HomeMy WebLinkAbout2002-03-26; City Council; Resolution 2002-0871
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RESOLUTION NO. 2002-087
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, APPROVING A REQUEST BY
CARLSBAD PROMENADE PARTNERS LLC, TO
PURCHASE 6 AFFORDABLE HOUSING CREDITS IN THE
VILLA LOMA HOUSING PROJECT IN ORDER TO SATISFY
THE AFFORDABLE HOUSING OBLIGATION OF THE
CARLSBAD PROMENADE PROJECT UNDER THE CITY'S
INCLUSIONARY HOUSING ORDINANCE.
APPLICANT: CARLSBAD PROMENADE PARTNERS LLC
CASE NO: CT 00-19
WHEREAS,. Carlsbad Promenade Partners LLC has received approval of Tentative
dap CT 00-19 for the development of a 33 unit residential development; and
WHEREAS, Carlsbad Promenade Partners LLC has requested approval ffom the City
If Carlsbid City Council for the purchase of 6 affordable housing credits in the Villa Loma
lousing project to satisfy the inclusionary housing requirement of Tentative Map CT 00-19;
nd
e
WHEREAS, the City Council did hold a public meeting to consider said request for the
lurchase of Affordable Housing Credits by Carlsbad Promenade Partners LLC ; and
WHEREAS, at said public meeting, upon hearing and considering all testimony, if any,
If all persons desiring to be heard, said Council considered all factors relating to the
pplication and request to purchase Affordable Housing Credits:
NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the City of
:arkbad, California, as follows:
1. That the above recitations are true and correct.
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
March 12, 2002, the City Council finds that the off-site satisfaction of the
inclusionary housing requirement is in the public interest.
2.
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4. That based on the information provided within the City Council Staff Report and
testimony presented during the public meeting of the City Council, the City Council
hereby APPROVES a request by Carlsbad Promenade Partners LLC to purchase 6
affordable housing credits in the Villa Loma housing project in order to satisfy the
affordable housing obligation of the Carlsbad Promenade project under the City's
inclusionary housing ordinance.
5. That the City Council hereby authorizes the Community Development Director to
execute the Affordable Housing Agreement in substantially the form presented to
the City Council as Exhibit 3 of the City Council Staff Report and to execute such
other documents, or take other actions as may be necessary or appropriate to assist
the developer in acquiring the Affordable Housing Credits.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council
Nf the City of Carlsbad, California, held on the26thday of-, 2002 by the following vote,
J wit:
AYES: Council Members Lewis, Kulchin, Finnila, Hall
NOES: None
I
ABSENT: Council Member
ABSTAIN: None
LTTEST: A
bm
M. WOOD, City Clerk
SEAL)