HomeMy WebLinkAboutResolution - RDA 06 - 02 STATE OF CALIFORNIA ) RESOLUTION NO. RDA 06-02
COUNTY OF RIVERSIDE) ss
CITY OF SAN JACINTO )
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY
OF SAN JACINTO, CALIFORNIA, APPROVING AN AFFORDABLE
HOUSING DISPOSITION AND DEVELOPMENT AGREEMENT
BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN
JACINTO AND PALM DESERT DEVELOPMENT COMPANY
CONCERNING THE DEVELOPMENT OF AN EIGHTY-ONE (81) UNIT
AFFORDABLE HOUSING DEVELOPMENT ON SANTA FE STREET
BETWEEN ESPLANADE AVENUE AND OAKWOOD STREET IN THE
CITY OF SAN JACINTO AND MAKING CERTAIN FINDINGS
PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION
33433 IN CONNECTION THEREWITH
WHEREAS, pursuant to the provisions of California Community
Redevelopment Law (California Health and Safety Code Section 33000 et seq.)
("CRL"), the City Council ("City Council") of the City of San Jacinto ("City") approved and
adopted a redevelopment plan ('Redevelopment Plan") for the San Jacinto
Redevelopment Project Area ("Project Area"); and
WHEREAS, the Redevelopment Agency of the City ("Agency") is engaged
in activities necessary to execute and implement the Redevelopment Plan for the
Project Area; and
WHEREAS, the Agency owns that certain real property within the Project
Area consisting of approximately 4.78 acres located on Santa Fe Street between
Esplanade Avenue and Oakwood Street, commonly referred to as Assessor Parcel
Number 439-070-022 ("Property"); and
WHEREAS, Palm Desert Development Company, a California corporation
("Developer") desires to acquire the Property from the Agency and construct on the
Property an eighty-one (81) unit multi-family affordable rental housing project ("Project')
comprised of forty (40) two-bedroom units, and forty (40) three-bedroom units subject to
the following occupancy restrictions:
(i) Eighteen (18) of the units restricted for lease to households at or below
one hundred twenty percent (120%) of the area median income;
(ii) Thirty (30) units restricted for lease to households at or below eighty
percent (80%) of the area median income;
(iii) Thirty-two (32) units restricted for lease to households at or below fifty
percent (50%) of the area median income.
(iv) One (1) unit restricted for use by the person or household that is
managing the project; and
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WHEREAS, to assist in the development of the Project on the Property,
the Agency desires to provide the Developer a predevelopment grant in an amount not
to exceed Two Hundred Fifty Thousand Dollars ($250,000); a purchase loan for the
purchase of the Property in an amount not to exceed Eight Hundred Eighty Four
Thousand Three Hundred Dollars ($884,300); and a loan in an amount not to exceed
Two Million One Hundred Sixty Five Thousand Seven Hundred Dollars ($2,165,700), all
to assist the Developer in financing the development of the Project on the Property
("Agency Assistance"); and
WHEREAS, in consideration of the Agency Assistance, the occupancy
restrictions maintaining the affordability of the Project will be ensured for a fifty-five (55)
year term pursuant to a regulatory agreement to be recorded against the Property; and
WHEREAS, the Agency and the Developer have negotiated the terms of
that certain Santa Fe Street Affordable Housing Disposition and Development
Agreement ("Agreement"), which provides for, among other things, the Developer's
development of the Project on the Property and the Agency's provision of the Agency
Assistance to the Developer; and
WHEREAS, a copy of the proposed Agreement is and has been on file at
the Agency office, located at 248 East Main Street, San Jacinto, California 92583, and
available for public review during normal business hours of the Agency, since June 23,
2006; and
WHEREAS, the Agency has determined that implementation of the
Agreement: (i) is in the best interests of the City and the Agency and the health, safety
and welfare of the City's taxpayers and residents and is in accordance with the public
purposes set forth in the Redevelopment Plan and CRL, (ii) strengthens the City's land
use and social structure; (iii) alleviates economic and physical blight in the City; and (iv)
provides needed affordable housing in the City; and
WHEREAS, pursuant to Government Code Section 65402, the Planning
Commission of the City must determine prior to the time of conveyance of the Property
to the Developer that the location, purpose, extent and development of the Project are
in conformance with the City's general plan; and
WHEREAS, pursuant to CRL Section 33433 the City Council of the City
(acting as the Agency's legislative body) must make certain findings and determinations
in connection with the Agency 's sale of the Property, which was acquired with Agency
tax increment revenue; and
WHEREAS, pursuant to CRL Section 33433, the Agency has caused to
be prepared, and the City Council has reviewed and considered, a summary report
("Summary Report") setting forth: (1) the cost of the Agreement to the Agency; (2) the
estimated value of the interest to be conveyed; and (3) an explanation of how the
acquisition and conveyance of that interest will assist in the elimination of blight within
the Project Area and the Agency has made the Summary Report available for public
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inspection in accordance with CRL Section 33433; and
WHEREAS, pursuant to CRL Section 33433, on June 23, 2006, and June
29, 2006, the Agency caused notice of the joint public hearing of the City Council and
the Agency's Governing Board to be published in a newspaper of general circulation
within the Agency's territorial jurisdiction; and
WHEREAS, pursuant to provisions of CRL Section 33433, on July 6,
2006, the City Council and the Agency's Governing Board held a duly noticed joint
public hearing on the proposed Project and on the proposed Agreement; and
WHEREAS, the Project is a "project" subject to the California
Environmental Quality Act ("CEQA"); and
WHEREAS, a Mitigated Negative Declaration ("MND") was previously
prepared for this Project, and was analyzed and adopted on May 13, 2006, all in
accordance with the requirements of CEQA; and
WHEREAS, pursuant to State CEQA Guidelines Section 15162, the
Agency, as the lead agency, has determined that none of the conditions requiring
preparation of a subsequent Negative Declaration, MND, or Environmental Impact
Report ("EIR") have occurred regarding the Project; and
WHEREAS, the Agency has determined that the requirements of Article
XXXIV of the California Constitution (which requires an election to be held in the City in
the event of the acquisition, construction or development of a low-rent housing project)
does not apply to the Project because the Project will not be developed, constructed or
acquired by the Agency; and
WHEREAS, all other legal prerequisites to the adoption of this Resolution
have occurred.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the
City of San Jacinto Redevelopment Agency as follows:
Section 1. The Agency's Board of Directors approves the Agreement, in
substantially the form presented to the Board of Directors.
Section 2. The Executive Director is hereby authorized to execute the
Agreement on behalf of the Agency, together with such changes
and amendments as may be approved by both the Executive
Director and Agency Counsel. The Executive Director is further
authorized to take any actions and execute any and all necessary
documents to implement the Agreement.
Section 3. The Agency Board certifies that it has reviewed and considered the
MND adopted for the Project on May 13, 2006 along with the
proposed Agreement, and in its independent judgment finds that:
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(i) No substantial changes to the Project have been proposed
which would require major revisions of the MND due to new
significant environmental effects, nor has any change been
proposed that would lead to any increase in any previously
identified significant effects and no subsequent MND is
required.
(ii) No substantial changes have occurred with respect to the
circumstances related to the Project which would require
major revisions of the MND, thus there will be no new
significant environmental effects nor any increase in any
previously identified significant effects and no subsequent
MND is required.
(iii) There is no new information of substantial importance
regarding the Project which was not previously known or
considered prior to adoption of the MND.
In light of the above findings and pursuant to State CEQA
Guidelines Section 15162, no subsequent Negative Declaration,
MND, or EIR is required. Therefore, and in accordance with both
CEQA and the State CEQA Guidelines, no further analysis under
CEQA is required.
Section 4. The Agency Board directs staff to file a Notice of Determination with
the Riverside County Clerk's Office within five (5) working days of
the adoption of this Resolution.
Section 5. This Resolution shall take effect immediately upon its adoption;
provided however that the Agreement shall not be entered into on
behalf of the Agency until all matters related to Conditional Use
Permit 10-03 are resolved to the satisfaction of the Agency Board.
APPROVED and ADOPTED, this 6th day of July, 2006 by the following vote:
Ayes: Ayres, Buydos, Stubblefield
Nays: None
Absent: Ritchie, Shaw
Abstain; None
y fWStubblefiteld. .
y Dal
Chairman of the Redevelopment Agency
of the City of San Jacinto
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TTEST:
T�o k"It, &U&
orothy Choyl ard,
Agency Secr ary
i
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