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HomeMy WebLinkAboutMINUTES - 10022001 - C.13 1 Ti-i, I i' HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA /TO: BOARD OF COMMISSIONERS FROM: Robert McEwan, Executive Director DATE: October 9, 2001 SUBJECT: ADOPT RESOLUTION NO. 5011 AUTHORIZING THE HOUSING AUTHORITY OF THE COUNTY OF CONTRA COSTA TO SUPPORT THE FORMATION OF A NONPROFIT HOUSING DEVELOPMENT CORPORATION TO DEVELOP AFFORDABLE HOUSING WITHIN THE COUNTY, APPLICATION TO HUD FOR DISPOSITION OF EXISTING HOUSING UNITS AND RESOLUTION OF INTENT FOR THE FUTURE ISSUANCE OF TAX-EXEMPT OBLIGATIONS SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION I. RECOMMENDED ACTION: ADOPT Resolution 5011 authorizing the Housing Authority of the County of Contra Costa to support the formation of a nonprofit housing development corporation to enable the development of affordable housing within the County, application to the U.S. Department of Housing and Urban Development for disposition of existing housing at the Los Medanos Pueblo Development (CA 11002) property site, and Resolution of Intent to participate in tax-exempt borrowing. II. FINANCIAL IMPACT: None. Funding for this work is included in the Agency-Wide Budget adopted April 24, 2001. III. REASONS FOR RECOMMENDATION/BACKGROUND Los Medanos Pueblo public housing in Bay Point was built in 1942 and is obsolete, deteriorating, and under-utilizes the site for affordable housing purposes. Replacement with an increase of affordable workforce housing is contemplated using a nonprofit corporation as the developer. The reason for the resolution of intent for tax-exempt borrowing is to provide for inclusion of current expenses should the project proceed on schedule. It is not the intent to incur any tax-exempt borrowing at this time. The Housing Authority's Los Medanos Pueblo public housing in Bay Point is a appropriate site for additional affordable housing for low and moderate-income families. Currently, the 14-acre site has eighty-six, 1 to 4 bedroom apartments built in 1942. As shown in the Strategic Plan component reviewed by the Advisory Housing Commission in March 2001, these apartments have obsolete floor plans, are worn out, energy inefficient, lack the amenities to attract mixed-income tenants, use the land inefficiently, require excessive and costly maintenance, and as a result, have a limited useful life. Modernization costs for the existing units could exceed the cost of new construction and provide no additional housing units. CONTINUED ON ATTACHMENT: YES SIGNATURE RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON October 9 , 2001 APPROVED AS RECOMMENDED XX OTHER VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A X UNANIMOUS (ABSENT None ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. ATTESTED October 9 . 2001 JOHN SWEETEN,CLERK OF THE BOARD OF COMMISSIONERS AND COUNTY ADMINISTRATOR 1 B EPUTY \\HOUSAUTH_I\USEIZ\itldyhmtz\MSOFFICf\WINWORD\BOARD\Dc Anza Gdns Board Order.doc V its September 17, 2001 regular meeting, the Advisory Housing Commission recommended the ;teps herein requested be taken by staff and that their recommendation be forwarded to the Board of ;ommissioners. V. CONSEQUENCES OF NEGATIVE ACTION: Should the Board of Commissioners elect not to adopt Resolution No. 5011 approving the formation of a nonprofit corporation and feasibility work for additional affordable housing, the Housing Authority will not be able to plan replacement of obsolete and deteriorating housing at the Los Medanos Pueblo site in Bay Point. \\HOUSAUTH_1\USER\judyhrotz\MSOFFICE\WINWORD\BOARD\De Anza Gdns Board Order.docbo-ins Zqutreu-tecs-tu-Uc-palu-tU-u►e-puonc-agencles-nstea-aDove. - — -- — IOUSAUTII_1\USER\judyhmtr.MSOFFICE\WINWORD\BOARD\Dc Anza Gardens Resolution.doc AND COUNTY ADMINISTRATOR t BY I SAUTH_I\USI:R\judvhmtz\MSOFFICE\WINWORD\BOARD\De Anza Gardens Rcsolution.doc ,- �, I I ,; �� iti - -- �-- -- -- ---- -- - - �, I � p ' II � I I I I i II �I I I I v �' � b �I I II I I �I I I it I 1 III'I I I I II _ _ .. __ ��_.__.. ___.._ ._. —__.. _ ._-- �I I I � � II ' ISI III II I I I, I ' 1 I I I I I � I II' III I I I III i i II I;I� l I ` � 1!f I i Ii i I i I 'I �I I I I 'II I I i I' II I II I II I