HomeMy WebLinkAbout2000-04-18; City Council; Resolution 2000-121I1 W 0
1
2
3
4
5
6
7
RESOLUTION NO. 2 0 0 0 - 12 1
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, APPROVING A REQUEST BY
SPECTRUM COMMUNITIES LLC, TO PURCHASE 6.5
AFFORDABLE HOUSING CREDITS IN THE VILLA LOMA
HOUSING PROJECT IN ORDER TO SATISFY THE
AFFORDABLE HOUSING OBLIGATION OF THE HADLEY
PROJECT UNDER THE CITY’S INCLUSIONARY HOUSING
ORDINANCE.
APPLICANT: SPECTRUM COMMUNITIES LLC
CASE NO: CT 98-17
8
9
WHEREAS,. Spectrum Communities LLC has received approval of Tentative Map C1
li 98-17 for the development of a 38 lot/37 unit residential development; and 10
11 WHEREAS, Spectrum Communities LLC has requested approval from the City o
12 Carlsbad City Council for the purchase of 6.5 affordable housing credits in the Villa Lomz
13 housing project to satisfy the inclusionary housing requirement of Tentative Map CT98-17;
14 and
15
16
17
18
19
20 application and request to purchase Affordable Housing Credits:
WHEREAS, the City Council did hold a public meeting to consider said request for the
purchase of Affordable Housing Credits by Spectrum Communities LLC ; and
WHEREAS, at said public meeting, upon hearing and considering all testimony, if any,
of all persons desiring to be heard, said Council considered all factors relating to the
21 NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the City of
22
23
Carlsbad, California, as follows:
I. That the above recitations are true and correct.
24
25
26
27
28
2. The project is consistent with the goals and objectives of the City of Carlsbad’s
Housing Element, the Inclusionary Housing Ordinance, and the Carlsbad General
Plan.
3. Based upon the analysis contained within the City Council Staff Report dated April
18, 2000, the City Council finds that the off-site satisfaction of the inclusionary
housing requirement is in the public interest.
ll W 0
1
2
3
4
5
6
7
4. That based on the information provided within the City Council Staff Report an(
testimony presented during the public meeting of the City Council, the City Counci
hereby APPROVES a request by Spectrum Communities LLC to purchase 6.:
affordable housing credits in the Villa Lorna housing project in order to satisfy tht
affordable housing obligation of the Hadley project under the city's inclusionaq
housing ordinance.
5. That the City Council hereby authorizes the Community Development Director tc
execute the Affordable Housing Agreement in substantially the form presented tc
other documents, or take other actions as may be necessary or appropriate to assis
the developer in acquiring the Affordable Housing Credits.
the City Council as Exhibit 3 of the City Council Staff Report and to execute sucl
a PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Counci
9 of the City of Carlsbad, California, held on the @ day of April , 2000 by the following vote
10 to wit:
11
12
AYES: Council Members Lewis, Hall, Finnila, Nygaard and K~
NOES: None
13
14
15
16
ABSENT: None
ABSTAIN: None
l7 // ATTEST:
19 l8
i 1- Gh.?%VzL
20 wm M. WOOD, City Clerk
21
22 (SEAL)
23
24
25
26
27
28 CC RES0 # 2000-121
PAGE 2
-
*.-.