HomeMy WebLinkAboutCC RESO 92-85RESOLUTION NO. 92-85
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
ACCEPTING THE OFFER OF THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY (CDC)
TO BUY CITY OWNED SURPLUS LAND FOR $652,400
WHEREAS, the City Council of the City of National City on March
17, 1992, by adoption of Resolution No. 92-40, approved a Comprehensive
Housing Affordability Strategy (CHAS), a five year housing and community
development projection, consisting of 85 pages, which was transmitted to the U.S.
Department of Housing and Urban Development (HUD) for its review and
approval and HUD has approved the CHAS; and
WHEREAS, the City Council, on March 17, 1992, also approved
CHAS Housing Programs, 1991-1992, including a Home Improvement Loan
Program, $375,000, a First Time Homebuyers Program $187,500 and a Rental
Rehabilitation Program $175,000 for a total of $750,000 using CDC tax increment
20% set aside money and $750,000 (HUD $576,000 and State of California
$174,000) HOME Grant Funds for the production of housing for very large, very
low income families through the Metropolitan Area Advisory Committee (MAAC),
Community Housing Development Organization (CHDO); and
WHEREAS, the City owns property which is surplus to the City's
needs and which is suitable for approximately 12 home sites for first time
homebuyers and two planned developments for approximately 4 rental units each
for very large, very low income families with Section 8 Housing Assistance; and
WHEREAS, the CDC, by adoption of Resolution No. 92-11
(Housing) on March 17, 1992, authorized an appraisal of parcels numbered 11,
12, 13, 21, 31, 33, 41, 44, 51, 52, 53 and 54 on the list of City owned real
properties dated December 3, 1991 by Truman Brooks, Realtor and Appraiser,
Bonita, California for $3,200 and Truman Brooks completed his appraisal on April
7, 1992 and the Executive Director of the CDC reviewed each appraisal report and
recommended approval thereof and also recommended that the CDC offer to buy
the appraised properties from the City at their appraised values which total
$652,400 subject to clear marketable title of each such property and subject to the
City reimbursing the CDC for title reports, title insurance in the amount of the
purchase price of each parcel and one half of the escrow fees; and
Continued on Page Two
Resolution No. 92-85
Page 2 of 2
WHEREAS, the CDC Board considered the appraisal reports by
Truman Brooks and the recommendation of the Executive Director and the Board
authorized the Executive Director to make the offer; and
WHEREAS, the City Council has considered the individual Appraisal
Reports and the Appraisal Summary by Truman Brooks, Realtor and Appraiser,
Bonita, California dated April 7, 1992 and the City Council wished to accept the
CDC's offer in the amount of $652,400 subject to the CDC receiving clear
marketable title of each such property and subject to the City reimbursing the
Commission for title reports, title insurance in the amount of the purchase price
of each parcel, and one half of the escrow fees; and
WHEREAS, the City has made the written offers to sell or lease the
subject properties to the entities specified in Government Code Section 54222, and
none of said entities has notified the City of its intent to purchase or lease said
properties as required by Government Code Section 54222.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of National City that the Mayor is hereby authorized to convey the City
owned parcels to the Community Development Commission for the appraised
values set forth in Appraisal by Truman Brooks, Realtor and Appraiser dated April
7, 1992 subject to clear marketable title of each such property and subject to the
City reimbursing the Commission for title reports, title insurance in the amount of
the purchase price of each parcel and one half of the escrow fees.
PASSED and ADOPTED this 19th day of May, 1992.
ATTEST:
Lori Anne Peoples, City Cl k
APPROVED AS TO FORM:
gwAl .2fC
George H. Eiser, III
City Attorney
George H.
_ oL
aters, Mayor