HOUSING AUTHORITY BOARD OF DIRECTORS

ATTACHMENT 1 PLEASANTON HOUSING AUTHORITY RESOLUTION NO. HA-2014-4 RESOLUTION AUTHORIZING THE EXECUTIVE DIRECTOR TO SUBMIT TO AND PURSUE APPROVAL OF AN APPLICATION TO U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) TO ALLOW THE DISPOSITION OF THE 50-UNIT KOTTINGER PLACE (HUD PROJECT NO. CA081000001) WHEREAS, The Pleasanton Housing Authority (the "Authority") owns and operates 50 units of senior Public Housing known as Kottinger Place, located on 3.3 acres at 240 Kottinger Drive (the "Site"); and WHEREAS, The Authority desires to complete a disposition of the Site to the City of Pleasanton to allow for the demolition of the current units and development of 103 new affordable units for seniors on the Site and approximately 185 units in total; NOW, THEREFORE, THE BOARD OFCOMMISSIONERS OF THE PLEASANTON HOUSING AUTHORITY RESOLVES AS FOLLOWS: Section 1: The Authority supports the disposition of the Site to the City of Pleasanton for nominal consideration ($1)for the purpose of producing new affordable units as described herein. Section 2: The Authority supports the submission to HUD of an application to allow for such disposition, which includes among other elements the plans for relocation of current residents. Section 3. The Authority has sought resident input as required by HUD and has received a letter supporting the disposition from the Mayor of Pleasanton on behalf of himself and the City Council. Section 4: The Executive Director is authorized to submit to HUD for approval an application for disposition of the Site and to take action as needed to obtain approval. Section 4: This resolution shall become effective immediately upon its passage and adoption. THIS RESOLUTION ADOPTED OCTOBER 21, 2014. APPROVED: Jerry Thome, Chairperson Housing Authority Board of Directors ATTEST: Steven R. Bocian Executive Director 2380202.2 038995 FILE