Report to Mayor and City Council
Tuesday, March 20, 2018
Consent
SUBJECT:
Title
CONSIDER AUTHORIZATION OF A COMMERCIAL IMPROVEMENT PROGRAM AGREEMENT WITH GEORGE AND SOTIRIA BOVETAS, TRUSTEES OF THE BOVETA REVOCABLE TRUST, IN THE AMOUNT OF $95,000 TOWARD A CONSTRUCTION CONTRACT FOR A CDBG-FUNDED COMMERCIAL IMPROVEMENT PROJECT LOCATED AT 22300 AVALON BOULEVARD (YELLOW BASKET) (CITY COUNCIL)
Body
I. SUMMARY
For the past several years, the City' CDBG Annual Action Plan has included a funding for a Commercial Improvement Program, but no projects were undertaken. A commercial improvement project is now proposed for the property located at 22300 Avalon Blvd. (APN 7315-005-004) located within the CDBG-designated Slum and Blight Area. The structure was originally constructed in 1973. The applicants are George and Sotiria Bovetas, Trustees of the Bovetas Revocable Trust, owners of Yellow Basket Restaurant ("Owner"). The project will be partly funded from CDBG funds in the amount of $95,000 and partly from private funds from the Owner. The contract for the work is between the contractor and the Owner, with the CDBG funding coming through a Commercial Improvement Program Agreement between the City and the Owner.
II. RECOMMENDATION
Recommendation
TAKE the following actions:
1. APPROVE the Commercial Improvement Program Agreement between the City and George and Sotiria Bovetas, Trustees of the Bovetas Revocable Trust ("Owner"), providing CDBG funding for a commercial facade improvement project located at 22300 Avalon Boulevard in the amount of $95,000 (owner to contribute private funds $103,320 for Phase 1 of project).
2. AUTHORIZE the Mayor to execute the Agreement and all related documents in a form acceptable to the City Attorney.
Body
III. ALTERNATIVES
1. REJECT the bids.
2. TAKE another action the City Council deems appropriate.
IV. BACKGROUND
Over the past 18 months, the City and Owner have been working together to design a fa?ade improvement pr...
Click here for full text