City Council

A. Consideration of Resolution No. 2024-13 Approving the Amended and Restated Joint Exercise of Powers Agreement Relating to the California Statewide Community Development Authority (CSCDA), and Resolution No. 2024-14 Consenting to the Inclusion of the Property Located At 126 North New Avenue, Monterey Park, California, which is Partially Located in the City of Rosemead in the CSCDA Open PACE Program at the Request of the Property Owner for its Whitmore Villa Project The property owner of 126 North New Avenue, Monterey Park, CA is requesting that the City of Rosemead: 1) join the California Statewide Communities Development Authority (CSCDA), created in 1988 under California’s Joint Exercise of Powers Act, and 2) consent to the inclusion of a portion of the said lot within the boundaries and jurisdiction of the City of Rosemead in CSCDA’s Open PACE Program. The said property is 2.84-acres in total area (one lot), of which 2.80-acres is located within Monterey Park and 0.04- acre is located within the City of Rosemead. Recommendation: That the City Council take the following actions: 1. Adopt Resolution No. 2024-13, entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA APPROVING, AUTHORIZING AND DIRECTING EXECUTION OF AN AMENDED AND RESTATED JOINT EXERCISE OF POWERS AGREEMENT RELATING TO THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 2. Adopt Resolution No. 2024-14, entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA CONSENTING TO THE INCLUSION OF THE PROPERTY LOCATED AT 126 NORTH NEW AVENUE, MONTEREY PARK, CALIFORNIA, WHICH IS PARTIALLY LOCATED IN THE CITY OF ROSEMEAD, IN THE CSCDA OPEN PACE PROGRAM; AUTHORIZING THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY TO ACCEPT AN APPLICATION FROM THE OWNER OF SUCH PROPERTY, CONDUCT CONTRACTUAL ASSESSMENT PROCEEDINGS AND LEVY CONTRACTUAL ASSESSMENTS ON SUCH PROPERTY; AND AUTHORIZING RELATED ACTIONS Staff Report