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HomeMy WebLinkAbout2011-03-08; Housing & Redevelopment Commission; Resolution 4981 HOUSING AND REDEVELOPMENT RESOLUTION NO. 498 2 A RESOLUTION OF THE HOUSING AND REDEVELOPMENT 3 COMMISSION OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING CERTAIN ACTIONS RELATED TO THE TRANSFER 4 OF REAL PROPERTY AND OTHER ASSETS OF THE CARLSBAD REDEVELOPMENT AGENCY TO THE CITY OF CARLSBAD TO MEET EXISTING OBLIGATIONS SET FORTH IN THE 6 COOPERATION AGREEMENT, REIMBURSEMENT AND REPAYMENT SCHEDULE AGREEMENTS BETWEEN THE AGENCY 7 AND THE CITY. 8 WHEREAS, the Redevelopment Agency of the City of Carlsbad, hereinafter referred to 9 as "Agency", is a Community Redevelopment Agency organized and existing under the 10 Community Redevelopment law, health and Safety Code Section 33000, et. Seq., hereinafter referred to as the "Act", as in effect as of January 1, 2011; and 12 WHEREAS, the Agency was previously authorized to implement the Redevelopment 13 Plan for the Carlsbad Village Redevelopment project Area, and also was and continues to be 14 authorized to transition said village redevelopment operations to the City of Carlsbad following 15 expiration of said Plan in July, 2010; and 16 WHEREAS, the Housing and Redevelopment Commission (Commission) and City 17 Council (Council) have previously entered into Cooperation, Reimbursement and Repayment 1 g Schedule Agreements to continue the effort to redevelop , revitalize and/or eliminate blight in the 19 Village area, to repay debt to the City and to provide for affordable housing, as appropriate and 20 as authorized by redevelopment law in effect at the time of approval of said agreements, upon 21 expiration of the Village Redevelopment Plan and/or dissolution of the Carlsbad Redevelopment 22 Agency (Agency); and 23 24 25 26 27 28 1 WHEREAS, both Commission and Council hereby find it necessary and appropriate to 2 transfer real property and other assets of the Carlsbad Redevelopment Agency to the City of 3 Carlsbad at this time to allow the Council to appropriately complete redevelopment projects and 4 other related activities on behalf of the Commission as set forth in the above said agreements, 5 and for the purpose of partial repayment of debt owed to the City for previous loans/advances to 6 the Commission to perform work on behalf of the Agency; and 7 WHEREAS, the Commission on behalf of the Agency previously determined that the 8 original property acquisitions were consistent with the General Plan because they were consistent 9 with the Village Redevelopment Plan and authorized by said Plan, and that the Commission 10 finds that the transfer of said real property and cash assets to the Council on behalf of the City is 11 consistent with applicable redevelopment law which allows for the Commission to pay 12 previously incurred indebtedness, to comply with Section 33333.8 of the California Health and 13 Safety Code (for provision of affordable housing) and to enforce existing covenants, contracts, or 14 other obligations; and 15 WHEREAS, based on the facts presented to the Commission, the Commission has 16 determined that the transfer of said real property and other cash assets of the Commission to the 17 City is appropriate and necessary at this time to pay previously incurred indebtedness, to comply 18 with Section 33333.8 of the California Health and Safety Code (for provision of affordable 19 housing) and to enforce existing covenants, contracts or other obligations as set forth within the 20 previously approved Cooperation, Reimbursement and Repayment Schedule Agreements 21 between the Commission and City; and 22 WHEREAS, the transfer of real property and cash of the Commission to the City will 23 accomplish the public purposes of implementing the South Carlsbad Coastal Redevelopment 24 Project Plan and achieving the goals and purposes of such Plan, sustaining the redevelopment 25 accomplished by the implementation of the Village Redevelopment Project Plan, expanding and 26 improving the community's supply of affordable housing, obtaining the benefits for the City of 27 28 1 the municipal uses to which the real property and cash will be put, enforcing the existing 2 covenants, contracts and other obligations arising from said redevelopment projects, and carrying 3 out and achieving the goals and purposes of the Cooperation Agreement between the City and 4 Commission; and 5 WHEREAS, the transfer of such real property and cash of the Commission to the City is 6 expressly authorized by the Aid, Assistance and Cooperation provisions of the California 7 Community Redevelopment Law (found in Sections 33220 et. seq of the California Health and 8 Safety Code) with or without financial consideration; and 9 WHEREAS, per Section 15301 of the State CEQA Guidelines, the transfer of the real 10 property and other assets noted is exempt from environmental review under CEQA because the 11 transfer will result in a continuation of an existing facility involving no expansion of use and is 12 therefore exempt from environmental review, and any future development proposed for the real 13 property or assets will require separate environmental review under CEQA before proceeding. 14 15 NOW, THEREFORE, BE IT HEREBY RESOLVED, by the Housing and 16 Redevelopment Commission of the City of Carlsbad, as follows: 17 1. The above recitations are true and correct. 18 ,g 2. The Housing and Redevelopment Commission hereby APPROVES the transfer of the real property and other assets listed below, for use by the City for municipal purposes 20 consistent with all previously Cooperation, Reimbursement and Repayment Schedule Agreements for ongoing efforts to redevelop, revitalize, and/or eliminate blight in the 21 Village Area as authorized by redevelopment law in effect at the time of approval of said agreements, and/or partially repay the debt owed to the City of Carlsbad for previously 22 approved loans/advances from the City for operation of said Agency and implementation of the Village Redevelopment Project Area Plan: £J 24 /// 25 /7/ ^ III 26 /// 27 28 \\ 1 2 3 4 5 6 1 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 4. Asset Name State Street Property (NVA) 2787 State Street State Street Property (public parking & restaurant) 2829, 2833 and 2897 State Street State Street Parking Lot Midblock between Carlsbad Village Drive and Oak Avenue Oak Maintenance Yard 405 Oak Avenue Public Parking Lot 2992 Roosevelt Street Public Parking Lot 2922, 2936-2944 Roosevelt Street Tyler Court Apartments 3363 Tyler Street Total Value Property Parcel Number 203-295-01-01 203-295-01-02 203-294-02 203-294-03 203-294-06 203-296-06 204-01 0-05 & 06 203-304-09 203-304-02 203-304-05 204-070-27 N/A Estimated Value $695,800 $1,260,000 $1,150,000 $3,100,000 $765,000 $990,000 $6,800,000 $14,760,800 The Finance Director is hereby authorized to appropriately account for the transfer of said real property from the Carlsbad Redevelopment Agency to the City of Carlsbad, and to transfer the balance of funds within the low/mod housing set-aside fund for the Carlsbad Redevelopment Agency for both the Village and South Carlsbad Coastal Redevelopment Project Areas to the City of Carlsbad and/or the Carlsbad Housing Authority as determined to be appropriate by the Executive Director of the Agency and/or City Manager, and to make said funds available for developing or otherwise providing additional low income affordable housing opportunities within the City of Carlsbad. The Finance Director is hereby authorized on behalf of the Agency to transfer the cash available from the Agency as a result of ongoing operation of the Tyler Court Senior Apartments, after expenses are paid for said operations and property maintenance and repairs, to the City of Carlsbad's Housing Trust Fund for use by the City and/or Carlsbad Housing Authority to fund rehabilitation or capital improvement projects related to the Tyler Court Apartments, and/or to be used to create additional affordable housing opportunities for low income households within the City of Carlsbad. That the City will assume the obligation to maintain all real properties herein transferred to the usual, normal and customary standards as determined by the City Council. 1 6. The Housing and Redevelopment Commission authorizes the Executive Director of the Agency to direct and execute any agreements or other documents required to allow for said transfer of real property and other assets from the Agency to the City of Carlsbad, subject to prior approval of the City Attorney, acting as legal counsel for the Commission 4 and Agency. 5 7. The Housing and Redevelopment Commission authorizes the City Clerk, on behalf of the Carlsbad Redevelopment Agency, to execute the Certificates of Acceptance of the Deeds 6 to acknowledge the transfer of property ownership from the Housing and Redevelopment Commission to the City Council at the direction of the Executive Director of the Agency and upon preparation and subject to prior approval of the General Counsel. 8 9 /// 10 /// 11 /// 12 /// 13 /// 14 /// 15 /// 16 /// 17 /// 18 /// 19 /// 20 /// 21 /// 22 /// 23 /// 24 /// 25 /// 26 /// 27 28 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the Carlsbad Housing and Redevelopment Commission and Carlsbad City Council held on the 8th day of March, 2011, by the following vote to wit: AYES: Commission Members Hall, Kulchin, Blackburn, Douglas and Packard. NOES: None. ABSENT: None. LISA HILDABRAND, Secretary (SEAL) = oY ESTABLISHED''; % -_