Loading...
HomeMy WebLinkAboutReso 2022-046 DocuSign Envelope ID:921AAOE4-4F8D-491E-9476-78F394D14B83 RESOLUTION NO. 2022-046 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA (1) AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT AND NECESSARY AMENDMENTS, AS NEEDED, FOR CONSULTANT SERVICES BETWEEN THE SAN DIEGO HOUSING COMMISSION AND THE CITY OF CHULA VISTA TO ADMINISTER A FIRST TIME HOMEBUYER ASSISTANCE PROGRAM; (2) AUTHORIZING THE PURCHASING AGENT TO EXECUTE FOUR ONE-YEAR OPTIONS TO EXTEND; (3) AUTHORIZING THE DIRECTOR OF DEVELOPMENT SERVICES OR DESIGNEE TO EXECUTE OR AMEND ANY AND ALL FIRST TIME HOMEBUYER LOAN DOCUMENTS; AND APPROPRIATING FUNDS THEREFOR WHEREAS, on June 15, 2021, Council adopted Resolution No. 2021-112 which added $779,672 in funding for a First-Time Homebuyer ("FTHB") Program to assist low-income homebuyers; and WHEREAS, the FTHB provides homebuyer assistance to those who make less than eighty percent (80%) of the Area Median Income for the San Diego County Region; and WHEREAS, the San Diego Housing Commission ("SDHC") submitted a proposal in response to the City's RFQ (RFQ Q13-20-21); and WHEREAS, the City is desirous of contracting with SDHC due to their experience in implementing a FTHB program in accordance with local, state, and federal statutes; and WHEREAS, the City wishes to enter into a Consultant Services Agreement with SDHC for an initial one-year term, with an option to extend by mutual agreement for up to four additional years, in one-year increments. A copy of said Agreement, in substantial form, is on file with the City Clerk's Office; and WHEREAS, the City has sufficient fund balance to relaunch the program due to loan payoffs and funding allocations from various sources as shown in the table below; and DocuSign Envelope ID:921AAOE4-4F8D-491E-9476-78F394D14B83 Resolution No. 2022-046 Page No. 2 Program Funding Source Total Appropriation/Allocation Balanced Communities Program City Repayments and $1,636,509.62 (City) Unal located Funding Cal-Home (State HCD) Cal-Home Loan $254,497.58 Repayments HOME Investment Partnership Act HOME Loan Repayments $1,286,614.45 (CPD-HUD) and Funds Allocated per Reso-2021-112 Total $3,177,621.65 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, based upon the above findings, (1) that it authorizes the City Manager to execute a City of Chula Vista Consultant Services Agreement and any necessary amendments, as needed, between City and SDHC in accordance with the general terms and conditions as outlined in the agenda statement and attendant State, local and federal requirements, using the fund balance above to implement a FTHB Program, on a form approved by the City Attorney, a copy of which shall be kept on file in the Office of the City Clerk; (2) that it authorizes the Purchasing Agent to execute up to four one- year options to extend; (3) that is authorizes the Director of Development Set-vices to execute or amend any and all first time homebuyer loan documents. NOW, THEREFORE, BE IT FURTHER RESOLVED by the City Council of the City of Chula Vista that it further authorizes the appropriation of such funds in the City's Housing Authority Fund in Fiscal Year 2022/23 with expenditures made in accordance with the respective funding sources. [SIGNATURES ON THE FOLLOWING PAGE] DocuSign Envelope ID:921AAOE4-4F8D-491E-9476-78F394D14B83 Resolution No. 2022-046 Page No. 3 Presented by Approved as to form by DocuSigned by: DocuSigned by: E AA76F15D450845D... CF406508504446F... Tiffany Allen Glen R. Googins Director of Development Services City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 1 st day of March 2022 by the following vote: AYES: Councilmembers: Cardenas, Galvez, McCann, and Casillas Salas NAYS: Councilmembers: None ABSENT: Councilmembers: Padilla EN+DocuSigned by: 4� � 41 062BFD7C0386456... Mary Casillas Salas, Mayor ATTEST: DocuSigned by: 3074D104FAF34?F_. Kerry K. Bigelow, MMC, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2022-046 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 1 st day of March 2022. Executed this 1 st day of March 2022. E�Q/"Wel by: F'""�^ el / 'i'0........-.,7 3074D104EAF342E... Kerry K. Bigelow, MMC, City Clerk