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HomeMy Public PortalAbout15-14 - Making Certain Finding and Approving a Disposition and Development Agreement Between Carson Hosuing Authority and Affirmed Housing GroupRESOLUTION NO. 15-14-CHA A RESOLUTION OF THE CARSON HOUSING AUTHORITY MAKING CERTAIN FINDINGS AND APPROVING A DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE CARSON HOUSING AUTHORITY AND AFFIRMED HOUSING GROUP, INC., A DELAWARE CORPORATION, RELATING TO THE DEVELOPMENT OF 401 E. SEPULVEDA BOULEVARD. WHEREAS, pursuant to Health & Safety Code Section 34175, the Carson Housing Authority (Authority) became the Housing Successor to manage the housing assets and obligations of the former Carson Redevelopment Agency (Agency) ; and WHEREAS, the California Department of Finance has approved the transfer of the Low Mod Income Housing Asset Fund and other housing assets from the Agency to the Authority; and WHEREAS, to effectuate the provisions of the Redevelopment Plan in regards to the creation of affordable housing for the Carson Consolidated Project Area, the Authority is considering the transfer of the Authority -owned property located at 401 E. Sepulveda Boulevard (Site) to Affirmed Housing Group, Inc., a Delaware corporation (Developer), pursuant to a Disposition and Development Agreement (DDA) with the Developer for the construction of a 65 -unit affordable senior housing project (Project) as further described in the DDA; and WHEREAS, the DDA is subject to the requirements of Health & Safety Code Section 33433 because the Site was purchased with the proceeds of bonds to be repaid with tax increment revenues; and WHEREAS, the purpose of the Agreement is to implement the Authority's objective of improving and increasing the supply of affordable housing in the City of Carson; and WHEREAS, Health & Safety Code Section 33433 requires that the Authority Board and the City Council approve the DDA, that certain findings be made and that the Summary Report and a copy of the DDA be made available for public inspection; and WHEREAS, the Summary Report and a copy of the DDA were prepared and made available for public inspection as required by Section 33433; and WHEREAS, in accordance with the California Environmental Quality Act (California Public Resources Code Section 21000 et seq. "CEQA"), after examining the potential impacts of the development of the Project on the environment, a Mitigated Negative Declaration was approved by the City Council of the City of Carson on June 3, 2015; and WHEREAS, on June 16, 2015, the Authority and the City Council conducted and concluded a duly noticed joint public hearing pursuant to Section 33433 to consider the DDA and the Summary Report; and WHEREAS, all legal prerequisites to the adoption of this resolution have occurred. 01007.0016/255507.1 RESOLUTION NO. 15-14-CHA PAGE 2 OF 3 NOW, THEREFORE, based on the evidence presented to the Authority, including the written staff report and oral testimony on this matter, and the 33433 Report, the Agency does hereby find, determine and resolve as follows: Section 1. The above recitals are all true and correct and adopted as findings. Section 2. The DDA is consistent with the adopted Redevelopment Plan for the Carson Consolidated Project Area and the former Carson Redevelopment Agency's Implementation Plan adopted pursuant to California Health and Safety Code Section 33490. Section 3. The CEQA determination, which was adopted on June 3, 2015, remains adequate to address all potential environmental impacts of this Project and no further environmental review is necessary. Section 4. The facts set forth in the Summary Report prepared for the DDA are incorporated herein and are found to be true and correct. Section 5. The transfer of the Site will assist in the elimination of blight in the Carson Consolidated Project Area and will provide housing for low income persons. Section 5. The consideration for the Site is not less than the fair reuse value of the Site at the use and with the covenants and conditions and development costs authorized by the DDA. Section 7. The DDA, a copy of which is available at the City Clerk's office, and by this reference incorporated herein, and the instruments referenced therein are hereby approved. Section 8. The Chairman and/or Executive Director and/or any other authorized officers are hereby authorized to take such actions, perform such deeds, and execute, acknowledge and deliver such instruments and documents as they deem necessary to effectuate the transactions contemplated under the DDA. PASSED, APPROVED and ADOPTED th Authority ecretary ��ew IAV\?*,V' 01007.00161355507.1 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF CARSON } I, LaToya Butler, Deputy Secretary of the Carson Housing Authority, of the City of Carson, California, do hereby certify that the whole number of members of the Carson Housing Authority is four; that the foregoing resolution, being Resolution No. 15-14-CHA was duly and regularly adopted by said Authority at a regular meeting duly and regularly held on the 15th day of June, 2015, and that the same was passed and adopted by the following vote: AYES: AUTHORITY BOARD MEMBERS: Chairman Robles, Davis -Holmes, and Hilton NOES: AUTHORITY BOARD MEMBERS: None ABSTAIN: AUTHORITY BOARD MEMBERS: None ABSENT: AUTHORITY BOARD MEMBERS: Santarina q& -_ Deputy Secretary CALIFORNIA ALL-PURPOSE ACKNOWLEflGNlENTa CIVIL CODE At 1420 . . -- c.rr.Gf'Atccm`d A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of Calif rA nia�n County of _ liLILL�L— Uira On ` m Date personally appeared Name(s) of Signa*) who proved to me on the basis of satisfactory evidence to be the person7'j whose nam4 is/e/e � m y subs ibed to the within instrument' and acknowle"ed to me that hels�elthOy executed the same in hislhkrit it authorized capacity(i ), and that by his;,rltJ efrsignatune[pJ; on the instrument the person, or the eniity upon behalf of whicA the person() acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of Califomia that the foregoing paragraph is true and correct. WITNESS my hand and officENotary Signature_ ignaturePublic Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can defer alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document 1,� Title or Type of Document: _ v"ll > M Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(les) Claimed by Signer(s) Signer's Name: Corporate Officer — Title(s): Partner -- Limited General D Individual Attorney in Fact [I Trustee Guardian or Conservator 7, Other: Signer Is Representing: Signer's Name: _' Corporate Officer — Title(s): 'L Partner — Limited General Di Individual L Attorney in Fact Trustee L Guardian or Conservator Other: Signer Is Representing: 02014 National Notary Association - www.Nationa]Notary.org • 1 -800 -US NOTARY (1-800-876-6827) Item #5907