HomeMy WebLinkAbout2004-10-12; City Council; Resolution 2004-3261
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CITY COUNCIL RESOLUTION NO. 2004-326
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, APPROVING A REQUEST BY
STANDARD PACIFIC CORPORATION TO PURCHASE SIXTEEN
AFFORDABLE HOUSING CREDITS IN THE VILLA LOMA
HOUSING PROJECT IN ORDER TO SATISFY A PORTION OF THE
AFFORDABLE HOUSING OBLIGATION OF THE THOMPSON
TABATA RESIDENTIAL DEVELOPMENT UNDER THE CITY’S
INCLUSIONARY HOUSING ORDINANCE.
APPLICANT: THOMPSONmABATA DEVELOPMENT
CASE NO: CT 98-14
WHEREAS, Standard Pacific Corporation has received approval of Tentative Map CT 98-
14 for the development of 238 single family homes and a 24 unit for-sale condominium
development affordable to low income households; and
WHEREAS, Standard Pacific Corporation has requested approval from the City of
Carlsbad City Council for the purchase of sixteen affordable housing credits in the Villa Loma
housing project to satisfy the inclusionary housing requirement of Tentative Map CT 98-14 in
combination with the construction of a 24 unit for-sale condominium development; and
WHEREAS, the City Council did hold a public meeting to consider said request for the
purchase of Affordable Housing Credits by Standard Pacific Corporation; and
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:
NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the City of
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, the Inclusionary Housing Ordinance, and the Carlsbad General Plan.
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Page 2 of CC Resolution No. 2004-326
3. Based upon the analysis contained within the Housing Commission Staff Report dated
September 9, 2004, the City Council finds that the off-site satisfaction of the inclusionary
housing requirement is in the public interest.
4. That based on the information provided within the Housing Commission Staff Report,
the staff report presented to the City Council and testimony presented during the public
meeting of the City Council, the City Council hereby APPROVES a request by Standard
Pacific Corporation to purchase sixteen affordable housing credits in the Villa Loma housing
project in order to satisfl a portion of the affordable housing obligation of the
ThompsodTabata residential development project under the City’s inclusionary housing
ordinance.
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Page 3 of CC Resolution No. 2004-326
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 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 12th day of October, 2004 by the following
vote, to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
Council Members Lewis, Finnila, Kulchin, Hall, and
None
Pac ka r d
ATTEST:
Karen R. Kundtz, Assistant City Clerk
(SEAL)
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