CDC - 2011-06 - Authorizing Execution of An Affordable Housing Reimbursement Agreement with CityRESOLUTION NO. CDC 2011 -06
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF ROSEMEAD APPROVING AND AUTHORIZING
EXECUTION OF AN AFFORDABLE HOUSING REIMBURSEMENT
AGREEMENT BETWEEN THE COMMISSION AND CITY OF
ROSEMEAD
WHEREAS, the Community Development Commission of the City of
Rosemead(" CDC") is carrying out the Redevelopment Plan ( "Redevelopment Plan ") for the
CDC ( "Project "); and
WHEREAS, under the Redevelopment Plan, the City of Rosemead ( "City ") shall aid and
cooperate with the CDC in carrying out the Project and shall take actions necessary to ensure the
fulfillment of the purposes of the Redevelopment Plan and to eliminate and prevent the
recurrence or spread of conditions causing blight within the area of Project Areas No. 1 and 2
("Project Areas"); and
WHEREAS, pursuant to Section 33220 of the California Community Redevelopment
Law (Health and Safety Code Section 33000, et seq.) (the "CRL "), for the purposes of aiding and
cooperating in the planning, undertaking, construction or operation of redevelopment projects
within the Project Areas, the City may, among other things, exercise the following powers: sell or
lease any of its property to the CDC; cause public improvements to be furnished in connection
with redevelopment projects; plan or replan and zone or rezone any part of a redevelopment
project; facilitate the production and rehabilitation of affordable housing and enter into
agreements with the CDC respecting actions to be taken pursuant to any such powers; and
WHEREAS, the CDC and City Council have prepared and wish to enter into an
Affordable Housing Reimbursement Agreement ("Agreement ") to provide for City's production
and rehabilitation of affordable housing within the Project Areas and CDC's reimbursement of
City for the costs of the affordable housing projects; and
WHEREAS, a program Final Environmental Impact Reports were prepared and certified
on the Redevelopment Plan(s) ( "Final EIR(s) ") in accordance with the California Environmental
Quality Act ( "CEQA "), which included analysis of the affordable housing projects on a
programmatic level; and
WHEREAS, at this time there are no preliminary drawings, plans or other sufficient
information to enable a meaningful environmental assessment of the specific affordable housing
projects, therefore, the Agreement provides that the commitment of funds to and commencement
of the specific projects set forth therein shall be subject to completion of additional
environmental review and analysis, as required by CEQA;
NOW, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION OF THE
CITY OF ROSEMEAD DOES HEREBY RESOLVE AS FOLLOWS:
OAK #4816 -9828 -8392 v1
SECTION 1. The CDC hereby approves the Affordable Housing Reimbursement
Agreement and hereby authorizes and directs the Chair of the CDC to execute the Agreement on
behalf of the CDC, subject to any minor, technical or clarifying changes that may be approved by
the CDC's counsel. The CDC hereby further authorizes and directs the Executive Director to
take all actions and execute all documents as necessary to carry out the Agreement for the
production of the affordable housing projects, and the CDC's reimbursement of City for the costs
of the affordable housing projects as provided for in the Agreement.
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the Rosemead
Community Development Commission on the 8 °i day of February, 2011.
Mayor Ta r
Chair
ATTEST:
Gloria Molleda
Secretary
APPROVED AS TO FORM:
Aache
ichman k7:
Burke, Williams & Sorensen, LLP
Commission Counsel
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS.
CITY OF ROSEMEAD )
I, Gloria Molleda, Commission Secretary of the City of Rosemead, do hereby certify that the
foregoing Resolution No. 2011 -06 being:
A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF
ROSEMEAD APPROVING AND AUTHORIZING EXECUTION OF AN AFFORDABLE HOUSING
REIMBURSEMENT AGREEMENT BETWEEN THE COMMISSION AND CITY OF ROSEMEAD
was duly and regularly approved and adopted by the Rosemead City Council on the 8t^ of
February, 2011, by the following vote to wit:
Yes: Armenta, Clark, Low, Ly, Taylor
No: None
Abstain: None
Absent: None
Gloria Molleda
Commission Secretary