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HomeMy WebLinkAboutcc min 1994/10/11 RDA MINUTES OF A JOINT MEETING OF THE REDEVELOPMENT AGENCY/ CITY COUNCIL OF THE CITY OF CHULA VISTA Tuesday, October 11, 1994 Council Chambers 8:25 p.m. Public Services Building CALL TO ORDER 1. ROLL CALL: PRESENT: Agency/Council Members Fox, Hotton, Moore, Rindone, and Chairman/Mayor Nader ALSO PRESENT: John D. Goss, Director/City Manager; Bruce M. Boogaard, Agency/City Attorney; and Beverly A. Authelet, City Clerk 2. APPROVAL OF MINUTES: October 4, 1994 MSUC (Rindonealorton) to approve the minutes of October 4, 1994 as presented. BUSINESS 3.A. RESOLUTION 17682 APPROVING A HOUSING DEVELOPMENT AND LOAN AGREEMENT INCLUDING AFFORDABILITY COVENANTS AND ASSOCIATED LOAN DOCUMENTS WITH SOUTH BAY COMMUNITY SERVICES FOR THE ACQUISITION AND REHABILITATION OF 12 UNITS AT 17 FOURTH AVENUE FOR TRANSITIONAL HOUSING FOR HOMELESS FAMILIES; AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT AND ASSOCIATED DOCUMENTS; AND APPROPRIATING $360,016 IN FEDERAL HOME PROGRAM FUNDS IN ORDER TO FUND CITY'S LOAN OBLIGATION THEREUNDER AND CITY'S LOAN REPAYMENT OBLIGATION THEREUNDER WITH RESPECT TO 50% OF A $200,000 LISC LOAN TO SOUTH BAY COMMUNITY SERVICES--On 7/28/92 the Council/Agency gave conditional approval of financial assistance to South Bay Community Services (SBCS) to acquire and rehabilitate 12 units at 17 Fourth Avenue for transitional housing for homeless families. SBCS is now ready to acquire the property after securing all necessary sources of funding and satisfy the conditions of the City/ Agency loan. Staff is requesting a minor modification in loan terms, loan document approval, and an appropriation of funds. Staff recommends approval of the resolutions. B. RESOLUTION APPROVING A HOUSING DEVELOPMENT AND LOAN AGREEMENT AND ASSOCIATED LOAN DOCUMENTS WITH SOUTH BAY COMMUNITY SERVICES FOR THE ACQUISITION AND REHABILITATION OF 12 UNffS AT 17 FOURTH AVENUE FOR TRANSITIONAL HOUSING FOR HOMELESS FAMILIES; AUTHORIZING THE CHAIRMAN TO EXECUTE SAID AGREEMENT AND ASSOCIATED DOCUMENTS; AND APPROPRIATING ' $118,000 IN REDEVELOPMENT AGENCY LOW- AND MODERATE-INCOME HOUSING FUNDS 1N ORDER TO FUND AGENCY'S LOAN REPAYMENT OBLIGATION THEREUNDER WITH RESPECT TO 50% OF A $200,000 LISC LOAN TO SOUTH BAY COMMUNITY SERVICES Agency/Council Member Rindone stated he would abstain from participation on the item. Agency/City Attorney Boogaard stated when the abstention was due to a property interest or some financial conflict potential the FPPC suggested that it be identified as a parcel of property within a distance regulated by the FPPC Minutes October 11, 1994 Page 2 from the project. Agency/Council Member Rindone owneA property within that radius. David Gustafson, Assistant Director of Community Development, stated the process began in July 1992. The transitional housing was for low-income people that had been homeless and had been helped to get back on their feet with short-term housing at 31 Fourth Avenue or the intervention of social service agencies. The conditions for the previously approved financing for the project had all been met and the funding phase of the project was ready to be completed. With Agency/Council approval South Bay Community Services would move forward to acquire and rehabilitate 12 rental units at 17 Fourth Avenue for transitional housing. RESOLUTIONS 17682 AND 1426 OFFERED BY AGENCY/COUNCIL MEMBER MOORE, reading of the text was waived, passed and approved 4-0-0-1 with Rindone abstaining. ORAL COMMUNICATIONS None OTHER BUSINESS 4. DIRECTOR'S/CITY MANAGER'S REPORT(S) - None 5. CHAIRMAN'S/MAYOR'S REPORT(S) - None 6. AGENCY/COUNCIL MEMBER COMMENTS - None ADJOURNMENT ADJOURNMENT AT 8:29 P.M. to the Regular Redevelopment Agency Meeting on Tuesday, October 18, 1994 at 6:00 p.m., immediately following the City Council meeting, in the City Council Chambers. Respectfully submitted, BEVERLY A. AUTHELET, CMC, City Clerk by: '\) "~'~, '~ , Vicki C. Soderquist, Deputy ei~lerk