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HomeMy WebLinkAbout1999-07-20; City Council; Minutes'. . 3 MINUTES 0 JOINT MEETING OF : THE CARLSBAD CITY COUNCIL AND THE HOUSING AND DATE OF MEETING: July 20,1999 TIME OF MEETING: 6:OO p.m. PLACE OF MEETING: City Council Chambers REDEVELOPMENT COMMISSION (Joint Special Meeting) CALL TO ORDER: MayOKhair Lewis called the Meeting to order at 6:25 p.m. ROLL CALL: Present: MayOKhair Lewis, Council Members/Commissioners Hall, Finnila, Nygaard, and Kulchin APPROVAL OF MINUTES: None DEPARTMENTAL AND EXECUTIVE DIRECTOR REPORT: Mayor Pro TemNice-Chair Hall left the dais at 6:25 p.m., citing possible conflict of interest. 5. AB #15.323 - ACQUISITION OF PROPERTY AT 3363 TYLER COURT. Debbie Fountain, Director of Housing and Redevelopment gave the staff report describing the 75 unit rental housing that is designated for affordable housing within the Community and is restricted to Seniors. She stated that staff is recommending that the Redevelopment Agency retain ownership of the property and contract with a non-profit organization to serve as the management company. Ms. Fountain also stated that the Redevelopment Agency would recommend income and rent restrictions on the project based on Area Median Income. She also reviewed the addition to City Council Resolution 99-264, Condition No. 6, clarifying how the loan repayment would be made, and the revisions to Housing and Redevelopment Resolution No. 3 12, Conditions No. 7 and 8, describing the re-appropriation of funding for the project. Upon inquiry, Ms. Fountain stated that after acquisition of the property, marketing preference could be given to those that work or live in Carlsbad and she clarified that current tenants who do not qual@ under the new income levels would be allowed to remain in residence, stating that there would be mixed income standards for a period of time and that all new tenants would need to meet the proposed income standards. 4 CITY COUNCIL AND HO d ING AND REDEVELOPMENT JO I# I SPECIAL MEETING JULY 20,1999 PAGE 2 ACTION: On a Motion by Mayor Pro Tem Hall, Council adopted RESOLUTION NO. 99-264, approving certain actions and appropriating funds related to the Carlsbad Redevelopment Agency’s acquisition of 75 units of rental housing, on property located at 3363 Tyler Court for affordable housing purposes with the following addition to Condition No. 6: “The subject loan shall be repaid through future appropriations to the Redevelopment Agency Low and Moderate Income Housing Fund annually, as indicated within the noted agreement and as appropriated by the City Council.”; and, the Commission adopted RESOLUTION NO. 312, approving certain actions and appropriating funds related to the Carlsbad Redevelopment Agency’s acquisition of 75 units of rental housing, on property located at 3363 Tyler Court for affordable housing purposes with the following revisions: Condition No. 7, “The Housing and Redevelopment Commission authorizes the Finance Director to amend the City’s 1999-2000 Capital Improvement Program budget to delete the Redevelopment Roosevelt Block Project and reappropriate the previously approved funds in the amount of two hundred fifty-one thousand and seventy-seven dollars ($25 1,007) to the Tyler Court Apartment acquisition. The Redevelopment Roosevelt Block Project shall be re-established at a later date with a reappropriation of funds up to the originally approved amount of $25 1,077 from revenue generated as a result of annual operation of the Tyler Court Apartments or otherwise.” Condition No. 8, “The Housing and Redevelopment Commission authorizes the Finance Director to amend the City’s 1999-2000 Capital Improvement Program budget to reduce the amount of funding appropriated to the Village Public Parking Enhancement Program to two hundred forty-two thousand dollars ($242,000) and reappropriate the remaining six hundred fifty-eight thousand dollars ($658,000) in Redevelopment Bond Funds to the Tyler Court acquisition. The Village Public Parking Enhancement Program shall be reimbursed funds up to a maximum of the originally approved amount of $900,000 through future appropriations of revenue generated as a result of annual operations of the Tyler Court Apartments or otherwise.”; and, Council and the Commission instructed staff to give marketing preference tho those that live or work in Carlsbad. AYES : Lewis, Hall, Finnila, Nygaard, Kulchin. NOES: None. ABSENT: Hall. ADJOURNMENT By proper motion, the Joint Special Meeting of July 20, 1999, was adjourned at 6:45 p.m. Respectfully submitted, pR.L ETHA L. RAUTENKRANZ City Clerk Lorraine M. Wood Deputy City Clerk