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HomeMy WebLinkAbout1998-12-01; City Council; Resolution 98-393* 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 ~ 27 28 0 0 CITY COUNCIL RESOLUTION NO. 98-393 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, TO APPROVE AN AFFORDABLE HOUSING AGREEMENT FOR THE CONSTRUCTION OF 92 AFFORDABLE APARTMENT UNITS IN PLANNING AREA 5 TO SATISFY THE INCLUSIONARY HOUSING REQUIREMENTS OF THE POINSETTIA PROPERTIES SPECIFIC PLAN APPLICANT: HSL\BP\MICHAN, L.L.C CASE NO: SDP 98-09 WHEREAS, HSL/BP/Michan, L.L.C, is the developer of the Poinsettia Properties SF Plan, and is seeking approvals to develop 61 7 residential units within the Poinsettia Prof Specific Plan development; and WHEREAS, the development of 61 7 residential units will require the development residential units affordable to low income households as required by Carlsbad Municipal Chapter 2 1.85 of the City’s Inclusionary Housing Ordinance; and WHEREAS, Carlsbad Municipal Code Chapter 21.85 requires the developer residential development to receive approval of an Affordable Housing Agreement which detail the requirements of the Inclusionary Housing Ordinance shall be met; and WHEREAS, the developer is processing a Site Development Plan which propo construct 92 apartment units affordable to lower income households as a means to satisfi affordable housing requirement as permitted by Carlsbad Municipal Code Section 21.85 of the Inclusionary Housing Ordinance; and WHEREAS, the City Council did hold a public meeting to consider the developer’s rec to approve the Affordable Housing Agreement, with a revised phasing plan; and 1 WHEREAS, at said public meeting, upon hearing and considering all testimony, if any persons desiring to be heard, said Council considered all factors relating to the agreement. I I I ,. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 0 CC RESO. NO. 98-393 PAGE 2 NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the C Carlsbad, California, as follows: 1. The above recitations are true and correct. 2. Approval of the Affordable Housing Agreement is consistent with the goa objectives of the City of Carlsbad’s Housing Element, the Consolidated Pla Inclusionary Housing Ordinance, and the Carlsbad General Plan. 3. The project will provide a total of 92 apartment units which will be rented at affordable to low income households. The project, therefore, has the abi effectively serve the City’s housing needs and priorities as expressed in the HI Element and the Consolidated Plan. 4. That based on the information provided to the City Council by staff, the Hc Commission and the Developer, the City Council hereby APPROVE Affordable Housing Agreement, as revised, to allow for the development o unit apartment project within the Poinsettia Properties Specific Plan to satis developer’s obligation under the City’s Inclusionary Housing Ordinance. 5. That the City Council authorizes the Community Development Director or th Manager to execute the Affordable Housing Agreement in substantially thc presented to City Council and attached hereto, subject to review and approval City Attorney. PASSED, APPROVED, AND ADOPTED at a regular meeting of thc Council of the City of Carlsbad, California, held on the 1st day of -, / 1998, 1 December following vote, to wit: AYES: Council Members Lewis, Finnila & Hall NOES: Council Members Kulchin & Nygaard ABSENT: None ABSTAIN: None ATTEST: , (2“- - ALETHA L. RAUTENKRANZ, City Clerk)