HomeMy WebLinkAbout2008-059 - Development Agreement Between the Agency and Orange County Community HousingRESOLUTION NO. 2008-059
A RESOLUTION OF THE CITY COUNCIL OF SANTA ANA
MAKING CERTAIN FINDINGS WITH RESPECT TO THE
CONSIDERATION TO BE RECEIVED BY THE
COMMUNITY REDEVELOPMENT AGENCY OF THE CITY
OF SANTA ANA PURSUANT TO A DISPOSITION AND
DEVELOPMENT AGREEMENT BETWEEN THE AGENCY
AND ORANGE COUNTY COMMUNITY HOUSING
CORPORATION FOR THE SALE OF CERTAIN REAL
PROPERTY AND APPROVING THE SALE OF SAID REAL
PROPERTY UPON THE TERMS AND CONDITIONS
CONTAINED IN THAT AGREEMENT
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA, AS
FOLLOWS:
Section 1: The City Council of the City of Santa Ana hereby finds, determines
and declares as follows:
A. The Community Redevelopment Agency of the City of Santa Ana
(hereinafter referred to as the "Agency") is engaged in activities
necessary to execute and implement the Redevelopment Plan for
the Merged Redevelopment Projects, including strengthening of
public-private partnerships to provide more affordable housing, and
particularly to provide decent, safe, sanitary, and affordable
housing to the lower income citizens of the City of Santa Ana.
B. In order to implement the Redevelopment Plan, the Agency
proposes to sell said real property located at 1006, 1012 and 1015
Logan Street (the Properties) pursuant to the terms and provisions of
a Disposition and Development Agreement (hereinafter referred to
as the "Agreement") between the Agency and Orange County
Community Housing Corporation, a non-profit, public benefit
corporation, which is on file in the office of the Executive Director of
the Agency.
C. Orange County Community Housing Corporation proposes
partnering with general contractor Hope Builders, a subsidiary of
Taller San Jose and Neighborhood Housing Services of Orange
County to construct and sell these homes to qualified households.
The term of affordability on each of the three homes will be forty-
five years.
D. The consideration for the Properties is not less than the fair market
Resolution No. 2008-059
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value of the land at the use and with the long term affordability
covenants and conditions and development costs authorized by the
sale.
E. The Agreement contains all of the provisions, terms, conditions and
obligations required by the state and local laws, as well as long-term
affordability covenants benefiting the Agency.
F. Orange County Community Housing Corporation possesses the
qualifications and financial resources necessary to acquire and
insure development of the Properties as a three single-family homes
to be sold to qualified low income families in accordance with the
purpose and objectives of the Redevelopment and Implementation
Plan.
G. Pursuant to the provisions of the California Redevelopment Law, the
Agency and the City Council have held a duly noticed joint public
hearing on the proposed sale of the Properties in compliance with
Health and Safety Code section 33433.
Section 2. The City Council has considered all terms and conditions of the
proposed sale to Orange County Community Housing Corporation and hereby finds and
determines that the sale and development of the Properties pursuant to the Agreement is
in the best interest of the City of Santa Ana and the health, safety and welfare of its
residents, and is in accord with the public purpose and provisions of the applicable state
and local laws.
Section 3. The City Council hereby finds and determines that the consideration
for the sale of the Properties pursuant to the Disposition and Development Agreement is
not less than the fair market value of the Properties determined in accordance with the
covenants and conditions governing the sale.
Section 4. The sale of the Properties by the Agency to Orange County
Community Housing Corporation upon the terms and conditions contained in the
Agreement is hereby approved.
Section 5. The Clerk of the Council shall attest to and certify the vote adopting
this Resolution.
ADOPTED this 18~h day of August, 2008.
(Niguel A. Pulido
Mayor
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APPROVED AS TO FORM:
Joseph W. Fletcher, City Attorney
Lisa E. Storck
Assistant City Attorney
AYES: Councilmembers: Alvarez, Benavides, Martinez, Pulido.
Sarmiento, Tinaiero (8)
NOES: Councilmembers: None (0)
ABSTAIN: Councilmembers: None (0)
NOT PRESENT: Councilmembers: Bustamante (1)
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, PATRICIA E. HEALY, Clerk of Council, do hereby attest to and certify the attached
Resolution No. 2008-059 to be the original resolution adopted by the City Council of the
City of Santa Ana on August 18, 2008.
Date: ~ ~ /
atricia E. Healy
Clerk of the Council
City of Santa Ana
Resolution No. 2008-059
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