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HomeMy WebLinkAboutRDA Reso 20-2010RESOLUTION NO. 20-2010 REDEVELOPMENT AGENCY, CITY OF SOiJT'H SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AUTHORIZING THE E:xPENDITURE OF TAX INCREMENT FUNDS FOR THE R)=CHABILITATION OF 339 COMMERCIAL AVENUE, ADOPTING FINDINGS REQUIRED BY HEALTH AND SAFETY CODE SECTION 33445, AND AUTHORIZING AWARD OF A. CONTRACT FOR THE PROJECT TO HARGENS INC. IN AN AMOUNT NOT TO EXCEED $85,503.45 WHEREAS, the Redevelopment Agency of the City of South San Francisco (the "Agency") has acquired the property located within the Downtown/Central Redevelopment Project Area (the "Project Area") at 339 Commercial Avenue (the "Property"); WHEREAS, the building located on the Property includes two (2) residential units that are rented at affordable rents to very low-income households; WHEREAS, the Agency intends to undertake necessary rehabilitation of the building located on the Property (the "Project"); WHEREAS, on August 16, 2010, Agency staff sent informal bid notices to six (6) contractors for the project, and on August 23, 2010, Agency staff conducted apre-bid site inspection that was attended by six (6) contractors; WHEREAS, on August 31, 2010, the bid period closed and no responsive bids were received. Therefore, pursuant to California Public Contracts Code, Section 20166, the Agency negotiated directly with two potential contractors, and F[argens Inc. ("Contractor") was selected. The Hargens Inc. bid in the amount of $85,503.45 was comprehensive and the lowest responsible bid for the rehabilitation of 339 Commercial Avenue; WHEREAS, Health and Safety Code Section 33445 provides that a redevelopment agency may, with the consent of the legislative body, pay for all or a portion of the cost of for land and cost of construction of any building, facility, structure, or other improvements that are publicly owned and located within or contiguous to the redevelopment project area if the legislative body determines all of the following: a. The buildings, facilities, structures, or other improvements are of benefit to the project area by helping to eliminate blight within the project area or providing housing for low- or moderate-income persons; b. No other reasonable means of financing the acquisition of the land and installation or construction of the buildings, facilities, structures, or other improvements is available to the community; and c. The payment of funds for the acquisition of land and the cost of buildings, facilities, structures, or other improvements is consistent vvith the Five Year Implementation Plan adopted by the Agency pursuant to Section 33490; WHEREAS, the proposed expenditure of tax increment funds for the Project will enable the Agency to rehabilitate a residential building that provides lvvo (2) units of housing affordable to very low-income households; WHEREAS, the expenditure of tax increment funds fir the Project will be of benefit to the Project Area by eliminating blight and by providing affordable housing; WHEREAS, the expenditure of tax increment funds for the Project is consistent with the Implementation Plan adopted by the Agency pursuant to Health and Safety Code Section 33490, in that the Project will further the goals and objectives of the Redevelopment Plan, improve the appearance of the Project Area, and provide housing affordable to very low-income households; and WHEREAS, the Project will not generate sufficient cash flow to the City of South San Francisco (the "City") or the Agency, and therefore cannot support debt service; the City has no unrestricted general fund revenue available for the Project without a reduction in vital community services; and the City does not have and cannot reasonably obtain revenue available for such purposes, and therefore no other reasonable means of financing the Project exists. NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of South San Francisco that it hereby: 1. Finds based upon the foregoing recitals and the evidence set forth in the staff report accompanying this Resolution, that: (i) the expenditure of t:ax increment funds for the Project will be of benefit to the Project Area by helping to eliminate blight within the Project Area and providing housing affordable to very low-income households, (ii) no other reasonable means of financing the Project is reasonably available, and (iii) completion of the Project is consistent with the Implementation Plan adopted for the Project Area. 2. Approves the expenditure of tax increment funds in the amount of Eighty Five Thousand, Five Hundred and Three Dollars and Forty-Five Cents ($85,503.45) for the Project. 3. Authorizes the Executive Director to execute a consl:ruction contract with Hargens Inc. for the Project in the amount of Eighty Five Thousand, Five Hundred and Three Dollars and Forty-Five Cents Dollars ($85,503.45). 4. Authorizes the Executive Director to undertake such. other actions and to execute such other instruments as may be necessary or desirable in order to carry out the intent of this Resolution. I hereby certify that the foregoing Resolution was re;;ularly introduced and adopted by the Redevelopment Agency of the City of South San Francisco at a regular meeting held on the 13t" day of October, 2010 by the following vote: AYES: Boardmembers Pedro Gonzalez, Richard A. (Jarbarino, and Karyl Matsumoto, Vice Chair Kevin Mullin and Chairman Mark Addie~o NOES: None ABSTAIN: None ABSENT: ATTEST: City Clerk