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HomeMy WebLinkAboutCC RESO 14,393RESOLUTION NO. 14,393 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA AUTHORIZING AND APPROVING THE FILING OF AN APPLICATION WITH THE U. S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT FOR A HOUSING DEVELOPMENT GRANT WHEREAS, the voters of National City, in the Special Election held in 1977, approved the construction of 300 units of low rent housing for senior citizens in National City; and WHEREAS, 150 of the 300 units were built by the Community Development Commission of the City of National City, California (CDC) at Morgan Towers, 1415 "D" Avenue in 1979 and are assisted by the U. S. Department of Housing & Urban Development (HUD) through the Section 8 Housing Assistance Payments Program (new construction), leaving 150 units yet to be constructed; and WHEREAS, the waiting list at Morgan Towers is over 600 and the need for additional units for elderly is apparent; and WHEREAS, the Community Development Commission of the City of National City, California in 1983 set $2 million of its redevelopment tax increment funds in its Seniors Housing Construction Fund and the Community Development Commission is now putting an additional $1.9 million in said Fund from its $9.5 million National City Downtown Redevelopment Project tax allocation bond issue, for a total of $3.9 million plus accrued interest and interest yet to accrue which will assure the required $4 million in the Fund; and WHEREAS, HUD has a new Housing Development Grant Program, National City is on the list of Cities in the United States which may apply, and National City's situation fits the parameters of the Program insofar as National City has voter approval, has an excellent site ready to be built upon, and $4 million in cash on hand for the construction of the building; and WHEREAS, if National City can obtain a $3 million Housing Development Grant pursuant to the Program the building can be built for cash and therefor not require long term continuing subsidies, thus saving the Federal and local taxpayers many millions of dollars; and WHEREAS, the Community Development Commission of the City of National City (a redevelopment agency and a housing authority operating pursuant to the applicable laws of the State of California) has prepared a specific Application for a Housing Development Grant to HUD; and WHEREAS, a Notice of Public Hearing in connection with this Application for a Housing Development Grant was published in the National City Star News, a newspaper of general circulation in the City of National City and a public hearing was held on this matter on August 7, 1984 at a regularly scheduled meeting of the City Council; NOW, THEREFORE, BE IT RESOLVED that the Mayor is authorized, on behalf of the City Council, to file an Application for a Housing Development Grant in an amount not to exceed $3 million with the U. S, Department of Housing & Urban Development pursuant to Section 17 of the U.S. Housing Act of 1937 as amended on November 30, 1983, and pursuant to the related administrative regulations and the City Clerk is authorized to attest to this Resolution. PASSED AND ADOPTED this 7th day of August, 1984. ATTEST: r Campbell, City er