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HomeMy WebLinkAboutcc min 1999/05/18 RDA & HAMINUTES OF A JOINT MEETING OF THE REDEVELOPMENT AGENCY, THE CITY COUNCIL AND THE HOUSING AUTHORITY OF THE CITY OF CHULA VISTA, CALIFORNIA May 18, 1999 A joint meeting of the Redevelopment Agency, the City Council, and the Housing Authority of the City of Chula Vista was called to order at 7:32 p.m. (immediately following the City Council meeting) in the Council Chambers located in the Public Services Building, 276 Fourth Avenue, Chula Vista, California. Agency/Council/Authority Members Davis, Moot, Padilia, Salas, and Chair/Mayor Horton ABSENT: None ALSO PRESENT: Executive Director/City Manager Rowlands, Agency/Authority/City Attorney Kaheny, City Clerk Bigelow 2. APPROVAL OF MINUTES ACTION: Agency/Council/Authority Member Salas moved to approve the minutes of April 20, April 27 and May 4, 1999, as submitted. Agency/Council/Authority Member Davis seconded the motion, and it carried 5-0. ORAL COMMUNICATIONS There were none. PUBLIC HEARINGS AND RELATED RESOLUTIONS AND ORDINANCES 3. PUBLIC HEARING TO CONSIDER THE SALE OF SPACE 129 AT ORANGE TREE MOBILEHOME PARK Staff Recommendation: Continue the item to the meeting of May 25, 1999. Agency Chair Horton opened the public hearing and asked if anyone wished to speak. There was no response. ACTION: Chair/Mayor Horton moved to continue the hearing to the meeting of May 25, 1999, as recommended by staff Agency/Council/Authority Member Padilla seconded the motion, and it carried 5-0. 6:00 P.M. CALL TO ORDER 1. ROLL CALL: PRESENT: ACTION ITEMS 4a) HOUSING AUTHORITY RESOLUT1ON HA-09, AUTHORIZING THE ISSUANCE, SALE AND DELIVERY OF THE HOUSING AUTHORITY OF THE CITY OF CHULA VISTA MULTI-FAMILY HOUSING MORTGAGE REVENUE BONDS (VILLA SERENA PROJECT), SERIES 1999A. AND THE HOUSING AUTHORITY OF THE CITY OF CHULA VISTA MULTI-FAMILY HOUSING MORTGAGE REVENUE BONDS (VILLA SERENA), SERIES 1999B, IN A COMBINED PRINCIPAL AMOUNT NOT-TO-EXCEED $7,000,000, AUTHORIZING THE EXECUTION AND DELIVERY OF SUCH BONDS AND OTHER RELATED DOCUMENTS, AND APPROVING OTHER ELATED ACTIONS IN CONNECTION WITH THE ISSUANCE OF THE BONDS b) COUNCIL RESOLUTION #19468, APPROVING THE FIRST AMENDMENT TO THE AFFORDABLE HOUSING AGREEMENT WITH A.C.l. SUNBOW, LLC DECLARING CERTAIN AFFORDABLE HOUSlNG OBLIGATIONS FOR SUNBOW II SATISFIED SUBJECT TO CONDITIONS c) COUNCIL RESOLUTION # 19469, AUTHORIZING THE EXECUTION AND DELIVERY OF A HOUSING COOPERATION AGREEMENT RELATED TO THE VlLLA SERENA PROJECT d) AGENCY RESOLUTION #1626, APPROV1NG A LOAN AGREEMENT AND RELATED RESTRICTED COVENANTS BY AND BETWEEN THE AGENCY AND SERENA SUNBOW, L.P. A.C.I. Sunbow, LLC entered into an Affordable Housing Agreement dated May 13, 1997, committing them to provide low income and moderate income affordable housing units within the Sunbow lI subdivision. A.C.I. Sunbow LLC has proposed to satisfy a portion of its obligations under the Affordable Housing Agreement with the development of a 132-unit senior housing apartment project to be known as "Villa Serena." The project will be located on the northeast corner of Medical Center Drive and Medical Center Court, within the Sunbow II subdivision of eastern Chula Vista. On November 10, 1998. the Council conducted a public hearing, and the Housing Authority adopted a Resolution expressing its intent to issue multi-family housing revenue bonds to finance Villa Serena. At this time, the Housing Authority is asked to approve a bond Resolution authorizing the issuance of $7,000,000 in tax exempt bonds for the financing of the project and execution in substantial form and other related documents. An amendment to the Affordable Housing Agreement is also being presented declaring a portion of the affordable housing obligations under this Agreement satisfied upon completion of construction of 64 low income and 68 low and moderate income housing units within Villa Serena and verification of occupancy of these housing units by qualified households. Page 2 - RDA/CC/HA 05/18/99 ACTION ITEMS (Continued) On February 16, 1999, the Council adopted Resolution No. 18377, granting a Conditional Use Permit for the project and allowing density bonus and a reduction in development standards pursuant to state law. As a condition of the Conditional Use Permit and the approval of the density bonus granted, the developer is to enter into an agreement with the City. On April 20, 1999, the Agency adopted Resolution No. 1624, approving financial assistance in the amount of $275,000 for the development of the project. As a condition of the Agency's financial assistance, the developer is to enter into a loan agreement with the Agency specifying terms of the financial assistance. The First Amendment, Housing Cooperation Agreement, and the Agency Loan Agreement were then presented for consideration. (Community Development Director) Staff recommendation: The Cot~nci], Housing Authority and Agency adopt the Resolutions. Staff presented plans and elevations for the Villa Serena senior apartment complex. ACTION: Mayor/Chair Horton offered Housing Authority Resolution No. HA-09, Council Resolutions No. 19468 and 19469, and Agency Resolution No. 1626, headings read, texts waived. The motion carried 5-0. OTHER BUSINESS 5. DIRECTOR'S KEPORTS There were none. 6. CHAIR'S REPORTS There were none. 7. AGENCY MEMBER COMMENTS There were none. At 7:43 p.m., Chair/Mayor Horton recessed the meeting to closed session. Page 3 - RDA/CC/HA 05/18/99 CLOSED SESSION 8. CONFERENCE WITH REAL PROPERTY NEGOTIATOR PURSUANT TO GOVERNMENT CODE SECTION 54956.8 Property: 340-368 Bay Boulevard (5 parcels totaling 3.65 acres): 567-022-35 340 Bay Boulevard 1.02 acres 567-022-17 350 Bay Boulevard 0.65 acres 567-022-31 360 Bay Boulevard 0.73 acres 567-022-33 364 Bay Boulevard 0.63 acres 567-022-28 368 Bay Boulevard 0.62 acres Negotiating Parties: City/Redevelopment Agency (Chris Salomone); San Diego Unified Port District; B.F. Goodrich Under Negotiations: Purchase/lease terms and conditions No action was taken. ADJOURNMENT At 8:55 p.m., Chair/Mayor Horton adjourned the meeting Respectfully submitted, Susan Bigelow, CMC/AAE, City Clerk Page 4 - RDA/CC/HA 05/18/99