HomeMy WebLinkAboutRes2015-081 Sponsored by: Hunt
Public Hearing: September 14, 2015
CITY OF SEWARD,ALASKA
RESOLUTION 2015-081
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, AMENDING PREVIOUSLY ADOPTED CITY COUNCIL
RESOLUTION 2015-046,STRIKING THE TERM"NON-INCOME BASED"
AS USED THROUGHOUT IN REFERENCE TO THE SENIOR HOUSING
FACILITY
WHEREAS, Resolution 2015-046 authorized an agreement with the Kenai Peninsula
Housing Initiative (KPHI) donating land for the sole purpose of developing a non-income based
independent senior housing facility; and
WHEREAS,KPHI had applied for an Alaska Housing Finance Corporation(AHFC)Senior
Citizens Housing Development Fund(SCHDF)grant as the primary source for construction funds;
and
WHEREAS, the SCHDF program fund has been cut to a total of $900,000 available
statewide, with no more than$600,000 to any one applicant or project; and
WHEREAS, KPHI's development plan is for an initial six-plex facility with an estimated
cost of$1,600,000; and
WHEREAS, KPHI proposes to cover the shortfall with a combination of other grant
programs, cash, and loan(s); and
WHEREAS,one identified program,also through AHFC,requires a portion of the units,two
of the six in the proposed plan, would be limited to seniors earning no more than 50% of the Area
Median Income, i.e. income-based housing; and
WHEREAS,Resolution 2015-046,through findings established in the recitals and leading to
the conclusions drawn in the Sections would prohibit income-based housing;KPHI requests the City
Council amend the previously approved applicable language so as to allow access to other funding
sources.
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD,ALASKA that:
Section 1.The words"non-income based",as they appear in previously approved Resolution
2015-046, specifically in the Title, first Whereas, and Section 1, are hereby stricken.
Section,2. This Resolution shall take effect thirty(30) days after passage and posting.
CITY OF SEWARD,ALASKA
RESOLUTION 2015-081
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 14t1
day of September, 2015.
THE CITY OF SEWARD,ALASKA
an Bardarson,Mayor
AYES: Casagranda, Keil, Terry, Squires,Darling, Bardarson
NOES: None
ABSENT: Butts
ABSTAIN: None
ATTEST:
Johanna Ki ary, CMC
ity Clerk
(City Seal)
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Council Agenda Statement
Meeting Date: September 14, 2015
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From: Jim Hunt, City Manager ,4,, pa
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Agenda Item: To amend portions of previously approved %,
Resolution 2015-046 where the words "non- q WAY"
income based" are used in reference to the
proposed senior housing facility.
BACKGROUND &JUSTIFICATION:
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With the passage of Resolution 29ezr046 the City authorized an agreement with Kenai Peninsula
Housing Initiative(KPHI)that upon completion of certain conditions would transfer land to KPHI for
the sole purpose of developing a non-income based independent senior housing facility. A premise of
the initial marketing study and funding strategy was based on previous experience with Alaska Housing
Finance Corporation's (AHFC) Senior Citizen Housing Development Fund.
That fund has since been reduced to a total of$900,000 statewide,with no more than$600,000 to any
one projector applicant. KPHI's proposed six-plex Phase 1 development is estimated at $1,600,000,
leaving a significant shortfall.
KPHI proposes to close that by applying for other grants that have funds to distribute, and if successful
then providing cash and taking on debt to bring the project to construction.At least one such other grant
stipulates a condition of acceptance that a portion of the facility is set aside for seniors earning less than
50% of the Area Median Income, as determined by the Federal Housing Finance Agency.
KPHI requests that the Council remove the language in Resolution 2015-046 that restrict the project to
non-income based housing in order to open potential new funding sources.
Modifying the language in the manner described in the resolution preserves the necessary public interest
findings in the resolution for a less than market value disposition of land.
INTENT:Amend portions of previously approved Resolution 2015-046 by removing the words"non-
income based",as they appear in regard to the proposed facility,specifically in the Title,first whereas,
and Section 1.
CONSISTENCY CHECKLIST: Yes No N/A
1 Comprehensive Plan(page 22):Support a range of housing choices that X
meet the needs of people in various income an age groups.
2 Strategic Plan (page 18)Expand availability of affordable, diverse, X
year-round housing
3. Other(list):
FISCAL NOTE: No fiscal impact at this time.
Approved by Finance Department:
keoIufiov 2.015-0 8
ATTORNEY REVIEW: Yes No X
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