HomeMy WebLinkAbout2011-05-24; City Council; Resolution 2011-1091 CITY COUNCIL RESOLUTION NO. 2011-109
2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, APPROVING A REQUEST BY
3 K.HOVNANIAN AT CARLSBAD, LLC TO PURCHASE FIVE
AFFORDABLE HOUSING CREDITS IN THE VILLA LOMA OR
CASSIA HEIGHTS AFFORDABLE HOUSING PROJECTS, AS
5 CREDITS ARE AVAILABLE, IN ORDER TO SATISFY THE
AFFORDABLE HOUSING OBLIGATION OF THE POINSETTIA
6 PROPERTIES/THE TIDES SUBDIVISION PROJECT UNDER THE
CITY'S INCLUSIONARY HOUSING ORDINANCE.
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APPLICANT: POINSETTIA PROPERTIES/THE TIDES
CASE NO: CT 05-10
WHEREAS, K. Hovnanian at Carlsbad, LLC has received approval of Tentative Map CT
05-1 0 for the development of a 27 unit residential development; and
12 WHEREAS, K.Hovnanian at Carlsbad, LLC has requested approval from the City of
13 Carlsbad City Council for the purchase of five affordable housing credits in the Villa Loma or
Cassia Heights affordable housing projects, as credits are available, to satisfy the inclusionary
housing requirement of Tentative Map CT 05-10; and
WHEREAS, the City Council did hold a public meeting to consider said request for the
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purchase of Affordable Housing Credits by K.Hovnanian, LLC; and
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WHEREAS, at said public meeting, upon hearing and considering all testimony, if any, of
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all persons desiring to be heard, said Council considered all factors relating to the application and
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request to purchase Affordable Housing Credits:
22 NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the City of
23 Carlsbad, California, as follows:
24 1 . That the above recitations are true and correct.
25 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.
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1 3. Based upon the analysis and recommendations of the Housing Policy Team and the
2 Planning Commission, the City Council finds that the off-site satisfaction of the inclusionary
housing requirement is in the public interest.
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4. That based on the information provided within the City Council Staff Report and
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testimony presented during the public meeting of the City Council, the City Council hereby
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APPROVES a request by K.Hovnanian at Carlsbad, LLC to purchase five affordable housing
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credits in the Villa Loma or Cassia Heights affordable housing projects, as credits are
available, in order to satisfy the affordable housing obligation of the Poinsettia Properties/The
Tides subdivision project under the City's inclusionary housing ordinance.
11 5. That the City Council hereby authorizes the Assistant City Manager to execute the
12 " 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
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actions as may be necessary or appropriate to assist the developer in acquiring the Affordable
15 Housing Credits.
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PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council
of the City of Carlsbad on the 24th day of May , 2011, by the following vote to wit:
AYES: Council Members Hall, Kulchin, Blackburn, Douglas, Packard.
NOES: None.
ABSENT: None.
MATT HALL, Mayor
ATTEST:
""lORtfAINE M. WOOD, City Clerk
(SEAL)