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HomeMy WebLinkAboutRESOLUTIONS - 05211996 - 96-221 SD. 4 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA ADOPTED this order on May 21 , 1996 by the following vote AYES: Supervisors Rogers , DeSaulnier, Torlakson and Smith NOES: None ABSENT: Supervisor Bishop ABSTAIN: None RESOLUTION NO. 96/221 Subject: APPROVAL OF EXECUTION AND IMPLEMENTATION OF A DISPOSITION AND DEVELOPMENT AGREEMENT FOR THE COGGINS SQUARE HOUSING DEVELOPMENT The Contra Costa County Board of Supervisors RESOLVES THAT: The Contra Costa County Board of Supervisors (the "Board") has adopted the Redevelopment Plan for the Pleasant Hill BART Station Redevelopment Project Area (the "Redevelopment Plan") on July 10, 1984, by Ordinance No. 84-30, and amended and restated on June 19, 1988 by Ordinance No. 88-58, affecting the Pleasant Hill BART Station Area Redevelopment Project Area (the "Project Area") ; and The Contra Costa County Redevelopment Agency (the "Agdincy") is vested with responsibility pursuant to the Community Redevelopment Law (Health and Safety Code Section 33000 et sea. ) (the "Law") to implement the Redevelopment Plan in the Project Area; and The Agency is the owner of an approximately 3 . 7 acre parcel of land located in the Project Area at the intersection of Coggins Way and Las Juntas Way (the "Property") ; and The Agency desires to cause redevelopment of the Property through the construction of 86 dwelling units to be rented at affordable housing cost to qualified low and moderate income households, including very low income households (the "Apartments") and 54 for- sale townhome units (the "Townhomes") , (the Apartments and the Townhomes are collectively referred to herein as the "Development") ; and The Agency has selected BRIDGE Housing Corporation and The Martin Group/Holliday Development (the "Developers") to serve as the developers of the Development on the Property and the Agency and the Developers entered into an Exclusive Right to Negotiate Agreement dated December 1, 1995; and The Agency desires to enter into a Disposition and Development Agreement (the "DDA") with the Developers, substantially in the form on file with the Agency, whereby the Developers will agree to develop the Development on the Property and to operate and rent units in the Apartments to qualified tenants and to sell the Townhomes, as set forth in detail in the DDA; and Pursuant to the DDA, the Agency will sell to BRIDGE the portion of the Property where the Apartments will be constructed and will sell to The Martin Group/Holliday Development the portion of the Property where the Townhomes will be constructed, and will provide an acquisition loan to BRIDGE Housing Corporation; and Redevelopment of the Property pursuant to the DDA will serve major Redevelopment Plan goals and objectives to increase the community's supply of affordable housing; and 3200UO.P50 05/10/96 -1- 96/221 The Agency has placed on file a copy of the DDA and the summary called for in Section 33433 of the Law (the "Section 33433 Summary") and has made the DDA and the Section 33433 Summary available for public inspection and copying pursuant to Section 33433 of the Law; and By staff report accompanying this Resolution and incorporated herein by this reference, the Board has been provided with additional information upon which the findings and actions set forth in this Resolution are based; and The Board and the Agency have conducted a duly noticed public hearing on the DDA pursuant to Section 33433 of the Law for the purpose of receiving the input and comments of the public on the DDA; and A negative declaration (the "Negative Declaration") has been prepared pursuant to the California Environmental Quality Act (California Public Resources Code Section 21000 et sea. ) ("CEQA") , the State CEQA Guidelines (14 California Code of Regulations Section 15000 et sea. ) , and the County's and the Agency's adopted local CEQA Implementation Guidelines (the "Local CEQA Guidelines") to consider approval of the DDA; The Board has served as a "Responsible Agency" under CEQA with respect to the Negative Declaration; and Therefore, the Board of Supervisors RESOLVES THAT: 1. The Board hereby certifies its review and consideration of the Negative Declaration in connection with its actions pursuant to this Resolution in accordance with CEQA, the State CEQA Guidelines, and the Local Guidelines., 2. The Board hereby finds and determines that, based on the Initial Study and any comments received, that there is no substantial evidence that the DDA and the transactions contemplated therein will have a significant effect on the environment. Therefore, the Board hereby approves the Negative Declaration. 3 . Pursuant to Section 33433 of the Law, the Board hereby finds that the consideration to be given by the Developers under the DDA for the purchase of the Property is not less than the fair reuse value of the Property at the use and with the covenants and conditions and development costs authorized and directed for the sale of the Property pursuant to the DDA. This finding is based on facts and analysis set forth in the Section 33433 Summary and the staff report accompanying this Resolution that: a. The Agency proposes to sell the Property to the Developers under the DDA for $1, 550, 000, and to require that the Developers develop and rent 86 dwelling units at affordable rents to qualified low and moderate income households, including very low income households, develop and sell 54 townhomes, and repay the acquisition loan made by the Agency to BRIDGE Housing Corporation for the Apartments; and b. The fair reuse value of the Property for such restricted use and under such conditions of development is not greater than $1, 550, 000 as established by the reuse value analysis set forth in the Section 33433 Summary. 4. Pursuant to Section 33433 of the Law, the Board hereby finds that the sale of the Property pursuant to the DDA will provide housing for low and moderate income persons and will assist in the elimination of blight in the Project Area. This finding is 3200UO.PSO 05/10/96 -2- 96/221 2- 96/221 based on facts and analysis in the Section 33433 Summary and the staff report accompanying this Resolution. 5. Pursuant to Section 33433 of the Law, the Board hereby finds that the sale of the Property pursuant to the DDA is consistent with the Implementation Plan adopted by the Agency for the Project Area pursuant to Section 33490. 6. Pursuant to Section 33433 of the Law, the Board hereby approves the DDA, the attached grant deeds and regulatory agreement for the property and all other related documents for the implementation of the DDA; approves execution by the Agency of the DDA, the grant deeds, the regulatory agreement, and all other related documents, substantially in the form on file with the Agency Secretary with such changes as are approved by the Agency Deputy Director - Redevelopment, such approval to be conclusively evidenced by the execution of the DDA; and approves disposition of the Property by the Agency pursuant to the provisions of the DDA as executed. 7. The County Clerk is hereby authorized and directed to file a Notice of Determination with respect to the DDA and this Resolution in accordance with 14 California Code of Regulations, Section 15075. 8. This Resolution shall take immediate effect from and after its passage and approval. I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervi M on the date shown. ATTESTED, PHIL 13ATdHELgR,Clerk of the Board Superviso d County A inistrator a By -- ,Deputy 3200UO.P50 05/10/96 —3- 96/221 3- 96/221