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HomeMy WebLinkAboutMINUTES - 06121984 - T.5 i5 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on June 12, 1984 , by the following vote: AYES: Supervisors Powers, Schroder, McPeak, Torlakson NOES: None ABSENT: Supervisor Fanden ABSTAIN: None SUBJECT: Decision on proposed amendment to the Land Use Element of the County General Plan for the (Rocky Ridge) San Ramon area. The Board on June 5, 1984, having deferred to this date the decision on the proposed amendment to the Land Use element of the County General Plan for the (Rocky Ridge) San Ramon area; and Jim Cutler, County Planning Department, briefly summarized the proposed amendment process and stated that there were several concerns with respect to the soil stability for this particular pro- perty, and the policy of opening the Bollinger Canyon area for deve- lopment, and advised that the property owner had come up with new thinking for this property, and was no longer desirous of a general plan change for Multiple Family Residential Very Low Density which is the purpose of the hearing before the Board at this time; and Mr. Cutler having advised the Board that there were essen- tially three choices before them at this time: 1. Deny the General Plan Amendment request as recommended unanimously by the San Ramon Valley Area Planning Commission. 2. Approve the General Plan Amendment request as shown on Map 6 of the June 15, 1984, staff report as requested at that time by the property owner (the owner has indicated that they are no longer interested in that development approach) . 3. Refer the entire matter back to the San Ramon Valley Area Planning Commission for preparation of a supple- mental Environmental Impact Report and to consider a revised plan amendment proposal on the property which calls for more intensive use of site. The new proposal will be provided by the property owner. Mr. Cutler advised the Board members that it was the recom- mendation of the County Planning Department to deny the application, close out the file, and let them come back in and start the entire process over; and Supervisor Schroder having commented on the sensitivity of this parcel of land, and stated that there is a great deal of concern by the land owners in that area, as to how and when and if that parcel " of property should be developed, and also advised that the San Ramon Valley Area Planning Commission had unanimously denied this applica- tion, the reasoning for the denial was that they felt this project was premature, and that this parcel should not be developed at this time; and Supervisor Schroder having recommended that the Board refer this matter back to the San Ramon Valley Area Planning Commission, after staff has received an amended or modified General Plan amendment application, for hearing on an additional Environmental Impact Report document and for report and recommen- dation to the Board , as to the type of development that might be appropriate on a portion of the property, leaving the balance as a buffer for the agricultural land in Bollinger Canyon; 00 225 1( f. Board members having considered the matter, IT IS ORDERED that the recommendations of Supervisor Schroder are APPROVED. 1 hereby OW* Mk is a trueanalc*Nfttcopyot an action'`taken and mntered on the minutes of the Board of Supervisors., the date shown. ATTESTED: J.R. OLSSON, COUNTY CLERK and ex officio Clerk of the Board z;Deputy EY Orig Dept: Clerk of the Board cc: Director of Planning Public Works Director County Counsel Brian D. Thiessen �' 226 CONTRA COSTA HOME MORTGAGE FINANCE AUTHORITY GOVERNING BOARD RESOLUTION NO. 84-1 RESOLUTION ELECTING A CHAIRMAN AND VICE CHAIRMAN; APPOINTING THE SECRETARY AND ASSISTANT SECRETARY OF THE AUTHORITY; APPOINTING COUNSEL FOR THE AUTHORITY; ESTABLISHING THE TIME AND PLACE OF REGULAR MEETINGS OF THE GOVERNING BOARD OF THE AUTHORITY; ESTABLISHING A HOME MORTGAGE FINANCE PROGRAM; DESIGNATING INVESTMENT BANKER AND BOND COUNSEL AND ACCEPTANCE OF ASSIGNMENT OF A CONTRACT WITH BOND COUNSEL AND OF CERTAIN OTHER CONTRACTS; APPOINTING AN ADMINISTRATOR FOR THE PROGRAM; ADOPTING RULES AND REGULATIONS ESTABLISHING ELIGIBILITY CRITERIA FOR LENDING INSTITUTIONS; APPROVING COOPERATIVE AGREEMENTS WITH PARTICIPATING CITIES: ACCEPTING ASSIGNMENT OF ALLOCATION; AND AUTHORIZING OFFICERS TO IMPLEMENT THE AUTHORITY ' S HOME MORTGAGE FINANCE PROGRAM. THE GOVERNING BOARD OF THE CONTRA COSTA HOME MORTGAGE FINANCE AUTHORITY RESOLVES AS FOLLOWS: 1 . Tom Torlakson is hereby elected Chairman of the Contra Costa Home Mortgage Finance Authority (the "Authority") , and Verne L. Roberts is hereby elected Vice Chairman of the Authotity. 2. Pursuant to Section 9 (a) of the Joint Exercise of Powers Agreement Creating the Contra Costa Home Mortgage Finance Authority, dated as of May 1, 1984 (the "Agreement") , James R. Olsson, the County Clerk of the County of Contra Costa from time to time is hereby appointed, ex officio, Secretary of the Authority. Deputy C1erla-Board of Supervisors of the County of Contra Costa from time to time are hereby appointed, ex officio, Assistant Secretary of the Authority. Deputies of the Clerk of the Board are hereby authorized to execute documents and instruments on behalf of and in the name of the Assistant Secretary. 3. Pursuant to Section 9 (f) of said Agreement, the County Counsel of the County of Contra Costa from gime to time is hereby appointed, ex officio, counsel to the Authority. 4. The regular meetings of the Governing Board of the Authority shall be held at Board of Supervisors Chambers, Room 107, . 651 Pine Street in Martinez, California, or such other place as the Governing Eoard of the Authority may designate from time to time by resolution, at 9:00 A.M. on the first Tuesday of June of each year. 5 . The Authority hereby finds and determines that a substantial housing need exists within the boundaries of the parties to the Agreement (the "Parties" ) . The Authority therefore hereby establishes a program of financing home mortgages with respect to property within the boundaries of the Parties (the "Program" ) pursuant to Chapters 1-5 of Part 5: of Division 31 of the Health and Safety Code of the State of California (the "Act" ) and hereby determines to issue revenue bonds pursuant to said Act to provide funds for the Program. 6. Dean Witter Reynolds Inc. is hereby designated as investment banker to the Authority, and Orrick, Herrington & Sutcliffe, A Professional Corporation, is hereby designated as bond counsel to the Authority, with respect to the initial issue of the Authority' s bonds. The Authority hereby authorizes the proper officers of the Authority to accept the assignment of the contract entered into between the County of Contra Costa and said bond counsel . The Authority hereby authorizes the proper officers of the Authority to accept, at the time proceeds of the Authority' s initial issue of bonds are received by the Authority, the assignment of contracts heretofore entered into by the County of Contra Costa with The Land Economics Group for services as feasibility consultants with respect to the home mortgage finance program financed in whole or in part by said initial issue of bonds. 7 . The County of Contra Costa acting through its Planning Department and Planning Director is hereby appointed Administrator for the Program. 8. The Rules and Regulations Establishing Eligibility Criteria for Lending Institutions, in substantially the form submitted to this meeting, are hereby approved and adopted, and the Authority hereby finds and declares that such rules and regulations shall serve the purpose of enabling qualified lending institutions to participate in the Program on an equitable basis. 9. The cooperative agreements to be entered into between the Authority and the cities of Antioch, Brentwood, Danville, E1 Cerrito, Hercules, Martinez, Moraga, Pinole, Pleasant Hill, Richmond and San Ramon in substantially the form submitted to this meeting are hereby approved and the Chairman or other officers of the Authority are hereby authorized and directed to execute and deliver such agreements, for and in the name and on behalf of the Authority, and to approve any additions or changes in the form of such agreements submitted to this meeting as they deem necessary or advisable, their approval of such additions or changes to be conclusively evidenced by their execution of 2 040511-0012-188-4318s �a � such agreements as so added to or changed. The Chairman or other officers are further authorized to enter into such additional agreements with any such city, or enter into a similar agreement with any other city within the jurisdiction of the Authority if they determine that such agreement would . be of benefit to the Program, execute such other documents, or take such actions as may be deemed necessary or advisable to carry out the purpose and intent of such agreements or to cooperate in the implementation of the Program. 10. The Authority hereby determines to accept any allocations granted to any Party pursuant to Chapter 3 .5 of Part 1 of Division 31 of the California Health and Safety Code (commencing with Section 50171 ) and assigned by such Party to the Authority, including all extensions thereof. 11 . The Chairman or other officers of the Authority be, and hereby are, authorized and directed, for and in the name and on behalf of the Authority, to prepare or cause to be prepared any resolution, indenture, agreement, official statement, or other document or instrument necessary or appropriate in connection with the Program or the issuance of bonds of the Authority therefor; to select lending institutions and developers to participate in the Program, employ consultants, accountants, printers and other necessary experts in connection therewith, and do any and all things and take any and all actions and execute and deliver any and all certificates, agreements and other documents, which the Chairman or other officers may deem necessary or advisable in order to implement and carry out the Program, including the issuance of bonds of the Authority therefor. The Planning Director and the staff of the Planning Department of the County of Contra Costa are hereby authorized to take any and all actions necessary or advisable in order to implement and carry out the Program subject to later approval by this Governing Board. All actions heretofore taken by the staff of the Planning Department of the County of Contra Costa, Dean Witter Reynolds Inc. and Orrick, Herrington & Sutcliffe, A Professional Corporation, which were reasonably necessary with respect to the Program and the proposed issuance of bonds (including, without limiting the generality of the foregoing, formation of the Authority and distribution to lending institutions and developers of invitations to participate in the Program) are hereby confirmed, ratified and approvgd. 12 . This resolution shall take effect immediately upon its adoption. 3 040511-0012-188-4318s a� 5 PASSED AND ADOPTED this 12th day of June, 1984, by the following vote: AYES: Directors Powers , Fanden, Schroder, McPeak, Torlakson, Roberts NOES: None ABSENT: None r Chairman of the Contra Costa Home Mortgage Finance Authority [ Seal ] Attest: A istant Secretary"o the Contra Costa Home Mortgage Finance Authority 4 040511-0012-188-4318s �� 6 I . Home Mortgage Fin Auth Res 84-1 adptd 2 . Officers apptd - - 3 Same as 1 4 . Sec. et td Secretary r a Y pP I 5 . Same as 1 6 . County Counsel ex officio .counsel apptd 7 . Same as 1 8. Meetings regular estbd 9 . Same as 1 10 . Home Financing . prgm estbd 11 . Same as 1 12 . Dean Witter Reynolds designated invest banker 13 . Same as 1 14 . Offick Herrington & Sutcliffe designated bond couns-el 15 . Same as 1 16 . Plan Dept & Director designa',ted Prgm Administrator 17 . Same as 1 18 . Rules/Regulations re eligibility criteria 19 . Same as 1 20 . Antioch City Coop Agrmts apprvd 21 . Same as 1 22 . Brentwood City Coop agrmts apprvd 23 . Same as 1 24 . Danville City Coop agrmts apprvd 25 . Same as 1 26 , El Cerrito Coop Agrmts apprvd 27 . Same as 1 28 . Hercules City Coop agrmts apprvd 29 . Same as 1 . 30 . Martinez City Coop agrmts apprvd .• 31 . Same as 1 32 , Moraga City Coop agrmts apprvd 33 . Same as 1 , 34 . Pinole City Coop agrmts apprvd 35 . Same as 1 36 . Pleasant Hill Coop agrmts apprvd 37 . Same as 1 38 . Richmond City Coop agrmts apprvd 39 . Same °as 1 40 . San Ramon City Coop agrmts apprvd _ - - -