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HomeMy WebLinkAboutItem No. 12 Five Year Extension of Time to Develop Housing Successor AgencyText File City of Lake Elsinore 130 South Main Street Lake Elsinore, CA 92530 www.lake-elsinore.org File Number: ID# 17-390 Agenda Date: 10/24/2017 Status: Consent AgendaVersion: 1 File Type: ReportIn Control: City Council / Successor Agency Agenda Number: 12) Page 1 City of Lake Elsinore Printed on 10/19/2017 Page 1 of 3 REPORT TO CITY COUNCIL To:Honorable Mayor and Members of the City Council From:Grant Yates, City Manager Prepared By: Barbara Leibold, City Attorney Date:October 24, 2017 Subject:Five Year Extension of Time to Develop Housing Successor Agency Affordable Housing Properties Recommendation adopt a Resolution of the City Council of the City of Lake Elsinore, California, Acting as the Housing Successor Agency to the Redevelopment Agency of the City of Lake Elsinore, Extending the Time Period in which Certain Property Must Be Developed for Affordable Housing in Accordance with Health and Safety Code Section 33334.16 Background Pursuant to Health & Safety Code (HSC) Section 33334.16, any agency acquiring real property with affordable housing funds prior to February 1, 2012, “shall, within five years from the date it first acquires the property interest for the development of housing affordable to persons and families of low and moderate income, initiate activities consistent with the development of the property for that purpose.” These activities may include, but are not limited to, zone changes or agreements entered into for the development and disposition of property. The five-year time period, as described in HSC Section 33334.16, shall be deemed to have commenced on the date that the Department of Finance approved the property as a housing asset in the Low and Moderate-Income Housing Asset Fund (LMIHAF). Pursuant to Health and Safety Code Section 33334.16, the Housing Successor Agency Board is authorized to extend the deadline to initiate activities by an additional five years upon affirming the intention to develop housing affordable to households of low and moderate income. This action requests the City of Lake Elsinore, acting in the capacity as Housing Successor Agency, approve the extension of the time period in which certain property must be developed for affordable housing in accordance with HSC Section 33334.16. Extension of Five-Year Time-Period for Former RDA Housing Assets Page 2 of 3 Discussion Parts 1.8 and 1.85 of the HSC, as modified by the Supreme Court’s opinion in California Redevelopment Association, et al. v. Ana Matosantos, et al., Case No. S194861 and as amended by Assembly Bill 1484 and other subsequent legislation (together, the Dissolution Act) caused the dissolution of all California redevelopment agencies as of February 1, 2012 and established successor agencies to administer the winding down of the affairs of the former redevelopment agencies. As of and after February 1, 2012, all assets, properties, and contracts of the former Redevelopment Agency of the City of Lake Elsinore (Agency) were transferred, by operation of law, to the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore (Successor Agency). On January 10, 2012, the City Council of the City of Lake Elsinore (City Council) affirmatively voted to retain all housing assets and functions of the former Agency and designate the City as Housing Successor Agency (Housing Successor Agency) in accordance with the Dissolution Act. Pursuant to HSC Section 33334.16, any agency acquiring real property with affordable housing funds prior to February 1, 2012, “shall, within five years from the date it first acquires the property interest for the development of housing affordable to persons and families of low and moderate income, initiate activities consistent with the development of the property for that purpose.” These activities may include, but are not limited to, zone changes or agreements entered into for the development and disposition of property. The five-year time period, as described in HSC Section 33334.16, shall be deemed to have commenced on the date that the Department of Finance (DOF) approved any property as a housing asset on the Successor Agency’s Housing Assets Transfer Form. The Successor Agency received approval of its Housing Assets Transfer Form by the DOF on September 17, 2012. Therefore, the five-year deadline for the Housing Successor Agency, to initiate and continue the aforementioned activities to develop the properties identified herein would have expired on September 17, 2017, but for the proposed action to extend pursuant to HSC 33334.16. HSC Section 33334.16 grants the Housing Successor Agency the authority to extend the aforementioned deadline by an additional five years to September 17, 2022 and affirm the intention to develop and provide housing affordable to households of low and moderate income. The dissolution of the former Agency on February 1, 2012 eliminated a critical financing tool, namely property tax increment, which severely halted any activities and programs to maintain, preserve, and expand the development of affordable housing for low and moderate-income housing families in the City. Despite the loss of redevelopment, and as allowable under state law, the City has continued to undertake activities to maintain, preserve, and expand the supply of affordable housing within the City. In an effort to continue the current and future planning efforts of the City to preserve and expand affordable housing opportunities for the community, it wishes to extend the time frame authorized under existing law for the following properties (Properties): Extension of Five-Year Time-Period for Former RDA Housing Assets Page 3 of 3 Address of Property Original Date of Acquisition 375-293-029 10/23/2009 375-293-030 10/23/2009 Chaney St at Morton Ave (APN 375-321-031)10/23/2009 Chaney St at Morton Ave (APN 375-321-032)10/23/2009 Chaney St at Morton Ave (APN 375-321-033)10/23/2009 Strickland Ave (APN 375-321-029)10/23/2009 Strickland Ave (APN 375-321-030)10/23/2009 Environmental Review This item is not subject to CEQA review. Fiscal Impact There is no fiscal impact associated with the Housing Successor Agency adopting a resolution extending the time period in which certain property must be developed for affordable housing. Exhibits A - Resolution B - Vicinity Map RESOLUTION 2017- _____ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING AS HOUSING SUCCESSOR TO THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE EXTENDING THE TIME PERIOD IN WHICH CERTAIN PROPERTY MUST BE DEVELOPED FOR AFFORDABLE HOUSING IN ACCORDANCE WITH HEALTH AND SAFETY CODE SECTION 33334.16 WHEREAS, on December 29, 2011, the California Supreme Court rendered its decision in California Redevelopment Association v. Matosantos, upholding ABx1 26 (“Dissolution Act”); WHEREAS, as a result of the California Supreme Court’s decision, all redevelopment agencies in the State of California, including the Redevelopment Agency for the City of Lake Elsinore (former RDA) dissolved as of February 1, 2012; WHEREAS, on January 10, 2012, the Lake Elsinore City Council adopted Resolution No. 2012-001 accepting the City of Lake Elsinore’s role as Successor Agency to the former RDA (Successor Agency); WHEREAS, as of and after February 1, 2012 all assets, properties, and contracts of the former RDA were transferred, by operation of law, to the Successor Agency; WHEREAS, pursuant to the Dissolution Act, on January 10, 2012, the Lake Elsinore City Council approved Resolution No. 2012-001 to elect to retain all housing assets and assume the affordable housing functions of the former Agency as of February 1, 2012 as Housing Successor Agency to the former RDA (Housing Successor Agency); WHEREAS, the former RDA acquired seven (7) properties (Properties) with low and moderate income housing funds prior to February 1, 2012 described as (1) 375-293-029, (2) 375-293-030, (3) Chaney St at Morton Ave (APN 375-321-031), (4) Chaney St at Morton Ave (APN 375-321-032), (5) Chaney St at Morton Ave (APN 375-321-033), (6) Strickland Ave (APN 375-321-029), and (7) Strickland Ave (APN 375-321-030); WHEREAS, pursuant to Health & Safety Code (HSC) Section 33334.16, any agency acquiring real property with affordable housing funds prior to February 1, 2012, “shall, within five years from the date it first acquires the property interest for the development of housing affordable to persons and families of low and moderate income, initiate activities consistent with the development of the property for that purpose.” These activities may include, but are not limited to, zone changes or agreements entered into for the development and disposition of property; WHEREAS, the five-year time period, as described in HSC Section 33334.16, shall be deemed to have commenced on the date that the Department of Finance approved the property as a housing asset in the Housing Asset Transfer Form, which was on September 17, 2012; WHEREAS, pursuant to Health and Safety Code Section 33334.16, the Housing Successor Agency Board is authorized to extend the deadline to initiate activities by an additional five years upon affirming the intention to develop housing affordable to households of low and moderate income; and RESOLUTION 2017-__ PAGE 2 WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE ACTING AS THE HOUSING SUCCESSOR AGENCY DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: SECTION 1.The Recitals set forth above are true and correct and incorporated herein by reference. SECTION 2.The City Council hereby extends the time-period in which certain property must be developed for affordable housing in accordance with HSC Section 33334.16. SECTION 3.The City Council hereby authorizes and directs staff to take all actions necessary under the Dissolution Act for approval of the transfer of the aforementioned Properties. SECTION 4.The Mayor shall sign this resolution, and the Clerk shall attest and certify to the passage and adoption thereof. SECTION 5.If any provision of this Resolution or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of this Resolution which can be given effect without the invalid provision or application, and to this end the provisions of this resolution are severable. The City hereby declares that it would have adopted this Resolution irrespective of the invalidity of any particular portion thereof. SECTION 6.This Resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED this 24th day of October 2017. ____________________________ Robert E. Magee Mayor ATTEST:APPROVED AS TO FORM: ________________________________________________________ Susan M. Domen, MMC Barbara Leibold City Clerk City Attorney RESOLUTION 2017-__ PAGE 3 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF LAKE ELSINORE ) I, Susan M. Domen, MMC, City Clerk of the City of Lake Elsinore, California, do hereby certify that Resolution No. ___________ was adopted by the City Council of the City of Lake Elsinore, California, at the regular meeting of _____________________, and that the same was adopted by the following vote: AYES: NOES: ABSENT: ABSTAIN: Susan M. Domen, MMC City Clerk 21 54 3 CHANEY STLAKESHORE DR HOUSING PROPERTIES CITY OF LAKE ELSINORE Prepared by:City of Lake Elsinore GISOctober 11, 2016Data Sources:City of Lake Elsinore GISCounty of Riverside GIS ± Housing Properties ID APN 1 375293029 2 375293030 3 375321031 4 375321032 5 375321033´