RECOMMENDATION(S): (CONT'D)
4. ADOPT Resolution No. 2019/83 for the conveyance of real property to Gerardo and Ofelia Serrano, a married couple (Purchaser), in accordance with the purchase and sale agreement pursuant to Health and Safety Code sections 33430, 33431, and 33433, making specified findings supported by the Summary Report prepared in compliance with the requirements of Section 33433.
5. DETERMINE that this activity will not have a significant effect on the environment and that it has been determined to be exempt from the California Environmental Quality Act (CEQA) under State CEQA guidelines Section 15303.
6. DIRECT the Director of the Department of Conservation and Development (DCD) to file a Notice of Exemption with the County Clerk.
7. AUTHORIZE the Director of the Department of Conservation and Development (DCD to arrange for payment of a $50 fee to the County Clerk for filing of the Notice of Exemption.
8. DECLARE that the Notice to Sell Real Property was duly published in the Contra Costa Times in compliance with Govt. Code Section 6066.
9. DETERMINE the property is being transferred to improve, increase, or preserve the supply of low- and moderate-income housing available at affordable housing costs pursuant to Health and Safety Code Sections 33334.2 and 34176.1.
10. AUTHORIZE the Chair, Board of Supervisors, or designee, to execute the Grant Deed and all ancillary documents necessary to implement the sale of the Property, AUTHORIZE the Public Works Director, or designee, to execute the Purchase and Sale Agreement and all ancillary documents necessary to implement the sale of the Property on behalf of the County.
11. DIRECT the Real Estate Division of the Public Works Department to cause said Grant Deed to be delivered to Old Republic Title Company, 555 12th Street, Suite 2000, Oakland, CA 94607, their Escrow No. 1127021861-AS, for recording in the office of the County Clerk-Recorder.
FISCAL IMPACT:
The proceeds of sale of the Property shall be deposited in to the County's Low and Moderate Income Housing Asset Fund, created pursuant to Health and Safety Code Section 34176(d), which the County must spend subject to the provisions of Health and Safety Code Section 34176.1. The sale of the Property will generate $61,000 of funds that will be used to improve, increase, or preserve the supply of low- and moderate-income housing available at affordable housing costs, within Contra Costa County.
BACKGROUND:
Contra Costa County, in its capacity as housing successor to the Contra Costa County Redevelopment Agency (County) pursuant to Health and Safety Code Section 34176, owns certain real property located on 6th Street, North Richmond, which is more fully described in Exhibit A to the Resolution. The property was acquired on February 19, 2004, through a tax deed that was recorded as Instrument No. 2004-0054577. The Purchaser is the property owner of an adjacent substandard (25 ft. wide) parcel. The conveyance will enable the properties to be combined to create a standard residential lot. The proceeds from the sale will be available to further affordable housing opportunities in the County.
Because the property is a housing asset of the former Redevelopment Agency, its disposition is governed by the County, in its capacity as housing successor, and subject to the requirements of Health and Safety Code section 34176.
CONSEQUENCE OF NEGATIVE ACTION:
The County would continue to own and maintain the property and would not receive the anticipated $61,000 of sale proceeds and those funds would not be available to improve, increase, or preserve the supply of housing that is affordable to low-income and moderate-income households within Contra Costa County.