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RES-8813 HOME Investment Partnership Agreement No. M96MC060544RESOLUTION NO. 8813 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE APPROVING HOME INVESTMENT PARTNERSHIP AGREEMENT NO. M96MC060544 BY AND BETWEEN THE CITY OF ORANGE AND ORANGE HOUSING INVESTORS, L.P. IN CONNECTION WITH THE DEVELOPMENT OF THE HARMONY CREEK SENIOR APARTMENTS WHEREAS, the City of Orange, a California municipal corporation ("City") has received funds from the United States Department of Housing and Urban Development ("HUD") pursuant to the Federal Govemment's HOME Investment Partnerships Act, 42 U.S.c. S 12701, et seq. (the "HOME Program"); and WHEREAS, pursuant to the HOME Program and the implementing HOME Regulations, 24 CFR S 92. I, et seq., the City may provide financial assistance to qualified developers to develop and operate multi-family residential real property; and WHEREAS, the City desires to enter into Home Investment Partnership Agreement No. M96MC060544 (the "Agreement") with Orange Housing Investors, L.P.; and WHEREAS, under the Agreement the City will provide financial assistance to the Developer to develop the Harmony Creek Senior Apartments Project (the "Project") on certain real property located at 1616 East Rock Creek Drive in the City of Orange (the "Property"), and to assure the long-term affordability of a portion of the units in the Project to Very Low Income Senior Citizen Households and the long-term operation, management, and maintenance of the Property and the Project, all as more fully set forth in the Agreement; and WHEREAS, the City Council has duly considered all terms and conditions of the proposed Agreement and believes that the development and operation of the Project pursuant to the Agreement is in the best interests of the City and the health, safety, and welfare of its residents, and in accord with the public purposes and provisions of the HOME Program, and other applicable federal, state, and local requirements; and WHEREAS, the City Council has considered the report of City staff on the proposed Project to be carried out pursuant to the Agreement.NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Orange as follows:Section r. The City Council finds that the proposed Project will not have a significant impact on the environment or wildlife resources and that Negative Declaration No. 1428-93 and the Notice of Determination in connection therewith filed and posted on February 16, 1994 were prepared pursuant to the California Environmental Quality Act (CEQA) ( California Public Resources Code Section 21000 et seq.) and that all applicable requirements of the National Environmental Policy Act of 1969 associated with the Project have been satisfied.Reso. No. 8813 Section 2. The Agreement is hereby approved. The Mayor of the City is hereby authorized to execute the Agreement on behalf of the City. A copy of the Agreement when executed by the Mayor shall be placed on file in the office of the City Clerk. Section 3. The City Manager of the City is hereby authorized, on behalf of the City, to sign all other documents and issue warrants necessary and appropriate to carry out and implement the Agreement and to administer the City's obligations, responsibilities and duties to be performed under the Agreement and related documents. Section 4. The City Manager of the City is hereby further authorized to take all steps necessary to implement the Agreement and, to the extent necessary, during the implementation of the Agreement to make technical or minor changes to the Agreement after execution, as and if necessary,to properly implement and carry out said Agreement; provided however, said changes shall not substantively amend the Agreement or in any manner materially affect the rights and obligations of the City. ADOPTED this 9th day of September, 1997.1? S:UMDaniel R. Slater Mayor Pro Tern By: JOANNE COONTZ Mayor Joanne Coontz ATTEST: A- I2u rL(, <!d-/U'--Z City Clerk(jlfthe City of Orange I hereby certify that the foregoing Resolution No. 8778 was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the -2!!:!.. day of September, 1997, by the following vote: AYES:COUNCIL MEMBERS: MURPHY, SLATER, SPURGEON, ALVAREZ NOES:COUNCIL MEMBERS: NONE ABSENT:COUNCIL MEMBERS: COONTZ ABSTAIN:COUNCIL MEMBERS: NONE 4"~~~ City ClerUfthe City of Orange Reso. No. 8813 2 BZLlbjc/5/13/97