HomeMy WebLinkAboutCC RES 25-01Docusign Envelope ID: 3797843A-1A46-4777-851F-5399B030FC6B
RESOLUTION NO. 25-01
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN,
CALIFORNIA, AUTHORIZING THE CITY MANAGER AND/OR THE TUSTIN
HOUSING AUTHORITY EXECUTIVE DIRECTOR, OR THEIR DESIGNEE, TO
EXECUTE ALL AFFORDABLE HOUSING AGREEMENTS REQUIRED FOR
THE REFINANCING OR THE SALE OF AFFORDABLE HOUSING UNITS
The City Council of the City of Tustin hereby finds, determines and declares as follows:
A. The City of Tustin is a municipal corporation of the State of California
("City"); and
B. Pursuant to California Housing Authorities Law (Health and Safety Code
section 34200, et seq.), on March 15, 2011, the City Council of the City
("City Council") adopted Resolution No. 11-20 establishing the Tustin
Housing Authority ("Housing Authority"); and
C. The Former Community Redevelopment Agency ("Agency") was a
community redevelopment agency organized and existing under the
California Community Redevelopment Law, Health and Safety Code
Sections 33000, et seq. ("CRL"), with the authority to transact business and
exercise the powers of a redevelopment agency pursuant to action of the
City Council of the City; and
D. On December 29, 2011, in California Redevelopment Association v.
Matosantos, Case No. S194861, the California Supreme Court upheld AB
X1 26, which dissolves all of the redevelopment agencies in California, and
invalidated AB X1 27 that had allowed redevelopment agencies to remain
in existence if the opted in to the "Voluntary Alternative Redevelopment
Program" ("Program"); and
E. Effective February 1, 2012, all California redevelopment agencies were
dissolved as a result of the implementation of ABx1 26; and
F. On January 17, 2012, City Council adopted Resolution No. 12-08 declining
to assume the housing assets and functions of the former Agency and
stating the City's intention that the Housing Authority assume all rights,
powers, assets, duties, and obligations associated with the housing
activities of the former Agency; and
G. Pursuant to Resolution No. 12-08, the City Manager was authorized and
directed to take such other and further actions, and sign such other and
further documents, as are necessary and proper to implement Resolution
No. 12-08; and
Resolution 25-01
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H. On January 17, 2012, the Housing Authority adopted Resolution HA No. 12-
01 agreeing to assume all rights, powers, assets, duties, liabilities, and
obligations associated with the housing activities of the former Agency; and
Pursuant to Resolution HA No. 12-01, the Housing Authority Executive
Director was authorized to take all actions necessary and proper in order to
implement the assumption of assets and functions on behalf of the Housing
Authority; and
J. On August 1, 2012, pursuant to Health and Safety Code section 34176,
adopted as part of Assembly Bill No. 1484, the Housing Authority submitted
the Housing Assets List to the California Department of Finance ("DOF")
and DOF approved the List; and
K. On September 18, 2012, the City Council adopted Resolution No. 12-81,
authorizing the City Manager and/or the Tustin Housing Authority, or their
designee, to execute all affordable housing agreements required for the
refinancing or the sale of affordable housing units; and
L. The authority was limited to the Housing Authority's existing affordable
housing inventory and the inventory is increasing with the addition of two
(2) very -low income ownership units at The Jessup and as additional
affordable ownership units are developed; and
M. In order to fully perform the functions of the Housing Authority, the City
Council desires to reaffirm and extend the authority of the City Manager
and/or Housing Authority Executive Director, or their designee, to execute
any and all affordable housing documents associated with the refinancing
or the sale of existing and future affordable housing units.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF TUSTIN:
Section 1. The above recitals are true and correct, are a substantive part of this
Resolution, and are adopted as the findings of the City Council.
Section 2. The City Manager and/or Housing Authority Executive Director, or
their designee, is hereby authorized to execute any and all affordable housing documents
necessary to facilitate the refinancing or the sale of existing and future affordable housing
units; however, this authority shall not include contracts related to the option to purchase
an affordable housing unit or cure a default as provided in the affordable housing
documents in the event of a default by the owner(s) of an affordable housing unit.
Section 3. This Resolution shall take effect immediately upon its adoption by
the City Council of the City of Tustin, and the Clerk of the City Council shall attest to and
Resolution 25-01
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certify the vote adopting this Resolution.
APPROVED AND ADOPTED at a regular meeting of the City Council of the City
of Tustin on the 7t" day of January 2025.
Signed by:
AU tfq-EUMBARD,
Mayor
ATTEST:
DS
Signed by:
tviC& aSu�a
ER'°P 0#ASV 1 DA,
City Clerk
APPROVED AS TO FORM:
DOCUSigned by:
DAb`iD8EE 31KLENDIG,
City Attorney
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN )
I, Erica N. Yasuda, City Clerk and ex-officio Clerk of the City Council of the City of Tustin,
California, do hereby certify that the whole number of the members of the City Council of
the City of Tustin is five; that the above and foregoing Resolution No. 25-01 was duly
passed and adopted at a regular meeting of the Tustin City Council, held on the 7t" day
of January, 2025, by the following vote:
COUNCILMEMBER AYES: Lumbard, Nielsen, Gallagher, Schnell, Fink (5)
COUNCILMEMBER NOES: (0)
COUNCILMEMBER ABSTAINED: (0)
COUNCILMEMBER ABSENT: (0)
COUNCILMEMBER RECUSED: (0)
�`Signed by: r6D
t',V i, U"'Sa-
ER16AD 16 YASUo DA,
City Clerk
Resolution 25-01
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