HomeMy WebLinkAboutReso 1998-19259 RESOLUTION NO. 19259
(AGENCY RESOLUTION NO. 1606)
JOINT RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA
APPROVING LOANS IN THE TOTAL AMOUNT OF $169,000 TO
SOUTH BAY COMMUNITY SERVICES FOR THE ACQUISITION
OF TWO PROPERTIES FOR THEIR OPERATION AS SUPPORTIVE
HOUSING FOR THE HOMELESS OR VERY LOW INCOME
FAMILIES AND THE APPROPRIATION OF $117,900 FROM THE
CITY OF CHULA VISTA'S HOME FUNDS AND $51,100 FROM
THE REDEVELOPMENT AGENCY'S LOW AND MODERATE-
INCOME HOUSING SET-ASIDE FUND THEREFOR
WHEREAS, South Bay Community Services has expressed a need to receive financial
assistance in the amount of $90,800 for the purpose of acquiring the property located at
Concord Way for its continued use as a domestic violence shelter site, other transitional living
programs, or housing for very low income families; and
WHEREAS, South Bay Community Services has expressed a need to receive financial
assistance in the amount of $78,200 for the purpose of acquiring the property located at
Regency Way for its continued use as a domestic violence shelter site, other transitional living
programs, or housing for very low income families; and
WHEREAS, the total property acquisition cost for the property located at Concord Way
is expected to be approximately $93,300, with a purchase price of $87,300 and other costs
associated with the purchase of the Property and implementation of this Agreement of
$6,000. South Bay Community Services expects to finance the acquisition of the Property
through a maximum loan of $52,300 from the Redevelopment Agency's Low and Moderate
Income Housing Set-Aside fund and a maximum loan of 839,700 from the City of Chula
Vista's HOME funds and its own resources of $2,500; and
WHEREAS, the total property acquisition cost for the property located at Regency Way
is expected to be approximately $80,700, with a purchase price of $74,700 and other costs
associated with the purchase of the Property and implementation of this Agreement of
$6,000. South Bay Community Services expects to finance the acquisition of the Property
through a maximum loan of $78,200 from the City of Chula Vista's HOME funds and its own
resources of $2,500; and
WHEREAS, said Housing Advisory Commission did, on the 26`h day of August, 1998,
hold a public meeting to consider said request for financial assistance; and
WHEREAS, the Housing Advisory Commission, upon hearing and considering all
testimony, if any, of all persons desiring to be heard, and considering all factors relating to the
request for financial assistance, has recommended to the City Council and the Redevelopment
Agency that the approprjation be approved because the Commission believes that the City's
and Agency's financial participation in the acquisition of the Properties for confidential
domestic violence shelter sites, other transitional living programs, or housing for very low
income families will be a sound investment based upon South Bay Community Services's
ability to effectively serve the City's housing needs and priorities as expressed in the Housing
Resolution 19259
Page 2
Element and the Consolidated Plan and the cost effectiveness of acquiring said properties
based on the appraised value of the properties and the leveraging of the financial assistance
recommended; and
WHEREAS, financial assistance for the acquisition of the properties for confidential
domestic violence shelter sites, other transitional living programs, or housing for very low
income families is consistent with the General Plan Housing Element and will allow for the
continued provision of shelter and supportive services for the homeless and housing for very
low income households; and
WHEREAS, the Environmental Projects Manager has determined that financial
assistance for the acquisition of properties located at Concord Way and Regency Way
represents a continuation of an existing use involving no expansion of use and is, therefore
exempt from environmental review pursuant to Section 15301(a) of the State CEQA
Guidelines.
NOW, THEREFORE, BE IT RESOLVED that the City Council and Redeveloprnent Agency
of the City of Chula Vista as follows:
1. Do hereby approve a loan in an amount not-to-exceed $39,700 from the City's
HOME funds and $51,100 from the Redevelopment Agency's Low and
Moderate Income Housing Set-Aside fund to South Bay Community Services for
the acquisition of property located at Concord Way for a domestic violence
shelter site, other transitional living programs, or housing for very low income
families.
2, Does hereby approve a loan in an amount not-to-exceed $78,200 from the
City's HOME funds to South Bay Community Services for the acquisition of the
property located at Regency Way for a domestic violence shelter site, other
transitional living programs, or housing for very low income families.
3. Do hereby authorize the Finance Director to appropriate a maximum of
$117,900 from the City of Chula Vista's HOME Funds and 851,100 from the
Redevelopment Agency's Low and Moderate Income Housing Set-Aside fund
for the purpose of providing loans in an amount not-to-exceed $90,800 and
$78,200 to South Bay Community Services for the acquisition of properties
located within the City of Chula Vista for domestic violence shelter sites, other
transitional living programs, or housing for very low income families.
4. That the Mayor and the Chairman of the Redevelopment Agency are hereby
authorized and directed to execute loan agreements and other associated
documents in order to implement this action on the terms presented in final
forms approved by the City/Agency Attorney.
5. Staff is directed to take such other actions as may be necessary or appropriate
to assist South Bay community Services with the acquisition of the subject
properties.
Resolution 19259
Page 3
Presented by Approved as to form by
Chris Salomone ny
Community Development Director
Resolution 19259
Page 4
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 10`h day of November, 1998, by the following vote:
AYES: Councilmembers: Moot, Padilia, Salas and H0rton
NAYS: Councilmembers: None
ABSENT: Councilmembers: Rindone
ABSTAIN: Councilmembers: None
Shirley HoZrt~', Mayor
ATTEST:
~Authelet, City Clerk
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
I, Beverly A. Authelet, City Clerk of Chula Vista, California, do hereby certify that the
foregoing Resolution No. 19259 was duly passed, approved, and adopted by the City Council
at a regular meeting of the Chula Vista City Council held on the 10'h day of November, 1998.
Executed this 10th day of November, 1998.
Beverly A.~Authelet, City Clerk