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HomeMy WebLinkAbout1- MINUTES_2018-01-16HOUSING AUTHORITY MINUTES 1 JANUARY 16, 2018 MINUTES OF THE REGULAR MEETING OF THE HOUSING AUTHORITY MEETING SANTA ANA, CALIFORNI A JANUARY 16, 2018 CALLED TO ORDER COUNCIL CHAMBER 22 CIVIC CENTER PLAZA 10:03 P.M. ATTENDANCE AUTHORITY MEMBERS Present: MIGUEL PULIDO, Chair MICHELE MARTINEZ, Chair Pro Tem P. DAVID BENAVIDES VICENTE SARMIENTO JOSE SOLORIO SAL TINAJERO JUAN VILLEGAS AUTHORITY MEMBERS Absent: NONE STAFF Present: RAUL GODINEZ, II, City Manager SONIA R. CARVALHO, City Attorney MARIA D. HUIZAR, Authority Secretary PUBLIC COMMENTS – None CONSENT CALENDAR ITEMS MOTION: Approve staff recommendation on Agenda Items 1 and 2. MOTION: Tinajero SECOND: Sarmiento VOTE: AYES: Benavides, Martinez, Pulido, Sarmiento, Solorio, Tinajero Villegas (7) NOES: None (0) ABSTAIN: None (0) ABSENT: None (0) HOUSING AUTHORITY MINUTES 2 JANUARY 16, 2018 1. MEETING MINUTES OF DECEMBER 16, 2017 {STRATEGIC PLAN NO. 5, 1} MOTION: Approve Minutes. 2. EXCUSED ABSENCES – None *** END OF CONSENT CALENDAR *** BUSINESS CALENDAR ITEMS 3. HOUSING SUCCESSOR AGENCY FUNDS LOAN AGREEMENT WITH AMCAL MULTI-HOUSING, INC FOR $8,522,740 FOR THE FIRST STREET APARTMENTS PROJECT {STRATEGIC PLAN NO. 5, 3C} MOTION: 1. Authorize the City Manager, acting as the Executive Director of the Housing Authority of the City of Santa Ana, or his or her designee to execute a Loan Agreement with AMCAL Multi- Housing, Inc. for $8,522,740 in Housing Successor Agency Funds to create 69 units of affordable housing at 1440 East First Street in Santa Ana, subject to non-substantive changes approved by the City Manager and Authority General Counsel. 2. Authorize the City Manager, acting as the Executive Director of the Housing Authority of the City of Santa Ana, or his or her designee to execute a Subordination Agreement with Bank of America, N.A., for the Loan Agreement with AMCAL Multi- Housing, Inc., subject to non-substantive changes approved by the City Manager and Authority General Counsel. MOTION: Villegas SECOND: Solorio VOTE: AYES: Benavides, Sarmiento, Solorio, Tinajero Villegas (5) NOES: Martinez, Pulido (2) ABSTAIN: None (0) ABSENT: None (0) HOUSING AUTHORITY MINUTES 3 JANUARY 16, 2018 COMMENTS 4. HOUSING AUTHORITY MEMBER COMMENTS – None ADJOURNED - 10:04 P.M. Maria D. Huizar, Recording Secretary