HomeMy WebLinkAbout2005-03-24; Housing Commission; Resolution 2005-0021
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
HOUSING COMMISSION RESOLUTION NO. 2005-002
That the Housing commission RECOMMEND APPROVAL to the City Council of
$2,384,081 in financial cash assistance from CDBG, HOME and Redevelopment
Agency Housing set-aside funds to wakeland housing and development
corporation for construction of eleven (1 1) affordable apartment units to be located
at 2578 Roosevelt street in the village redevelopment area of the city of carlsbad.
APPLICANT: ROOSEVELT STREET APARTMENTS
CASE NO: RP 04-04
WHEREAS, the Wakeland Housing and Development Corporation has proposed to
construct 11 apartment units affordable to very low income households within the City of
Carlsbad and has requested financial assistance fiom the City of Carlsbad to assist in the
financing of said affordable housing project; and,
WHEREAS, the request for financial assist to construct said units has been submitted to
the City of Carlsbad’s Housing Commission for review and consideration; and
WHEREAS, said Housing Commission did, on the 24th day of March, 2005, hold a
public meeting to consider the request for City financial assistance for the construction of said 11
affordable housing apartment units by the affordable housing developer, Wakeland Housing and
Development Corporation; and
WHEREAS, upon hearing and considering all testimony, if any, of all persons desiring
to be heard, said Commission considered all factors relating to the proposal to construct said
affordable housing units.
NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing Commission of
the City of Carlsbad, California, as follows:
1. The above recitations are true and correct.
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
HC RESOLUTION NO. 2005-02
PAGE 2
2.
3.
4.
The request for City financial assistance is consistent with the goals and
objectives of the City of Carlsbad’s Housing Element, Consolidated Plan, the
Inclusionary Housing Ordinance, the Carlsbad General Plan and the Village
Redevelopment Plan.
The request for City financial assistance will assist the affordable housing
developer to construct a total of 11, one and two bedroom affordable apartment
units which will be affordable to households earning 50% of area median income
for San Diego County or less. The project, therefore, has the ability to effectively
serve the City’s housing needs and priorities as expressed in the Housing Element
and the Consolidated Plan.
That based on the information provided within the Housing Commission Staff
Report and testimony presented during the public meeting of the Housing
Commission on March 24, 2005, the Housing Commission hereby ADOPTS
Resolution No. 2005-02, recommending APPROVAL to the City Council to
provide up $2,384,081 in financial cash assistance from the City of Carlsbad’s
DBG, HOME and Redevelopment Agency Housing Set-Aside Funds to Wakeland
Housing and Development Corporation for the construction of eleven (1 1)
affordable apartment units to be located at 2578 Roosevelt Street within the
Village Redevelopment Area of the City of Carlsbad.
5. That the Housing Commission recommends that the City Manager or his or her
designee be authorized by the City Council to prepare and execute all documents
related to provision of the City assistance, including but not limited to a Financial
Assistance Loan Agreement, Note, Deed of Trust and Regulatory Agreement, subject
to review and approval by the City Attorney.
1
e L
7 -
4
4 -
c
5
a
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
6. The developer agrees to provide the City, for its evaluation and approval, three
competitive general contractor bids for the project. Through the general contractor,
the developer mher agrees to make every attempt to secure a minimum of three
subcontractor bids for each of the major construction cost areas for evaluation and
approval by the City of Carlsbad. If the bids presented are not acceptable to the City,
the developer would be required to seek additional bids.
PASSED, APPROVED, AND ADOPTED at a meeting of the Housing Commission of
the City of Carlsbad, California, held on the 24* of March, 2005, by the following vote, to wit:
AYES:
NOES: None
ABSENT: Huston
ABSTAJN: None
Scarpelli, Ritchie, Scram1 and Smith
SBAD HOUSING COMMISSION
DEBORAH K. FOUNTAIN
HOUSING AND REDEVELOPMENT DIRECTOR
HC RESOLUTION NO. 2005-002
PAGE 3