HA Resolution 2017-005 Low & Moderate Income Housing ExtensionRESOLUTION NO. HA 2017 — 005
A RESOLUTION OF THE LA QUINTA HOUSING AUTHORITY
APPROVING AN EXTENSION OF TIME FOR AN ADDITIONAL
PERIOD OF FIVE (5) YEARS, AND AFFIRMING THE
INTENTION, TO USE AND/OR DEVELOP SPECIFIED
PROPERTIES FOR LOW AND MODERATE INCOME HOUSING
PURSUANT TO HEALTH AND SAFETY CODE SECTION
34176.1(e)
WHEREAS, prior to the dissolution of redevelopment agencies, the
Redevelopment Agency of the City of La Quinta ("Former Redevelopment Agency")
was responsible for administering the Redevelopment Plan; and
WHEREAS, pursuant to Health and Safety Code Section 33334.2, the Agency set
aside a portion of the tax increment revenue in the Agency's Low and Moderate
Income Housing Fund for the purpose of increasing, improving, and preserving the
supply of low and moderate income housing; and
WHEREAS, the former Redevelopment Agency of the City of La Quinta acquired
certain real properties listed in "Exhibit A" (the "Properties" and individually, a
Property") with Low and Moderate Income Housing Fund money; and
WHEREAS, Health and Safety Code Section 33334.16 required that within five
5) years of the date of acquisition of the Properties, subject to an additional five (5) -
year extension when authorized by the City Council, activities were to begin which are
consistent with the use and/or development of the Property for affordable housing, or
the Property shall be sold and the net proceeds returned to the Low and Moderate
Income Housing Fund; and
WHEREAS, following the dissolution of redevelopment agencies, the Properties
were transferred to the La Quinta Housing Authority ("Housing Authority") as the
housing successor agency" under the state dissolution law (Parts 1.8 and 1.85 of
Division 24 of the Health and Safety Code) when the Former Redevelopment Agency
dissolved on February 1, 2012; and
WHEREAS, pursuant to the state dissolution law, the Housing Authority, as the
housing successor agency," may exercise all rights, powers, assets, duties, and
obligations associated with the housing activities of the Former Redevelopment
Agency under the Community Redevelopment Law (Health and Safety Code section
33000 et seq.); and
WHEREAS, pursuant to Health and Safety Code Section 34176.1(e), the five (5)
year time period of properties acquired by the Former Redevelopment Agency prior to
February 1, 2012 shall be deemed to have commenced on the date that the California
Resolution No. HA 2017-005
Extension of Time to Use or Develop Properties
Adopted: December 19, 2017
Page 2 of 4
Department of Finance approved the Properties as "housing assets" as defined under
the state dissolution law; and
WHEREAS, the California Department of Finance approved the Properties as
housing assets" when it approved the Housing Asset Transfer form by letter dated
August 31, 2012; and
WHEREAS; pursuant to Health and Safety Code Section 33334.16, the legislative
body may, by resolution, extend the period during which the Housing Authority may
retain the property for one additional period not to exceed five (5) years; and
WHEREAS, the Housing Authority requests the passage of a resolution to
extend the five (5) year time frame of ownership of the Property and affirm its
intention to develop the Property with Low and Moderate Income Housing within the
extended five (5) year period.
NOW, THEREFORE, BE IT RESOLVED, by the La Quinta Housing Authority, as
follows:
SECTION 1. The Recitals set forth above are true and correct and incorporated herein
by reference.
SECTION 2. Pursuant to Health and Safety Code Section 33334.16, the period during
which the Housing Authority may retain the property shall be extended for five (5)
years from the end date of the initial five (5) year period, August 31, 2012 and shall
end August 31, 2022.
SECTION 3. The Housing Authority does hereby affirm that the property shall be used
for the development of affordable housing for low and moderate income persons and
families.
SECTION 4. This resolution shall take immediate effect from and after its passage
and approval.
PASSED, APPROVED, and ADOPTED at the meeting of the La Quinta Housing
Authority held this
19th day of December 2017, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Authority Members Evans, Peña, Radi, Sanchez, Chairperson Fitzpatrick
None
None
None
Resolution No. HA 2017-005
Extension of Time to Use or Develop Properties
Adopted: December 19, 2017
Page 3 of 4
KATHLEEN FITZPATRICK, Chairperson
La Quinta Housing Authority
ATTEST:
SUSAN MAYSELS, Secretary
La Quinta Housing Authority
AGENCY SEAL)
APPROVED AS TO FORM:
WILLIAM H. IHRKE, Attorney
La Quinta Housing Authority
Resolution No. HA 2017-005
Extension of Time to Use or Develop Properties
Adopted: December 19, 2017
Page 4 of 4
PROPERTY LIST
EXHIBIT A
Type of Asset
Vacant Land
Legal Description
600-030-004, 020, and 021
Dune Palms / Westward Ho
Vacant Land
Vacant Land
Date of Acquisition
2006 through 2010
773-223-022
Avenida Herrera / Calle Sonora
733-233-019
Avenida Villa between Calle
Durango / Calle Sonora
Vacant Land
Vacant Land
June 2007
March 1993
773-234-015
Avenida Navarro between Calle
Durango / Calle Sonora
770-174-002
Calle Tamazula south of Avenida
La Fonda
February 1993
October 1990