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HomeMy WebLinkAbout96-74 - Operation of an Affordable Housing Project - Area No. 5, Mission/MendozaRESOLUTION NO. Q -% A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, APPROVING HOME INVESTMENT' PARTNERSHIP AGREEMENT NO. 1958800045 BETWEEN THE CITY OF COSTA MESA AND CIVIC CENTER BARRIO HOUSING CORPORA- TION, PROVIDING FOR THE ACQUISITION, REHABILITATION, AND OPERATION OF AN AFFORD- ABLE HOUSING PROJECT LOCATED IN TARGET AREA NO. 5, MISSION/MENDOZA, IN THE CITY. WHEREAS, the City of Costa Mesa, a California municipal corporation ("City") has received funds from the United States Department of Housing and Urban Development ("HUD") pursuant to the Federal Government's HOME Investment Partnerships Act, 42 U.S.C. Sections 12701, et seq. (the "HOME Program"); and WHEREAS, pursuant to the HOME Program and the implementing HOME Regulations, 24 CFR Sections 92. 1, et seq., the City may provide financial assistance to qualified developers to acquire, rehabilitate, and operate multi -family residential real property; and WHEREAS, the City desires to enter into Home Investment Partnership Agreement No. 1958800045 (the "Agreement") with Civic Center Barrio Housing Corporation, a California nonprofit public benefit corporation and a qualified Community Housing Development Organization under the HOME Program (the "Developer"); and WHEREAS, under the Agreement, the City will provide financial assistance to the Developer to acquire an existing four-plex located in Target Area No. 5, Mission/Mendoza, commonly known as 1022 El Camino Drive, Costa Mesa (the "Property"), to rehabilitate each of the three-bedroom, two -bath, multi -family rental units on the Property, and to assure the long-term affordability, operation, management, and maintenance of the Property to persons and families of Very Low Income (the "Project"), all as more fully set forth in the Agreement; and WHEREAS, the City Council has duly considered all terms and conditions of the proposed Agreement and believes that the acquisition, rehabilitation, and operation of the Project pursuant to the Agreement is in the best interests of the City and the health, safety, and welfare of its residents, and in accord with the public purposes and provisions of the HOME Program, and other applicable federal, state, and local requirements; and WHEREAS, the City Council has considered the report of City staff on the proposed Project to be carried out pursuant to the Agreement; NOW, THEREFORE, the City Council hereby resolves as follows: SECTION 1. The City Council finds that the proposed Project is categorically exempt under the California Environmental Quality Act (CEQA) (California Public Resources Code Sections 21000, et seq.) pursuant to Section 15301 of the CEQA Guidelines, and that all applicable requirements of the National Environmental Policy Act of 1969 associated with the Project have been satisfied. The City Council hereby approves the Notice of Exemption and directs the City Clerk, or his/her designee, to file the Notice of Exemption with the County Clerk of the County of Orange. SECTION 2. The Agreement is hereby approved. The Mayor of the City is hereby authorized to execute the Agreement on behalf of the City. A copy of the Agreement, when executed by the Mayor, shall be placed on file in the office of the City Clerk. SECTION 3. The City Manager of the City is hereby authorized on behalf of the City, to sign all other documents and issue warrants necessary and appropriate to carry out and implement the Agreement and to administer the City's obligations, responsibilities, and duties to be performed under the Agreement and related documents. SECTION 4. The City Manager of the City is further authorized to take all steps necessary to implement the Agreement and, to the extent necessary, during the implementation of the Agreement, to make technical or minor changes to the Agreement, including the Schedule of Performance, after execution, as and if necessary, to properly implement and carry out said Agreement; provided however, said changes shall not substantively amend the Agreement or in any manner materially affect the rights and obligations of the City. PASSED AND ADOPTED this 15th day of July, 1996. ATTEST: I Deputy City C�rk of the City of Costa Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) M of the City of Costa Mesa M A� TOwFORM 7-15' CITY ATTORNEY I, MARY T. ELLIOTT, Deputy City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on the 15th day of July, 1996, by the following roll call vote: AYES: Ri G Ksox) FFA P -14,OAA)IBU(-kLE ) �- E4Ji b� I?)6A-),4 � NOES: DONE ABSENT: /\JD,t) 6 IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this 16th day of July, 1996. Deputy Citytlerk and ex -officio Clerk of the City Council of the City of Costa Mesa