HomeMy WebLinkAbout1994-01-13; Housing Commission; Resolution 94-002*
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HOUSING COMMISSION RESOLUTION NO. 94-002
A RESOLUTION OF THE HOUSING COMMISSION OF THE
CITY OF CARLSBAD, CALIFORNIA TO RECOMMEND
APPROVAL OF THE DEVELOPMENT OF 23 CONDOMINIUM
UNITS AFFORDABLE TO LOW INCOME HOUSEHOLDS
WITHIN THE COSTA DO SOL MASTER PLAN ON
PROPERTY GENERALLY LOCATED EAST OF PASEO DEL
NORTE AND NORTH OF CAMINO DE LAS ONDAS.
APPLICANT: AHARON ABADA
CASE NO.: AHP 94-2 (CT92-01 And SDP #93-041
WHEREAS, an Affordable Housing Project (AHP) Application (No. 94-2)
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. The above recitations are true and correct.
2. 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. 94-2 containing 23
condominium units to be affordable to low income (80% of county
median) households subject to the findings and conditions outlined
herein.
3. That the Commission’s recommendation for approval of said affordable
housing project does not include support for any financial assistance for
the project. ....
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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 23 condominium units (1 , 2 and 3 bedroom)
affordable for purchase to households at 80% or below the county median
which meets a number two priority as outlined within the City of Carlsbad’s
1 993- 1 998 Comprehensive Housing Affordability Strategy (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.
2.
3.
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Recommendation of approval is granted for AHP No. 94-2, as shown on Site
Development Plan 93-04, dated March 18, 1993, 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.
Recommendation of approval is granted for AHP No. 94-2 subject to the
condition that the required ratio of income restricted units shall be constructed
concurrent with the project’s market rate units.
After the initial sale of the inclusionary for-sale units to the designated income
group, inclusionary for-sale units shall remain affordable for their useful life
(minimum 55 years); or if subsequently sold at a market price to other than a
targeted households, the sale shall result in the recapture of the City’s interest
in the units, for use in assisting other eligible households.
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4. 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), if any, 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, SATO, WELLMAN, ESCOBEDO,
SCARPELLI, PETERSON
NOES: NONE
ABSTAIN: NONE
SCARPdLI, Chairperson
ATTEST:
EVAN BECKER, Housing and Redevelopment Director