REPORT TO THE CITY COUNCIL
June 16, 2016
TO City Council
FROM CLAUDIA RUIZ, Economic Development Coordinator
Mayor & City Manager's Office
THROUGH RENENA SMITH, Assistant City Manager
Mayor & City Manager's Office
SUBJECT
Title
Actions pertaining to the Cesar Chavez Foundation Project located at the 5100 block of E. Kings Canyon Road
1. ***RESOLUTION - Authorizing Application for the Affordable Housing and Sustainable Communities Program and Authorizing Execution of Program Documents - Cesar Chavez Project (District 5)
2. Approve Amended Disposition and Development Agreement between Cesar Chavez Foundation and the City of Fresno
3. Approve a Waiver of Development Impact Fees in the amount of $648,133.42.
Body
RECOMMENDATION
Developer requests that City Council approve the Amended Disposition and Development Agreement ("Amended DDA") between Cesar Chavez Foundation ("Developer") and the City of Fresno; approve the Resolution authorizing the application for the Affordable Housing and Sustainable Communities ("AHSC") Program and execution of program documents; and approve a waiver of development impact fees in the amount of $648,133.42.
EXECUTIVE SUMMARY
The Developer has a $31.7 million project that consists of a 135-unit affordable multi-family development (89 family & 46 senior units) and Sustainable Transportation Infrastructure (STI) components such as improved walk paths, dedicated bike paths and crosswalks, connecting residents to, major retail, social services, education, employment opportunities, and future Bus Rapid Transit services. They have been successful in passing the first round of the AHSC application process. The next step in this process is Council approval of a resolution authorizing execution of program documents, amending the DDA to make the City of Fresno the fiscal agent of the grant should it be awarded and approving a waiver of development impact fees in the amount of $648,144.42.
BACKGROUND
The Aff...
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