HomeMy WebLinkAbout1995-03-09; Housing Commission; Resolution 95-002..
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
HOUSING COMMISSION RESOLUTION NO. 95-002
A RESOLUTION OF THE HOUSING COMMISSION OF THE
CITY OF CARLSBAD, CALIFORNIA TO RECOMMEND
APPROVAL OF AN AFFORDABLE HOUSING
MITIGATION AGREEMENT BETWEEN THE CITY OF
CARLSBAD AND BRAMALEA CALIFORNIA. INC.
WHEREAS, Bramalea California, Inc. has a requirement to provide housing
units affordable to lower income households within the southwest quadrant of the
City; and,
WHEREAS, Bramalea California, Inc. has expressed a desire to financially
participate in a Combined Inclusionary Housing Project known as the Laurel Tree
Apartment Project to satisfy the requirement to provide housing affordable to lower
income households; and,
WHEREAS, the Laurel Tree Apartment Project satisfies the City of
Carlsbad’ s identified criteria for an acceptable Combined Inclusionary Housing
Project.
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.
....
....
L
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
HC RESO. NO. 95-002
PAGE 2
2. That the Housing Commission hereby recommends City Council
approval of the Affordable Housing Mitigation Agreement, in
substantially the form presented to the Housing Commission, between
the City of Carlsbad and Bramalea California, Inc. which will allow
Bramalea California, Inc. to financially participate in the construction
of housing units affordable to lower income households in an off-site
Combined Inclusionary Housing Project known as the Laurel Tree
Apartments.
3. That the Housing Commission hereby recommends to the City Council
that the City Manager, or his designee, be authorized to execute said
agreement in substantially the form presented and with such
modifications as City Attorney deems necessary and appropriate.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the
Housing Commission of the City of Carlsbad, California, held on the 9th day of
March, 1995, by the following vote, to wit:
AYES: Vice-Chairperson Calverley, Commissioners: Scarpelli,
NOES: Commissioners: Wellman & Sato.
Escobedo, Noble, Rombotis & Rose.
ABSENT: Chairperson Avis.
ABSTAIN: None.
Nan&Qlvbled, \Vice-Chairperson U Housing Commi
ATTEST:
Evan Becker, Housing and Redevelopment Director