This chapter may be cited as the "City of Santa Rosa Health Facility Financing Law."
(Prior code App. A, § 900)
The Council finds and declares that it is necessary, essential, a public purpose and a municipal affair for the City to be authorized to provide financing to health institutions within the City that provide essential services to residents of the City in order to aid such health institutions in containing costs and thereby to enable such health institutions to establish lower rates and charges than would otherwise prevail and to provide better service at such rates and charges. Unless the City intervenes to provide such financing, such rates and charges may increase at an ever accelerated pace because such health institutions cannot obtain financing at equivalent cost from private sources.
(Prior code App. A, §901)
The Council finds and declares that there is a great need for housing and health care for aged persons residing in the City of Santa Rosa. It is necessary, essential, a public purpose, and a municipal affair for the City to be authorized to provide financing to life care facilities within the City in order to aid in the establishment of life care facilities to provide care to the aged at prices they can afford. Unless the City intervenes to provide such financing, life care facilities may not be constructed and those which are constructed may be at higher rates and charges than if such financing were provided and may therefore be too expensive for many of the aged persons who require their services.
(Prior code § 901a; Ord. 2237 § 1, 1982)
Unless the context otherwise requires, the terms defined in this chapter shall have the following meanings:
means any bonds, notes, certificates, debentures, or other obligations issued by the City pursuant to this chapter and payable exclusively from revenues as defined in this chapter and from any other funds specified in this chapter upon which such obligations may be made a charge and from which they are payable.
means the City of Santa Rosa.
means the total of all costs incurred by or on behalf of a participating health institution as are approved by the City as reasonable and necessary for carrying out all works and undertakings necessary or incident to acquisition, construction, rehabilitation or improvement of a health facility or the refunding or refinancing of obligations incurred to finance such acquisition, construction, rehabilitation or improvement. "Cost" shall include all such costs which under generally accepted accounting principles are not properly chargeable as an expense of operation and maintenance, including, without limitation, the cost of all lands, structures, real or personal property, franchises, rights and interests acquired or used in connection with a health facility, the cost of demolishing or removing any structures (including the cost of acquiring any lands to which such structures may be moved), the cost of engineering, architectural, financial and legal services, plans, specifications, studies, surveys, estimates, administration expenses or other expenses necessary or incident to determining the feasibility of or to acquiring, constructing, rehabilitating, improving or financing a health facility, including all costs of issuance of bonds for such purposes, reserves for debt service and for repairs, replacements, additions and improvements, and capitalizing bond interest for such period as the City may determine.
means the City Council of the City of Santa Rosa.
means any facility, place or building within the City licensed by the State of California and maintained and operated for the diagnosis, care, prevention and treatment of human illness, physical or mental, including convalescence, rehabilitation and care during and after pregnancy, or for any one or more of these services, and which provides and will continue providing to residents of the City essential health care services designated as such in an agreement between the City and the participating health institution providing or operating such facility, place or building.
includes a portion of one of the above types of facilities and includes the following facilities if operated in conjunction with one of the following types of facilities: a laboratory, a laundry, a nurses' or interns' residence, a housing facility for patients, staff or employees and the families of any of them, an administration building, a research, maintenance, storage, utility or parking facility and all structures, facilities, equipment and furnishings related to any of the foregoing, or required or useful for the operation of a health facility.
shall not include any facility, place or building used or to be used primarily for sectarian instruction or study or as a place for devotional activities or religious worship.
also means any life care facility which has been granted a certificate of authority under Chapter 10 of Division 2 of the California Health and Safety Code (commencing with Section 1770) or successor provisions of law and which is licensed pursuant to either or both of Chapter 2 of Division 2 of the California Health and Safety Code (commencing with Section 1250) of Chapter 3 of Division 2 of the California Health and Safety Code (commencing with Section 1500) or successor provisions of law, and which provides its residents with nursing services, medical services, health-related services, board and lodging and care as necessary, or any combination of such services, for a term in excess of one year, or for life, pursuant to a life care contract.
also includes any health facility or multilevel facility eligible for insurance under Chapter 4, commencing with Section 436 of Part 1, Division 1 of the Health and Safety Code of the State of California, cited as the "California Health Facility Construction Loan Insurance Law," as now in effect and as it may from time to time hereafter be amended or supplemented.
means a private nonprofit corporation or association licensed by the laws of the state to provide or operate a health facility as defined in this chapter and which pursuant to the provisions of this chapter, undertakes the financing of the acquisition, construction, rehabilitation or improvement of a health facility or undertakes the refunding or refinancing of obligations incurred to finance such acquisition, construction, rehabilitation or improvement.
means amounts received by the City as repayment of principal, interest and all other charges with respect to a loan under this chapter, any proceeds received by the City from mortgage, hazard or other insurance on or with respect to such a loan, all other rents, charges, fees, income and receipts derived by the City from the financing of a health facility under this chapter (whether by loan, lease, installment sale or any other method authorized by this chapter), any amounts received by the City as investment earnings on moneys deposited in any fund or account securing bonds and such other moneys as the Council may, in its discretion, lawfully designate as revenues.
(Prior code App. A, § 902; Ord. 2237 § 2, 1982; Ord. 3044 § 1, 1993)