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HomeMy WebLinkAboutCDC/2010-57 1 2 3 4 5 6 7 8 9 10 RESOLUTION NO. CDC/2010-57 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING AND AUTHORIZING THE ALLOCATION OF $1,600,000 OF LOW AND MODERATE INCOME HOUSING SET -ASIDE FUNDS TO MARY ERICKSON COMMUNITY HOUSING, INC. ("MECH") AND APPROVING AND AUTHORIZING THE INTERIM EXECUTIVE DIRECTOR OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO ("AGENCY") TO EXECUTE AMENDMENT NO.2 TO THE 2009 NEIGHBORHOOD STABILIZATION PROGRAM MASTER AGREEMENT BY AND BETWEEN THE AGENCY AND MECH WHEREAS, on July 20,2009, the Community Development Commission of the City of San Bernardino ("Commission") approved the 2009 Neighborhood Stabilization Program Developer 11 Master Agreement ("Master Agreement") between the Agency and the Mary Erickson Community 12 Housing, Inc., ("MECH"), through which MECH was charged to implement the Neighborhood 13 Stabilization Program ("NSP") activity known as the Housing Opportunities for Households at or 14 below 50% of AMI (the "Rehabilitation and Rental Program"); and 15 16 WHEREAS, on December 21, 2009, the Commission approved Amendment No. 1 to the Master Agreement between the Agency and MECH which allocated additional funds to MECH in 17 furtherance of the Rehabilitation and Rental Program; and 18 19 WHEREAS, the Agency now deems it desirable to enter into Amendment No.2 to the Master Agreement ("Amendment No.2") in the form as attached hereto as Exhibit "A" with MECH 20 to provide an additional $1,600,000 in Tax Increment Housing Set-Aside Funds ("Low and 21 Moderate Income Funds") for the purpose of acquiring, rehabilitating and operating identified 4- 22 plex, multi-family, residential properties within the City of San Bernardino ("City") in furtherance 23 of the Rehabilitation and Rental Program as defined in the Master Agreement; and 24 25 WHEREAS, the Agency is desirous of assisting MECH in implementing the Rehabilitation and Rental Program and has previously provided $2,620,000 in NSP funding and $2,000,000 in 26 27 28 Low and Moderate Income Funds in furtherance of MECH' s NSP efforts; and WHEREAS, MECH has obligated as of the effective date of this Resolution 95.3% of the 1 P:\Agendas\Resolutions\Resolutions\2010\11-01-10 :MECH Amendment No.2 CDC Reso.docx CDC/2010-57 1 aggregate funding provided by the Agency after having acquired ten (10) of twenty-five (25) 2 targeted properties as identified in the Master Agreement; and 3 WHEREAS, the expenditure rate for the Rehabilitation and Rental Program as described 4 above indicates that MECH will need additional funding in order to complete its assigned NSP 5 activities; and 6 WHEREAS, the Agency has determined that the execution of the Rehabilitation and Rental 7 Program pursuant to the Master Agreement and Amendment No.2 and the fulfillment generally of 8 the purposes of the Master Agreement are in the vital and best interests of the City and the Agency. 9 NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION OF THE 10 CITY OF SAN BERNARDINO DOES HEREBY RESOLVE, DETERMINE AND ORDER, AS 11 FOLLOWS: 12 Section 1. The facts set forth in the Recitals to this Resolution are accurate and correct in all 13 respects. 14 Section 2. The Commission hereby approves Amendment No.2 and hereby authorizes the 15 Interim Executive Director of the Agency to execute Amendment No.2 on behalf of the Agency 16 together with such technical and conforming changes as may be recommended by the Executive 17 Director, or Interim Executive Director, as applicable, of the Agency and approved by the Agency 18 Counsel. 19 Section 3. This Resolution shall take effect from and after its date of adoption by this 20 Commission. 21 / / / 22 / / I III 23 III 24 III 25 III 26 III 27 1// 28 / / / 2 P:\Agendas\Resolutions\Resolutions\2010\11-01-1O MECH Amendment NO.2 CDC ResQ,docx 1 2 3 4 5 6 7 8 CDC/2010-57 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING AND AUTHORIZING THE ALLOCATION OF $1,600,000 OF LOW AND MODERATE INCOME HOUSING SET -ASIDE FUNDS TO MARY ERICKSON COMMUNITY HOUSING, INC. ("MECH") AND APPROVING AND AUTHORIZING THE INTERIM EXECUTIVE DIRECTOR OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO ("AGENCY") TO EXECUTE AMENDMENT NO.2 TO THE 2009 NEIGHBORHOOD STABILIZATION PROGRAM MASTER AGREEMENT BY AND BETWEEN THE AGENCY AND MECH I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Community Development Commission of the City of San Bernardino at a meeting thereof, held on the 9 10 1st day of November ,2010, by the following vote to wit: Commission Members: 11 MARQUEZ 12 DES JARDINS 13 BRINKER 14 SHORETT 15 KELLEY 16 JOHNSON 17 MC CAMMACK 18 19 20 Ayes Nays Abstain Absent X X - X --X- X X X @ ---, k' ,/ c~/.. ... .~. ./ Secretary . 21 The foregoing Resolution is hereby approved this 1//7~ day of November 22 23 24 25 Approved as to Form: 26 27 By: 28 ,2010. ~erson Community Development Commission of the City of San Bernardino )\.. P:\Agendas\Resolutions\Resolutions\1010\1IwOl-lO MECH Amendment No.2 CDC Reso.docx 3 CDC/2010-57 1 2 3 4 5 6 7 8 9 10 11 12 EXHIBIT" A" Amendment No.2 to the 2009 Neighborhood Stabilization Program Master Agreement 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 4 P:\Agendas\Resolutions\Resolutions\2010\11-01-1O "MECH Amendment No.2 CDC ResQ,docx CDCj2010-57 AMENDMENT NO.2 TO THE NEIGHBORHOOD STABILIZATION PROGRAM DEVELOPER MASTER AGREEMENT BY AND BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO AND MARY ERICKSON COMMUNITY HOUSING, INC. This Amendment No.2 to the Neighborhood Stabilization Program Master Agreement (this "Amendment No.2") is entered into on November I, 201 0, by and between the Redevelopment Agency of the City of San Bernardino (the "Agency"), a public body, corporate and politic, and Mary Erickson Community Housing, Inc., a nonprofit corporation (the "Developer"), and is entered into in consideration of the facts set forth in the following Recital paragraphs: -RECITALS- A. The Developer and the Agency have previously entered into an agreement entitled "Neighborhood Stabilization Program Developer Master Agreement", dated as of July 20, 2009 (the "Master Agreement"), through which the Developer was charged to implement the Neighborhood Stabilization Program ("NSP") activity known as the Housing Opportunities for Households at or below 50% of AMI (the "Rehabilitation and Rental Program"). B. On December 21, 2009, the Community Development Commission of the City of San Bernardino (the "Commission") approved Amendment No.1 to the Master Agreement between the Agency and the Developer which allocated additional funds to the Developer in furtherance of the Rehabilitation and Rental Program. C. The Agency now deems it desirable to enter into Amendment No.2 to the Master Agreement ("Master Amendment No.2") with the Developer to provide an additional $1,600,000 in Tax Increment Housing Set-Aside Funds ("Low and Moderate Income Funds") for the purpose of acquiring, rehabilitating and operating identified 4-plex, multi-family, residential properties within the City in furtherance of the Rehabilitation and Rental Program as defined in the Master Agreement. D. The Agency is desirous of assisting the Developer in implementing the Rehabilitation and Rental Program and has previously provided $2,620,000 in NSP funding and $2,000,000 in Low and Moderate Income Funds in furtherance of the Developer's NSP efforts. E. The Developer has obligated as of the effective date of this Amendment No.2 ninety five percent (95%) of the aggregate funding provided by the Agency after having acquired ten (10) of twenty-five (25) targeted properties as identified in the Master Agreement. 1 P:\Agendas\Agenda Attachments\Agenda Attachments\Agrmts-Amend 2010\11-01-10 l\1ECH Amendment No.2 to Master Agreement - Funding Allocation.docx CDC/2010-57 F. The expenditure rate for the Rehabilitation and Rental Program as described above indicates that the Developer will need additional funding in order to complete its assigned NSP activities. G. The Agency has determined that the execution of the Rehabilitation and Rental Program pursuant to the Master Agreement and Master Amendment No.2 and the fulfillment generally of the purposes of the Master Agreement are in the vital and best interests of the City and the Agency. NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS AND CONDITIONS CONTAINED HEREIN, THE AGENCY AND THE DEVELOPER AGREE AS FOLLOWS: Section 1. References to the Master A2reement; Defined Terms. (a) Unless the context of the usage of a term or phrase in this Amendment No.2 may otherwise require, the meaning of words and phrases as contained in this Amendment No.2, which are indicated by an initially capitalized letter, shall be the same as set forth in the Master Agreement. (b) The information contained in the Recitals as set forth in this Amendment No.2 is true and correct in all respects. Section 2. Specific Amendments to the Master A2reement. (a) The Master Agreement is hereby amended by this Amendment No.2 in the manner as indicated in this Section 2 and which changes and amendments shall be effective from and after the date of approval of this Amendment No.2 by the Developer and the Agency and execution hereof by the parties. (b) Section 4.C. of the Master Agreement IS hereby amended by adding the following paragraph at the end of said Section: "If deemed necessary for the continuation of the Project, the Agency may, in its sole discretion, provide additional Low and Moderate Income Funds equal to $1,600,000 to the Developer pursuant to this Agreement." ( c) Section 13 of the Master Agreement is hereby amended by adding the following paragraphs at the end of said Section: Section 3 Requirements. Because the amount of this contract exceeds $100,000 and is funded partially with NSP funds, Developer and Agency agree to the following provisions: (i) The work to be performed under this contract is subject to the requirements of Section 3 of the Housing and Urban Development Act of 1968, as amended, 12 U.S.C. 17018 (Section 3). The purpose of Section 3 is to ensure that employment and other economic or HUD-assisted projects covered by Section 3 shall, to the greatest extent feasible, be directed to low-and very low-income person, particularly persons who are recipients of HUD assistance for housing. 2 P:\Agendas\Agenda Attachments\Agenda Attachments\Agrmts-Amend 2010\11-01.10 :MECH Amendment No 2 to Master Agreement - Funding Allocation.docx CDC/2010-57 (ii) The Agency and Contractor agree to comply with HUD's regulations in 24 CFR part 135, which implement Section 3. As evidenced by their execution of this contract, Agency and Contractor certify that they are under no contractual or other impediment that would prevent them from complying with the part 135 regulations. (iii) The Contractor agrees to send to each labor organization or representative of workers with which the contractor has a collective bargaining agreement or other understanding, if any, a notice advising the labor organization or workers' representative of the contractor's commitments under this Section 3 clause, and will post copies of the notice in conspicuous places at the work site where both employees and applicants for training and employment positions can see the notice. The notice shall describe the Section 3 preference, shall set forth minimum number and job titles subject to hire, availability of apprenticeship and training positions, the qualifications for each; and the name and location of the person(s) taking applications for each of the positions; and the anticipated date the work will begin. (iv) The Contractor aggress to include this Section 3 clause in every subcontract subject to compliance with regulations in 24 CFR part 135 (i.e. for over $100,000) and agrees to take appropriate action, as provided in an applicable provision of the subcontract or in this Section 3 clause, upon a finding that the subcontractor is in violation of the regulations in 24 CFR part 135. The Contractor will not subcontract with any subcontractor where the Contractor has notice or knowledge that the subcontractor has been found in violation of the regulations in 24 CFR part 135. (v) The Contractor will certify that any vacant employment positions, including training positions, that are filled (i) after the contractor is selected but before the contract is executed; and (ii) with persons other than those to whom the regulations of 24 CFR part 135 require employment opportunities to be directed, were not filled to circumvent the Contractor's obligations under 24 CFR part 135. (vi) Noncompliance with HUD's regulations in 24 CFR part 135 may result in sanctions, termination of this contract for default, and debarment or suspension from future HUD assisted contracts. Section 3. Effect of Amendment No.2. Except as modified or amended by this Amendment No.2, all of the provisions of the Master Agreement shall remain in full force and effect following the effective date of this Amendment No.2. III III III III III III III 3 P:\Agendas\Agenda Attachments\Agenda Attachments\Agrmts-Amend 2010\ 11-0 1-1 0 MECH Amendment NO.2 to Master Agreement - Funding Allocation.docx CDC/2010-57 IN WITNESS WHEREOF, the parties hereto have accepted and made and executed this Amendment No.2 upon the terms and conditions and with the provisions as set forth above and as of the date first written above. AGENCY Redevelopment Agency of the City of San Bernardino, a public body, corporate and politic Date: II !it/WIld ~.,.--\.. ~......~ By: <:to . Emil A. Marzullo, Interim Executive Director Approved as to Form and Legal Content: ..., "'/l/i' By: C',. (pO 1.( it. '-1 i!Cl:.3 (,1vL Agency Counsel' v DEVELOPER Mary Erickson Community Housing, Inc., a California nonprofit public benefit corporation Date: 'ilsj\~ By: b1tM1 /11M Title: E~r>( 0t)\JQ, IJ,'rC?L hi 4 P:\Agendas\Agenda Attachments\Agenda Attachments\Agrmts~Amend 2010\11-01-10 :MECH Amendment NO.2 to Master Agreement - Funding Allocation.docx