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Res H-17-01RESOLUTION NO. H-17-01 A RESOLUTION OF THE POWAY HOUSING AUTHORITY, ACTING AS HOUSING SUCCESSOR TO THE POWAY REDEVELOPMENT AGENCY EXTENDING THE TIME PERIOD IN WHICH CERTAIN PROPERTY MUST BE DEVELOPED FOR AFFORDABLE HOUSING IN ACCORDANCE WITH HEALTH AND SAFETY CODE SECTION 33334.16 WHEREAS, on December 29, 2011, the California Supreme Court rendered its decision in California Redevelopment Association v. Matosantos, upholding ABx1 26 ("Dissolution Act"); WHEREAS, as a result of the California Supreme Court's decision, all redevelopment agencies in the State of California, including the Redevelopment Agency for the City of Poway (former RDA) dissolved as of February 1, 2012; WHEREAS, on January 17, 2012, the Poway City Council adopted Resolution No. 12-010 accepting the City of Poway's role as Successor Agency to the former Poway Redevelopment Agency (Successor Agency); WHEREAS, as of and after February 1, 2012 all assets, properties, and contracts of the former RDA were transferred, by operation of law, to the Successor Agency; WHEREAS, pursuant to the Dissolution Act, on January 17, 2012, the Poway City Council approved Resolution No. 12-010 to elect to retain all housing assets and assume the affordable housing functions of the former Agency as of February 1, 2012 as Housing Successor Agency to the former RDA (Housing Successor Agency); WHEREAS, the former RDA acquired eight (8) properties (Properties) with low and moderate income housing funds prior to February 1, 2012 described as (1) 12674 Monte Vista Rd (275-460-61), (2) 13021-13023 Poway Road (317-472-01), (3) 13031 Poway Road (317-472-06), (4) Twin Peaks Road (321-190-28); (5) 12341 Oak Knoll Road (317- 152-14), (6) 13424 Scots Way (314-230-26), (7) 14048 Sycamore Avenue (314-214-18), and (8) Wanesta Drive (317-101-51 & 52); WHEREAS, pursuant to Health & Safety Code (HSC) Section 33334.16, any agency acquiring real property with affordable housing funds prior to February 1, 2012, "shall, within five years from the date it first acquires the property interest for the development of housing affordable to persons and families of low and moderate income, initiate activities consistent with the development of the property for that purpose." These activities may include, but are not limited to, zone changes or agreements entered into for the development and disposition of property; WHEREAS, the five-year time period, as described in HSC Section 33334.16, shall be deemed to have commenced on the date that the Department of Finance approved the property as a housing asset in the Housing Asset Transfer Form, which was on August 31, 2012; Resolution No. H-17-01 Page 2 WHEREAS, pursuant to Health and Safety Code Section 33334.16, the Housing Successor Agency Board is authorized to extend the deadline to initiate activities by an additional five years upon affirming the intention to develop housing affordable to households of low and moderate income; and WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred. NOW, THEREFORE, BE IT RESOLVED by the Poway Housing Authority, as Housing Successor Agency to the Redevelopment Agency of the City of Poway, as follows: Section 1: The above recitals are true and correct. Section 2: The Housing Successor Agency hereby extends the time -period in which certain property must be developed for affordable housing in accordance with HSC Section 33334.16. Section 3: The Housing Successor hereby authorizes and directs staff to take all actions necessary under the Dissolution Act for approval of the transfer of the aforementioned Properties. Section 4: The Poway Housing Authority Chairman shall sign this resolution, and the Clerk shall attest and certify to the passage and adoption thereof. Section 5: The Housing Successor declares that, should any provision, section, paragraph, sentence or word of this resolution be rendered or declared invalid by any final court action in a court of competent jurisdiction, or by reason of any preemptive or inconsistent legislation, the remaining provisions, sections, paragraphs, sentences and words of this resolution shall remain in full force and effect. PASSED, ADOPTED AND APPROVED by the Poway Housing Authority at a regular meeting this 18th day of August 2017. Steve Vaus, Chairman Poway Housing Authority ATTEST: 1. Nancy Wedf6ld,tMC, Secretary Poway Housing Authority Resolution No. H-17-01 Page 3 STATE OF CALIFORNIA ) ) SS COUNTY OF SAN DIEGO) I, Nancy Neufeld, Secretary of the Poway Housing Authority, do hereby certify under penalty of perjury that the foregoing Resolution No. H-17-01 was duly adopted by the Commissioners' at a meeting of said Housing Authority held on the 18th day of August 2017 and that it was so adopted by the following vote: AYES: GROSCH, LEONARD, MULLIN, VAUS NOES: NONE ABSENT: CUNNINGHAM DISQUALIFIED: NONE Nancyy kit 6fee d, CMC, Secretary Poway Housing Authority L