Loading...
HomeMy WebLinkAbout2010 CON CDC San Diego Habitat for Humanity - Amendment #2 DDA Affordable HousingSECOND AMENDMENT TO DISPOSITION AND DEVELOPMENT AGREEMENT (1441 Harding) THIS SECOND AMENDMENT TO DISPOSITION AND DEVELOPMENT AGREEMENT ("Amendment") is entered into as of this _9_ day of _November, 2010, by and between the Community Development Commission of the City of National City, a public body, corporate and politic ("CDC"), and San Diego Habitat for Humanity, Inc., a California nonprofit corporation ("Developer"). RECITALS A. Developer and the CDC entered into that certain Disposition and Development Agreement, dated April 21, 2009 (the "DDA"). B. Developer and the CDC entered into an amendment (first) to the Disposition and Development Agreement on April 6, 2010. C. Developer and the CDC desire to revise and update the "Low Income I Iousehold" definition to the DDA. D. Unless otherwise defined herein, all capitalized terms used in this Amendment shall have the meanings attributed to them in the Agreement. Now, therefore, in consideration of the foregoing and other good and valuable consideration, Developer and the CDC agree as follows: 1. Amend Section 100. Definitions. Amend "Low Income llousehold" definition as follows: "Low Income Household" means persons and families whose income does not exceed eighty percent (80%) of the then current Area Median Income, provided that such persons or families meet the additional requirements set forth in Section 4 of the Agreement Affecting Real Property. 2. Confirmation of Obligations. Except as expressly amended or modified herein, the DDA shall remain unmodified and in full force and effect. Except to the extent modified by this Amendment, Developer hereby confirms each of the covenants, agreements and obligations of Developer set forth in the DDA. 3. Counterparts. This Amendment may be executed in any number of counterparts and, as so executed, the counterparts shall constitute one and the same instrument. 4. Exhibits and Recitals Incorporated. All exhibits referred to in this Amendment are hereby incorporated in this Amendment by this reference, regardless of whether or not the exhibits are actually attached to this Amendment. The Recitals to this Agreement are hereby incorporated in this Agreement by this reference. 5. Authority to Sign. All individuals signing this Amendment for a party which is a corporation, limited liability company, partnership or other legal entity, or signing under a power of attorney, or as a trustee, guardian, conservator, or in any other legal capacity, covenant to the CDC that they have the necessary capacity and authority to act for, sign and bind the respective entity or principal on whose behalf they are signing. IN WITNESS W'IIEREOF, the parties hereto have caused this Amendment to be executed as of the day and year first above written. DEVELOPER: San Diego Habitat for Humanity, Inc, a California nonprofit public benefit corporation By: . Print Name: b2fStb1.12 2iAire% 'fitle(Pl eS$ -br.t47 CE0 By: Print Name: Title: CDC: Conununity Development Commission of the City of National City By:. Printllame: Ron Morrison Title: Chairman roved a,to fru: a dia G. S City Attorney RESOLUTION NO. 2010 — 245 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING THE CHAIRMAN TO EXECUTE A SECOND AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT WITH SAN DIEGO HABITAT FOR HUMANITY, INC., REVISING THE "LOW INCOME HOUSEHOLD" DEFINITION TO MEAN PERSONS AND FAMILIES WHOSE INCOME DOES NOT EXCEED EIGHTY PERCENT (80%) OF THE THEN CURRENT AREA MEDIAN INCOME WHEREAS, the Community Development Commission of the City of National City ("CDC") is implementing the Redevelopment Plan for the National City Redevelopment Project; and WHEREAS, the CDC acquired the property located at 1441 Harding Avenue using $400,000 in federal HOME funds to develop an affordable housing project; and WHEREAS, San Diego Habitat for Humanity, Inc., is a certified Community Housing Development Organization qualified to develop an affordable housing project utilizing federal HOME funds, and was selected on October 17, 2006, by the CDC to develop said property; and WHEREAS, on December 19, 2006, the CDC entered into an Exclusive Negotiations Agreement (ENA) with Habitat for Humanity to prepare plans for the development of affordable housing on the site; and WHEREAS, on December 1, 2008, the National City Planning Commission recommended approval of the Project; and WHEREAS, on December 2, 2008, City Council allocated $272,119 in HOME Investment Partnerships Program income funds; and WHEREAS, on April 21, 2009, the CDC entered into a Development and Disposition Agreement (DDA) with San Diego Habitat for Humanity to develop three for -sale single-family units affordable to families earning 60-percent of the Area Median Income as defined by the U.S. Department of Housing and Urban Development; and WHEREAS, San Diego Habitat for Humanity has worked diligently to process land use entitlements and permits for the project; and WHEREAS, the CDC approved the First Amendment to the Disposition and Development Agreement on April 6, 2010, to reflect that loans to eligible families be entirely forgiven on the forty-fifth (45`) anniversary date that the Resale Restriction is recorded against the restricted unit; and WHEREAS, on June 29, 2010, San Diego Habitat for Humanity requested that the CDC amend the DDA definition of "Low Income Household" to mean persons and families whose income does not exceed eighty percent (80%) of the then current Area Median Income. Resolution No. 2010 — 245 Page 2 NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City hereby authorizes the Chairman to execute a Second Amendment to the Disposition and Development Agreement with San Diego Habitat for Humanity to amend the DDA definition of "Low Income Household" to mean persons and families whose income does not exceed eighty percent (80%) of the then current Area Median Income. PASSED and ADOPTED this 9th day of Nove . 1 10. on Mornson, Chairman ,•• JI. As adia G I a ROVED AS TO FORM: City Atto ey Passed and adopted by the Community Development Commission of the City of National City, California, on November 9, 2010, by the following vote, to -wit: Ayes: Commissioners Morrison, Sotelo-Solis, Van Deventer, Zarate. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Chairman, Community Development Commission Secre Development Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2010-245 of the Community Development Commission of the City of National City, Califomia, passed and adopted on November 9, 2010. Secretary, Community Development Commission By: Deputy SVIEETING DATE: CITY OF NATIONAL CITY, CALIFORNIA COMMUNITY DEVELOPMENT COMMISSION COUNCIL AGENDA STATEMENT November 9, 2010 caoo6•19 (/7) AGENDA ITEM NO.26 ITEM TITLE: Resolution of the Community Development Commission of the City of National City approving a second amendment to the Disposition and Development Agreement with San Diego Habitat for Humanity. Incorporated, revising the "I,ow income Household" definition to mean persons and families whose income dots not exceed eighty percent (80%) of the then current Area Median Income. (Community Development) PREPARED BY: Alfredo Yba PHONE: 619 336-4279 DEPARTMENT: Community Development APPROVED BY: EXPLANATION: On April 21, 2009, the City Council authorized the Chairman to execute a Disposition and Development Agreement ("DDA`) for the development of three (3) single family units consisting of two — 2 story units and one — 1 story unit. The 8.625 parcel is located on the northeast corner of 14th and Harding Avenue. Currently, one unit has sold and the other two are ready for sale. The original DDA required that each unit be sold to families earning at or below 60-percent Area Median Income ("AMI"). Due to economic conditions. Habitat for Humanity is experiencing difficulty finding an applicant under the 60% AMI that can qualify for an amortized loan. In addition, Habitat for Humanity has received an application from a family who is currently at 65.2% of the AMI. This family, besides exceeding 60% of the AMI, would otherwise qualify for a Habitat home. Habitat for Humanity is requesting that the Community Development Commission amend the definition of Low Income Household" in the DDA to mean persons and families whose income does not exceed eighty percent (80%) of the then current Area Median Income. FINANCIAL STATEMENT: APPROVED: ACCOUNT NO. APPROVED: Not applicable ENVIRONMENTAL REVIEW: Not applicable ORDINANCE: INTRODUCTION: FINAL ADOPTION: Finance MIS STAFF RECOMMENDATION: Community Development Commission adopt resolution BOARD / COMMISSION RECOMMENDATION: Not Applicable ATTACHMENTS: 1. Letter from San Diego Habitat for Humanity requesting DDA amendment 2. Second Amendment to Disposition and Development Agreement (1441 Harding) P:ESO�'J�\C�1 ' o 'dl`\C - d`�: N ONO - r �� _-- INCORPORATED November 15, 2010 Ms. Cheryl Keenan San Diego Habitat for Humanity, Inc. 10222 San Diego Mission Road San Diego, CA 92108 Dear Ms. Keenan, OFFICE OF THE CITY CLERK 1243 National City Blvd. National City, California 91950 Michael R. Dalla, CMC - City Clerk 619-336-4228 phone • 619-336-4229 fax On November 9th, 2010, Resolution No. 2010-245 was passed and adopted by the Community Development Commission of the City of National City, authorizing execution of Amendment #2 to the Disposition and Development Agreement with San Diego Habitat for Humanity. We are enclosing for your records a certified copy of the above Resolution and a fully executed original Amendment. Sincerely, Michael R. Dalla, CMC City Clerk Enclosures cc: Community Development Commission