R-8416
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RESOLUTION NO.
8416
(CCS)
(City council Series)
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA
AUTHORIZING AN AGREEMENT TO SELL PROPERTY AT 2807-09 LINCOLN
BOULEVARD TO VOLUNTEERS OF AMERICA, INCORPORATED
WHEREAS, the city of Santa Monica (hereinafter "city") owns
certain real property located at 2807-09 Lincoln Boulevard in the
city of Santa Monica, (hereinafter "Property"); and
WHEREAS, the City of Santa Monica desires to sell the property
to the Volunteers of America, Incorporated ("VOA"), who will
prepare an application for a united states Department of Housing
And Urban Development (IIHUD") Section 202 grant to develop
affordable senlor housing units on the site; and
WHEREAS, the City of Santa Monica has caused notice of intent
to sell property to be published in a local newspaper and posted
notice on the Property providing information on the date and time
of a public hearing; and
WHEREAS, the Clty Council has held a public hearing at 7:30
p.m. on June 9, 1992 to hear from the public on the proposed sale
of the property.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA
DOES RESOLVE AS FOLLOWS:
SECTION 1. The City of Santa Monica agrees to sell the
Property to VOA subject to:
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A. VOA' s receipt of a grant commitment in 1992 from the
BUD section 202 program for purposes of constructing affordable
senlor housing;
B. Compliance with the provlslons of the California
Environmental Quality Act.
C. Execution of an agreement entitled option to
Purchase between the City and VOA.
SECTION 2. Municipal Code Section 2508A provides that the
sale of real property shall be by notice inviting bids unless the
city Councll finds that advertising for bids would not be in the
best lnterests of the Clty. The City Council finds that advertis-
ing for bl.ds would not be in the best interests of the City
because:
(1) The city has determined that the development of rental
housing units for low income seniors is of benefit to the City of
Santa Monlca:
(2) The city has identified the BUD Section 202 grant program
as the most sui table source of funding necessary in order to
develop such housing, and thlS funding is available only to
qualified nonprofit developers: and
(3) The ci ty has found VOA to be the most suitable and
qualified nonprofit developer, with experience in working with the
HUD Section 202 grant program, to develop such housing in Santa
Monica.
SECTION 3. The city Manager is authorized to negotiate and
to execute an agreement entitled Option to Purchase between the
City of Santa Monica and VOA regarding the exclusive right to
purchase the property, contingent upon VOA' s receipt of a BUD
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Sectlon 202 grant commitment.
SECTION 4. The City Clerk shall certify to the adoption of
thlS Resolution, and thenceforth and thereafter the same shall be
in full force and effect.
APPROVED AS TO FORM:
~loA..~
Robert M. Myers U
Clty Attorney
:d:\lncln202\ccresolu
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Adopted and approved this 9th day of June, 1992.
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Hayor
I hereby certify that the foregoing Resolution No. 8416(CCS)
was duly adopted by the City Council of the City of Santa Monica
at a meetlng thereof held on June 9, 1992 by the following
council vote:
Ayes: Councilmembers: Abdo, Genser, Holbrook, Ka t z ,
Olsen, Vaz guez , Zane
Noes: councilmembers: None
Abstain: Councilmembers: None
Absent: Councilmembers: None
ATTEST:
&. PI:
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~r - City ClerX