HomeMy WebLinkAboutSA RESO 2015-70RESOLUTION NO. 2015 — 70
RESOLUTION OF THE SUCCESSOR AGENCY TO THE COMMUNITY
DEVELOPMENT COMMISSION AS THE NATIONAL CITY REDEVELOPMENT
AGENCY APPROVING A GRANT AGREEMENT AND ESCROW INSTRUCTIONS BY
AND BETWEEN THE SUCCESSOR AGENCY AND COMMUNITY HOt_iSINGWORKS,
PROVIDING A GRANT OF $14,909,000 TO ASSIST DEVELOPMENT OF PHASE II
OF AN INFILL AFFORDABLE HOUSING PROJECT, PUBLIC FACILITIES, OPEN
SPACES, AND COMMUNITY SERVICES ON 12.75 ACRES FORMERLY KNOWN AS
THE C`L`:'i :-NAi L vITY PUBLIC Cl-WO, 0PN T `FR A a) ii_t F FAVI1 i_Y TRLe._T � r-
WHEREAS, Community HousingWorks ("CHW") is a California nonprofit public
benefit corporation whose purposes include development and operation of such affordable
housing in, among other areas, the County of San Diego; and
WHEREAS, the Community Development Commission of the City of National
City ("CDC") and Paradise Creek Housing Partners, L.P., a California limited partnership (the
"Phase I Developer), entered into that certain `Disposition and Development Agreement," dated
as of June 21, 2011 (the "DDA"), maintained as a public record by the City Clerk of the City of
National City ("City); and
WHEREAS, the Redevelopment Agency of the City of National City ("Agency")
was established by Ordinance No. 1164, dated April 11, 1967; and
WHEREAS, the City formed the CDC and the Housing Authority of the City of
National City ("Housing Authority") by Ordinance No. 1484, dated October 14, 1975; and
WHEREAS, the CDC was established to enable both the Agency and the
Housing Authority to operate under a single board and single entity, responsible for the
administration of redevelopment activities within the City of National City; and
WHEREAS, on February 1, 2012, the State of Cal'rfomia dissolved all California
redevelopment agencies, and established successor agencies to the former redevelopment
agencies vested with all authority, rights, powers, duties and obligations of the dissolved
r_r3A le1onmPn4 ancnCieS nursuant F-- Calif Q,"r b Health and C I °" °�^`�6 S " ' 7"' •e.
Q
._,...._..c .. ............... vun.ay vwc Section .rCi Y .l, �nhf
obligations including the payment, and performance and enforcement of enforceable obligations
of the dissolved redevelopment agencies; and
WHEREAS, the City elected to serve as the successor agency to the CDC in its
capacity as the Agency, upon the Agency's dissolution, pumuant to Resolution No. 2012-15 on
January 10, 20i2, and in that capacity exists and functions as a distinct and separate legal
• � ciY a Ci VVf, fi,EUEf,tlf 'JGYGYVItIiErl Et I�JYSEf f[fS:�ff ifl iif r{tY ;y%it[ffn'Si
City "Redevelopment Agency' ("Successor Agency"); and
WHEREAS, pursuant to the DDA and as more particularly provided therein, the
Phase I Developer had the duty to construct, in two (2) Phases, an'. )fill affordable housing
project ("Project") on the 12.75 acres known as the former National City Public Works Center
and Illes Family Trust site ("Site"); and
WHEREAS, per the DDA, the Project would include, without limitation, a total of
two hundred one (201) affordable rental housing units, certain community facilities for the use of
the residents of both Phase : and Phase 11, and certain offsite improvements including, without
Resolution No. 2015 — 70
August 18, 2015
Page Two
limitation, (a) improvement of the Paradise Creek Parcel, to wit, the Site, and (b) improvement
and expansion, for the benefit of the entire community, of "Paradise Creek Educational Park'
and
SYHIERE.`he obligations of Phase lii ase i eveioper wiin reS�PCt to the
r pvy i �nnipnt of Phnca iinf the Drc,* ng�rn bP;a SpgnCd to 1='aradise Creek II Housing
Partners, L.P., a California limited partnership ("Developer"), and
WHEREAS, the Successor Agency holds, within its Capital Improvements Fund,
the sum of Fourteen. Million Nine Hundred Nine Thousand Dollars ($14,909,000.00) to be used
to finance development of affordable housing projects such as the Project (the 'Funds"); and
WHEREAS, the Funds are proceeds of the issuance of those certain
"$39,660,000 Community Development Commission of the City of National City (San Diego
County, California) (National City Redevelopment Project) 2011 Tax Allocation Bonds"
("Bonds"); and
WHEREAS, in accord with its statutory function and operation, the Successor
Agency desires also to foster the development of private nonprofit, community -based, service
organizations with the capacity to develop and/or finance affordable housing projects in National
City such as the Project; and
WHEREAS, the Successor Agency, on the terms and conditions set forth in that
certain "Grant Agreement and Escrow Instructions" approved by the Successor Agency on
August 18, 2015 and maintained by the Clerk as a public record ("Grant Agreement"), granted
the Funds, i.e., sum of Fourteen Million Nine Hundred Nine Thousand Dollars ($14,909,000.00),
to CHW with the sole purpose that CHW make a loan to Developer for the capital
improvements, and thereby finance Phase il's development; and
WHEREAS, an anticipated by-pr ^duct of the Successor Agency's loan to CHW
and CHW's role in the Project will be GHW'S enhanced capacity to participate in the
development of future affordable housing projects in the community; and
WHEREAS, pursuant to the Grant Agreement, CHIA/ has pledypd to use its
income from Developer's re -payment to CHW of Funds derived from the Bonds for programs
annually approved by the Executive Director including:
1. Resident and community -based clean-up efforts within the Project;
2. Youth environmental education programming;
3. Jobs -corps type training;
4. To create a matching fund for Project residents saving for home
ownership; and
5. To create a first time homebuyer program for Project residents.
Resolution No. 2015 - 70
August 18, 2015
Page Three
WHEREAS, the Grant Agreement must be approved by both the rJversinht Board
of the Successor Agency to the Community Development Commission as the National City
Redevelopment Agency ("Oversight Board") and the Galiiernia Department of Finance prior to
being effective; and
NOW, THEREFORE, BE IT RESOLVED by the Successor Agency to the
Community Development Commission as the National City Redevelopment Agency as follows:
Section i. The foregoing recitals are true and correct, and are a substantive part of
this Resolution, Including the terms defined therein.
Section 2. The Successor Agency hereby approves the Grant Agreement, a 'true and
correct copy of which is maintained by the City Clerk as a public record, whereby the Successor
Agency and CHW agreed upon the terms and conditions under which the Successor Agency
would (i) provide CHW` funds derived from the issuance of Bonds, to wit, a grant of
$14,909,000.00, assisting in the development of the Project at the Site by permitting CHW to
provide part of the financing for Phase II of the Project, and as a by-product of CHW fulfilling its
duties under the Grant Agreement, (ii) enhance CHW's capacity to participate in the
development of future affordable housing projects in the community.
Section 3. The Chairman of the Successor Agency is hereby authorized and
directed to take such other actions and execute such other documents as are necessary to
effectuate the intent of this Resolution.
Section 4. The Successor Agency has determined that (i) the certified Environmental
Impact Report for the Westside Specific Plan ("EIR") analyzed a Transit Oriented Development
for the Site, and that the Project's development will comply with the California Environmental
Quality Act ("CEQA") and the guidelines adopted in relation thereto ("Guidelines"), and (ii)
insofar as this Resolution and the approved Grant Agreement build CHW's capacity to
nartirinate in the de:'eloYMent of future affordable houa;ng Prvlo= in i the Corn. iiTiunity; This
Resolution does not r epresent a "project" for purposes of CEQA, as that term is defined by
Guidelines section 15378, because this Resolution is an organizational or administrative activity
that will not result in a direct or indirect physical change in the environment, per section
15378(b)(5) of the Guidelines.
Section 5. The City Clerk shall certify to the adoption of this Resolution.
[Signature Paqe to Followl
Resolution No. 2015 — 70
August 18, 2015
Page Four
PASSED and ADOPTED this 18th day of August, 5.
on orrison, Chairman.
ATTEST:
Michael R. Dalia, City Clerk as
Secretary to the Successor Agency
Passed and adopted by the Successor Agency to the Community Development
Commission as the Redevelopment Agency of the City of National City, California, on
August 18, 2015 by the following vote, to -wit:
Ayes: Boardmembers Cano, Mendivil, Morrison, Rios, Sotelo-Soils.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Chairman of the Successor Agency to the
Community Development Commission
as the Redevelopment Agency of the
City of National City, California
By:
i0
ity Clerk "Serving as Secretary
to the Successor Agency
I HEREBY CERTIFY that the above and foregoing is a
RESOLUTION NO. 2015-70 of the Successor Agency to
rommiss-inn as the Rerdevelorn non; ;agency of the City
passed and adopted on August 18, 2015.
By:
Deputy
full, true and correct copy of
the Community Development
of Nation -al City, California,
City Cleric Serving as Secretary
to the Successor Agency
Deputy