HomeMy WebLinkAboutCouncil Agenda StatementCITY OF NATIONAL CITY, CALIFORNIA
COUNCIL AGENDA STATEMENT
MEETING DATE: August 20, 2013
AGENDA ITEM NO.
ITEM TITLE:
Resolution of the City Council of the City of National City authorizing the Mayor to execute a Purchase and Sale
Agreement with the Community Development Commission - Housing Authority of the City of National City ("CDC -HA") for
the sale of two parcels of land totaling 6.299 acres for a total purchase price of $7,035,000, generally bounded by 19th
Street, Harding Avenue, 22nd Street, and Hoover Avenue, in the City of National City, for the development of 201
affordable housing units as Phase I and II of the Westside In -fill Transit Oriented Development Project, approving a loan
from the City of National City to the CDC -HA for $4,941,000 to complete said purchase, and approving the Month -to -Month
Leaseback of the subject property from the CDC -HA.
PREPARED BY: Carlos Aguirre, Comm. Dev. Spec. 11
PHONE:
619.336.4391
EXPLANATION:
Please see attached background report and explanation.
DEPARTMENT:
Housing, Grants,&
Asset Management
APPROVED �9 ,
FINANCIAL STATEMENT:
ACCOUNT NO.
APPROVED: G°`r��-4 Finance
APPROVED: MIS
HOME funds reallocated to the CDC -HA will provide $2,094,000 and the City will carry back a loan for
$4,941,000.
ENVIRONMENTAL REVIEW:
The Certified Environmental Impact Report for the Westside Specific Plan analyzed a transit oriented
development for this site.
ORDINANCE: INTRODUCTION:
FINAL ADOPTION:
STAFF RECOMMENDATION:
Adopt the Resolution
BOARD I COMMISSION RECOMMENDATION:
The Planning Commission approved the Tentative Parcel Map and Variance on June 5, 2012 and approved a Parcel Map
Waiver on May 20, 2013 that included findings of consistency with the General Plan for the WITOD Project.
ATTACHMENTS:
1. Background Report and Explanation
2. Purchase and Sale Agreement
3. Promissory Note and Grant Deed
4. Month -to -Month Lease