HomeMy WebLinkAboutCC RES 2020-47RESOLUTION NO. 2020-47
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT
APPROVING THE EXECUTION AND DELIVERY OF A DISPOSITION AND
DEVELOPMENT AGREEMENT BETWEEN THE CITY OF PALM DESERT AND THE
COACHELLA VALLEY HOUSING COALITION TO SUPPORT THE CREATION OF
NEW AFFORDABLE HOUSING ON CERTAIN REAL PROPERTY OWNED BY THE
CITY, AND AUTHORIZING CERTAIN RELATED ACTIONS
WHEREAS, the City of Palm Desert owns the real property located in the City of
Palm Desert, County of Riverside, State of California, described on Exhibit "A," attached
hereto and incorporated herein (the "Property"); and
WHEREAS, on October 11, 2018, the City issued a Request for Proposals ("RFP")
seeking a qualified developer to assist with the development of 14 self-help single-family
homes on the Property; and
WHEREAS, the City received only one response to the RFP, which was from the
Coachella Valley Housing Coalition, a California non-profit public benefit corporation
("CVHC"); and
WHEREAS, CVHC wishes to acquire the Property from the City and to complete
a project on the Property consisting of 14 detached single family homes that will be
restricted for sale to qualified very low and low income households (the "Project"); and
WHEREAS, the Project is a self-help housing project in which no fewer than 500
hours of construction work associated with each of the homes is to be performed by the
homebuyers; and
WHEREAS, CVHC has demonstrated its ability to develop affordable housing
projects including self-help projects; and
WHEREAS, CVHC has provided documentation to the City demonstrating that it
will need financial support from the City for the creation of the homes; and
WHEREAS, CVHC has requested the City to enter into a Disposition and
Development Agreement (the "DDA") with CVHC; and
WHEREAS, the DDA provides for the City to convey the Property by grant deed
to CVHC for $560,000 ("Purchase Price") and for the City to loan the Purchase Price to
CVHC on the terms set forth in the form of promissory note attached to the DDA, which
loan will be secured by a deed of trust on the Property in the form attached to the DDA;
and
WHEREAS, the DDA requires CVHC to timely construct, or cause to be
constructed, the 14 single-family homes on the Property, including public infrastructure
improvements associated with the homes, and timely sell the single-family homes to
RESOLUTION NO. 2020-47
Page 2
qualified very low and low income households, which requires participants to be first time
homebuyers and the household include a member who is employed within the City's
jurisdictional boundaries, at a price that does not exceed an affordable housing cost in
accordance with the terms of the affordable housing restriction agreement attached to the
DDA; and
WHEREAS, the City may, in its sole discretion, provide assistance to a qualified
household in compliance with any City first time homebuyer affordable housing program;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PALM DESERT
HEREBY RESOLVES:
Section 1. The above recitals are true and correct and a substantive part of this
Resolution.
Section 2. The DDA by and between the City and CVHC, presented to the City
Council at this meeting and incorporated herein by reference, is hereby approved. The
City Manager, or her designee (each, an "Authorized Officer"), is hereby authorized to
execute and deliver, for and in the name of the City, the DDA in substantially such form,
with such additions or changes as the Authorized Officer executing the same may
approve (such approval to be conclusively evidenced by such Authorized Officer's
execution and delivery thereof).
Section 3. The officers and staff of the City are hereby authorized, jointly and
severally, to do all things which they may deem necessary or proper to effectuate the
purposes of this Resolution and implement the DDA, including the execution and
recordation of agreements and documents contemplated by the DDA, and any such
actions previously taken are hereby ratified and confirmed.
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RESOLUTION NO. 2020-47
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PASSED, APPROVED, AND ADOPTED by the City Council of the City of Palm
Desert, California, at its regular meeting held on the 28th day of May. 2020, by the
following vote, to wit:
AYES: HARNIK, JONATHAN, KELLY, WEBER, and NESTANDE
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
GINA NESTANDE, MAYOR
ATTEST:
GRACE L. ROCHA, ACTING CITY CLERK
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RESOLUTION NO. 2020-47
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EXHIBIT A
LEGAL DESCRIPTION OF THE PROPERTY
That certain real property situated in the City of Palm Desert, County of Riverside, State
of California, described as follows:
LOTS 95 THROUGH 108 OF TRACT 30795, AS PER MAP FILED IN BOOK 406, PAGES
73 THROUGH 80 OF PARCEL MAPS, ALL IN THE OFFICE OF THE COUNTY
RECORDER OF SAID COUNTY OF RIVERSIDE.
ASSESSOR PARCEL NUMBERS 624-440-032, 624-440-034, 624-440-035, 624-440-
036, 624-441-014, 624-441-015, 624-441-016, 624-441-017, 624-441-018, 624-441-019,
624-441-020, 624-441-021, 624-441-022
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