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HomeMy WebLinkAbout2019-177Resolution No. 2019-177 RESOLUTION NO. 2019-177 RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, COMMITTING UP TO $1,500,000 IN NSP1 FUNDS; $830,000 IN HOME INVESTMENT PARTNERSHIPS PROGRAM FUNDS; AND $179,723 IN CDBG FUNDS TO CONSTRUCT 184 MULTI- FAMII.Y HOUSING UNITS; AND AUTHORIZING THE CITY MANAGER OR DESIGNEE, UPON CONSULTATION WITH CITY ATTORNEY, TO TAKE ANY FURTHER ACTION AND EXECUTE CERTAIN AGREEMENTS AND DOCUMENTS AS NECESSARY TO EFFECTUATE THE -COMMITMENT OF FUNDS WHEREAS, on December 20, 2017 the Mayor and City Council of the City of San Bernardino, California, approved a Conditional Use Permit and Revised Subdivision to allow the development, establishment and operation of the Arrowhead Grove project comprised of 411 residential units, approximately 194,200 square feet of commercial/mixed uses, two (2) private community centers, one (1) public community center, and two (2) detention basins, on a site comprised of four (4) parcels containing approximately 39.36 acres (the "Project"); and WHEREAS, on January 3, 2018 in Resolution No. 2018-6 the Mayor and City Council of the City of San Bernardino, resolved to provide $1,500,000 in NSP funds for the Project and $179,723 of future CDBG funds upon the Developer successfully securing all funding source for the project; and WHEREAS, the Developer submitted an application for State of California Affordable Housing and Sustainable Communities (AHSC) funding on January 16, 2018 and on June 28, 2018 the Strategic Growth Council awarded the Developer $20 million in AHSC program funds for the Project; and WHEREAS, the California Tax Credit Allocation Committee (TCAC) administers the federal and state Low -Income Housing Tax Credits (LIHTC) Allocation, and awarded the Developer an allocation for tax credits that will provide $25 million in equity for the project; and WHEREAS, the Developer has secured conventional financing commitments, County and Housing Authority funds for the project; and WHEREAS, the Project is in need of additional funds; and WHEREAS, the City of San Bernardino has $830,000 in HOME funds which could not be spent during the three years that the City was part of the County HOME consortium; and WHEREAS, the HOME funds are from years prior to 2014 HUD will deobligate the funds unless the City expends them by September 30, 2019. Resolution No. 2019-177 BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The above recitals are true and correct and are incorporated herein by this reference. SECTION 2. The City is committing $1,500,000 in NSP1 funds and $179,723 in CDBG funds for the development of the Project. SECTION 3. The City is committing $830,000 in HOME funds for the development of the Project. SECTION 4. The City Manager, or designee, is authorized, upon consultation with City Attorney, to take all further action and execute certain agreements and documents as necessary to effectuate the commits of funds for the development of the Project. SECTION 5. The City has prepared a Mitigated Negative Declaration under the California Environmental Quality Action ("CEQA") requirements, pursuant to 14 CCR Section 15070. SECTION 6. In accordance with the National Environmental Policy Act of 1969, as amended CNEPA"), the City has completed and approved all applicable environmental review for the activities proposed to be undertaken and has issued a Finding of No Significant Impact. SECTION 7. Severability. If any provision of this Resolution or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications, and to this end the provisions of this Resolution are declared to be severable. SECTION 8. Effective Date. This Resolution shall becyi a effective immediately. APPROVED and ADOPTED by 5EE7 the Mayor and attested by the City Clerk this 7 b day of A� st 20 Mn o Attest: Georgeann nna, MMC, City Clerk Approved as to form: Gary D. Saenz, City Attorney Resolution No. 2019-177 CERTIFICATION STATE OF CALIFORNIA) COUNTY OF SAN BERNARDINO) ss CITY OF SAN BERNARDINO) I, Georgeann Hanna, MMC, City Clerk, hereby certify that the attached is a true copy of Resolution No. 2019-177 adopted at a regular meeting held on the 7th day of Au ust 2019 by the following vote: Council Members: SANCHEZ MARRA FIGUEROA SHORETT NICKEL RICHARD MULVIHILL AYES NAYS ABSTAIN ABSENT X WITNESS my hand and official seal of the City of San Bernardino this 7th day of August 2019. ' R in Georgeaann Wza , MC; City Clerk --_j