HomeMy WebLinkAbout25L - 415-423 SOUTH RAITT ST
CITY COUNCIL MEETING DATE:
REQUEST FOR
COUNCIL ACTION
CLERK OF COUNCIL USE ONLY:
FEBRUARY 5, 2007
TITLE:
APPROVED
o As Recommended
o As Amended
o Ordinance on 1'1 Reading
o Ordinance on 2'd Reading
o Implementing Resoiution
o Set Public Hearing For
AGREEMENT WITH CIVIC CENTER
BARRIO HOUSING CORPORATION
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CITY MANAGER
CONTINUED TO
d
-
FILE NUMBER
RECOMMENDED ACTION
Direct the City Attorney to prepare and authorize the Executive Director
of the Community Development Agency to execute an Agreement for the
development of 415-423 South Raitt Street by Civic Center Barrio Housing
Corporation in the amount not to exceed $77,500.
DISCUSSION
The property located at 415 - 423 South Raitt Street, shown on Exhibit 1,
was acquired by the City of Santa Ana for the development of affordable
housing units. Civic Center Barrio Housing Corporation (CCBHC), a
Community Housing Development Organization under the federal HOME
Program, has expressed an interest in building rental housing on the
si te. Staff supports this concept and the development of the rental
units, which will assist in meeting Santa Ana's affordable production and
replacement housing obligations.
CCBHC has completed its conceptual discussions with the Planning and
Building Agency staff and is prepared to begin work with a proj ect
architect. The proposed Agreement will provide funding to CCBHC to pay
for architecture, planning, survey work, landscape design, cost
estimating, legal, insurance and title work. Once this work is
completed, CCBHC will have the required information to develop a project
budget. It is anticipated that, once the project budget is finalized,
the City will enter into a Disposition and Development Agreement with
CCBHC. This loan will be repaid at the time of the construction
financing.
25L-1
Agreement with Civic Center Barrio
Housing Corporation for 415-423 S. Raitt
February 5, 2007
Page 2
FISCAL IMPACT
Funds are available in the HOME Program Fund account (account no. 130-
148-6951/00192) .
APPROVED AS TO FUNDS AND ACCOUNTS:
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'0 Deputy City Manager for
Development Services
Community Development Agency
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t~J:rancisco Gutierrez
1)-~xecutive Director
Finance & Management Services AgencYfj
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H:\ACTIONS\2007 CC\AgreeCivicCtrBarrioHsgCorp 2-5-07.doc
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415-423 South Raitt Street
Exhibit 1
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