Report to City Council, Successor Agency and Housing Authority
Monday, November 28, 2016
Special Orders of the Day
SUBJECT:
Title
CONTINUED JOINT PUBLIC HEARING ON A DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE CARSON SUCCESSOR AGENCY, THE CARSON HOUSING AUTHORITY, AND CARSON FIGUEROA AFFORDABLE HOUSING, LP, FOR 50 UNITS OF AFFORDABLE HOUSING FOR VETERANS AT 600 WEST CARSON STREET, AND CONTINUE THE PUBLIC HEARING TO THE DECEMBER 6, 2016 REGULAR MEETING
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I. SUMMARY
On November 14, 2016, this hearing was opened and public testimony was taken. The hearing was continued to this evening's meeting.
This action opens the Joint Public Hearing between the Carson Housing Authority (Authority), the Carson Successor Agency and Carson Figueroa Affordable Housing, LP (Developer) on a Disposition and Development Agreement (Agreement) for the development of 50 units of affordable housing for veterans and one (1) manager's unit at 600 West Carson Street and 21723 South Figueroa Street. The Agreement was noticed for the November 14, 2016 meeting because the broad business terms have been negotiated and the Agreement nearly completely drafted. However, the calculation of the fair reuse value of the conveyed parcels needs to be completed, and there is one matter related to title that needs to be resolved before the Agreement is ready for approval. All of these matters will be settled in time for the Authority to consider the item at its November 28, 2016 meeting.
II. RECOMMENDATION
Recommendation
TAKE the following actions:
1. TAKE additional public testimony on the project.
2. CONTINUE the Public Hearing to the December 6, 2016 meeting.
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III. ALTERNATIVES
TAKE another action the Housing Authority/Successor Agency deems appropriate.
IV. BACKGROUND
This action opens the Joint Public Hearing between the Carson Housing Authority (Authority), the Carson Successor Agency (Agency) and Carson Figueroa Affordable Housing, LP (Developer) on a Disposit...
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