HomeMy WebLinkAboutrda min 2003/10/07 CC & HA MINUTES OF AN ADJOURNED REGULAR MEETING OF THE CITY COUNCIL,
A REGULAR MEETING OF THE REDEVELOPMENT AGENCY
AND A SPECIAL MEETING OF THE HOUSING AUTHORITY
OF THE CITY OF CHULA VISTA
October 7, 2003 4:00 p.m.
An Adjourned Regular Meeting of the City Council, a Regular Meeting of the Redevelopment
Agency ,and a Special Meeting of the Housing Authority of the City of Chula Vista were called
to order at 6:03 p.m. in the Council Chambers, located in the Public Services Building, 276
Fourth Avenue, Chula Vista, California.
ROLL CALL:
PRESENT: Agency/Authority/Councilmembers: Davis, McCann, Rindone, Salas, and
Chair/Mayor Padilla
ABSENT: Agency/Authofity/Councilmembers: None
ALSO PRESENT: Executive Director/City Manager Rowlands, Agency/Authority/
City Attorney Moore, and Assistant City Clerk Norris
CONSENT CALENDAR
1. WRITTEN COMMUNICATIONS
A. Memorandum requesting that Agency Member McCann's absence fi.om the
September 30, 2003 meeting be excused.
Staffrecommendation: Agency excuse the absence.
2. COUNCIL RESOLUTION NO. 2003-431 AND REDEVELOPMENT AGENCY
RESOLUTION NO. 1844, RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA APPROVING THE
2003 HOLIDAY LIGHTING PROGRAM; AUTHORIZING WAIVING THE FORMAL
BIDDING PROCESS AND AWARDING A SOLE SOURCE PURCHASE
AGREEMENT TO DEKRA-LITE; APPROPRIATING FROM THE AVAILABLE
BALANCE OF THE RCT FUND ($54,000) AND TCI FUND ($17,400); AND
DIRECTING STAFF TO IMPLEMENT THE 2003 HOLIDAY LIGHTING PROGRAM
The holiday lighting program is a continued effort undertaken by the City to celebrate the
holiday season. Since the program's inception in 1999, Dekra-Lite has decorated the
downtown area with a variety of colorful holiday lights, displays, and thematic banners,
including the lighting .of three freeway overpasses. The 2003 holiday lighting program
officially commences following the conclusion of the downtown Starlight Yule Parade,
which usually takes place on the first Saturday of December. Part of the program
involves installing tree lights in the downtown area in mid-October and keeping them up
until April to correspond to daylight savings time. (Continued from the meeting of
9/30/03) (Community Development Director).
Staffrecommendation: Council/Agency adopt the resolution.
CONSENT CALENDAR (Continued)
ACTION: Chair/Mayor Padilla moved to approve staff's recommendations and offered the
Consent Calendar, headings read, texts waived. Item 1 was approved 4-0-1, with
Agency/Authofity/Councilmember McCann abstaining; and Item 2 was approved
4-0-1, with Agency/Authority/Councilmember Salas abstaining due to the
proximity of her residence to the program location.
ORAL COMMUNICATIONS
There were none.
ACTION ITEMS
3. CONSIDERATION OF THE ISSUANCE OF $11,686,000 IN TAX EXEMPT BONDS
FOR THE FINANCING OF THE RANCHO VISTA APARTMENTS
This item requests that the Housing Authority approve a bond resolution authorizing the
issuance of $11,686,000 in tax-exempt bonds for the financing of the Rancho Vista
Apartments project and the execution of related documents in substantially the form on
file with the City Clerk. In addition, as a condition of the Agency's/City's financial
assistance, the developer is to enter into a loan and regulatory agreement with the Agency
and the City specifying the terms of the financial assistance and use of the Rancho Vista
Apartments project as an affordable housing development for low and moderate-income
households for a period of 55 years. (Community Development Director)
ACTION: Agency/Councilmember Davis offered Housing Authority Resolution No. HA-24,
Council Resolutions Nos. 2003-432 and 2003-433, and Agency Resolutions Nos.
1845 and 1846, headings read, texts waived.
A. HOUSING AUTHORITY NO. HA-24, RESOLUTION OF THE HOUSING
AUTHORITY OF THE CITY OF CHULA VISTA AUTHORIZING THE
ISSUANCE OF MULTI-FAMILY HOUSING REVENUE BONDS, SERIES
2003 A AND SUBORDINATE MULTI-FAMILY HOUSING REVENUE
BONDS SERIES 2003 B, IN A COMBINED PRINCIPAL AMOUNT NOT TO
EXCEED $11,686,000 FOR THE PURPOSE OF FINANCING THE
ACQUISITION AND CONSTRUCTION OF THE RANCHO VISTA MULTI-
FAMILY RENTAL HOUSING PROJECT, APPROVING AND
AUTHORIZING THE EXECUTION AND DELIVERY OF ANY AND ALL
DOCUMENTS NECESSARY TO ISSUE THE BONDS AND IMPLEMENT
THIS RESOLUTION
B. COUNCIL RESOLUTION NO. 2003-432, AND AGENCY RESOLUTION NO.
1845, RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA
APPROVING A LOAN AGREEMENT AND RELATED RESTRICTWE
COVENANTS AND APPROPRIATING $1,000,000 FROM THE AVAILABLE
BALANCE IN THE AGENCY'S LOW AND MODERATE INCOME
HOUSING FUND AND $500,000 FROM THE CITY'S HOME FUNDS FOR
FINANCIAL ASSISTANCE TO CIC EASTLAKE, L.P. FOR THE
DEVELOPMENT AND OPERATION OF RANCHO VISTA
Page 2 Council/RDA/HA Minutes 10/07/03
ACTION ITEMS (Continued)
C. COUNCIL RESOLUTION NO. 2003-433 AND AGENCY RESOLUTION NO.
1846, RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA
APPROVING THE AFFORDABLE HOUSING AGREEMENT BY AND
BETWEEN THE REDEVELOPMENT AGENCY, THE CITY OF CHULA
VISTA, AND CIC EASTLAKE, L.P. AND AUTHORIZING THE EXECUTION
OF SAID AGREEMENT
The motion carded 5-0.
OTHER BUS]NESS
4. DIRECTOR'S REPORTS
There were none.
5. CHAIR/MAYOR REPORTS
There were none.
6. AGENCY/COUNCIL COMMENTS
There were none.
ADJOURNMENT
At 6:08 p.m., Chair/Mayor Padilla adjourned the meeting to an adjourned regular meeting of the
Redevelopment Agency on October 14, 2003, at 6:00 p.m., immediately following the City
Council meeting.
Donna Norris, Assistant City Clerk
Page 3 Council/RDA/HA Minutes 10/07/03