25E - NEIGHBORHOOD STABILIZATION PROGRAMS

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REQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: APRIL 6, 2009 TITLE: AGREEMENTS FOR THE IMPLEMENTATION OF NEIGHBORHOOD STABILIZATION PROGRAMS CI MANAGE RECOMMENDED ACTION Recommend that the City Council: CLERK OF COUNCIL USE ONLY: APPROVED ^ As Recommended ^ As Amended ^ Ordinance on 15t Reading ^ Ordinance on 2"d Reading ^ Implementing Resolution ^ Set Public Hearing For CONT{NUED TO FILE NUMBER 1. Authorize the City Manager and the Clerk of the Council to execute an agreement with ANR Homes, Inc. for implementation of the single family, condominium and historic components of the Neighborhood Stabilization Program in an amount not to exceed $2,715,636, subject to non-substantive changes approved by the City Manager and City Attorney. 2. Authorize the City Manager and the Clerk of the Council to execute an agreement with Orange Housing Development Corporation and C & C Development for implementation of the rental housing component of the Neighborhood Stabilization Program in an amount not to exceed $1,800,000, subject to non-substantive changes approved by the City Manager and City Attorney. COMMUNITY REDEVELOPMENT & HOUSING COMMISSION ACTION At its Regular Meeting of March 17, 2009, by a vote of 5:0, the Community Redevelopment and Housing Commission recommended that the City Council: (1) Direct the City Attorney t and the Clerk of the Council Inc. for implementation of the components of the Neighborhood exceed $2,715,636, subject to City Manager and City Attorney. o prepare and authorize the City Manager .o execute the agreement with ANR Homes, single family, condominium and historic Stabilization Program in an amount not to non-substantive changes approved by the (2) Direct the City Attorney to prepare and authorize the City Manager and the Clerk of the Council to execute the agreement with Orange Housing 25E-1