Report to Mayor and City Council
Tuesday, March 05, 2019
Consent
SUBJECT:
Title
CONSIDER AUTHORIZATION OF A COMMERICAL IMPROVEMENT PROGRAM AGREEMENT WITH BERTHA CERVANTES PADILLA, SURVIVING TRUSTEE OF THE PADILLA FAMILY REVOCABLE LIVING TRUST, EXECUTED JUNE 15, 2004, IN THE AMOUNT OF $95,000 TOWARD A CONSTRUCTION CONTRACT FOR A CDBG-FUNDED COMMERCIAL IMPROVEMENT PROJECT LOCATED AT 313 WEST CARSON STREET, CAMINO REALTY (CITY COUNCIL)
Body
I. SUMMARY
A Commercial Fa?ade Improvement Project is proposed for the property located at 313 West Carson Street (APN 7343-009-026), located within the Community Development Block Grant (CDBG) designated Slum and Blight area. The originally structure was constructed in 1914 and added to several decades later. The applicant, Bertha Cervantes Padilla doing business as Camino Realty, has been a long-time business owner in Carson as a Real Estate Professional. The Project will be funded primarily with CDBG funds in the amount of $95,000, along with the required 10% deposit made by the owner at application in the amount of $9,500.00. The balance of the funds will be deposited by the owner in the amount of $8,200.00 (total owner contribution of $17,700). The contract for the work is between the contractor and the Owner, with the CDBG funding 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 of Carson and Bertha Cervantes Padilla, Surviving Trustee of the Padilla Family Revocable Living Trust executed June 15, 2004, of Camino Realty ("Owner"), providing CDBG funding for a commercial fa?ade improvement project located at 313 West Carson Street in the amount of $95,000.00 and owner participation of private funds in the amount of $17,700 to complete the project.
2. AUTHORIZE the Mayor to execute the Agreement and all related documents in a form acceptable to the...
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