HomeMy WebLinkAbout1997-110
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RESOLUTION NO.
97-110
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RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY
OF SAN BERNARDINO, CALIFORNIA, APPROVING THE TRANSFER
OF THE RANCHO MERIDIAN MOBILEHOME PARK FROM THE
REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO TO
THE RANCHO MERIDIAN MOBILEHOME PARK CORPORATION
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WHEREAS, the City of San Bernardino is a municipal
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corporation and charter city (the "City"), duly organized and
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existing under and pursuant to the provisions of the Constitution
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of the State of California; and
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WHEREAS, the Redevelopment Agency of the City of San
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Bernardino (the "Agency") is a public body, corporate and
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politic, duly created and existing pursuant to the Community
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Redevelopment Law (Part 1 of Division 24, commencing with Section
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33000) of the Health and Safety Code of the State of California
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(the "Community Redevelopment Law"); and
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WHEREAS, the Agency has established the Mobilehome Park
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Conversion
Program
(the "Program")
in order to promote
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redevelopment within the City by converting ownership of
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privately owned mobilehome parks within the City to ownership by
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nonprofit corporations in order to increase the availability of
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low- and moderate-income housing; and
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WHEREAS, in accordance with the Program, the Agency
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acquired a mobilehome park located at 2886 West Mill Street, San
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Bernardino, California, commonly known as the Rancho Meridian
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Mobilehome Park (the "Park") on March 20, 1998, with: (i) Agency
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funds; (ii) proceeds of duly approved bond issuances of the San
Bernardino Joint Powers Financing Authority ("Bonds"); and (iii)
issuance of a seller take-back note (the "Note") and; (iv)
certain grants of funds received pursuant to the federally funded
HOME Investment Partnerships Program, 24 CFR Part 92 ("HOME
Funds"); and
WHEREAS, the Agency now desires to sell the Park to
the Rancho Meridian Mobilehome Park Corporation, a California
nonprofit corporation and qualified 501 (c) (3) corporation (the
"Corporation"), in accordance with the Program at an estimated
sale price of Five Million One Hundred and Fifty Thousand Dollars
($5,150,000.00); and
WHEREAS, the contemplated conveyance of the Park by the
Agency to the Corporation has been proposed at a sale price of
approximately Five Million One Hundred and Fifty Thousand Dollars
($5,150,000.00) which has been calculated based upon a formula
of: (i) Bond debt assumed; plus (ii) seller's take-back note
assumed; plus (iii) Agency unreimbursed expenses; plus (iv)
unpaid Mobilehome Park Conversion Consultant fees; and
WHEREAS, the Mayor and Common Council have duly noticed
and conducted a public hearing in accordance with the
requirements of Health and Safety Code Section 33431 regarding
the sale of the Park to the Corporation; and
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WHEREAS, the Mayor and Common Council have considered
the terms of the transaction as contemplated herein and, in the
public interests of the City, desire at this time to approve the
terms of said transaction and related documents necessary
therefor.
NOW, THEREFORE, THE MAYOR AND COMMON COUNCIL OF THE
CITY OF SAN BERNARDINO, CALIFORNIA, DO HEREBY RESOLVE, DETERMINE
AND ORDER AS FOLLOWS:
SECTION 1.
Recitals. The Recitals contained herein
are true and correct and are incorporated herein by this
reference.
SECTION 2. Determinations. The Mayor and Common
Council hereby find and determine that the transfer of legal
title of the Park to the Corporation will result in significant
public benefits, by enabling the Agency to increase the
availability of low- and moderate-income housing within the City.
SECTION 3. Public Hearing. Testimony and Comments.
The City has held a public hearing in accordance with the
provisions of Health and Safety Code Section 33431, and has
considered all testimony and comments submitted in connection
with the transfer of title to the Corporation.
SECTION 4. ADDroval of Sale. The Mayor and Common
Council, after consideration of comments received at the public
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hearing, hereby authorize and approve the sale of the Park to the
Corporation in furtherance of the Agency's Program for the
purpose of increasing low- and moderate-income housing within the
City at an estimated sale price of Five Million One Hundred and
Fifty Thousand Dollars ($5,150,000.00) which has been calculated
based upon a formula of: (i) Bond debt assumed; plus (ii) seller
take-back financing assumed; plus (iii) Agency unreimbursed
expenses; plus (iv) unpaid Mobilehome Park Conversion Consultant
fees. Payment of the above sum is based upon final determination
and assumption by the Corporation of the existing bond
indebtedness, reimbursed expenses and other obligations as set
forth above.
SECTION 5. Official Action. The Mayor and Common
Council, City Administrator, City Treasurer, City Clerk, and any
and all other officers of the City are hereby authorized and
directed, for and in the name and on behalf of the City, to do
any and all things and to take any and all actions, including
execution and delivery of any and all assignments, certificates,
requisitions, agreements, notices, consents, warrants and other
documents which they, or any of them, may deem necessary or
advisable in connection with the transfer of legal title of the
Park from the Agency to the Corporation.
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RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF
SAN BERNARDINO, CALIFORNIA, APPROVING THE TRANSFER OF THE
RANCHO MERIDIAN MOBILEHOME PARK FROM THE REDEVELOPMENT
AGENCY OF THE CITY OF SAN BERNARDINO TO THE RANCHO MERIDIAN
MOBILEHOME PARK CORPORATION
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SECTION 6.
Effective Date.
The findings and
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determinations herein shall be final and conclusive.
This
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Resolution shall take effect upon the date of its adoption.
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I HEREBY CERTIFY that the foregoing Resolution was duly
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adopted by the Mayor and Common Council of the City of
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San Bernardino at a meeting thereof, held on the
day of
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April, 1997, by the following vote, to wit:
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Council Members:
NEGRETE
CURLIN
ARIAS
OBERHELMAN
DEVLIN
ANDERSON
MILLER
AYES
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NAYS
ABSTAIN
ABSENT
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x
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The foregoing
day of April, 1997.
Krukl CJa,J0
res~:L~~~~~~r~W;hiS
~~~
ayor of the City of
San Bernardino
J~
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By:
and legal content:
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Approved
JAMES
City
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SBEO\0124\RANMED\20B
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,CITY OF SAN BERNARDINO
INTEROFFICE MEMORANDUM
CITY CLERK'S OFFICE
TO:
FROM:
Tim Sabo, Special Legal Counsel
Economic Development Agency
Sandra Medi!lcrministrative Operations Supervisor II
SUBJECT:
Resolutions adopted April 21, 1997 regarding Granada Hills
Community Hospital Project and Rancho Meridian Mobile Home
Park
DATE:
January 5, 1999
On April 21, 1997, resolutions regarding the Rancho Meridian Mobile Home Park
and Granada Hills Community Hills Project were adopted. The resolution
numbers were inadvertently switched, and are therefore incorrect.
Attached for your files are corrected copies of both resolutions. Please replace
the previously distributed copies with the corrected copies.
If you have any questions, please call me at (909) 384-5102. Thank you for your
prompt attention to this matter.
Attachments:
Resolution No, JCA-3, Granada Hills Community Hospital Project
Resolution No, 97-110, Rancho Meridian Mobile Home Park
CITY OF SAN BERNARDINO
INTEROFFICE MEMORANDUM
CITY CLERK'S OFFICE
TO:
Gary Van Osdel, Executive Director
Economic Dev~~m~nt Agency
Sandra Medin~nistrative Operations Supervisor II
FROM:
SUBJECT:
Resolutions adopted April 21, 1997 regarding Granada Hills
Community Hospital Project and Rancho Meridian Mobile Home
Park
DATE:
January 5, 1999
On April 21, 1997, resolutions regarding the Rancho Meridian Mobile Home Park
and Granada Hills Community Hills Project were adopted, The resolution
numbers were inadvertently switched, and are therefore incorrect.
Attached for your files are corrected copies of both resolutions. Please replace
the previously distributed copies with the corrected copies.
If you have any questions, please call me at extension 5102, Thank you for your
prompt attention to this matter.
Attachments:
Resolution No. JCA-3, Granada Hills Community Hospital Project
Resolution No, 97-110, Rancho Meridian Mobile Home Park