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HomeMy WebLinkAboutCC RESO 2019-26RESOLUTION NO. 2019 — 26 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING THE CITY MANAGER TO EXECUTE A LEASE AGREEMENT WITH MORGAN TOWER HOUSING ASSOCIATES, L.P. FOR THE GEORGE H. WATERS NUTRITION CENTER, LOCATED AT 1415 "D" AVENUE IN NATIONAL CITY, FOR AN INITIAL TERM OF 10 YEARS WITH AUTOMATIC RENEWALS FOR SUCCESSIVE FIVE (5) YEAR TERMS ENDING 99 YEARS AFTER THE COMMENCEMENT DATE OF THE LEASE AT A RENT OF $1.00 PER YEAR; AND AUTHORIZING THE CITY MANAGER TO EXECUTE A NUTRITION CENTER FUNDING AGREEMENT WITH THE COMMUNITY DEVELOPMENT COMMISSION -HOUSING AUTHORITY OF THE CITY OF NATIONAL CITY FOR THE PURPOSE OF FUNDING THE OPERATION OF SAID NUTRITION CENTER IN THE AMOUNT OF $475,000 FOR THE FIRST YEAR AND INCREASED BY 3.5% EACH YEAR THEREAFTER FOR A TOTAL OF FIFTY-FIVE (55) YEARS WHEREAS, the Community Development Commission -Housing Authority of the City of National City ("Housing Authority") is the fee title owner of that certain real property located at 1317 D Avenue and 1415 "D" Avenue in the City of National City ("City"), which is more commonly known and referred to as the Kimball and Morgan Towers; and WHEREAS, since 1979 the City has operated, or caused to be operated, the George H. Waters Nutrition Center ("Nutrition Center") at the Kimball and Morgan Towers; and WHEREAS, the Kimball and Morgan Towers are "housing projects" as defined in California Health and Safety Code Section 34212. California Health and Safety Code Section 34212 defines housing project to include `'real or personal property for necessary, convenient or desirable appurtenances, streets, sewers, water service, parks, site preparation, gardening, administrative, community, health, recreational, educational, welfare or other purposes." The Nutrition Center provides important and necessary community, health, recreational, educational, welfare and other benefits to low income residents of the Kimball and Morgan Towers housing projects and other low income persons in the City of National City. As such, the Nutrition Center is a portion of the housing project for purposes of California Health and Safety Code Section 34212; and WHEREAS, under the Disposition and Development Agreement for Kimball and Morgan Towers approved by the Housing Authority on June 19, 2018, the Housing Authority is ground leasing the Kimball and Morgan Towers to two (2) affordable housing project the developer/operators, who are required to rehabilitate the Kimball and Morgan Towers and operate the Kimball and Morgan Towers as low income affordable housing projects. A portion of the consideration payable by the Kimball and Morgan Towers developer/operators is in the form of seller carryback notes ("Kimball and Morgan Notes"); and WHEREAS, the Housing Authority and the City believe it will be beneficial to the health and welfare of the community and the citizens of the City of National City for the Nutrition Center to continue to be operated by the City for the benefit of its low income residents, rather than having the Nutrition Center run by private interests. Therefore, as a material consideration for the Housing Authority's entry into the ground leases for the Kimball and Morgan Towers, the Housing Authority is requiring Morgan Tower Housing Associates, L.P., ground lessee of the Morgan Tower, (the building in which the Nutrition Center is located) to enter into a 99 year lease with the City with respect to the Nutrition Center with an annual rent of $1.00; and Resolution No. 2019 — 26 Page Two WHEREAS, California Health and Safety Code Section 34312 empowers the Housing Authority to use its funds to operate housing projects. As part of the foregoing transaction and in lieu of having the ground lessee of the Morgan Tower operate and pay for the Nutrition Center, the Housing Authority has agreed to pay to the City a portion of the consideration received annually by the Housing Authority from the Kimball and Morgan Notes. The City shall use the fund for the operation of the Nutrition Center (which is part of a housing project as defined in the California Health and Safety Code) in furtherance of the City's and the Housing Authority's goal of improving the health and welfare of the community and the citizens of the City of National City; and WHEREAS, under the Nutrition Center Funding Agreement, the Housing Authority shall make fifty-five (55) annual payments to the City. The first such payment shall be in the amount of $475,000.00, and further payments shall be increased by 3.5% each year thereafter. Such payments shall be made from the proceeds of the Kimball and Morgan Notes. The first annual payment shall be due and payable by the Housing Authority to the City ten (10) business days after receiving such annual payments from the Kimball and Morgan Towers ground lessees; and WHEREAS, the City shall use the funds received by the City pursuant to the funding agreement referenced herein, solely for the purpose of funding operation of the Nutrition Center (which is part of a housing project as defined in the California Health and Safety Code). No portion of such funds shall be used for any purpose other than funding operation of the Nutrition Center without the express written consent of the Housing Authority, which consent shall be granted only in the event that the use of those funds by the City is allowed under the Housing Authorities Law, Health and Safety Code Section 34200, et seq. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City authorizes the City Manager to execute a Lease Agreement with Morgan Tower Housing Associates, L.P. for the George H. Waters Nutrition Center, located at 1415 `'D" Avenue in National City, for an initial term of 10 years with automatic renewals for successive five (5) year terms ending 99 years after the Commencement Date of the Lease at a rent of $1.00 per year. BE IT FURTHER RESOLVED that the City Council of the City of National City also authorizes the City Manager to execute a Nutrition Center Funding Agreement with the Community Development Commission -Housing Authority of the City of National City for the purpose of funding the operation of said Nutrition Center in the amount of $475,000 for the first year and increased by 3.5% each year thereafter for a total of fifty-five (55) years. BE IT FURTHER RESOLVED that Lease Agreement and Nutrition Center Funding Agreement will be fully executed prior to the close of escrow with other necessary documents as may be required by the Disposition and Development Agreement for Kimball and Morgan Towers dated June 19, 2018. A fully executed copy of the Lease Agreement and the Nutrition Center Funding Agreement will be on file with the City Clerk after the close of escrow. Resolution No. 2019 — 26 Page Three PASSED and ADOPTED this 5th day of March, 201 • /� Alejandr ATTE pi -.-Michael R. 'ialla, City CI• rk APPROVED AS TO FOR An. ""+'o'is-Jon Ctorney Mayor Passed and adopted by the Council of the City of National City, California, on March 5, 2019 by the following vote, to -wit: Ayes: Councilmembers Cano, Morrison, Quintero, Rios, Sotelo-Solis. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: ALEJANDRA SOTELO-SOLIS Mayor of the City of National City, California City Clerk of the City of National City, California By: I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2019-26 of the City of National City, California, passed and adopted by the Council of said City on March 5, 2019. City Clerk of the City of National City, California By: Deputy