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HomeMy WebLinkAboutReso 2012-100RESOLUTION NO. 2012-100 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AMENDMENT TO AN AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND SAN DIEGO COMMUNITY HOUSING CORPORATION FOR THE ACQUISITION AND REHABILITATION OF ABANDONED OR FORECLOSED PROPERTIES USING ADDITIONAL NEIGHBORHOOD STABILIZATION PROGRAM FUNDS AND HOME INVESTMENT PARTNERSHIP FUNDS AS PREVIOUSLY APPROVED BY CITY COUNCIL, AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT AND ANY NECESSARY DOCUMENTS WHEREAS, on January 24, 2012, pursuant to Resolution No. 2012-003, the City Council approved an amendment to the 2008/2009 Annual Action Plan of the Neighborhood Stabilization Program (NSP) to allocate NSP funds for the purpose of acquiring properties to meet the program requirement to use 25 percent of the revenue received for rental opportunities for low income households; and WHEREAS, in May 2010 and May 2011, pursuant to Council Resolution Numbers 2010- 098 and 2011-072, respectively, City Council approved the 2010/2011 and 2011/2012 Annual Actions for HOME Investment Partnership Program (HOME) that included funding for the production of affordable rental housing for low income households; and WHEREAS, the United States Department of Housing and Urban Development (HUD) notified the City that the City is eligible to receive approximately $2.8 million in one-time CDBG funds through the new Neighborhood Stabilization Program (NSP) in addition to its annual CDBG entitlement; and WHEREAS, on November 25, 2008, Council approved the submittal of an amendment of the Fiscal Year 2008/2009 Action Plan, HUD approved the amendment on January 13, 2009, and on March 24, 2009, Council appropriated $2,830,072 in CDBG NSP funds consistent with the approved plan; and WHEREAS, HUD approved a substantial amendment to the City of Chula Vista 2008/2009 Action Plan for the additional uses of program income not to exceed $1,750,000 for rental housing, of which $1,000,000 has already been expended; and WHEREAS, on March 23, 2010, pursuant to Council Resolution No. 2010-059, Council authorized the City Manager to reallocate unobligated NSP funds with existing non-profit NSP contractors/developers. Resolution No. 2012-100 Page No. 2 NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista approves the amendment to the agreement between the City of Chula Vista and the San Diego Community Housing Corporation for the acquisition and rehabilitation of abandoned or foreclosed properties using NSP funds and for the use of HOME funds for uses previously approved by Council, and authorizes the City Manager to execute the amendment and any documents necessazy to secure the City's financial interest. Approved as to form by Gary Halber P.E., AICP len R. ogins Assistant Ci Manager/Director of ity Atto ey Development Services PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 12th day of June 2012 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan, Castaneda, Ramirez and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None Cheryl Cox, a or ATTEST: __~`~~ ~ Donna R. Noms, MC, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2012-100 was duly passed, approved, and adopted by the City Council at a regulaz meeting of the Chula Vista City Council held on the 12th day of June 2012. Executed this 12th day of June 2012. /` (/ ~„ , , „ ~ J ~ °'~l~u%0 Donna R. Norris, CMC, City Clerk