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HomeMy WebLinkAbout2016-08-25MINUTES PALM DESERT HOUSING AUTHORITY MEETING THURSDAY, AUGUST 25, 2016 CIVIC CENTER COUNCIL CHAMBER 73510 FRED WARING DRIVE, PALM DESERT, CA 92260 I. CALL TO ORDER - 3:00 P.M. Chair Spiegel convened the meeting at 3:04 p.m. 11. ROLL CALL Present: Vice Chairman Jan C. Harnik Member Sabby Jonathan Member Van G. Tanner Member Susan Marie Weber Chairman Robert A. Spiegel Also Present: Justin McCarthy, Interim Executive Director Robert W. Hargreaves, City Attomey Rudy P. Acosta, Assistant City Manager Russell Grance, Director of Building & Safety Ryan Stendell, Director of Community Development Martin Alvarez, Director of Economic Development Janet M. Moore, Director of Finance/City Treasurer Lori Carney, Director of Human Resources Mark Greenwood, Director of Public Works Anthony Baur, Asst. Chief, Palm Desert Police/Riverside Co. Sheriff's Department Sgt. David Adams, Palm Desert Police/Riverside Co. Sheriff's Department Grace L. Mendoza, Deputy City Clerk III. ADJOURN TO CLOSED SESSION Reauest for Closed Session: None MINUTES PALM DESERT HOUSING AUTHORITY MEETING AUGUST 25, 2016 With Authority Board concurrence, Chairman Spiegel adjourned the meeting to Closed Session of the City Council and Successor Agency at 3:05 p.m. He reconvened the meeting at 4:01 p.m. IV. RECONVENE REGULAR MEETING - 4:00 P.M. A. REPORT ON ACTION FROM CLOSED SESSION. None V. CONSENT CALENDAR A. MINUTES of the Housing Authority Meeting of July 28, 2016. Rec: Approve as presented. B. CLAIMS AND DEMANDS AGAINST THE CITY/HOUSING TREASURIES - Warrants Dated 7/22/2016, 7/29/2016, 8/5/2016, and 8/12/2016 (Joint Consideration with the Palm Desert City Council). Rec: Approve as presented. Upon a motion by Harnik, second by Tanner, and 5-0 vote of the Authority Board (AYES: Harnik, Jonathan, Tanner, Weber, and Spiegel; NOES: None), the Consent Calendar was approved as presented. VI. CONSENT ITEMS HELD OVER None VII. RESOLUTIONS None 2 MINUTES PALM DESERT HOUSING AUTHORITY MEETING AUGUST 25, 2016 VII1. NEW BUSINESS A. REQUEST FOR APPROVAL OF DOWN PAYMENT ASSISTANCE LOANS FROM ANY AVAILABLE FUNDING SOURCE RESTRICTED FOR THIS PURPOSE IN AN AMOUNT NECESSARY TO SECURE AN AFFORDABLE HOUSING COST ASSOCIATED WITH A DIRECT SALE IN DESERT ROSE - 75-436 WILDFLOWER LANE (APN 634-061-009) (JOINT CONSIDERATION WITH THE PALM DESERT CITY COUNCIL). Senior Management Analyst Veronica Tapia said this transaction was a direct sale between an independent seller and buyer. The Housing Authority was merely offering home buyer assistance to facilitate the transaction and maintain the affordability covenant. Councilman/Member Jonathan moved to, by Minute Motion: 1) Approve a silent down payment assistance loan associated with a direct sale in Desert Rose, not to exceed 40% of a sales price of $132,390 to ensure an affordable housing cost pursuant to California Health & Safety Code Section 50052.5 for a qualified low- or moderate -income household from any available funding source restricted for such purpose (Low and Moderate Income Housing Asset Fund, BEGIN Fund and Housing Mitigation); 2) Authorize the payment of the transaction costs if necessary for the purpose of repairs required for closing, fees customary to real estate transactions in Riverside County including escrow, title, FHA fees, inspections, vermin eradication, commissions and disclosures up to a maximum of $3,500; 3) authorize use of the Desert Rose Sales Program and documents, including the restrictive covenant and loan documents for the applicable funding source, and authorize the Mayor to execute; 4) authorize Director of Finance to draw monies from the relative funds to facilitate the transaction; 5) authorize Authority Chairman and/or the Authority's Executive Director, or his designee, to finalize and execute any ancillary documents necessary to effectuate the actions taken herewith - monies are available in the appropriate account in the Low and Moderate Income Housing Asset Fund, BEGIN Fund and Housing Mitigation Fund. Motion was seconded by Tanner and carried by a 5-0 vote (AYES: Harnik, Jonathan, Tanner, Weber, and Spiegel; NOES: None). IX. CONTINUED BUSINESS None X. OLD BUSINESS None XI. PUBLIC HEARINGS None 3 MINUTES PALM DESERT HOUSING AUTHORITY MEETING AUGUST 25, 2016 XII . REPORTS, REMARKS, AND AUTHORITY BOARD ITEMS REQUIRING ACTION A. EXECUTIVE DIRECTOR None B. AUTHORITY COUNSEL None C. CHAIRMAN AND MEMBERS OF THE AUTHORITY None XIII. ORAL COMMUNICATIONS - C None XIV. ADJOURNMENT With Authority Board concurrence, Chairman Spiegel adjourned the meeting at 4:47 p.m. ATTEST: ,..)Zs.e.,..." ROBERTA. SPIeGEtZ'CNAIRMAN _..AA.e_c_. /, ar7C-7,--e-•-.. GRA L. MENDOZA, ACTING ECRETARY PALM DESERT HOUSING AUTHORITY 4