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HomeMy WebLinkAboutMINUTES - 08181987 - 1.46 TO: BOARD OF SUPERVISORS FROM: Harvey E. Bragdon ,�,rl�l.Jl lira Director of Community D to t CWLQ DATE: August 3, 1987 Co~' t SUBJECT: E1 Cerrito Royale Sen or Housing SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATIONS ;' As the Board of Supervisors, approve the form of Disposition and Development Agreement among the St. John' s Land Partnership, a California General Partnership; El Cerrito Royale, a California General Partnership; and the County of Contra Costa; and authorize the Chair and the Director of Community Development to execute said Agreement. BACKGROUND/REASONS FOR RECOMMENDATIONS Last fall, the Church of St John' s the Baptist in E1 Cerrito, the E1 Cerrito Redevelopment Agency, and the County requested proposals for the development of a senior housing project on Church and City owned lands. The property, a 1. 5 acre site, is located at 6510 Gladys Ave. , E1 Cerrito (map attached) . At the conclusion of the RFP process Goldrich & Kest was selected to develop a residential care facility for the elderly. In return for a seventy-five (75) year land lease for one dollar a year, the developer agreed to construct on the site an approximate 4,500 square foot community facility for St. John' s Church, and to reserve 30% of the units from 30 years at rents affordable to very low income senior citizens on .SSI (Supplemental Security Income) . Subject to further negotiation, an additional 100 of the units may also be reserved for very low income seniors. CONTINUED ON A7TACH14FNT: YES SIGNA RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATf6N Cr 11fRD COMMITTEE APPROVE OTHER SIGNATURE(S) : ACTION OF BOARD ON APPROVED AS RECOMMENDED JL OTHER x The Director of Community Services: is AUTHORIZED to execute the aforementioned agreement . VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. cc: Community Development ATTESTED �a County Administrator PHIL BA HELOR, CL OF Housing Authority THE BO OF SUPERVISORS Redevelopment Agency AND COUNTY ADMINISTRATOR BY , DEPUTY JK/mb la/srhousel.bos El Cerrito Royale Senior Housing Page 2 On July 27, 1987 the City Council approved a development application submitted by Goldrich & Kest for a 102 unit residential care facility, and the community center. In order to implement the project the St. John' s Land Partnership, a partnership of the City Redevelopment Agency and St. John' s the Baptist, desires to enter into a Disposition and Development Agreement (DDA) with El Cerrito Royale General Partnership (Goldrich & Kest) . The DDA outlines the roles and responsibilities of the various parties to the development. The County is designated as the public - agency financing the project through the issuance of tax exempt multi-family revenue bonds, and potentially, to obtain additional affordable units through the provision of supplemental financing from Community Development Block Grant (CDBG) funds. Because of the prospective role of the County, the St. John' s Land Partnership and the developer have requested that the County be a party to the Disposition and Development Agreement. FINANCIAL IMPACT None. The provision of tax exempt revenue bond financing and/or CDBG financing is subject to future discretionary action of the Board of Supervisors. me, Its limilMEN ' , 1 .112111MR. ,