redevelopment Agency at a regular meeting held on February 15, 2005, by the following votes:

ATTEST:                                                          APPROVED:

By:_______________________________                                                                      ______________________________

                    Agency Clerk                               Chair of the Redevelopment Agency

                                                                      of the City of Sunnyvale