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<br /> <br />041-22), only differentiated by the address, subject to non-substantive changes <br />approved by the Executive Director of the Housing Authority and Authority <br />General Counsel. <br /> <br />CITY COUNCIL <br /> <br />MOTION: Authorize the City Manager to execute a Conditional Grant Agreement <br />(instead of a loan agreement as originally approved) with Habitat for Humanity of <br />Orange County for $231,494 in Inclusionary Housing Funds for the development <br />of the Lacy Street affordable housing project located at 826 N Lacy Street (APN <br />398-041-22) and 416 Vance Street (APN 398-041-22), subject to non-substantive <br />changes approved by the City Manager and City Attorney. <br /> <br />Motion to Adopt: <br /> <br />HOUSING AUTHORITY ACTION <br />1. Authorize the Executive Director of the Housing Authority to execute two Affordability <br />and Maintenance Restrictions Agreements for the development of the Lacy Street <br />affordable housing project located at 826 N Lacy Street (APN 398-041-22) and 416 <br />Vance Street (APN 398-041-22), only differentiated by the address, subject to non- <br />substantive changes approved by the Executive Director of the Housing Authority and <br />Authority General Counsel. <br />2. Authorize the Executive Director of the Housing Authority to execute two 99-year <br />Ground Leases for the development of the Lacy Street affordable housing project <br />located at 826 N Lacy Street (APN 398-041-22) and 416 Vance Street (APN 398-041- <br />22), only differentiated by the address, subject to non-substantive changes approved by <br />the Executive Director of the Housing Authority and Authority General Counsel. <br /> <br />CITY COUNCIL ACTION <br />Authorize the City Manager to execute a Conditional Grant Agreement (instead of a <br />loan agreement as originally approved) with Habitat for Humanity of Orange County for <br />$231,494 in Inclusionary Housing Funds for the development of the Lacy Street <br />affordable housing project located at 826 N Lacy Street (APN 398-041-22) and 416 <br />Vance Street (APN 398-041-22), subject to non-substantive changes approved by the <br />City Manager and City Attorney (Agreement No. A-2020-264). moved by Authority <br />Member Sarmiento seconded by Chair Pro Tem Villegas. <br /> <br />Authority Member Sarmiento motioned to adopt, seconded by Chair Pro Tem Villegas. <br /> <br />MOTION: Authority SECOND: Chair Pro Tem Villegas <br />Member <br />Sarmiento <br />VOTE: AYES: Authority Member Bacerra, Authority Member <br />Mendoza, Authority Member Penaloza, Authority <br />Member Sarmiento, Authority Member Solorio, <br />Chair Pro Tem Villegas, Mayor Pulido (7) <br />HOUSING AUTHORITY MINUTES 2 NOVEMBER 17, 2020 <br /> <br />