2021-12-07 Regular and HA - Laserfiche WebLink

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Attorney (Agreement No. 2021-XXX). 2. Approve the amendment to Section 2.04 to update the language 'Bi-Annual Financial Statement and Audit' and replace it with 'Quarterly financial statements and expense reports must be submitted at the end of each quarter'. MINUTES: This consent Item - Agreement No. 2021-234 was approved. 16. Approve an Appropriation Adjustment, a Density Bonus Agreement, and a Development Impact Fee Deferral Agreement with Shelter Providers of Orange County, Inc. DBA HomeAid Orange County, Inc. for the Development of the FX Residences Affordable Housing Project Located at 801, 807, 809 and 809 Y2 E. Santa Ana Blvd (Non -General Fund) (Contingent upon approval of Housing Authority Item #3). Department(s): Community Development Agency Recommended Action: 1. Authorize the City Manager to execute a Density Bonus Agreement with Shelter Providers of Orange County, Inc. DBA HomeAid Orange County, Inc., for a 55-year term, for the development of the FX Residences affordable housing project located at 801, 807, 809 and 809 Y2 E. Santa Ana Blvd, subject to non -substantive changes approved by the City Manager and City Attorney (Agreement No. 2021-XXX). 2. Authorize the City Manager to execute a Development Impact Fee Deferral Agreement with Shelter Providers of Orange County, Inc. DBA HomeAid Orange County, Inc., to defer approximately $510,000 of their development impact fees for the development of the FX Residences affordable housing project located at 801, 807, 809 and 809 Y2 E. Santa Ana Blvd, subject to non -substantive changes approved by the City Manager and City Attorney. The calculation of the final fee amount to be deferred will be determined at the time of issuance of the certificate of occupancy (Agreement No. 2021-XXX). 3. Approve an appropriation adjustment (2022-091) to recognize $587,000 in prior - year fund balance from the Low and Moderate Income Housing Asset Fund and appropriate the same amount to the Low and Moderate Income Housing Asset Fund, Loans and Grants account (no. 60718830-69152) for the development of the FX Residences affordable housing project located at 801, 807, 809 and 809 Y2 E. Santa Ana Blvd. (Requires five affirmative votes) MINUTES: This consent Item - Agreement No. 2021-235 and 2021-236 were approved. 17. Approve an Amendment to the Agreement with Aramark Correctional Services, Inc. for Inmate Food Services (General Fund) Department(s): Police Department Recommended Action: Authorize the City Manager to execute an amendment to the City Council 8 12/7/2021