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Notice of Public Hearing.pdf

City Council/Public Finance and Economic Development Authority/Parking Authority
November 21, 2022

Document
Notice of Public Hearing.pdf
Meeting
November 21, 2022
Body
City Council/Public Finance and Economic Development Authority/Parking Authority
Original file
125 KB
Text extracted from the city's file for reading and search. Open the original on cityofmerced.legistar1.com. That file is the official record.

1 11/16/2022

NOTICE OF A PUBLIC HEARING OF THE CITY COUNCIL OF THE

CITY OF MERCED, REGARDING THE TRANSFER OF CERTAIN

REAL PROPERTIES ACQUIRED BY THE FORMER MERCED

REDEVELOPMENT AGENCY AS REQUIRED BY HEALTH AND
SAFETY CODE SECTIONS 33431 AND 33433(c)

NOTICE IS HEREBY GIVEN that a public hearing will be held by the City Council of the City of Merced (“Council”) at the Council Chamber, 678 West 18th Street Merced, California, on November 21, 2022, at 6:00 p.m., or as soon as possible thereafter. The purpose of this hearing is to give the public the opportunity to express their views about the sale of properties located at the following addresses in Merced, California (the “Properties ”) to the Fuller Center for Housing of Merced County (“Developer”) for the purpose of developing affordable housing:

1744 “I” Street (APN 031-161-001)
26 West 18th Street (APN 031-163-005)
49 West 18th Street (APN 031-084-011)
150 West 19th Street (APN 031-082-002)

A proposed Disposition and Development Agreement between the City of Merced (“City”) and “Developer” will sell the Properties to the Developer for $4 .00 ($1.00 per property) in exchange for developing 4 to 5 units of ownership housing restricted for sale to very low income households for a 45-year term. Each of the four properties will be developed with one to two units, meeting the definition of a small housing project under Health and Safety Code Section 33433(c).

The Properties were purchased by the former Merced Redevelopment Agency (“Former Agency”) with Low and Moderate Income Housing Funds and are required to be developed with affordable housing by Health and Safety Code Section 34176.

Anyone wishing to appear at the hearing and speak on these items may do so. Written comments may be submitted prior to the time of the hearing.

Questions or comments on this matter may be directed to Leah Brown at 209-385-6928.

Dated the 2
nd day of November 2022.

Published on the 10th and 17th day of November 2022.

This notice is to be published at least once per week for two weeks prior to the public hearing as specified in Health and Safety Code Section 33431.

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