Report to Successor Agency and Housing Authority
Tuesday, February 21, 2017
Special Orders of the Day
SUBJECT:
Title
PUBLIC HEARING TO CONSIDER RESOLUTION NO. 17-05-CSA APPROVING THE PURCHASE AND SALE AGREEMENT BY AND BETWEEN THE CARSON SUCCESSOR AGENCY AND THE CARSON HOUSING AUTHORITY FOR SALE OF PROPERTY LOCATED AT 600 W. CARSON STREET (SUCCESSOR AGENCY AND HOUSING AUTHORITY)
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I. SUMMARY
This action is an Agreement for Purchase and Sale of Real Property and Joint Escrow Instructions (Agreement) by and between the Carson Successor Agency (Agency) and the Carson Housing Authority (Authority), for the property located at 600 W. Carson Street (Property). The Authority now wishes to acquire the Property (Exhibit No. 1) to facilitate future development of a mixed-use affordable veteran's housing project, which was approved by the Housing Authority Board on January 24, 2017. Pursuant to the Agreement (Exhibit No. 2), the Property will be sold at the appraised fair market value of $628,600.
II. RECOMMENDATION
Recommendation
TAKE the following actions:
1. OPEN the Public Hearing, TAKE public testimony, and CLOSE the Public Hearing.
2. WAIVE further reading and ADOPT Resolution No. 17-05-CSA, "A RESOLUTION OF THE CARSON SUCCESSOR AGENCY APPROVING THE PURCHASE AND SALE AGREEMENT BY AND BETWEEN THE CARSON SUCCESSOR AGENCY AND THE CARSON HOUSING AUTHORITY FOR SALE OF PROPERTY LOCATED AT 600 W. CARSON STREET, CARSON, CALIFORNIA."
3. ADOPT Resolution No. 17-04-CHA "A RESOLUTION OF THE CARSON HOUSING AUTHORITY AMENDING THE FISCAL YEAR 2016-17 BUDGET IN THE CARSON HOUSING AUTHORITY FUND."
4. APPROVE the Authority's acquisition of the property located at 600 W. Carson Street.
5. AUTHORIZE the Chairman to execute the Agreement following approval as to form by the Authority/Agency Counsel.
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III. ALTERNATIVES
TAKE another action the Board deems appropriate.
IV. BACKGROUND
On January 24, 2017 the Authority approved a Disposition and Development...
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