Title
Consider recommendations regarding a Disposition of County-owned property at 117 North B Street in Lompoc, Assessor Parcel Number 085-141-003 to the Housing Authority of the County of Santa Barbara for a Homekey development project, Fourth District, as follows:
a) Determine, in accordance with California Government Code Section 26227 and County Code Section 12A-10.3, that the "Homekey" project (Project) proposed by the Housing Authority of the County of Santa Barbara, a public body, corporate and politic, would meet the social needs of the population of the County and serve public purposes, and that the portion of the property located at APN No. 085-141-003 at 117 North B Street, Lompoc, California (Property), will be not be needed for County purposes, and therefore, that the Board may make the Property available to the Housing Authority;
b) Approve and authorize the Chair to execute the Purchase and Sales Agreement between the Housing Authority of the County of Santa Barbara, as Buyer, and County of Santa Barbara, as Seller, to sell the Property for a below-market purchase price of $1.6 million contingent on a commitment of State Homekey funds;
c) Approve and authorize the Director of Community Services Department or designee to execute the necessary escrow instructions and/or additional documents which may be required to complete the disposition of the Property;
d) Approve a commitment of $1,467,330.00, adjustable to an amount not to exceed of $1.5 million in Coronavirus Aid, Relief, and Economic Security (CARES) Act Relief funds that have been conditionally allocated to the County, which will serve as matching funds required under the Homekey program, and authorize the Community Services Director to execute a Reservation Letter;
e) Authorize the Chair to sign a letter of support for the Homekey project which will be an attachment to the Notice of Exemption; and
f) Determine that the recommended actions are exempt from the California Environment...
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