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HomeMy WebLinkAboutRedevelopment Agency/Florida/Utica Enhancement Area 36 Unit^ REQUEST FOR CITY COUNCIL ACTION Date September 8, 1992 Submitted to: Honorable Mayor and City Council Members Submitted by: Michael T. Uberuaga, City Administra r7:::�— Prepared by: Mike Adams, Community Development Direc _ Subject: FLORIDA/UTICA ENHANCEMENT AREA/ APPROVED BY CITY COUNCIL 36 UNIT REHABILITATION PROPOSAL Consistent with Council Policy? [ ] Yes [ ] New Policy or Excep i CITY CLERK Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attachments: STATEMENT OF ISSUE: Mounting problems in the residential area bounded by Beach Boulevard, Utica Avenue, Florida Street and Yorktown Avenue, together with complaints from area residents, prompted the City Council to form an Area Task Force for the purpose of developing strategies to combat crime and the rampant drug trafficking that was overtaking the area. Headed by the Chief of Police, this task force was made up of staff members from the departments of Community Development, Economic Development, Community Services and the City Attorney's Office. It's first meeting was held on September 4, 1990. A public meeting was also held the same month, and the task force has been meeting monthly ever since. Early efforts in the Florida -Utica neighborhood were focused on an. increased police presence and code enforcement activities. A larger section of the area was designated a neighborhood enhancement area by HUD in 1990 so that Community Development Block Grant (CDBG) funds could be designated for housing, rehabilitation and public improvements. Also, the CDBG funded Operation LOGOS Program has been active in the area by clearing away trash and removing graffiti from public property. Currently, the above listed activities have been supplemented by neighborhood watch meetings; an intensive three week police presence in October of 1991; the well -publicized creation of an office for use by the police at 729 Utica Avenue; and enhanced lighting, along with infrastructure improvements are planned within the next year. PI O 5/85 As a follow-up to the Utica/Florida Task Force recommendations, staff have had meetings with owners of the run-down and crime ridden 36 unit apartment complex located at 725, 729 and 733 Utica Street. These meetings have resulted in a staff supported proposal by the owners to participate in a neighborhood enhancement effort. This proposal is as follows: 1) make available, through use of Redevelopment set aside funds, a low interest deferred loan for the purpose of completely rehabilitating all 36 units; 2) provide a grant to construct and install landscaping, irrigation system, fencing, yard lights, security system, childrens recreational area and reconstructed carports. RECOMMENDATION • Motion to: 1. "Authorize Community Development staff to negotiate, subject to City Council approval action, a financial assistance plan together with the appropriate agreements between the City and owners of the 36 unit residential complex located at 725-733 Utica Street." ANALYSIS: This proposal together with the City's recent commitment of the use of Community Development Block Grant (CDBG) funds to upgrade certain public improvements (street lighting, sidewalks, parkway trees, etc.) will produce a completely new image for the neighborhood and controlled living environment for the tenants. In return for the City's investment, an Owner Participation Agreement (OPA) and a Loan Agreement will be designed conditioning specific requirements such as a thirty (30) year covenant assuring tenant affordability at the very -low level, and -specific language requiring escrowed deferred maintenance funds and that professional management be provided responsibility for daily property management and tenant control. Staff has estimated the total cost for this on -site rehabilitation effort to be approximately $600,000, of which approximately $100,000 would be in the form of a conditional grant and approximately $500,000 as a deferred loan. Allocation of these funds will be subject to a specific Finding of Benefit Resolution for use of Redevelopment Set -A -Side funds outside of adopted Redevelopment Project Areas. In order to be consistent with past Finding of Benefit, this specific Resolution will be heard in conjunction with proposed contractural agreements. It is anticipated that there will be no tenant evictions through the rehabilitation construction, rather relocation to existing vacant units. RCA 9/18/92 -2- (3827d) This proposal was presented to the City's Affordable Housing Task Force at their May 6th meeting and was unanimously supported. Of course, a public hearing before the City Council will be required at the time an Owner Participation Agreement is submitted for approval. FUNDING SOURCE• Adopted FY 92/93 Florida/Utica Rehabilitation Capital Improvement Funds MTU:MA: Poo :jr RCA 9/18/92 -3- (3827d)