HomeMy WebLinkAboutResolutions 89-243 N.C.S. 08/07/19891~esolution No. 89-243 NC.S.
of the City of Petaluma, California
RESOLUTION APPROVING
1989-1990 HOUSING PROGRAM
WHEREAS, General Plan policy requires participation by market rate
residential development projects, to assist with the provision of very low,
low and moderate income housing; and,
WHEREAS, one method of compliance with this policy is the payment of
in-lieu housing fees by individual developers, the funds to be used to help
meet the need for very low, low and moderate income housing; and,
WHEREAS on August 7, 1989 the City Council met and discussed the
allocation of said funds for the 1989-1990 fiscal year,
NOW, THEREFORE, BE IT RESOLVED that the following programs be
undertaken in fiscal 1989-1990:
CITY OF PETALUMA
CITY COUNCIL HOUSING SUBCOMMITTEE
1989 - 1990 IN-LIEU
PROJECT PROPOSALS
PROJECT/SPONSOR
1. BHDC
Cherry Hills Development $ 380,000*
2. PPSC
a. Renter Assistance Admin. $ 13, 000
b. Mediated Assistance $ 32,000**
89-243
Nes. No . ................_............ N.C.S.
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3. PEP
Mt. View Development $ 350, 000*
4. COTS
Emergency Shelter $ 21, 001
5. EDEN
Edith St. Project Acquisition/ $ 300,000*
Development
6. CITY
a. 1989-90 Staff and Overhead $ 45, 000
b. Moderate Income project site
acquisition/development $ 400,000
c. General land bank/acquisition fund $ 51, 999
$.1,593,000
* Make commitment contingent upon substantial progress toward
development prior to July 1, 1990.
** Approve amount and concept. Proposals will be solicited from
possible providers.
The City Manager is hereby authorized to execute any agreements,
contracts, or other documents for expenditure of the funds allocated herein
above except that expenditures from Program 6c above must be authorized
by City Council.
reso. 89.90, housing. program/resoll
Under the- power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the f,.-- App: oved as to
Council of the City of Petaluma at a (R,egular) (F~tjd;)x meeting ~ fO~~
on the -•-•---...Z.~h..-..-.. day of ......................A.ugus.t........_.....-•---.-., 19-8.~.., by the
following vote: ..~ -._~...L-.l-....----•-. -.. -
City Attor ey
AYES: Tencer, Woolsey, Cavanagh, Balshaw, Davis, Mayor Hilligoss
NOES: 0
ABSENT: 0 ABSTAIN: Vice Mayor Sobel
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ATTEST: .- . ..... .................•--.- ._........ ,L'..t'~.......
City Clg~ ~~ Mayor '~
CA 10-R5 Res. No . .............................. N.C.S.