HomeMy WebLinkAbout2026-03-10; City Council; Resolution 2026-051RESOLUTION NO. 2026-051
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD,
CALIFORNIA, AUTHORIZING THE CITY MANAGER OR DESIGNEE TO EXECUTE
ALL REQUIRED DOCUMENTS TO COMPLETE THE PURCHASE AND RESALE OF
2682 LEIGHTON CIRCLE AS PART OF THE CITY’S AFFORDABLE HOUSING
RESALE PROGRAM FOR UP TO $315,000 AND TO APPROPRIATE $315,000
FROM THE HOUSING TRUST FUND FOR RELATED COSTS
WHEREAS, the City Council of the City of Carlsbad, California has determined that it desires to
purchase and resell at-risk affordable housing units to eligible lower income buyers at an affordable
price to implement the city’s affordable housing goals and policies; and
WHEREAS, on Dec. 8, 2020, the City Council approved City Council Policy No. 73 - City Option to
Purchase Resale Affordable Housing and the Affordable Housing Resale Program Guidelines by
Resolution No. 2020-234; and
WHEREAS, the property owner of one affordable housing unit, 2682 Leighton Circle, provided
notice of their intent to sell or transfer ownership of the restricted affordable housing unit; and
WHEREAS, the purchase of the unit enables the city to extend the affordability of the existing
unit, and to resell it to another eligible lower-income buyer in accordance with the City of Carlsbad
Affordable Housing Resale Program; and
WHEREAS, City Council Policy No. 73 authorizes the City Manager or designee to exercise the
city’s option to purchase existing at-risk affordable housing units, subject to City Council appropriation
of funds and acceptance of the grant deed; and
WHEREAS, the revenue generated from the sale of the property will be deposited into the
Housing Trust Fund as program income, with the sale proceeds being available to create more
affordable housing opportunities.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as
follows:
1.That the above recitations are true and correct.
2.That the proposed action is categorically exempt from environmental review under
California Environmental Quality Act, or CEQA, Guidelines Section 15326 because it
provides the financing for the purchase of the subject property for affordable housing.
No exceptions to the categorical exemption as set forth in CEQA Guidelines Section
15300.2 or Carlsbad Municipal Code Section 19.04.070(C) apply.
Exhibit 1
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3.That the City Manager, or designee, is authorized to execute all required documents for
the purchase of 2682 Leighton Circle up to $315,000 and make all future decisions and
actions necessary to implement the resale and disposition of the affordable housing unit
in compliance with City Council Policy No. 90, City Council Policy No. 73, and the
Affordable Housing Resale Program Guidelines, and to do so in full compliance with the
terms and conditions and to the satisfaction of the City Attorney.
4.That the City Manager, or designee, is authorized to appropriate $315,000 from the
Housing Trust Fund for the property purchase and for costs related to refurbishing and
preparing the unit for resale.
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City
of Carlsbad on the 10th day of March, 2026, by the following vote, to wit:
AYES: Blackburn, Bhat-Patel, Acosta, Burkholder, Shin.
NAYS: None.
ABSTAIN: None.
ABSENT: None.
______________________________________
KEITH BLACKBURN, Mayor
______________________________________
SHERRY FREISINGER, City Clerk
(SEAL)
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