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HomeMy WebLinkAbout2008-08-12; City Council; Resolution 2008-233tibit \ CITY COUNCIL RESOLUTION NO. 2008-233 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING A REQUEST BY LUKE DEVELOPMENT TO PURCHASE THREE AFFORDABLE HOUSING CREDITS IN THE ROOSEVELT GARDENS HOUSING PROJECT IN ORDER TO SATISFY THE AFFORDABLE HOUSING OBLIGATION OF THE TRAILS END PROJECT UNDER THE CITY'S INCLUSIONARY HOUSING ORDINANCE. APPLICANT: LUKE DEVELOPMENT CASE NO: CT 04-14 WHEREAS, Luke Development has received approval of Tentative Maps CT 04-14 for the development of a 14 unit residential developments; and WHEREAS, Luke Development has requested approval from the City of Carlsbad City 12 Council for the purchase of three affordable housing credits in the Roosevelt Gardens housing 13 project to satisfy the inclusionary housing requirement of Tentative Map CT 04-14; and 14 WHEREAS, the City Council did hold a public meeting to consider said request for the purchase of Affordable Housing Credits by Luke Development; and WHEREAS, at said public meeting, upon hearing and considering all testimony, if any, of 17 all persons desiring to be heard, said Council considered all factors relating to the application and 18 request to purchase Affordable Housing Credits: 19 NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the City of 20 Carlsbad, California, as follows: 22 1 • That the above recitations are true and correct. 23 2. The projects are consistent with the goals and objectives of the City of Carlsbad's 24 Housing Element, the Inclusionary Housing Ordinance, and the Carlsbad General Plan. 3. Based upon the analysis contained within the related City Council Staff Report, the f\f City Council finds that the off-site satisfaction of the inclusionary housing requirement is in 27 the public interest. 28 " 3 4. That based on the information provided within the City Council Staff Report and 4 testimony presented during the public meeting of the City Council, the City Council hereby 5 APPROVES a request by Luke Development to purchase three affordable housing credits in 6 the Roosevelt Gardens housing project in order to satisfy the affordable housing obligation of 7 the Trails End development (CT 04-14) under the City's inclusionary housing ordinance. 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 2 of the City Council Staff Report and to execute such other documents, or 12 take other actions as may be necessary or appropriate to assist the developer in acquiring the Affordable Housing Credits, subject to review and final approval by the City Attorney. 14 /// 15 16 17 19 20 21 22 23 /// 24 25 /// 26 27 /// 28 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 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 12th day of August, 2008, by the following vote to wit: AYES: Council Members Lewis, Kulchin, Hall and Packard. NOES: None. ABSENT: Council Member Nygaard. ATTEST: , City Clerk Q