HomeMy WebLinkAboutCC RESO 14,809RESOLUTION ND. 14,809
RESOWTICN OF TELE CITY aucIL OF THE CITY OF
NATIONAL CITY, CALIFORNIA, AUHDRIZAN014ID11F.NIS 10
THE GRANT ACNEEMENT RI. KINBALL TUNERS,
NATIONAL CITY, CALIFORNIA
M EAS, the City Council of the City of National City,
California, by adoption of Resolution No. 14,726 on August 27, 1985
authorized and approved a Grant Agreement with the U. S. Dept. of
Housing do Urban Development (HUD) and said Grant Agreement was executed
on August 27, 1985; and
SFAS, HUD by letter dated November 15, 1985 has requested
certain amendments to the Grant Agreement.
NOW, THEREFORE, BE IT RESOLVED by the City Cbuncil of the
City of National City, California, that the Grant Agreement for Kimball
Towers, Project No. CAO03ff 401, executed by HUD on August 14, 1985 and
by the City of National City on August 27, 1985 is hereby authorized to
be amended as may be required by HID to reflect 120 as the number of
units for which priority will be given to lower income households; and
BE IT FURRIER RESOLVED that Exhibit E of the Grant Agreement
is hereby authorized to be emended to reflect accurate dates of Grantee
and Non -Grantee Activity.
PASSED AND ADOPTS this 3rd day of December, 1985.
Kile Nbrgan, or
ATI15l':
a
Ion Campbell, City lerk
Approved as to form:
1/J
George H. Eiser, III - City Attorney
OFFiCEZIFTHEASSUSTANIbran
'110119.16*.EDERALHOUSING CC MER
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
WASHINGTON, D.C. 20410-8000
NOV f , roP=
Mr. Arnold A. Peterson
Community Development Commission
1234 National City Boulevard
National City, CA 92050
Dear Mr. Peterson:
Enclosed please find a copy of the comments made by our legal counsel
on the Kimball Towers Housing Development Grant Evidentiary package. Please
respond accordingly.
Please beadvised that an Amendment to the Grant.Agreement is .being
prepared in accordance with Item 2.
We look forward to working with you to complete the Kimball Towers
project.
Enclosure
Sincerely,
ssica Franklin
cting Director
Development Grant Division
t
7
Nov 13 1985
NOTE TO: Jessica Franklin, Acting Director Housing Development
Grant Division, 11115G
F1tUM: George Weidenfeller, Attorney Advisor,
Assisted Housing Divison, Obi
SUBJECT: National City, California
Supplemental Evidentiary Material
This Office and the L.A. Field Counsel have reveiwed the additional
information stitini.tted in rawaase to .our carments :on _ttheearlier sutraissions
of evidentiary material and we have the -following camnents:
1. Covenants - When does the initial period discussed in paragraph 1.h.
of the definitions begin? The initial period should be the period between the
-time the units are initially available for occupancy and the time that 50
percent of the units are occupied. The paragraph should be clarified.
2. lbe grant agre.enent should be_anended to reflect the accurate nuaber
of units for which priority will be given to lower income households, i.e..120
units rather than all of the units as currently indicated in the grant
agreement. The amendment should also reflect the accurate dates in Exhibit E.
3. All documents sutmitted in draft must be executed and resumitted to
this Office and the L.A. Field Office.
4. The revised title policy, to be submitted after execution and
recordation of the revised HCG documents, will require legal review. It
gfieuhld be .a'accriiIete and binding policy, with ..a..legal :cieseriptinn matching
thatcontained in other -documents. It-r ist :fur..ther. Indicate that the ECG Deed
of Trust is a first lien on the property.
cc: Robert Kenison
Janine Dolezel
1C disc#5
• •
•
• Grantee National City, California Grant Number CAD03HG401
EXHIBIT E
PROJECT PERFORMANCE SCHEDULE -
I
(a) The evidentiary materials described in Exhibit D of this Grant
Agreement must be submitted to the Secretary of the Grantee not later than
January 1986.
(b) Upon notification to the Grantee of the approval by the Secretary of
the evidentiary materials required by subparagraph (a) above, Grantee shall be
authorized to draw down Grant Funds in accordance with section 9.03 of this Grant
Agreement . consistent -with Letter : of Credit or . Electronic Transfer procedures and
other provisions of this Grant Agreement.
II
The Grantee Activities described in Exhibit. B of this Grant Agreement and
the Non -Grantee Activities described in Exhibit C : of this Grant Agreement shall be
commenced and completed in accordance with the following schedule:
Grantee Activity Date
Execute Grantee Agreement 10/85
Non -Grantee Activity
Commence Construction
Complete.: Construction
Initial Occupancy
Fifty. Percent Occupancy
Complete . Occupancy
Date
1/86
1/87
2/87
3/87
4/87