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HomeMy WebLinkAboutCT 98-15; Rancho Carrillo Village B Phase II; Tentative Map (CT) (23)11/17/1998 15:39 7604382443 HOFMAN PLANNING PAGE 02 «*»••>, Planning Hofman Planning Project Management Fiscal Analysis DATE: November 17,1998 TO: Van Lynch CC: Dave Lother FROM: Niko Carrigan SUBJECT: Designated Affordable Units In Village BII of Rancho Carrtllo Van: I spoke with Dave Lother today regarding which units in Village BII will be sold as inclusionary units. He told me the following: The following buildings will contain affordable units exclusively: Buildings 1,2,3,4,7,8,9, 11,12,13,17,18,19,20,22,23,24, & 25. As shown on the Site Plan and Architectural Exhibits for the project, Plan 3 may be built as either a two bedroom or a three bedroom. All affordable Plan 3's will be built as three bedrooms. Therefore, since the affordable buildings contain ten plan 1's, 36 plan 2's, and 36 Plan 3's, a total of 72 three bedrooms and 10 two bedrooms will be sold as inclusionary units in Village BII. The remaining units, in Buildings 5,6,10,14,15,16,21,26, & 27, will be sold at market rates. The number of market rate Plan 3 units that will be constructed as two vs. three bedrooms will be determined at a later date dependant on market demands. I hope this memo is adequate to serve as a written description of which units in Village BII will be sold as inclusionary units. If you would still like an exhibit for this, please let me know. 5900 Pasteur Court • Ste 150 • Carlsbad • CA • 92008 - 760-438-1465 • Fax 760-438-2443