HomeMy WebLinkAbout2022-06-14; City Council; Resolution 2022-132RESOLUTION NO. 2022-132
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, AUTHORIZING THE CITY MANAGER TO EXECUTE ALL REQUIRED
DOCUMENTS TO COMPLETE THE PURCHASE AND RESALE OF AN
AFFORDABLE HOUSING UNIT AT 6219 LIBERTY PLACE AND AUTHORIZING
THE DEPUTY CITY MANAGER, ADMINISTRATIVE SERVICES, TO APPROPRIATE
$230,000 FROM THE COMMUNITY DEVELOPMENT BLOCK GRANT SPECIAL
REVENUE FUND FOR RELATED COSTS
EXHIBIT 1
WHEREAS, the City Council of the City of Carlsbad, California has determined that it desires to
purchase and resell at-risk affordable housing units to eligible lower income buyers at an affordable
price to implement the city's affordable housing goals and policies; and
WHEREAS, on Dec. 8, 2020, the City Council approved the City Council Policy Statement No. 73
-City Option to Purchase Resale Affordable Housing and the Affordable Housing Resale Program
Guidelines by Resolution No. 2020-234; and
WHEREAS, the property owner of 6219 Liberty Place provided notice to the city on March 18,
2022, indicating the owner's intent to sell or transfer ownership of the restricted affordable housing
unit; and
WHEREAS, City Council Policy No. 73 authorizes the City Manager or designee to exercise the
city's option to purchase an existing affordable housing unit, subject to City Council appropriation of
funds and acceptance of the grant deed; and
WHEREAS, the purchase is consistent with City Council Policy No. 73 guiding principles in that
Community Development Block Grant funds are available to cover the purchase, the acquisition is
consistent with FY 2020-2025 Consolidated Plan priorities and is an approved activity in the FY 2021-
22 CDBG Annual Action Plan; and
WHEREAS, the purchase approval by the City Council enables the city to extend the affordability
of the existing unit, and to resell it to an eligible buyer in accordance with the City of Carlsbad
Affordable Housing Resale Program; and
WHEREAS, the revenue generated from the sale of the property will be deposited into the
Community Development Block Grant fund as program income, with the sales proceeds being available
to create more affordable housing opportunities.
June 14, 2022 Item #4 Page 4 of 25
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NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as
follows:
1.That the above recitations are true and correct.
2.That the City Manager, or designee, is authorized to execute all required documents,
including the Acceptance of the Grant Deed (Attachment A), for the purchase and all
future decisions and actions necessary to implement the resale and disposition of said
property, in compliance with City Council Policy No. 73 and the Affordable Housing
Resale Program Guidelines.
3.That the Deputy City Manager, Administrative Services, is authorized to appropriate
$230,000 from the Community Development Block Grant Special Revenue Fund to cover
the purchase price, related escrow and other processing fees to complete the
acquisition. Additionally, said funds are authorized for costs related to refurbishing and
preparing the unit for resale.
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of
Carlsbad on the 14th day of June, 2022, by the following vote, to wit:
AYES:
NAYS:
ABSENT:
Hall, Blackburn, Bhat-Patel, Acosta, Norby.
None.
None.
-f'FAVIOLA MEDINA, City Clerk Services Manager
(SEAL)
June 14, 2022 Item #4 Page 5 of 25
RECORDING REQUESTED BY:
Chicago Title Company
When Recorded Mail Document
and Tax Statement To: Geoff Patnoe City of Carlsbad 1200 Carlsbad Village Drive Carlsbad, CA 92008
ATTACHMENT A
Escrow Order No.:
APN/Parcel ID(s): 213-190-05-39
SPACE ABOVE THIS LINE FOR RECORDER'S USE
Exempt from fee per GC 27388.1 (a) (2); recorded in connection with a concurrent
transfer subject to the imposition of documentary transfer tax.
GRANT DEED
The undersigned grantor(s) declare(s)
0 This transfer is exempt from the documentary transfer tax.
The grantee is the United States or an agency or instrumentality thereof, a state or territory, or
__/ political subdivision thereof, R & T 11922.
!21 The documentary transfer tax is $ _______ and is computed on: â–¡the full value of the interest or property conveyed.D the full value less the liens or encumbrances remaining thereon at the time of sale.
The property is located in 0 the City of Carlsbad.
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, Shannon Karly McTaggart, a single woman
hereby GRANT(S) to City of Carlsbad , a Municipal Corporation
the following described real property in the City of Carlsbad, County of San Diego, State of California:
For APN/Parcel ID(s): 213-190-05-39
A more complete legal description attached hereto and made a part hereof marked as Exhibit A
PROPERTY COMMONLY KNOWN AS: 6219 Liberty Place, Carlsbad, CA 92009
MAIL TAX STATEMENTS AS DIRECTED ABOVE
Grant Deed SCA0000129.doc I Updated: 04.08.20
June 14, 2022 Item #4 Page 6 of 25