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HomeMy WebLinkAboutResolution - HA 17-01 STATE OF CALIFORNIA ) RESOLUTION NO. HA 17-01 COUNTY OF RIVERSIDE } ss CITY OF SAN JACINTO ) A RESOLUTION OF THE SAN JACINTO HOUSING AUTHORITY APPROVING A PURCHASE AND SALE AGREEMENT BETWEEN THE SAN JACINTO HOUSING AUTHORITY AND R.C. HOBBS COMPANY FOR DISPOSITION OF CERTAIN REAL PROPERTY GENERALLY LOCATED AT 7TH STREET AND RAMONA EXPRESSWAY IN THE CITY OF SAN JACINTO, COUNTY OF RIVERSIDE (APN 433-180-0191 0319 0329 AND 034) WHEREAS, the San Jacinto Housing Authority ("Authority") is engaged in activities to promote the development and preservation of affordable housing within the City of San Jacinto; and WHEREAS, the Authority is the owner of that certain real property generally located at 7th Street and Ramona Expressway in the City of San Jacinto, County of Riverside (APN 433-180-019, 031, 032 and 034) ("Property"); and WHEREAS, the Authority does not currently require the Property for its own uses and does not have plans for its use and development; and WHEREAS, R.C. Hobbs Company (`Buyer') desire to purchase the Property for development of a multi-family housing project; and WHEREAS, the Authority and Buyer have negotiated a Purchase and Sale Agreement ("Agreement") for the sale of the Property by the Authority for a purchase price of $79,268 per net acre; and WHEREAS, the Authority wishes to proceed with the sale of the Property pursuant to the terms and conditions of the Agreement, which agreement is on file at the offices of the Authority and available for public review; and WHEREAS, the Authority has provided notice of and has held a public hearing related to the sale of the Property to Buyer, in accordance with Health & Safety Code section 34312.3(b), and the proceeds of the sale of the Property shall be used for future development of low income housing. NOW THEREFORE BE IT RESOLVED, BY THE BOARD OF DIRECTORS OF THE SAN JACINTO HOUSING AUTHORITY AS FOLLOWS: 24438 K000929769276 ! 1 Section 1. Approval of Purchase and Sale Agreement. The Authority's governing body approves the Agreement in the fort on file at the offices of the Authority. Section 2. Further Acts. The Authority's Executive Director is hereby authorized and directed to take any actions and execute any and all necessary documents, subject to legal counsel review, to implement the Agreement. Section 3. CEQA Compliance. The Authority hereby finds and determines that it can be seen with certainty that there is no possibility that this transaction will have a significant adverse effect on the environment. Thus, the adoption of this Resolution is exempt from the requirements of the California Environmental Quality Act (CEQA) pursuant to Section 15061(b)(3) of the CEQA Guidelines. Section 4. Notice of Exemption. The Authority hereby authorizes and directs that a Notice of Exemption shall be filed with the Clerk of the Board of Supervisors of the County of Riverside, California, within five (5) working days following the date of adoption of this Resolution. Section 5. Effective Date. This Resolution shall take effect immediately upon its adoption. PASSED, APPROVED AND ADOPTED this 16th day of May, 2017. AYES: Ledezma, Kotyuk, Ruiz, Utz, Miller NAYS: None ABSTAIN. None ABSENT: None San Jacinto Housing A thority Scott Miller, Chairperson ATTEST . An la o , Authority Secretary APPROVED AS TO FORM: Best, Best, and Krieger, LLP i ( ; /K� Michael Maurer, Legal Counsel 24438 K0000129769276A 2 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF SAN JACINTO ) i, Angela Walton, do hereby certify that the foregoing is a true copy of Resolution No. HA 17-01 was adopted by the Board of Directors of the San Jacinto Housing Authority at a regular meeting thereof held the 16th day of May 2017. WITNESS my hand this 16th day of May, 2017, A e a'ton, Authority Secretary LJ 24438.K000O\29769276 1 3