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HomeMy WebLinkAbout2020-08-25; City Council; Resolution 2020-177RESOLUTION NO. 2020-177 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING THE DEPUTY CITY MANAGER, ADMINISTRATIVE SERVICES TO APPROPRIATE $250,000 FROM THE COMMUNITY DEVELOPMENT BLOCK GRANT SPECIAL REVENUE FUND AND AUTHORIZING THE CITY MANAGER TO EXECUTE ALL REQUIRED DOCUMENTS TO COMPLETE THE ACQUISITION OF 2649 HANCOCK CIRCLE, CARLSBAD, CALIFORNIA, AN AFFORDABLE HOUSING RESALE UNIT, EXPENDING COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS IN THE AMOUNT OF UP TO $250,000. WHEREAS, the property owner of 2649 Hancock Circle provided notice to the city on May 28, 2020, indicating the owner's intent to sell or transfer ownership of the restricted affordable housing unit at the noted location; and WHEREAS, the city responded to the property owner of the restricted affordable housing unit on June 24, 2020, indicating its intent to exercise its option to purchase the property at 2649 Hancock Circle; and WHEREAS, on June 16, 2020, the City Council approved the fiscal year 2020-2021 Community Development Block Grant (CDBG) Program Annual Action Plan allocating $269,794 in CDBG funding to allow the city to exercise its option to purchase additional affordable housing resales at a restricted price and authorize the use of CDBG funds to purchase these resale units; and WHEREAS, the purchase approval by the City Council allows for the city to recapture an affordable home and extend its affordability for an indefinite period of time, if so desired, and to resell it to an eligible buyer at a lower price, if necessary, to implement the city's affordable housing goals and policies. 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 Deputy City Manager, Administrative Services is authorized to appropriate $250,000 from the CDBG Special Revenue Fund for the property purchase at 2649 Hancock. Aug. 25, 2020 Item #4 Page 4 of 9 3. That the City Council of the City of Carlsbad, California has determined that it desires to exercise its option to purchase an affordable housing resale unit located at 2649 Hancock Circle, Carlsbad, California, and hereby authorizes the city manager to execute all required documents, including the Acceptance of the Grant Deed (Attachment A), for the purchase of said property, and to expend CDBG funds up to $250,000 to cover the purchase price and all related escrow and other processing fees to complete the acquisition. PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 25th day of August, 2020, by the following vote, to wit: AYES: Hall, Blackburn, Bhat-Patel, Schumacher. NAYS: None. ABSENT: None. cfr417-aef MATT HALL, Mayor LQ\AWrIV erVi A1,16 lr BARBARA ENGLESON, tity Clerk (SEAL) Aug. 25, 2020 Item #4 Page 5 of 9 Attachment A Aug. 25, 2020 Item #4 Page 6 of 9 Aug. 25, 2020 Item #4 Page 7 of 9 CERTIFICATE OF ACCEPTANCE (Pursuant to Government Code 27281) This is to certify that the interest in real property conveyed by the Grant Deed from ROSALINDA CHANDARLIS, AN UNMARRIED WOMAN, to the City of Carlsbad, a municipal corporation (the “City”), is hereby accepted on August 26, 2020, by the undersigned officer or agent on behalf of the City pursuant to authority conferred by City Council Resolution No. 2020-_____ adopted on August 25, 2020, and the City Council consents to the recordation of said document in the Office of the Recorder of San Diego County, State of California. CITY OF CARLSBAD, a municipal corporation By: ____________________________________ Name: Geoff Patnoe______________________ Its: Assistant City Manager_______________ Aug. 25, 2020 Item #4 Page 8 of 9