HomeMy WebLinkAbout2016-046 - Santa Ana Arts Collective ProjectROH — 06/07/16
RESOLUTION NO. 2016 -046
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA ANA AUTHORIZING THE SUBMITTAL OF AN
APPLICATION FOR FUNDING UNDER THE AFFORDABLE
HOUSING AND SUSTAINABLE COMMUNITIES
PROGRAM AS JOINT APPLICANTS WITH META
HOUSING CORPORATION, AND, IF AWARDED,
AUTHORIZING THE CITY TO ENTER INTO A CONTRACT
WITH DEVELOPER UTILIZING THE GRANT FUNDS TO
CONSTRUCT THE TRANSPORTATION RELATED
INFRASTRUCTURE FOR THE SANTA ANA ARTS
COLLECTIVE PROJECT
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 Strategic Growth Council's ( "SGC ") Affordable Housing and
Sustainable Communities ( "AHSC ") Program funds land -use, housing,
transportation, and land preservation projects to support infill and
compact development that reduces greenhouse gas ( "GHG ") emissions.
These projects facilitate the reduction of the emissions of GHG's by
improving mobility options and increasing infill development, which
decrease vehicle miles traveled and associated greenhouse gas and
other emissions, and by reducing land conversion, which would result in
emissions of greenhouse gases.
B. On January 29, 2016, the Department of Housing and Community
Development ( "HCD ") announced availability of approximately $320
million in funding for the AHSC Program, also known as the Cap & Trade
Program.
C. The State of California, SGC, and HCD issued a Notice of Funding
Availability ( "NOFA ") dated January 29, 2015, under the AHSC Program,
established under Division 44, Part 1 of the Public Resources Code,
commencing with Section 75200. Funding for the AHSC Program is
provided from the Greenhouse Gas Reduction Fund, an account
established to receive Cap- and -Trade auction proceeds.
D. SGC is authorized to approve funding allocations for the AHSC Program,
subject to the terms and conditions of the NOFA, Program Guidelines,
Resolution No. 2016 -046
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Application Package, and Standard Agreement. HCD is authorized to
administer the approved funding allocations of the AHSC Program.
E. The City of Santa Ana wishes to support Meta Housing Corporation's
( "Developer") application to receive an allocation of $12,028,626 in grant
and loan funds through the AHSC Program as joint applicants of the Santa
Ana Arts Collective project, a mixed -use, multi - family, adaptive reuse and
new construction affordable housing development. The Application
comprised of $7,833,126.00 is requested as a loan for an Affordable
Housing Development (AHD) ( "AHSC Loan ") and $4,195,500.00 is
requested for a grant for Housing - Related (HRI), Sustainable
Transportation Infrastructure (STI), Transit - Related Amenities (TRA) or
Program (PGM) activities ( "AHSC Grant ") as defined the AHSC Program
Guidelines adopted by SGC on December 17, 2015,
F. If the application is approved, the City is hereby authorized and directed to
enter into, execute, and deliver a State of California Standard Agreement
in a total amount not to exceed $12,028,626 ($7,833,126 for the AHSC
Loan and $4,195,500 for the AHSC Grant), and any and all other
documents required or deemed necessary or appropriate to secure the
AHSC Program funds for the Department, and all amendments thereto
(collectively, the "AHSC Documents ").
G. The City of Santa Ana provided the Developer with a residual receipts
loan in an amount not to exceed $4,635,000 in support of the
development.
Section 2. The City Manager, or his designee, is authorized and empowered
to execute in the name of the City of Santa Ana all necessary applications, contracts,
payment requests, agreements, amendments or any other documents related to, and in
furtherance of, the Developer's application for the purposes of securing funds and to
carry out the purposes specified in the AHSC application and agreement.
Section 3. This Resolution shall take effect immediately upon its adoption by
the City Council, and the Clerk of the Council shall attest to and certify the vote adopting
this Resolution.
ADOPTED this 7"' day of June, 2016.
Resolution No 2016 -046
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APPROVED AS TO FORM:
Sonia R. Carvalho
City Atto`ry, i 0
By:
Ryan
ity
AYES: Councilmembers
NOES: Councilmembers:
ABSTAIN: Councilmembers:
Amezcua, Benavides, Pulido, Reyna, Tinaiero (5)
NOT PRESENT: Councilmembers: Martinez, Sarmiento (2)
CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, MARIA D. HUIZAR, Clerk of Council, do hereby attest to and certify the attached
Resolution No. 2016 -046 to be the original resolution adopted by the City Council of the
City of Santa Ana on June 7, 2016.
Date: �&�a�' /r�
4 1 ,.�,
Clerk of Council
City of Santa Ana
Resolution No. 2016 -046
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