HomeMy WebLinkAboutrda min 1984/04/10
MINUTES OF AN ADJOURNED REGULAR MEETING OF THE REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA, CALIFORNIA
Tuesday, April 10, 1984 Council Chambers
11 :35 p.m. Public Services Building
ROLL CALL
MEMBERS PRESENT Chairman Cox; Members Malcolm, Moore, McCandliss
MEMBERS ABSENT Member Scott
STAFF PRESENT Executive Director Goss, City Attorney Harron,
Director of Community Development Desrochers
ITEM NO.1 - REPORT: DEVELOPMENT OF PARCEL 3
Chairman Cox announced that the staff has not received all the information on
this item and is requesting a continuance.
MSUC (Cox!McCandliss) to continue this item to April 19.
ITEM NO.2 - RESOLUTION 502 APPROVING FINANCIAL ASSISTANCE TO LIONS CLUBS OF
CHULA VISTA FOR HOUSING PRDJ ECT SUBJECT Tn
CERTAI N CONDITIONS AND APPROPRIATING FUNDS
THEREFOR
Housing Coordinator Gustafson explained that on December 6, 1983, the Agency
approved the assi stance in the amount of $6,000 to the Lions Cl ub to study
the feasibility of developing a Lions Manor Senior Housing Project at Fourth
Avenue and Mankato Street. The result of that study was a compilation of an
application to HUD by the Lions Club for funding of an 89-unit subsidized
seni or and handicapped rental project. The Lions Cl ub is requesting cash
assistance from the Agency to enhance the HUD application. The Club's
request has been analyzed by the Agency's Housing Consul tant, Monfric
Incorporated, and the recommendation is to approve the request for an
appropriation of $791,000 from the unappropriated revenues of the
Redevelopment Agency Low and Moderate Income Housing Fund. Detail ed staff
recommendations were:
1. Approve a grant to Lions Manor from the Low and Moderate Income Housing
Fund for the actual costs associated with providing 40 covered parking
spaces in the Lions Manor Project; that grant not to exceed $500,000.
2. Approve a grant to Lions Manor from the Low and Moderate Income Housing
Fund for the actual costs associated with providing balconies/patios for
the subject units and a fascia or roof line treatment as required by the
City's design review process, that grant not to exceed $50,000.
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Adjourned Regular Meeting _2_
of the Redevelopment Agency April 10, 1984
3. Approve a deferred, non-interest bearing loan from the Low and Moderate
Income Housing Fund to Lions Manor for acquisition of the parcel ow~ed by
a separate party, for the purpose of including that parcel in the project
site. The amount of that loan would be equal to an opinion of market
value rendered by a qualified MAl appraiser and acceptable to the Agency,
but not to exceed $221,000. The loan would be due and payable upon
funding by HUD of the Section 202/8 mortgage.
4. Approve a grant not to exceed $20,000 to Lions Manor from the Low and
Moderate Income Housing Fund for the actual cost of satisfying any
relocation responsibilities of the Agency and the Lions Club under the
Uniform Property Acquisition and Relocation Act.
5. Make the above approvals contingent upon;
a. The execution of a cooperative agreement between the Agency and the
Lions Club establ ishing the terms and conditions of the grants and
the loan.
b. The securing by the Lions Club of all City development approvals.
c. Funding of the Lions Manor Section 202/8 project by HUD.
Mr. Gustafson commented that the staff is now recommending that instead of
the non-interest loan to the Lions Cl ub, the City purchase the property and
then transfer the site at a later time to the Lions Club (modification of
recommendation No.3) and be reimbursed for its cause.
Agency discussion continued regarding the site plan of the proposal, the
funding the Lions may receive from HUD, the 18 months it takes to receive the
funding, an appraisal request will be comi ng back to the Counc il , the
structure will be four-story buildings, deadl ine of submitting the proposal
to HUD is April 30.
MSUC (Malcolm/McCandliss) for an amendment to the resol ution for the City
Attorney to include the purchase of the property instead of the no-interest
loan to the Lions Cl ub.
RESnLUTION AS AMENDED OFFERED BY MEMBER MALCOLM, reading of the text was
waived by unanimous consent, passed and approved with Councilman Scott absent.
The Agency adjourned at 11:50 p.m.
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City Clerk
WPC 1058H
NR/PAG
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