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HomeMy WebLinkAbout2009 CC RESO 2009-51 CDCRESOLUTION NO. 2009 — 51 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING THE MAYOR TO EXECUTE AN EXCLUSIVE NEGOTIATION AGREEMENT WITH THE RELATED COMPANIES OF CALIFORNIA AND COMMUNITY HOUSING WORKS FOR A TRANSIT -ORIENTED INFILL MIXED -USE AND AFFORDABLE HOUSING PROJECT WHEREAS, the City of National City ("City") owns approximately 10.6 acres at 2200 Hoover Avenue, commonly referred to as the Public Works site (Assessor Parcel Numbers 560-396-06, 560-391-08, 560-206-03, and 559-124-05, plus public right of ways) ("CDC Site"); and WHEREAS, the City is considering transferring title of these properties to the Community Development Commission of the City of National City ("CDC") for the purposes of redeveloping the site; and WHEREAS, the CDC is interested in having the CDC Site developed into a transit -oriented mixed -use development consisting of affordable housing units, retail sites, and enhancement to Paradise Creek, (the "PROJECT") all of which was part of a Request for Qualifications previously issued; and WHEREAS, the City is undertaking a planning process for the Westside area of National City known as the Westside Specific Plan, and an accompanying Environmental Impact Report ("EIR"), which are currently being prepared and are anticipated to be brought before the City Council for a public hearing and decision in approximately June, 2009; and WHEREAS, the Westside Specific Plan includes a transit -oriented development, consistent with what was called out in the Request for Proposal, and which is part of the EIR analysis; and WHEREAS, the CDC issued a Request for Qualifications seeking qualifications from experienced non-profit or for -profit developers to: 1) enter into an Exclusive Negotiation Agreement to complete due diligence and design, followed by a Disposition and Development Agreement to transform this property into affordable housing with linkages to the 24`h Street Metropolitan Transit System Trolley Station, to enhance Paradise Creek, expand the Paradise Creek Education Park; and, 2) prepare and provide a mechanism for ongoing program management for a home ownership "incubator" to provide training and services to empower tenants within the project to more effectively pursue home ownership; and WHEREAS, The Related Companies of California and Community Housing Works (collectively, "DEVELOPER") responded jointly to the RFQ to partner in development and ownership of all affordable housing, to prepare and provide educational and community building programs and resident services for all affordable housing in the PROJECT, and provide a mechanism for ongoing program management for a home ownership "incubator" to provide training and services to empower tenants within the project to more effectively pursue home ownership; and Resolution No. 2009 — March 3, 2009 Page 2 WHEREAS, DEVELOPER is interested in assembling this site, plus adjacent lands within the City of National City to develop a mixed -use retail and affordable housing development, consisting of approximately 300-360 affordable residential units, retail floor area to provide support services and a personal finance incubator for the project, and enhancement of the Paradise Creek, consistent with the transit -oriented development proposed in the Westside Specific Plan currently being drafted; and WHEREAS, DEVELOPER is interested in preparing and providing a mechanism for ongoing program management for a home ownership "incubator" to provide training and services to empower tenants with the project to more effectively pursue home ownership; and, WHEREAS, the CDC, and DEVELOPER, desire to enter into an Exclusive Negotiating Agreement to initiate exclusive negotiations for up to three hundred and sixty-five (365) days (hereafter referred to as "EXCLUSIVE NEGOTIATION PERIOD") to allow DEVELOPER to (i) undertake due diligence activities regarding the PROJECT; (ii) develop the conceptual development plan of the PROJECT; (iii) establish the responsibilities, schedule, and financial parameters for developing the PROJECT; (iv) negotiate the purchase price of the CDC site; (v) negotiate a Disposition and Development Agreement; and (vi) develop conceptual program for providing financial fitness and home ownership training and for resident services for residents of the project; (vii) assure that the site and design plans include community space facilities needed to effectively accommodate resident services including financial fitness and ownership training; and, (viii) prepare a conceptual business plan and budget for ongoing incubator programming, including identifying sources of funding for program components and likely staffing needs. NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City authorizes the Mayor to execute the Exclusive Negotiation Agreement with The Related Companies of California and Community Housing Works for a transit -oriented infill mixed -use and affordable housing project. Said Exclusive Negotiation Agreement in on file in the office of the City Clerk. PASSED and ADOPTED this 3rd day of March Ron Morrison, Chairman ATTES : APPROVED AS TO FORM: iti.Z Brad cretary George H.'Eiser, III City Attorney Passed and adopted by the Community Development Commission of the City of National City, California, on March 3, 2009, by the following vote, to -wit: Ayes: Commissioners Morrison, Parra, Sotelo-Solis, Van Deventer, Zarate. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Chairman, Community Development Commission Secretary; C9 it evelopment Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2009-51 of the Community Development Commission of the City of National City, California, passed and adopted on March 3, 2009. Secretary, Community Development Commission By: Deputy