HomeMy WebLinkAbout1995-10-12; Housing Commission; Resolution 95-0101
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HOUSING COMMISSION RESOLUTION NO. 95-010
A RESOLUTION OF THE HOUSING COMMISSION OF THE
CITY OF CARLSBAD, CALIFORNIA RECOMMENDING
APPROVAL OF AN AFFORDABLE HOUSING PROJECT
KNOWN AS THE LAUREL TREE APARTMENT PROJECT
WHICH WILL PROVIDE 138 UNITS OF HOUSING
AFFORDABLE TO LOWER INCOME HOUSEHOLDS TO BE
LOCATED WITHIN THE SOUTHWEST QUADRANT OF THE
CITY.
CASE NAME: LAUREL TREE AFFORDABLE HOUSING PROJECT
WHEREAS, the City of Carlsbad has identified a need to provide at least 1400
housing units affordable to households of low and very low income by 1996; and
WHEREAS, a project, known as the Laurel Tree Project, has been proposed for
construction which will provide 138 residential apartments on an 8.5 acre parcel located south
of Palomar Airport Road, between Alga Road and Laurel Tree Lane, which will be affordable
to lower income households; and
WHEREAS, the affordability level and the unit mix of the proposed project are
consistent with the City of Carlsbad’s Housing Element objectives, Comprehensive Housing
Affordability Strategy, Inclusionary Housing Ordinance, and Density Bonus Ordinance; and
WHEREAS, the project has received a recommendation for approval of the
various land use permits by the Planning Commission; and
WHEREAS, the project has received a conditional commitment of funding of
$500,000 from the City of Carlsbad, through the Carlsbad Redevelopment Agency, to assist with
financing of the housing units; and
WHEREAS, the project has been approved by the City Council to serve as a
combined project for the purposes of satisfaction of the City’s Inclusionary Housing Ordinance
requirements for Kaka Poinsettia and Bramalea California.
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NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing Commission
as follows:
1. That the foregoing recitations are true and correct.
2. That the Housing Commission reconfiis its support to provide a conditional cash
contribution of up to $500,000 from the Redevelopment Low and Moderate Income Housing
Fund to be provided for the purposes of financing the Laurel Tree Affordable Housing Project.
3. That the Housing Commission recommends that the development team for the
subject affordable housing project be required to enter into appropriate agreements with the City
of Carlsbad which outline the terms of the City’s financial participation in the project and the
conditions to be met prior to the final commitment of City assistance to the subject project.
4. That the Housing Commission supports development of the Laurel Tree Apartment
Project and recommends that the City Council approve the project which will provide 138 units
of housing affordable to lower income households. The affordability level and the unit mix of
the proposed project are consistent with the City of Carlsbad’s Housing Element objectives,
Comprehensive Housing Affordability Strategy, Inclusionary Housing Ordinance, and Density
Bonus Ordinance.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the Housing
Commission of the City of Carlsbad, California, held on the 12th day of October, 1995 by the
following vote, to wit:
AYES: Commissioners: Calverly, Escobedo, Noble, Rose, Sato, Scarpelli
& Schlehuber.
NOES: None.
ABSENT: Commissioner Wellman.
ABSTAIN: Chairperson Avis.
mu#\
\ NAN~LC ~~\bd& Vice-Chairperson
ATTEST:
- c HOUSING COGMI~QON
EVAN E. BECKER
Housing and Redevelopment Director
HC RESO. NO. 95-010 -2-