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HomeMy WebLinkAboutR-11140 approving the reallocation of Affordable Housing Funds to Transitions-Mental Health Association from Branch Street Apartments to Bishop Street StudiosR 11140 RESOLUTION NO. 11140 (2020 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, APPROVING THE REALLOCATION OF AFFORDABLE HOUSING FUNDS TO TRANSITIONS-MENTAL HEALTH ASSOCIATION FROM BRANCH STREET APARTMENTS TO BISHOP STREET STUDIOS ($20,644) WHEREAS, the City Council of the City of San Luis Obispo met in the Council Chamber of City Hall, 990 Palm Street, San Luis Obispo, California, on June 4, 2019, and awarded Transitions-Mental Health Association (THMA) a grant of $330,000 of Affordable Housing Fund (AHF) to assist with acquisition and rehabilitation of new low-income affordable housing (the “Branch Street Apartments”) as declared by Resolution No. 11016; and WHEREAS, since THMA’s successful acquisition and rehabilitation of the Branch Street Apartments, THMA has become aware that due to additional State funding for the project, THMA has an excess of $20,644 of the City’s AHF awarded for the project; and WHEREAS, THMA has requested that the City allow it to reallocate the excess AHFs from the Branch Street Apartments project for additional work on an additional affordable housing development (the “Bishop Street Studios”); and WHEREAS, the proposed project by THMA meets the eligibility criteria established by the City Council; and WHEREAS, Housing Element policies and programs encourage and support the construction of new affordable housing in the City; and WHEREAS, the City Council has duly considered all evidence, including the testimony of the applicant, interested parties, and the evaluation and recommendations by staff at the said meeting. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. AHF Reallocation to Bishop Street Studios. The City Council does hereby approve a reallocation of AHF in an amount not to exceed $20,644, subject to the following condition of approval: 1. Prior to expenditure of any AHF, TMHA shall enter into a contractual agreement with the City outlining the terms of the reallocation grant. 2. Prior to expenditure of any AHF, TMHA shall submit invoices and proof of construction to the City for the proposed additional improvements to the project. Resolution No. 11140 (2020 Series) Page 2 R 11140 SECTION 2. Environmental Determination. The California Environmental Quality Act does not apply to the recommended action in this report, because the action does not constitute a “Project” under CEQA Guidelines Sec. 15378. Upon motion of Council Member Pease seconded by Council Member Stewart and on the following roll call vote: AYES: Council Member Pease, Stewart, Vice Mayor Gomez and Mayor Harmon NOES: None RECUSED: Council Member Christianson The foregoing resolution was adopted this 7th day of July 2020. ____________________________________ Mayor Heidi Harmon ATTEST: ____________________________________ Teresa Purrington City Clerk APPROVED AS TO FORM: _____________________________________ J. Christine Dietrick City Attorney IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, on _____________________. ____________________________________ Teresa Purrington City Clerk