HomeMy WebLinkAboutcc min 1996/01/09 RDA (2) MINUTES OF A JOINT MEETING OF THE REDEVELOPMENT AGENCY/
CITY COUNCIL OF THE CITY OF CHULA VISTA
Tuesday, January 9, 1996 Council Chambers
9:08 p.m. Public Services Building
CALL TO ORDER
1. ROLL CALL:
PRESENT: Agency/Council Members Alevy, Moot, Rindone, and Chair/Mayor Horton
ABSENT: Agency/Council Member Padilia
ALSO PRESENT: John D. Goss, Director/City Manager; Bruce M. Boogaard, Agency/City
Attorney; and Beverly A. Authelet
2. APPROVAL OF M1NUTES: None submitted.
BUSINESS
3. WRITTEN COMMUNICATIONS: None.
4.A. RESOLUTION 18178 AUTHORIZING AMENDMENT OF THE EXCHANGE AGREEMENT
BETWEEN THE CITY OF CHULA VISTA, THE REDEVELOPMENT AGENCY AND SWEETWATER
UNION HIGH SCHOOL DISTRICT TO EXTEND THE CLOSE OF ESCROW FROM DECEMBER 1, 1995
TO JUNE 1, 1996 FOR THE VETERANS HOME PROJECT--The City, Redevelopment Agency, and
Sweetwater Union High School District entered into a Memorandum of Understanding regarding Agency's proposed
acquisition of the Medical Center Drive site owned by the District in exchange for the Agency-owned Windmill
Farms site on Third Avenue. It is requested the Agreement be amended to extend the close of escrow. Staff
recommends approval of the resolutions.
B. RESOLUTION 1481 AUTHORIZING AMENDMENT OF THE EXCHANGE AGREEMENT BETWEEN
THE REDEVELOPMENT AGENCY, THE CITY OF CHULA VISTA, AND SWEETWATER UNION HIGH
SCHOOL DISTRICT TO EXTEND THE CLOSE OF ESCROW FROM DECEMBER I, 1995 TO JUNE 1,
1996 FOR THE VETERANS HOME PROJECT
Chri8 Salomone, Director of Community Development, informed the Agency/Council that the Veterans Committee
had met in Lancaster to look at a competing site and at that time they voted to keep Chula Vista the number one
site in the State.
Chair/Mayor Hotton questioned if the resolutions were approved if there would be a problem with the project.
Mr. Salomone responded that action by the Agency/Council would only extend the agreement with the School
District t~ purchase the land.
· Bill Ayers, 44 East Mankato Street, Chula Vista, CA, representing the San Diego County Veterans Advisory
Committee, stated they fully supported the staff recommendation. He urged staff to prepare the documents for the
Department of Veterans' Affairs.
RESOLUTIONS 18178 AND 1481 OFFERED BY CHAIR/MAYOR HORTON, reading of the text was
waived, passed and approved 3-0-1-1 with Padilia absent and Rindone abstaining.
5.A. RESOLUTION 18179 APPROVING THE APPLICATION TO THE CALIFORNIA DEBT LIMIT
ALLOCATION COMMITTEE (CDLAC) FOR AN ALLOCATION OF QUALIFIED MORTGAGE BONDS
AND ASSIGNING ITS ALLOCATION TO THE REDEVELOPMENT AGENCY TO IMPLEMENT;
ELECTING TO EXCHANGE SAID ALLOCATION FOR MORTGAGE CREDIT CERTIFICATES;
CERTIFYING THE AVAILABILITY OF FUNDS FOR THE REQUIRED PERFORMANCE DEPOSIT OF
Minutes
January 9, 1996
Page 2 -,..,
$200,000 AND AUTHORIZING ITS EXECUTION BY THE EXECUTIVE DIRECTOR--Staff recommends
the City apply for a $20,000,000 Mortgage Revenue Bond allocation which would be converted by a ratio of 4:1
resulting in $5,000,000 to be issued as approximately 202 MCC certificates. Staff recommends approval of the
resolutions.
B. RESOLUTION 1482 APPROVING THE APPLICATION TO THE CALIFORNIA DEBT LIMIT
ALLOCATION COMMITTEE (CDLAC) FOR AN ALLOCATION OF QUALIFIED MORTGAGE BONDS
AND ITS ALLOCATION TO THE REDEVELOPMENT AGENCY ACCEPTING CITY'S ASSIGNMENT
TO IMPLEMENT; ELECTING TO EXCHANGE SAID ALLOCATION FOR MORTGAGE CREDIT
CERTIFICATES; CERTIFYING THE AVAILABILITY OF FUNDS FOR THE REQUIRED
PERFORMANCE DEPOSIT OF $200,000 AND AUTHORIZING ITS EXECUTION BY THE EXECUTIVE
DIRECTOR
Mayor Horton questioned how the families would be identified for the 10% allocation set aside for low income
families.
Judy Foland, Administrative Analyst II, stated they would be targeted families earning 80% or less of the area
median income. The families were specified by income level.
Juan Arroyo, Housing Coordinator, responded that there was an existing waiting list as a result of staffs concerted
effort in outreach through the lenders, ~yers, and community colleges. Staff planned to increase their outreach if
the allocation was received, i.e. through local newspapers, social service organizations.
Chair/Mayor Horton requested that staff include the Board of Realtors.
RESOLUTIONS 18179 AND 1482 OI~}ERED BY AGENCY/COUNCIL MEMBER RINDONE, reading of
the text was waived, passed and approved 4-0-1 with Padilia absent.
ORAL COMMUNICATIONS
None
OTHER BUSINESS
6. DIRECTOR'S/CITY MANAGER'S REPORTfS) - None
7. CHAIR'S/MAYOR'S REPORT(S) - None
8. AGENCY/COUNCIL MEMBER COMMENTS
Member Alevv
MSC (Alevy/Rindone) to excuse Member Padilla's absence, approved 4-0-1 with Padilia absent.
ADJOURNMENT
ADJOURNMENT AT 9:08 P.M. to a Joint Regular Redevelopmerit Agency/City Council Meeting on January 16,
1996 at 6:00 p.m., immediately following the City Council meeting, in the City Council Chambers.
Respectfully submitted,
BEVERLY A. AUTHELET, CMC/AAE, City Clerk
Vicki C. So st~ CMC, De~y City Clerk