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HomeMy WebLinkAbout2005-05-27; City Council; Resolution 2005-162CITY COUNCIL RESOLUTION 2005-162 I 2 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING AN APPROPRIATION OF FUNDING FOR ACQUISITION OF PROPERTY AT 6480 EL CAMINO REAL BY THE CITY OF CARLSBAD TO DEVELOP HOUSING FOR LOWER INCOME AFFORDABLE HOUSING PURPOSES WHEREAS, the City of Carlsbad has a significant need for affordable housing oughout the community as set forth in both its Housing Element of the General Plan and the y’s federally-required Consolidated Plan; WHEREAS, the City Council previously approved the assignment of a real estate ase contract from the Affirmed Housing Group to the City of Carlsbad to purchase property te the appropriate documents; and t 6480 El Camino Real for affordable housing purposes and authorized the City Manager to WHEREAS, City has completed all appropriate reviews of the acquisition and is repared to proceed with the acquisition of the property at 6480 El Camino Real, without threat f condemnation and at a fair market value, for the purpose of developing affordable housing unities for lower income households; and WHEREAS, the Planning Commission, based on the facts presented to it found that the cquisition of the subject property is consistent with the General Plan; and WHEREAS, based on the facts presented to the City Council, the council has determined g Element of the General Plan; and WHEREAS, acquisition of the subject site and the ultimate development of an affordable at the acquisition of the subject property is consistent with the goals and objectives of the project will increase affordable housing inventory within the City of Carlsbad. WHEREAS, per Section 15326 of the State CEQA Guidelines, the acquisition of the roperty is exempt from environmental review under CEQA because the acquisition is for the urpose of developing affordable housing; and WHEREAS, the City Council adopted a Negative Declaration for the future affordable development on August 10,2004. WHEREAS, an Environmental Assessment required by 24 CFR 58, Section 58.36 of the ational Environmental Protection Act will be completed separately for the project subsequent to action but prior to the release of any federal funding for the project. NOW, THEREFORE, BE IT HEREBY RESOLVED, by the City Council of the City as follows: 1. The above recitations are true and correct. 26 27 28 3 3 f 5 4 E . t r 1 E 5 IC 11 12 12 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28’ 2. 3. 4. 5. 6. I/ I1 I/ /I ‘I (1 11 I1 (1 The City Council previously authorized the City Manager to execute the Assignment of Real Estate Purchase contract to acquire the property at 6480 El Camino Real for affordable housing purposes. The City Council hereby APPROVES the appropriation of fbnding in the amount of one million three hundred fifty-five thousand dollars ($1,355,000) from the Housing. Trust Fund for the purpose of acquiring property to be used to develop affordable housing to serve lower income households, subject to all terms and conditions set forth in the previously executed purchase agreement and related escrow instructions. The City Council hereby APPROVES the use of twenty-five thousand five hundred and ninety-six dollars ($25,596) in Federal Home Investment Partnership Program Funds (HOME) and four hundred forty-six thousand nine hundred and seventy-seven dollars ($446,977) in Community Development Block Grant Funds (CDBG) to reimburse the City of Carlsbad’s Housing Trust Fund for a portion of the purchase price to finance the acquisition of the subject property for lower income affordable housing purposes upon completion of the required NEPA review and approval of the release of funds by the U.S. Department of Housing and Urban Development. The Finance Director is hereby authorized to forward the appropriate funding to the escrow holder to complete the City of Carlsbad’s acquisition of the property located at 6480 El Camino Real. The City Council authorizes the City Manager to execute all appropriate acquisition documents as deemed appropriate and subject to prior approval of the City Attorney. Y 11 1: 1; 1: 11 I! 11 1: 1E 1: 2c 21 22 22 24 25 26 27 28 7. The City Council authorizes the City Clerk to execute the Certificate of Acceptance of the Deed for the subject property, upon preparation by the Escrow Officer and on behalf of the City of Carlsbad. PASSED, APPROVED, AND ADOPTED at a Special meeting of the City ouncil of the City of Carlsbad, California, held on the 27th day of May , 2005 by the Illowing vote, to wit: AYES: Council Members Hall, Kulchin, Packard, Sigafoose NOES: None ABSENT: Council Member Lewis ABSTAIN: None MATT HALL, Mayor Pro-Tern TTEST: Laren R. Kundtz, Asyistant City Clerk EAL) 5