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Home My WebLink AboutMINUTES - 01191999 - C119 TO: BOARD OF SUPERVISORS .`',� Contra ' Costa FROM: Phil Batchelor � .�J County Administrator •.r DATE: January 19, 1999 SUBJECT: Approve Extension of Time to Develop Residential Property in the Bay Point Redevelopment Project Area for Low and Moderate Income Housing SPECIFIC REQUEST(S)OR RECOMMENDATIONS(S)&BACKGROUND AND JUSTIFICATION RECO,MMENDATI( NS ADOPT Resolution to(1)extend for five years the period during which the Redevelopment Agency may retain certain real property located in the Bay Point Redevelopment Project Area; and (2) reaffirm the intention of the Board of Supervisors that the property be used for the development of affordable housing for low- and moderate-income families. FISCAL IMPACT None to the General Fund. BA K F -RF-,COMMENDA-XIQN In December 1993, the Redevelopment Agency acquired residential property in the Bay Point Redevelopment Project Area. The property was acquired by the Agency as part of a Settlement Agreement between the Agency, Westamerica Bank and D & M Development, Co. The Agency and Westamerica Bank had been construction lenders for a ten-unit, affordable condominium development proposed by D & M Development, Co. The Developer defaulted on the construction loan. Because Agency funds had been disbursed for property acquisition., the property was conveyed to the Redevelopment Agency. CONTINUED ON ATTACHMENT: XX,YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR MMENDATI N OF BOARD MMITTEE APPROVE OTHER 17 SIGNATURE(S)' ACTION OF AGENCY ON January 19, 1999 APPROVED AS RECOMMENDED XML OTHER, VOTE OF COMMISSIONERS 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 REDEVELOPMENT AGENCY ON THE DATE SHOWN. Contact: Lourdes P. Chang 925/335-1252 ATTESTED January 19, 1:999 cc: Community Development PHIL BATCHELOR, Redevelopment Agency AGENCY SECRETARY County Counsel County Administrator Auditor-Controller J B �.��G 11., ,DEPUTY California Redevelopment Law(Health and Safety Code Section 33334.16) requires that for property acquired using moneys from the Low and Moderate Income Housing Fund, the Agency must initiate activities related to development within five years from the date it first acquires the property. If the activities have not been initiated,the legislative body may extend the period during which the Agency may retain the property for one additional period not to exceed five years. The resolution of extension shall affirm the intention of the Board of Supervisors that the property be used for the development of low-to moderate-income housing. Since the property is within the boundaries of the Bay Point/Pittsburg BART Station Specific Plan, the Agency has postponed doing substantive work until the Specific Plan is adopted. Adoption of the Specific Plan is expected to occur in 1999. Development of said property would occur within the next five years. Staff' is therefore recommending that the Board of Supervisors adopt the resolution to extend by five years the period that the Agency may retain the property for the development of housing affordable to low- and moderate-income households, LPC:LPC c:\baypoint\housing\anchor.cve ,�Jt� .........I.................................................................................................I......................................... .................................................................. RESOLUTION NO. 99/19 A RESOLUTION OF THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY PURSUANT TO HEALTH AND SAFETY CODE SECTION 33334.16 APPROVING AN EXTENSION OF TIME TO DEVELOP PROPERTY WITHIN THE BAY POINT REDEVELOPMENT PROJECT AREA FOR LOW AND MODERATE INCOME HOUSING WHEREAS,the Board of Supervisors(the "Board") of the County of Contra Costa(the "County")has adopted the West Pittsburg/Bay Point Redevelopment Plan by Ordinance No. 87- 102 on December 29, 1987, (the "Redevelopment Plan"). The Redevelopment Plan sets forth a plan for redevelopment of the Bay Point Redevelopment Project Area(the "Project Area"); and WHEREAS,the Redevelopment.Agency of the County of Contra Costa(the"Agency") is responsible for administering the Redevelopment Plan to cause redevelopment of the Project Area, including assembly, site preparation and redisposition of property within the Project Area for private redevelopment consistent with the Redevelopment Plan; and WHEREAS, the Agency is the owner of certain real property located in the Project Area on Bailey Road,more particularly described in the attached Exhibit A(the"Property"); and WHEREAS,pursuant to Health and *Safety Code Section 33334.2, the Agency set aside a portion of the tax increment revenue that it received, in the Agency's Low and Moderate-Income Housing Fund (the"Housing Fund") for the purpose of increasing, improving, and preserving the County's supply of low and moderate income housing; and WHEREAS, the Agency initially conveyed the Property to a developer to construct low and moderate income housing on the Property, and also provided a construction loan to the developer out of the Housing Fund; and WHEREAS, the Property was deeded back to the Agency when the developer failed to perform its obligations; and WHEREAS, for the past five years the Agency has been unable to develop the Property due to the fact that the Property is a small parcel with limited access and assemblage with other parcels has been difficult because of the existence of an aqueduct that intersects the area, and further, since the Property is within the boundaries of the Bay Point/Pittsbug BART Station Specific Plan, the Agency has been unable to do any substantive development work until that plan has been completed and adopted; and WHEREAS,pursuant to Health and Safety Code Section 33334.16 the Board may by resolution extend the period for which the Agency may retain the Property by another five years; and 320\071916664.1 Resolution 99/19 ........................................................................................................................I............................... ..................................................................... WHEREAS,the Agency has requested that the Board pass such a resolution since five years have passed since the Agency acquired the Property; and WHEREAS, the Agency intends within the extended five year period to develop on the Property affordable housing for low and moderate income families. NOW, THEREFORE, IT IS HEREBY RESOLVED as follows: Section 1. Pursuant to Health and Safety Code Section 33334.16, the period during which the Agency may retain the Property is extended for five years from the passage and approval of this Resolution. Section 2. The Board hereby affirms that the Property shall be used for the development of affordable housing for low and moderate income families and persons. Section 3. This Resolution shall take immediate effect from and after its passage and approval. 320\07\116664.1 page 2 Resolution 99119 .f F THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY,CALIFORNIA Adopted this Resolution on .ra,Uary 19_. 1999 ,by the following vote: AYES: SUPERVISORS GIOIA, UILKEMA, GERBER, DeSAULNIER and CANCIAMILLA NOES: NONE ABSENT: NONE ABSTAIN: NONE Resolution No.: _' 99/19 I hereby certify that this is a true and Correct COPY of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: January, 19, 199-9-.- PHIL 999PHIL BATCHELOR,Clerk of the Board of Sup ry ors and County Administrator B u' ,Deputy 320\071116664.1 page 3 Resolution 99/19 s�7 .:.... xs N At** -:. • � ttwt "` I 2 "•• ". .� `` tft f w ^ �r ! k v •.s: � Lam+ �' �"� + #/ 0)M 0 0 a r• a. s•fw r. Mims Q fro o f 0 cp o: w (. y►O p C rn +taF► or . < i FF i,i f m ..i n � i ii. •0 4 ; ` a"L'i • O kt i • m Mf �a+wf'Mi� f t4 t � i (Y7 l i L i 7E Lp CL CD V � w co ve € CONTRA COSTA CANAL I A � i� too CIO � �� U�t.0 YCggy f�lAe7 ( ucr t+�acY CM i y� tAYp tq U.6.A f.d1w,•, E STATE HIGHWAY Attachrent to Resolution 99/19 ......................I................................................... Page I Escrow No. 75216-1 -HE LEGAL DESCRIPTION EXHIBIT LOT 1, SUBDIVISION 7639, FILED APRIL 28, 2993, MAP BOOK 365, PAGE 39 AND 40, CONTRA COSTA COUNTY RECORDS. Ld Gh ,*Q ;M. DEEDLEGL-03/09/93-ft Attaclnent to Resolution 99/19