HomeMy WebLinkAbout2008-12-11; Housing Commission; Resolution 2008-0021 HOUSING COMMISSION RESOLUTION NO. 2008-002
2 A RESOLUTION OF THE HOUSING COMMISSION OF THE
CITY OF CARLSBAD, CALIFORNIA, RECOMMENDING
3 APPROVAL TO THE CITY COUNCIL OF A REQUEST TO
PURCHASE A TOTAL OF 11 AFFORDABLE HOUSING
4 CREDITS IN THE VILLA LOMA AND/OR CASSIA HEIGHTS
AFFORDABLE APARTMENT PROJECTS IN ORDER TO
5 SATISFY THE AFFORDABLE HOUSING OBLIGATION OF THE
HOUSING DEVELOPMENT KNOWN AS LA COSTA TOWN
6 SQUARE UNDER THE CITY'S INCLUSIONARY HOUSING
ORDINANCE.7
CASE NO.: CT 08-038
9 WHEREAS, a housing development and related commercial project known as La Costa Town
10 Square and identified by Tentative Map CT 08-03 is currently under review and consideration and is
11 proposed to provide for a maximum of 64 market rate residential units; and
12 WHEREAS, said development has requested approval from the City of Carlsbad to purchase a
13 total of 11 affordable housing credits in the Villa Loma and/or Cassia Heights affordable housing projects
14 to satisfy the inclusionary housing requirement of said Tentative Map; and
15 WHEREAS, the Housing Commission did hold a public meeting to consider said request for the
purchase of Affordable Housing Credits by said development; and
1' 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 and
request to purchase Affordable Housing Credits.
20 NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing Commission of the City
21 of Carlsbad, California, as follows:
22 1. That the above recitations are true and correct.
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2. The Commission recommends approval by the City Council of the developer's request to
24 purchase credits in the Villa Loma and/or Cassia Heights Affordable Housing developments
and find the request to be consistent with the goals and objectives of the City of Carlsbad's
25 Housing Element, the Inclusionary Housing Ordinance, and the Carlsbad General Plan.
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1 Page 2 of Housing Commission Resolution # 2008-02
2 3. That based on the information provided within the Staff Report and testimony presented
during the public meeting of the Commission, the Housing Commission hereby
3 RECOMMENDS APPROVAL of the request by the developer to purchase a total of 11
affordable housing credits in the Villa Loma and/or Cassia Heights affordable housing
4 projects in order to satisfy the affordable housing obligations of the La Costa Town Square
(CT 08-03) development under the city's inclusionary housing ordinance.
4. That the Housing Commission recommends to the City Council that the Community
Development Director or his or her designee be authorized to execute a standard Affordable
Housing Agreement with the noted developer to permit the purchase of 11 affordable housing
' credits in the Villa Loma and/or Cassia Heights Affordable Housing Developments as set
forth within this resolution, and subject to review and final approval by the City Attorney.8
9 ' PASSED, APPROVED, AND ADOPTED at a regular meeting of the Housing Commission of
the City of Carlsbad, California, held on the 11th day of December, 2008 by the following vote, to wit:
11 AYES: Smith, Ritchie, Kirk
12 NOES: None
13 ABSENT: Wrisley, Bradwell
14 ABSTAIN: None
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17 Bobbie Smith, Housing Commission Chair
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20 ATTEST:
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>. -A-A^hu22Debbie Fountain, Housing and Redevelopment Director
231'
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