HomeMy WebLinkAboutReso - CC - 006-2020RESOLUTION NO. 006-2020
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME DIRECTING STAFF TO
NOTIFY CALCHA THAT IT DOES NOT WISH TO BECOME AN ADDITIONAL MEMBER OF THE
AGENCY
WHEREAS, CaICHA was formed pursuant to a joint exercise of powers agreement (JPA)
between two original members, Kings County and the Housing Authority of Kings County; and
WHEREAS, under the auspices of this agency, multi -family developments are acquired through
public bond financing; and
WHEREAS, CaICHA had an opportunity to purchase a multifamily rental apartment complex in
Burlingame for conversion to below market rate rental housing; and
WHEREAS, at the December 2, 2019 City Council meeting, which was adjourned to December
4 for further discussion, the City Council adopted a resolution authorizing the City to become a
noncharter additional member of CaICHA for the express purpose of assisting in the purchase of this
particular apartment complex; and
WHEREAS, during the City Council's discussion, Councilmembers noted that if the property is
not acquired, they would direct staff to withdraw the City from the JPA.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BURLINGAME authorizes City
staff to notify CaICHA that it does not wish to
I, Meaghan Hassel -Shearer, City Clerk of the City of Burlingame, certify that the foregoing
Resolution was introduced at a regular meeting of the City Council held on the 21 St day of January, 2020,
and was adopted thereafter by the following vote:
AYES: Councilmembers: BEACH, BROWNRIGG, COLSON, KEIGHRAN, ORTIZ
NOES: Councilmembers: NONE
ABSENT: Councilmembers: NONE
ea h sel-lea, City Clerk
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