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HomeMy WebLinkAbout2011-09-13; City Council; Resolution 2011-2081 CITY COUNCIL RESOLUTION NO. 2°11-208 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING A REQUEST BY TAYLOR 3 MORRISON OF CALIFORNIA, LLC TO PURCHASE SEVEN AFFORDABLE HOUSING CREDITS IN THE VILLA LOMA AND/OR CASSIA HEIGHTS AFFORDABLE HOUSING PROJECTS, 5 AS CREDITS ARE AVAILABLE, IN ORDER TO SATISFY THE AFFORDABLE HOUSING OBLIGATION OF THE MUROYA SUBDIVISION PROJECT UNDER THE CITY'S EXCLUSIONARY HOUSING ORDINANCE. APPLICANT: MUROYA SUBDIVISION/TAYLOR MORRISON CASE NO: CT 06-27 WHEREAS, Taylor Morrison of California, LLC has received approval of Tentative Map CT 06-27 for the development of a 37 unit residential development; and 12 WHEREAS, Taylor Morrison of California, LLC has requested approval from the City of 13 Carlsbad City Council for the purchase of seven affordable housing credits in the Villa Loma 14 and/or Cassia Heights affordable housing projects, as credits are available, to satisfy the inclusionary housing requirement of Tentative Map CT 06-27; and WHEREAS, the City Council did hold a public meeting to consider said request for the 17 purchase of Affordable Housing Credits by Taylor Morrison of California, LLC; and 18 WHEREAS, at said public meeting, upon hearing and considering all testimony, if any, of 19 all persons desiring to be heard, said Council considered all factors relating to the application and 20 request to purchase Affordable Housing Credits: 22 NOW, THEREFORE, BE IT HEREBY RESOLVED by the City Council of the City of 23 Carlsbad, California, as follows: 24 1 . That the above recitations are true and correct. 25 2. The project is consistent with the goals and objectives of the City of Carlsbad's 0 f\Housing Element, the Inclusionary Housing Ordinance, and the Carlsbad General Plan. 27 28 1 3. Based upon the analysis and recommendations of the Housing Policy Team and the 2 Planning Commission, the City Council finds that the off-site satisfaction of the inclusionary housing requirement is in the public interest. 4 4. That based on the information provided within the City Council Staff Report and 5 testimony presented during the public meeting of the City Council, the City Council hereby 6 APPROVES a request by Taylor Morrison of California, LLC to purchase seven affordable 7 housing credits in the Villa Loma and/or Cassia Heights affordable housing projects, as8 q credits are available, in order to satisfy the affordable housing obligation of the Muroya IQ Subdivision project under the City's inclusionary housing ordinance. 11 5. That the City Council hereby authorizes the Housing and Neighborhood Services 12 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 14 documents, or take other actions as may be necessary or appropriate to assist the developer in acquiring the Affordable Housing Credits. 16 /// 17 /// 18 /// 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 13th day of September 2011, by the following vote to wit: AYES: Council Members Hall, Kulchin, Blackburn, Douglas, Packard. NOES: None. ABSENT: None. MATT HALL, Mayor ATTEST: CXORRAINE M. WOOD, City Clerk (SEAL)