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HomeMy WebLinkAboutResolutionRESOLUTION NO. 2011 — 42 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING THE CHAIRMAN TO EXECUTE A PROPERTY MANAGEMENT AGREEMENT BY AND BETWEEN COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AND THE CITY OF NATIONAL CITY WHEREAS, the Community Development Commission of the City of National City ("CDC") has acquired a variety of real estate parcels and structures (the "Properties"), as allowed under the California Redevelopment Law Section 33391 for the purposes of developing and operating affordable housing, to hold for redevelopment for economic development purposes, and as public properties held in perpetuity as historic and cultural resources; and WHEREAS, the CDC desires for the City to maintain said Properties as identified in Exhibit "A", attached hereto; and WHEREAS, the CDC shall allocates current and future property tax increment and low -mod housing set -aside funds to manage the properties for a period of eight (8) years, with continuing options to extend the term in five (5) year increments, as desired by either party, until May 16, 2036; and WHEREAS, the City desires to maintain said Properties for the purposes as defined in the Redevelopment Plan for the National City Redevelopment Project; and WHEREAS, the CDC will pay the City for property management services and related expenses at an annual rate of $556,468, which may be adjusted between the parties as expenses increase or decrease. NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City hereby authorizes the Chairman to execute the Property Management Agreement by and between the Community Development Commission of the City of National City and the City of National City. PASSED and ADOPTED this 15th day of February, 2011. Ron Morrison, Chairman ATTEST: Brad Raulston, Secretary APPROVED AS TO FORM: Claudia G. Silva CDC General Counsel 921 National City 72 Blvd 929 National City 73 Blvd 74 921 A Avenue 75 130 E. 8th St 76 1028 A Ave 77 500 E. Plaza Blvd 78 1640 E. Plaza Blvd 79 Sheryl Lane 80 1231 McKinley Ave 81 1237 McKinley Ave 82 1239 McKinley Ave 83 900 W. 23rd St 85 405 W. 18th St 86 Cleveland Ave 87 2300 Cleveland Ave 88 830 W 23rd St 89 835 E 24th St 90 801 Bay Marina Dr 91 No Site Address 92 F Ave 93 E Ave 94 1845E Ave 95 1808 F Ave 97 98 99 100 101 102 103 No Site Address No Site Address No Site Address 1221 D Ave No Site Address No Site Address National City Blvd EXHIBIT A LIST OF CDC PROPERTIES Former Ed. Center Steamed Bean Kimball House H&M Goodies Avenue A Housing Lamb's Theatre Days Inn Habitat For Humanity McKinley Parcels McKinley Parcels McKinley Parcels Santa Fe Depot Westside Housing Site Marina Gateway Marina Gateway Marina Gateway Marina Gateway Marina Gateway Stein Farm Stein Farm Stein Farm Stein Farm Kimball/Morgan Towers Kimball/Morgan Towers Kimball/Morgan Towers Kimball/Morgan Towers RCP 556 471 03 556 471 04 556 472 16 556 472 26 556 553 08 556 560 39 557 410 20 557 430 37 559 022 05 559 022 07 559 022 08 559 040 43 01 559 085 08 559 117 04 559 117 05 559 117 06 559 117 07 559 117 12 560 050 13 560 232 02 560 232 04 560 232 05 560 232 06 560 410 02 560 410 04 560 410 05 560 410 06 560 410 08 562 251 39 562 321 08 CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City CDC of National City