Loading...
HomeMy WebLinkAbout09-40 - Joint Agreement for Neighborhood Stabilization Program (Fullerton, Costa Mesa, La Habra)RESOLUTION NO. 09- 40 I� A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA, MESA, CALIFORNIA, APPROVING JOINT AGREEMENT FOR NEIGHBORHOOD STABILIZATION PROGRAM PARTICIPATION AMONG THE CITY OF FULLERTON, THE CITY OF COSTA MESA, AND THE CITY OF LA HABRA. THE CITY COUNCIL OF THE CITY OF COSTA MESA HEREBY RESOLVES AS FOLLOWS: WHEREAS, the City of Costa Mesa is eligible to participate in the Neighborhood Stabilization Program (NSP), provided that it partners with other public entities in the County of Orange to develop a program and obtain grant funding; and WHEREAS, the City of Costa Mesa desires to partner with the Cities of Fullerton and La Habra, with Fullerton serving as lead entity, in obtaining NSP funding and developing a program to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within these communities; and WHEREAS, NSP requirements include approval by the City's governing body and signature of the City's Chief Executive Officer on an Agreement between all participating cities as to the respective responsibilities of each participating City, and that a sub -recipient agreement be executed between the lead entity and each participating entity. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Costa Mesa, does hereby declares as follows: The City Council has reviewed and hereby approves an application (and its contents) for up to $1,369,854 (including $303,749.00 for the City of Costa Mesa) for the following activities): • Establishment of financing mechanisms for the purchase and redevelopment of foreclosed homes and residential properties, including such mechanisms as soft - seconds, loan loss reserves, and shared -equity loans for low -and moderate - income homebuyers; • Purchase and rehabilitation of homes and residential properties that have been abandoned or foreclosed upon, in order to sell, rent or redevelop such homes and properties; • Establishment of land banks for homes that have been foreclosed upon; • Demolition of blighted structures; and • Redevelopment of demolished or vacant properties. See Attachment B of the staff report for designated target areas. BE IT FURTHER RESOLVED, if any additional NSP funding becomes available at a later date, the City of Costa Mesa is authorized to apply for, and/or accept funding, up to $1,000,000. Any additional NSP funding will be used in accordance with funding requirements established by the State of California Neighborhood Stabilization Program. BE IT FURTHER RESOLVED, the City Council has determined that federal Citizen Participation requirements were met during the development of this application. BE IT FURTHER RESOLVED, the City Manager or Executive Director of the Redevelopment Agency are hereby authorized and directed to act on the City's behalf in all matters pertaining to this application. BE IT FURTHER RESOLVED, if the application is approved, the City Manager or Executive Director of the Redevelopment Agency is authorized to enter into and sign the grant agreement, and any subsequent amendments thereto, with the State of California for the purposes of this grant. BE IT FURTHER RESOLVED, if the application is approved, the City Manager, Executive Director of the Agency, or the Neighborhood Improvement Manager is authorized to sign Funds Requests and other required reporting forms. BE IT FURTHER RESOLVED, the Joint Agreement for Neighborhood Stabilization Program Participation among the City of Fullerton, the City of Costa Mesa, and the City of La Habra is hereby approved and the City Manager is authorized to execute same on behalf of the City of Costa Mesa. The City Manager may approve such changes to the Joint Agreement as may reasonably be necessary to comply with the California Department of Housing and Community Development requirements and as approved by the City Attorney. The City Manager is further authorized to submit a joint application for NSP funding to the Department of Housing and Community Development. BE IT FURTHER RESOLVED, the City Manager is further authorized to execute a sub -recipient agreement between the City of Fullerton and the City of Costa Mesa as required by NSP regulations, in a form to be approved by the City Attorney. PASSED AND ADOPTED this 2nd day of June, 2009. Allan R. Mansoor, Mayor ATTEST: APPROVED AS TO FORM: Juli olcik, City Clerk Kimberly Hall barlow, City Attorney STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) I, JULIE FOLCIK, City Clerk of the City of Costa Mesa, DO HEREBY CERTIFY that the above and foregoing is the original of Resolution No. 09-40 and was duly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting held on the 2nd day of June, 2009, by the following roll call vote, to wit: AYES: COUNCIL MEMBERS: MANSOOR, LEECE, BEVER, FOLEY, MONAHAN NOES: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the City of Costa Mesa this 3rd day of June, 2009. (SEAL) JULIE IVOLCIK, CITY CLERK ATTACHMENT B MAP OF FORECLOSED PROPERTIES IN COSTA MESA Fountain Valley Huntington Beach Santa Ana 0639073 ANNS `pork OmirP 1- r• �` e�1—� 063908 2 L,. t 0839032 Paolar1z0 Par 081 I i : 'NIL 063908 1 a?asr 06380 2 FY•uo Sleet 83702 Newport Beach ©rarge Chary Fairgroards 0639072 Newport Beach Irvine h Wayne rport City of Costa Mesa Estimated Foreclosure/Abandon Risk Map City Limits Risk Score 7 Risk Score G Low & Mod Area — Streets Census Tract © Block Group Trustee Sale Property