Corona

City Council

August 21, 2024 Item #25

Agenda Item 25

25. PUBLIC HEARING - PUBLIC HEARING FOR THE AUTHORITY BOARD AND CITY\nCOUNCIL CONSIDERATION OF THE AFFORDABLE HOUSING DISPOSITION AND\nDEVELOPMENT AGREEMENT (CORONA 2ND STREET FAMILY APARTMENTS) WITH\nSECOND STREET FAMILY, LP\nThat the Authority Board:\na. Adopt Resolution No. 2024-089, declaring that the approximately 5.00 acres of\nproperty located at the southwest and southeast corners of Second Street and\nBuena Vista Avenue is exempt surplus land under the Surplus Land Act.\nb. Adopt Resolution No. 2024-088, making certain findings under Health and Safety\nCode Section 33433 and approving an Affordable Housing Disposition and\nDevelopment Agreement with Second Street Family, LP, for the property located\nat the southwest and southeast corners of Second Street and Buena Vista\nAvenue.\nThat the City Council:\na. Adopt Resolution No. 2024-087, approving an Affordable Housing Disposition\nand Development Agreement with Second Street Family, LP, for the property\nlocated at the southwest and southeast corners of Second Street and Buena\nVista Avenue, and approving the deferral of development impact fees.\nAgenda