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HomeMy WebLinkAboutResolution No. OB-08-12RESOLUTION NO. OB -08-12 A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY TO THE AZUSA REDEVELOPMENT AGENCY DIRECTING AND CONFIRMING THE TRANSFER OF HOUSING ASSETS AND FUNCTIONS TO THE LOS ANGELES COUNTY HOUSING AUTHORITY WHEREAS, pursuant to Health and Safety Code section 34173(d), the City of Azusa ("Successor Agency") is the successor agency to the Azusa Redevelopment Agency ("Agency"), confirmed by Resolution No. 12-R28, adopted on January 16, 2012; and WHEREAS, pursuant to Health and Safety Code section 34176, the City of Azusa, as the entity that authorized the creation of the Agency, elected not to retain the housing assets and functions previously performed by the Agency, and instead elected to transfer all rights, powers, assets, liabilities, duties and obligations associated with the housing activities of the Agency, excluding any amounts on deposit in the Low and Moderate Income Housing Fund, to the Los Angeles County Housing Authority ("Authority"), as provided in Resolution No. 12-C7 adopted on January 23, 2012; and WHEREAS, pursuant to Health and Safety Code section 34177(g), the Successor Agency is required to effectuate the transfer of housing functions and assets to the appropriate entity designated pursuant to Health and Safety Code section 34176; and WHEREAS, a list of all Agency housing assets recommended to be transferred by the RDA Successor Agency to the Authority is attached to this Resolution as Exhibit A; and WHEREAS, pursuant to Health and Safety Code section 34181(c), the Successor Agency's oversight board ("Oversight Board") is to direct the Successor Agency to transfer housing responsibilities and all rights, powers, duties and obligations to the appropriate entity pursuant to Health and Safety Code section 34176; NOW, THEREFORE, THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY TO THE AZUSA REDEVELOPMENT AGENCY, DOES HEREBY RESOLVE AS FOLLOWS: Section 1. Recitals. The Recitals set forth above are true and correct and are incorporated into this Resolution by this reference. Section 2. CEOA Compliance. The recommendation to transfer housing assets and functions and encumbered Housing Fund monies through this Resolution does not commit the Successor Agency to any action that may have a significant effect on the environment. As a result, such action does not constitute a project subject to the requirements of the California Environmental Quality Act. The City Clerk, acting on behalf of the Successor Agency, is authorized and directed to file a Notice of Exemption with the appropriate official of the County of Los Angeles, California, within five (5) days following the date of adoption of this Resolution. W:\Oversight Board\OB Reso transferring housing assets and functions 7-26-12. DOC Section 3. Designation and Transfer of Housing Assets and Functions: The Oversight Board hereby directs and confirms the transfer of the designated assets set forth in Exhibit A attached to this Resolution as the housing assets of the Agency to be transferred to the Authority, along with the transfer of all rights, powers, liabilities, duties and obligations associated with the housing activities of the Agency, to the Authority pursuant to Health and Safety Code sections 34176, 34177 and 34181. Section 4. Implementation. The City Manager, acting on behalf of the Successor Agency, is hereby authorized and directed to take any action necessary to carry out the purposes of this Resolution and comply with applicable law. Section 5. Severability. If any provision of this Resolution or the application of any such provision to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of this Resolution that can be given effect without the invalid provision or application, and to this end the provisions of this Resolution are severable. The Oversight Board declares that the Oversight Board would have adopted this Resolution irrespective of the invalidity of any particular portion of this Resolution. Section 6. Certification. The City Clerk, acting on behalf of the Oversight Board, shall certify to the adoption of this Resolution. Section 7. Effective Date. This Resolution shall become effective five days after submission to the Department of Finance provided the Department of Finance does not exercise its right under Health and Safety Code Section 34181 to challenge this action by the Oversight Board. APPROVED AND ADOPTED THIS 26th day of July, 2012. Chair Oversight Board Successor Agency to the Former Redevelopment Agency of the City of Azusa ATTEST: A,Isisiant City Clerk Oversight Board Successor Agency to the Former Redevelopment Agency of the City of Azusa W:\Oversight Board*li Reso transferring housing assets and functions 7-26-12.DOC I, HEREBY CERTIFY that the foregoing Resolution No. OB -08-12 was duly adopted by the Board Members of the Oversight Board of the City of Azusa at a regular meeting thereof on the 26th day of July 2012, by the following vote of Board Members: AYES: BOARD MEMBERS: GONZALES, FRICK, LOWE, PARAGAS, ROMERO NOES: BOARD MEMBERS: NONE ABSENT: BOARD MEMBERS: ENGLUND, WOODS LW v✓�jiy� Ass stant City Clerk Ov rsight Board Successor Agency to the Former Redevelopment Agency of the City of Azusa F:1W. Reso OM8-12 transferring housing assets and functions 7-26-12. DOC Exhibit A REVISED AZUSA HOUSING ASSETS Atlantis Gardens Property 630 N Glenfinnan Ave. 8612-001-911 641 N Glenfinnan Ave. 8612-001-905 629 N Glenfinnan Ave. 8612-001-014 633 N Glenfinnan Ave. 8612-001-915 606 N Glenfinnan Ave. 8612-001-063 627 N. Cedarglen Dr. 8612-001-066 601 N. Cedarglen Dr. 8612-001-052 628 N. Cedarglen Dr. 8612-001-908 615 N. Cedarglen Dr. 8612-001-064 616 N. Cedarglen Dr. 8612-001-032 630 N. Cedarglen Dr. 8612-001-910 627 E Lime Ave. 8612-001-909 611 E Lime Ave. 8612-001-913 645 E Lime Ave. 8612-001-914 600 E. 6`h St. 8612-001-906 610 E. 6`h St. 8612-001-912 630 E. 6`h St. 8612-001-020 670 N. 6th St. 8612-001-024 First Time Homebuver/Silent Second Program Loans Affordable Housing Agreements See attached sheet First Time Homebuyers 337 W. Hermitage Court Lorraine Dominguez APN 8617-014-141 416 N. Virginia Avenue Ryan McMillin APNT 8616-013-018 334 W. Foothill Blvd. Eduardo & Heather Sierra APN 8616-005-003 226 W. 12t' Street Veronica Aguirre APN 8617-015-030 439 S. Orange Avenue Carmen M. Gavina APN 8614-024-022 360 E. 1s` Street Rafael C. Aguilar APN 8611-036-001 536 E. 6w Street Donna Camarena APN 8612-004-016 First Time Homebuyer/Silent Second Foothill Village (Remainine in Program 713 Angeleno Ave. Charlie Cai/Ruifang Fu 230 Plum Tree Drive Jesus A.& Carmen Sila 228 Oakview Drive Lily Y. Ong 317 Oakview Drive Shawn M. Millner 201 Oakview Drive 225 Oakview Drive 209 Oakview Drive 229 Oakview Drive 221 Oakview Drive 705 Sunset Ave. Catherine S. Sandoval Luis & Flor De Maria Aguirre Frank & Stanley Schwenden Ismael Hernandez/Daysi Cortez Helen (Rexroat) Enriquez Eliseo & Anna Marie Spinella Bowden (Remaining in Program) 605 N. Alameda Ave. Nilo & Carmen Imperial 609 N. Alameda Ave. Limbany & Marilyn Navarra Heritage (Remaining in Program) 622 Heritage Ct Emeline Nabong 645 Heritage Ct. Jose Soto 632 Heritage Ct. Danny & Adriane Picazo Affordable Rental Covenants City of Azusa Azusa Gardens Azusa Villas Senior Apartments Azusa Villas Senior Apartments Crestview (Pacific Glen) La Paloma (Iris Gardens) 1-19-87 40 year Covenant 23 Units Low/Mod 4-19-93 30 year Covenant 29 Units Very Low 1-25-01 30 year Covenant 80 Units Low/Mod 1-1-85 30 year Covenant 64 Units Very Low 1-7-98 30 year Covenant 120 Units Very Low APPENDIX A SUMMARY OF AFFORDABILITY PROJECTBY rr• Project Name Owner/ Rental Agreement Date Length of Number of Very-Low Covenants Income Units Number Low/Moderara te Income Units t't Azusa Gardens Rental January 19, 1987 40-Yrs 23 Azusa Villas Senior Apartments Rental Aril 19, 1993 30-Yrs 29 Azusa Villas Senior Apartments Rental January 25, 2001 30-Yrs 80 Bowden — 6 & Alameda Owner February 8, 1994 30-Yrs 3 Crestview Pacific Glen Rental Januar 1, 1985 30-Yrs 64 Foothill Villages Owner June 30, 1993 30-Yrs 13 Heritage Owner June 7, 1994 30-Yrs 10 La Paloma Iris Gardens Rental December 7, 1998 30-Yrs 120 Down Payment Assistance Program Owner Various 45-Yrs 7 Total Covenants 213 136 The total Low/Moderate Income covenants shown for Owner-occu led units are net of any covenants lost to home sales, bankru tcies or loan payoffs. The 23 covenants were designated as replacement housing for various Agency rojects and are therefore not credited against inclusionary housing requirements. The original 30 covenants resulted from an Agency agreement to fund certain off-site improvements for the project. The 80 units of Law/Moderate Income were a condition of a federal mulli-familyhousing bond. Original developer agreements. Subsequent Affordable Housing Agreements and covenants were executed with individual owners.