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HomeMy WebLinkAbout1994-01-13; Housing Commission; Resolution 94-0011 2 3 4 5 6 7 e 9 1c 11 12 12 14 15 16 17 le 19 20 21 22 23 24 25 26 27 28 HOUSING COMMISSION RESOLUTION NO. 94-001 A RESOLUTION OF THE HOUSING COMMISSION OF THE CITY OF CARLSBAD, CALIFORNIA TO RECOMMEND APPROVAL OF THE DEVELOPMENT OF A PROPOSED 176 UNIT AFFORDABLE HOUSING PROJECT KNOWN AS MARINER'S POINT APARTMENTS ON PROPERTY GENERALLY LOCATED EAST OF PASEO DEL NORTE AND NORTH OF CAMINO DE LAS ONDAS. APPLICANT: BRAMALEA CALIFORNIA, INC. CASE NO.: AHP 94-1 (CT91-12 And SDP #92-11) WHEREAS, an Affordable Housing Project (AHP) Application (No. 94-1) has been submitted to the City of Carlsbad's Housing Commission for review and consideration; WHEREAS, said Housing Commission did, on the 13th date of January, 1994, hold a public meeting to consider said application; and WHEREAS, at said public meeting, upon hearing and considering all testimony, if any, of all persons desiring to be heard, said Commission considered all factors relating to the application. NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing Commission of the City of Carlsbad, California, as follows: 1. 2. The above recitations are true and correct. That based on the information provided within the application and testimony presented during the public meeting of the Housing Commission on January 13, 1994, the Commission recommends APPROVAL of Affordable Housing Project (AHP) No. 94-1 containing 176 apartment units to be affordable to lower income households for a period of at least fifty-five (55) years subject to the findings and conditions outlined herein. That the Commission's recommendation for approval of said affordable housing project does not include support for any financial assistance for the project at this time. Financial Assistance for the project will be considered under separate action. 3. P h 1 2 3 4 5 6 7 a 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 .... .... .... .... .... .... FINDINGS: 1. The project is consistent with the goals and objectives of the City of Carlsbad's Housing Element and Comprehensive Housing Affordability Strategy, the lnclusionary Housing Ordinance and the affordable housing requirements of the approved Zone 20 Specific Plan. 2. The project will provide a total of 89 units affordable to renter households at 50% or below the county median which meets the number one priority as outlined within the City of Carlsbad's 1993-1 998 Comprehensive Housing Affordability Strategy (CHAS). The project will also provide 87 units affordable to renter households at 51% to 60% of the county median which meets the number two priority of the City of Carlsbad as outlined in the 1993-98 CHAS. The project, therefore, has the ability to effectively serve the City's housing needs and priorities as expressed in the Housing Element and CHAS. 3. The project appears to be financially feasible based on review of the prospective sources of subsidy and projected costs. CONDITIONS: 1. Recommendation of approval is granted for AHP No. 94-1, as shown on Site Development Plan 91 -1 1, dated July 24, 1992, incorporated by reference and on file in the Housing and Redevelopment Department. Development shall occur substantially as shown unless otherwise noted in the conditions of project approval by the City Council. 2. Recommendation of approval is granted for AHP No. 94-1 subject to the condition that the required ratio of income restricted units shall be constructed concurrent with the project's market rate units. .... .... .... .... .... 6, 1 2 3 4 5 6 7 e 9 1C 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3. Upon final approval of said affordable housing project and prior to final map approval, the applicant shall enter into an Affordable Housing Agreement with the City of Carlsbad. The agreement shall be binding to all future owners and successors in interest. The Affordable Housing Agreement shall include all terms and conditions of said project approval and outline the incentives (financial or other) to be provided by the City of Carlsbad. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Housing Commission of the City of Carlsbad, California, held on the 13th day of January, 1994, by the following vote, to wit: AYES: AVIS,, ROMBOTIS, NOBLE, SAT0 , WELLMAN, ESCOBEDO, SCARPELLI PETERSON NOES: ABSENT: CALVERLY, NANCY ABSTAIN: ATTEST: EVAN BECKER, Housing and Redevelopment Director