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HomeMy WebLinkAbout1998-02-12; Housing Commission; Resolution 98-0021 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. 98-002 THAT THE HOUSING RECOMMEND APPROVAL TO THE CITY COUNCIL TO PROVIDE UP TO A MAXIMUM OF $1,160,000 IN FINANCIAL ASSISTANCE FOR THE CONSTRUCTION OF ONE HUNDRED SIXTEEN AFFORDABLE APARTMENT UNITS TO HELP SATISFY A PORTION OF THE REQUIREMENTS OF THE INCLUSIONARY HOUSING ORDINANCE FOR THE RANCHO CARRILLO MASTER PLAN. APPLICANT: CARLSBAD FAMILY HOUSING PARTNERSHIP CASE NO: SDP 97- 15 WHEREAS, the master developer of the Rancho Carrillo Master Plan, Continental Homes has proposed to construct 1 16 apartment units affordable to lower income households as a means to satisfy a portion of their affordable housing obligation as permitted by Carlsbad Municipal Code Section 21.85 of the City’s Inclusionary Housing Ordinance; and WHEREAS, the master developer’s proposal to construct said units has been submitted to the City of Carlsbad’s Housing Commission for review and consideration; and WHEREAS, said Housing Commission did, on the 14th day of January, 1998, hold a special public meeting to consider said proposal to construct 116 affordable housing apartment units; and WHEREAS, at the conclusion of said special public meeting, the Housing Commission recommended approval of the proposal to the Planning Commission; and WHEREAS, said Housing Commission did, on the 12th day of February, 1998, hold a public meeting to consider the request for City financial assistance for the construction of said 116 affordable housing apartment units by of the affordable housing developer, Carlsbad Family Housing Partners; and WHEREAS, upon hearing and considering all testimony, if any, of all persons desiring to be heard, said Commission considered all factors relating to the proposal to construct said affordable housing units. NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing Commission of the City of Carlsbad, California, as follows: 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. 1. 2. 3. 4. 5. The above recitations are true and correct. The request for City financial assistance is consistent with the goals and objectives of the City of Carlsbad’s Housing Element and Comprehensive Housing Affordability Strategy, the Inclusionary Housing Ordinance, and the Carlsbad General Plan. The request for City financial assistance will assist the affordable housing developer to construct a total of 116, one, two and three bedroom affordable apartment units. The project, therefore, has the ability to effectively serve the City’s housing needs and priorities as expressed in the Housing Element and the Consolidated Plan. That based on the information provided within the Housing Commission Staff Report and testimony presented during the public meeting of the Housing Commission on February 12, 1998, the Housing Commission hereby ADOPTS Resolution No. 98-002, recommending APPROVAL to the City Council to provide up to a maximum of $1,16,0000 in financial assistance from the City of Carlsbad’s Housing Trust Fund to Carlsbad Family Housing Partnership for the construction of one hundred sixteen (1 16) affordable apartment units to help satisfy a portion the requirement of the Inclusionary Housing Ordinance for the Rancho Carrillo Master Plan. That the Housing Commission recommends that the City Manager or his designee be authorized by the City Council to execute all documents related to provision of the City assistance, including but not limited to a Loan Agreement, Note, Deed of Trust and Regulatory Agreement, in substantially the form presented to the Housing Commission on February 12, 1998 and subject to review and approval by the City Attorney. PASSED, APPROVED, AND ADOPTED at a meeting of the Housing Commission of the City of Carlsbad, California, held on the 12th of February, 1998, by the following vote, to wit: AYES: Commissioners: Calverley, Escobedo, Noble, Rose and Walker. NOES: Chairperson Dunn Wellman. ABSENT: Commissioners: Latas, Scarpelli & Schlehuber. ABSTAIN: None. CARLSBAD HOUSING COMMISSION n / :\ &d-i K. l-rw-Y&ak DEBORAH K. FOUNTAIN HOUSING & REDEVELOPMENT DIRECTOR HC RES0 NO. 98-002 -2-