HomeMy WebLinkAbout1999-09-21; City Council; Resolution 99-3361
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-CITY COUNCIL RESOLUTION NO. w2.25 W
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CAIUSBAD, CALIFORMA, AUTHORIZING THE CITY OF
CARLSBAD’S PARTICIPATION IN THE SAN DIEGO AREA
HOUSING PROGRAM, AND APPROVAL OF THE
EXECUTION OF THE RELATED JOINT POWERS
AUTHOFUTY AGREEMENT
HOUSING AND FINANCE AGENCY’S LEASE-TO-OWN
WHEREAS, the City of Carlsbad seeks to promote home ownership to improve the Ci
housing stock and to further economic development for the welfare of its residents; and
WHEREAS, the Housing Element seeks to provide a variety of housing opportunitie!
households of all income levels; and
WHEREAS, there is a growing need for the City to find new cooperative ways to devc
programs that will increase home ownership opportunities and improve community life; and
WHEREAS, the San Diego Area Housing & Finance Agency is a cooperative apprc
between cities that will increase home ownership and thereby improve the quality of community
for those cities participating in the Agency; and
WHEREAS, the City of Carlsbad will further its goal of home ownership within
community through membership in the San Diego Area Housing and Finance Agency; and
WHEREAS, on July 8, 1999 and August 12, 1999, the Housing Commission heid a pul
meeting to consider City participation in said Lease-to-Own Housing Program; and
WHEREAS, at said public meeting on August 12, 1999, upon hearing and considerinl
testimony, if any, of all persons desiring to be heard, the Housing Commission recommended tha
City Council approve participation in said Lease-to-Own Housing Program with participatio
said Program limited to households with incomes which do not exceed 140% of the 1
Median Income.
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CC Resolution No..”- w
Page 2
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NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the Cir
Carlsbad, California, as follows:
1. The above recitations are true and correct.
2. The Program is consistent with the goals and objectives of the City of Carlsbad’s Hor
Element, the Consolidated Plan, and the Carlsbad General Plan in that it will provide 1
buyer assistance for moderate and upper income households within the City of Carlsbad.
3. As recommended by the Housing Commission, the project will provide home bL
opportunities to households earning up to’140% of the Area Median Income. The Prog
therefore, has the ability to effectively serve the City’s housing needs as expressed it
Housing Element.
4. That the City Council hereby approves the City of Carlsbad’s participation in the San C
Area Housing and Finance Agency’s residential Lease-to-Own Program, and approve:
agreement for membership of the City of Carlsbad in the related Joint Powers Authorit
implementation purposes, in substantially the form presented and subject to final approv,
the City Attorney.
5. That the City Council hereby authorizes the City Manager or assigned designee to execu
documents required for participation in said residential Lease-to-Own Program, includin:
not limited to the Joint Exercise of Powers Agreement which creates the San Diego
Housing and Finance Agency, in substantially the form presented and subject to review
final approval by the City Attorney.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Counc
the City of Carlsbad, California, held on the 21 st day of September , 1999 by the folio\
vote, to wit:
AYES: Council Members Lewis, Nygaard, Finnila, Hall & Kulchin
NOES: None
ABSENT: None
ABSTAIN: None
Y
ATTEST:
ALETHA L. RAU~EWZ, city CI~
KAREN R. KUNDTZ, Assistant City Clerk
(SEAL)