RESOLUTION NO. 2023-113
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, AUTHORIZING A BUDGET AMENDMENT FOR NECESSARY
REPAIRS AT THE TYLER COURT SENIOR APARTMENTS AND A TRANSFER OF $500,000 IN FUNDS FROM THE COMMUNITY DEVELOPMENT BLOCK GRANT
SPECIAL REVENUE FUND TO THE TYLER COURT APARTMENT FUND
WHEREAS, on September 30, 1999, the Redevelopment Agency of the City of Carlsbad purchased the Tyler Court Senior Apartment Complex for the purpose of providing permanent affordable housing for very low-income senior citizens in Carlsbad; and WHEREAS, the Housing and Redevelopment Commission established a Tyler Court Senior Apartments reserve fund for the operations and/or repairs, renovations, capital improvements or other related activities for Tyler Court Senior Apartments s as deemed appropriate by the Agency's Executive Director and/or designee; and
WHEREAS, the Housing and Redevelopment Commission previously authorized that it is appropriate and necessary to contract for outside professional services for exclusive day-to-day management of the Tyler Court Senior Apartments, which includes ongoing maintenance, repairs and capital improvements; and
WHEREAS, in 2012, ownership of the property was transferred from the Carlsbad Redevelopment Agency to the City of Carlsbad as a result of the dissolution of the Redevelopment Agency per State law; and
WHEREAS, the City of Carlsbad is committed to continuing to provide a suitable living environment and to expand economic opportunities for the city's low-income residents as is outlined in the Community Development Block Grant Action Plan; and WHEREAS, on Jan. 10, 2023, the City Council approved Resolution No. 2023-005, which contained an expenditure plan of additional Community Development Block Grant revenue to include the City's Affordable Housing Fund; and
WHEREAS, the Tyler Court Senior Apartments is in need of several critical capital repairs, which costs exceed the available operating budget.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows:
1. That the above recitations are true and correct.
2. That the City Council is authorizing a budget amendment to the Tyler Court Apartment Reserve Fund's FY 2022-23 operating budget for necessary repairs at the Tyler Court Apartment Complex.
3. That the Deputy City Manager, Administrative Services, is authorized to transfer $500,000 from the Community Development Block Grant Special Revenue Fund to the Tyler Court Apartment Fund.
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 18th day of April, 2023, by the following vote, to wit:
AYES:
NAYS:
ABSTAIN:
ABSENT:
Blackburn, Bhat-Patel, Acosta, Burkholder, Luna.
None.
None.
None. \
KEITH BLACKBURN, Mayor
kJ(l
SHERRY FREISINGER, City Clerk
(SEAL)