Report to City Council and Housing Authority
Tuesday, May 02, 2017
Special Orders of the Day
SUBJECT:
Title
JOINT PUBLIC HEARING TO CONSIDER CARSON HOUSING AUTHORITY RESOLUTION NO. 17-13-CHA AND CITY COUNCIL RESOLUTION NO. 17-057 APPROVING THE FIRST AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT BY AND BETWEEN THE CARSON HOUSING AUTHORITY AND CARSON FIGUEROA AFFORDABLE HOUSING, LP.
Body
I. SUMMARY
This action is for approval of Carson Housing Authority Resolution No. 17-13-CHA (Exhibit No. 1) and City Council Resolution No. 17-057 (Exhibit No. 2), approving the First Amendment to the Disposition and Development Agreement (First Amendment) by and between the Carson Housing Authority (Authority) and Carson Figueroa Affordable Housing, LP (Developer). The Developer has proposed a 51-unit affordable housing community providing leasing preference to veterans of the United States Armed Forces on the 1.14-acre property located at southwest corner of Figueroa and Carson Street (Property) (Exhibit No. 3).
The original Disposition and Development Agreement (DDA) provided that the Authority took title to the Property from the Seller and conveyed it to the Developer at the close of project financing. However, Developer was to demolish the structures on the Property but would be reimbursed for the demolition work by certain grant proceeds from the Authority. To avoid blight and protect the public health, safety, and welfare, it is necessary to perform the demolition work as soon as practicable and, therefore, Authority and Developer now desire to amend the DDA to provide that the Authority shall perform the demolition work on the Site prior to the commencement of the project (First Amendment).
II. RECOMMENDATION
Recommendation
TAKE the following actions:
1. OPEN the joint Public Hearing, TAKE public testimony, and CLOSE the joint Public Hearing.
2. WAIVE further reading and ADOPT Resolution No. 17-13-CHA, "A RESOLUTION OF THE CARSON HOUSING AU...
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