HomeMy WebLinkAboutItem 2c: Appropriation of $30,000 Affordable Housing Reserves for Tenant Relocation, Asbestos & Lead Paint Abatement & Site Clearance of 19 Lucile StreetDATE: November 16, 2010
TO: Chairman and Members of the Agency Board
FROM: Jason Kruckeberg, Assistant City Manager /Development Services-
Director
By: Jerry Schwartz, Economic Development Manager -2
By:
SUBJECT: AUTHORIZE THE EXECUTIVE DIRECTOR TO APPROPRIATE $30,000
FROM ARCADIA REDEVELOPMENT AGENCY AFFORDABLE
HOUSING RESERVES TO FUND TENANT RELOCATION, ASBESTOS
AND LEAD PAINT ABATEMENT, DEMOLITON AND SITE CLEARANCE
RELATED TO 19 LUCILE STREET
Recommendation: Approve
BACKGROUND
On July 20, 2010, the Arcadia Redevelopment Agency (Agency) approved a budget
allocation from Agency low and moderate income housing fund reserves to fund the
purchase of the property at 19 Lucile Street. The purpose of the purchase was to
combine it with the adjoining lot at 15 Lucile Street to create a larger affordable housing
site. Staff is ready to complete the relocation process and has bids to demolish the
structure and clear the site to prepare it for a future housing project. An appropriation is
sought to fund these services.
DISCUSSION
STAFF REPORT
Arcadia Redevelopment Agency
On July 20, 2010, the Agency authorized the purchase of the property located at 19
Lucile Street. Escrow closed on the property in August. Since that time, Overland,
Pacific & Cutler, a relocation specialist, has worked with the renters to secure a new
residence for their relocation. That process is nearing completion as a larger unit has
been identified nearby as their new home. The Agency is responsible for paying the
actual moving costs, security deposit, and any difference in rent between their current
location and new residence.
Once the family is successfully relocated, the Agency will arrange for asbestos and lead
paint abatement, and demolition and site clearance. Bids have already been secured
for these services.
Staff is requesting an appropriation of $30,000 at this time to fund the relocation and the
steps to demolish the building and clear the site. The breakdown of the appropriation
request is as follows:
Relocation Costs, including consultant and moving costs: $10,000
Abatement of Asbestos and Lead Paint: $10,000
Demolition and clearance of the site: $10,000
Once cleared, the site will be combined with 15 Lucile Street to create a site for an
affordable housing project that will be brought back to the Council at a future meeting
for review.
FISCAL IMPACT
The $30,000 appropriation will be taken from the Arcadia Redevelopment Agency
unprogrammed reserves for low and moderate income housing. This is the 20% "set
aside" money that is required to be used for affordable housing projects within the City.
There is no impact to the General Fund as a result of this action. The Agency has
adequate reserves in the low /mod housing account to fund this appropriation.
RECOMMENATION
Authorize the Executive Director to appropriate $30,000 from Arcadia Redevelopment
Agency affordable housing reserves to fund tenant relocation, asbestos and lead paint
abatement, demolition and site clearance related to 19 Lucile Street.
Approved:
Donald Penman, City Manager /Executive Director
November 16, 2010
19 Lucile
Page 2 of 2