|
|
STRATEGIC OUTCOMES |
ACTION |
|
Department: |
☒ Safe & Prosperous |
☐ Motion |
|
Planning & Neighborhood Svc |
☐ Active & Appealing |
☐ Resolution |
|
|
☐ Respected & Responsible |
☐ Ordinance - Introduction |
|
Division: |
☐ Connected & Engaged |
☒ Ordinance - Adoption |
|
Neighborhood Services |
☐ Unique & Creative |
☐ Public Hearing |
TITLE:
title
Development Agreement and Transfer of City-Owned Property: Mesa Heights Affordable Housing Project
end
SUMMARY RECOMMENDATION:
Summary Recommendation
Declare City-owned property surplus and approve a development agreement with the Arizona Housing Development Corporation for the construction of six two-bedroom affordable rental housing units on three parcels owned by the City in the Mesa Heights neighborhood. (Planning and Neighborhood Services) (Jay Nance)
end
STRATEGIC OUTCOME:
The proposed agreement and project further the City Council’s strategic outcome of Safe and Prosperous by creating affordable rental housing for low and moderate income households in the community.
REPORT:
The City owns three residential lots in the Mesa Heights neighborhood (Yuma County Parcel Nos. 665-44-001, 665-44-002 and 665-44-193) and certain right-of-way adjacent to the three lots (collectively the “Property”).
The Property is suitable for the development of affordable housing units that would serve as an extension of the Mesa Heights Apartments located at 2150 S. Arizona Avenue. In response to the City’s Request for Qualifications RFQ-23-108, the Arizona Housing Development Corporation (ADHC), a subsidiary of the Housing Authority of the City of Yuma (HACY), expressed an interest in developing the Property with affordable housing. The developer proposes to construct six two-bedroom affordable housing units for low- and moderate-income households that receive tenant-base rental assistance from the Housing Authority of the City of Yuma or other qualifying non-profit and/or governmental agencies. ADHC’s proposal meets the needs of the City and will be awarded by entering into a development agreement (the “Agreement”) for the construction of the housing units.
Under the terms of the Agreement, the City will transfer the Property to ADHC in exchange for a covenant to (1) construct six housing units of approximately 800 square feet (one unit must be wheelchair accessible and four units must contain two bedrooms and two bathrooms) and (2) use the Property for affordable housing, as defined by HUD, for a minimum of thirty years from the date of recording.
FISCAL REQUIREMENTS:
|
CITY FUNDS: |
$ 0.00 |
BUDGETED: |
$ 0.00 |
|
STATE FUNDS: |
$ 0.00 |
AVAILABLE TO TRANSFER: |
$ 0.00 |
|
FEDERAL FUNDS: |
$ 0.00 |
IN CONTINGENCY: |
$ 0.00 |
|
OTHER SOURCES: |
$ 0.00 |
FUNDING: ACCOUNT/FUND #/CIP |
TOTAL $ 0.00
|
- |
|
|
To total; right click number & choose “Update Field” |
|
FISCAL IMPACT STATEMENT:
NONE
ADDITIONAL INFORMATION:
SUPPORTING DOCUMENTS NOT ATTACHED TO THE CITY COUNCIL ACTION FORM THAT ARE ON FILE IN THE OFFICE OF THE CITY CLERK:
NONE
IF CITY COUNCIL ACTION INCLUDES A CONTRACT, LEASE OR AGREEMENT, WHO WILL BE RESPONSIBLE FOR ROUTING THE DOCUMENT FOR SIGNATURE AFTER CITY COUNCIL APPROVAL?
☐ Department
☒ City Clerk’s Office
☒ Document to be recorded
☐ Document to be codified
|
Acting City Administrator: |
Date: |
|
John D. Simonton |
09/22/2023 |
|
Reviewed by City Attorney: |
Date: |
|
Richard W. Files |
09/22/2023 |