HomeMy WebLinkAbout1998-10-20; City Council; Resolution 98-340c
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RESOLUTION NO. 98-340
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CAFUSBAD, CALIFORNIA, APPROVING A REQUEST BY
COLINA ROBLE LLC., TO PURCHASE 4.2 AFFORDABLE
HOUSING CREDITS IN THE VILLA LOMA HOUSING
PROJECT IN ORDER TO SATISFY THE AFFORDABLE
HOUSING OBLIGATION OF THE COLINA ROBLE
PROJECT UNDER THE CITY’S INCLUSIONARY HOUSING
ORDINANCE.
APPLICANT: Colina Roble LLC.
CASE NO: CT 98-02
WHEREAS, Colina Roble LLC has received approval of Tentative Map CT 98-02 for
the development of a 28 unit residential development;
WHEREAS, Colina Roble LLC has received a recommendation of approval from the
Housing Commission that the City Council approve the purchase of 4.2 affordable housing
credits in the Villa Loma housing project to satisfy the inclusionary housing requirement of
Tentative Map CT 98-02;
WHEREAS, the City Council did hold a public. meeting to consider said request for the 1
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purchase of Affordable Housing Credits by Colina Roble LLC; I
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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
application and request to purchase Affordable Housing Credits: I I
NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the City of
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Carlsbad, 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 and Comprehensive Housing Affordability Strategy, the
Inclusionary Housing Ordinance, and the Carlsbad General Plan.
3. Based upon the analysis contained within the City Council Staff Report and
Housing Commission Staff Report date July 9, 1998, the City Council finds that the
off-site satisfaction of the inclusionary housing requirement is in the public interest.
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e a
4. That based on the information provided within the City Council Staff Report and
the Housing Commission Staff Report and testimony presented during the public
meeting of the City Council, the City Council hereby APPROVES a request by
Colina Roble LLC to purchase 4.2 affordable housing credits in the Villa Lorna
housing project in order to satisfy the affordable housing obligation of the Colina
Roble project under the city’s inclusionary housing ordinance.
5. That the City Council hereby authorizes the City Manager or his designee is
authorized to execute the Affordable Housing Agreement in substantially the form
presented to the City Council as Exhibit 3 of the Housing Commission 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
of the City of Carlsbad, California, held on the 20 th day of October , 1998 by
the following vote, to wit:
AYES: Council Members Lewis, Nygaard, Finnila, Kulchin & Hall
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
b 64, )G27
ALETHA L. RAUTENKRANZ, City Clerk
(SEAL)
CC RES0 #
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