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File #: 26-0195    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 3/20/2026 In control: City Council
On agenda: 4/14/2026 Final action:
Title: Request the City Council, Acting for the Successor Agency, Approve Regulatory Agreement Amendment #2 between RAMROD Senior Housing, Inc., and the Successor Agency to the Redevelopment Agency of the City of Rialto.
Attachments: 1. Attachment 1 - Second Amendment to Regulatory Agreement, 2. Attachment 2 - First Amendment to the Regulatory Agreement, 3. Attachment 3 - Original Regulatory Agreement
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For City Council Meeting April 14, 2026
TO: Honorable Mayor and City Council
FROM: Tanya Williams, City Manager
AUTHOR: Christina Taylor, Community Development Director

Title
Request the City Council, Acting for the Successor Agency, Approve Regulatory Agreement Amendment #2 between RAMROD Senior Housing, Inc., and the Successor Agency to the Redevelopment Agency of the City of Rialto.

Body
RECOMMENDATION
Staff recommends that the City Council, acting for the Successor Agency, approve Regulatory Agreement Amendment #2 between RAMROD Senior Housing, Inc., and the Successor Agency to the Redevelopment Agency of the City of Rialto.

BACKGROUND
On July 24, 1996, the former Redevelopment Agency of the City of Rialto (RDA) and RAMROD Senior Housing, Inc., (RAMROD) entered into a Regulatory Agreement (included as Attachment 3) for RAMROD to operate a mobile home park situated at 1010 Terrace Road for the benefit of low to moderate-income senior citizens. The RDA provided a loan of $3,318,875, and RAMROD repays $19,165 monthly until August 2032.

The RAMROD mobile home park consists of 202 spaces. The minimum age for residency was fifty-five (55) years. Amendment #1 (included as Attachment 2) to the Regulatory Agreement approved in 2017, increased the minimum age for residency to sixty (60) years ("Eligible Resident"). Currently, a household may include a person forty-five (45) years or older if it is a spouse of an Eligible Resident, or the person is a disabled person as defined in California law, or a skilled nurse provider for an Eligible Resident.

ANALYSIS/DISCUSSION
RAMROD desires to further amend the Regulatory Agreement to increase the minimum age for a spouse of a qualifying resident from forty-five (45) years of age to fifty (50) years of age.

The change in minimum eligible age does not require relocation of existing underage households, nor does it allow RAMROD to evict any current resident who is less than fifty (50) years of age. RAMROD reques...

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