HomeMy WebLinkAboutResolution 2010-059 N.C.S. 04/19/2010Resolution No. 2010-059 N.C.S.
of the City of Petaluma, California
RESOLUTION APPROVING THE SALE OF #5 WREN COURT
BY PE'~ALUMA ECUMENICAL PROPERTI~S (PEP)
W~I~R~AS, in 1984 certain properties were donated to the City of Petaluma to fulfill a
developer's inclusionary housing obligation; and,
W~-IEREAS, in 1987 the City deeded those four properties to PEP to provide low-
income senior rental housing; and,
WI~EREAS, the deeds included the proviso that any transfer or encumbrance of those
properties by PEP Housing would require City Council approval; and,
WI-IEREAS, those properties have proven to be difficult and expensive to maintain and
are lacking some of the accommodations now required in subsidized senior housing; and,
W~-IEREAS, PEP received City CoLincil approval to sell three of the four properties and
is requesting approval to dispose of the last unit located at #5 Wren Court, APN 17-260-34; and,
W~IEREAS, PEP will use the proceeds of the sale of #5 Wren Court exclusively in
furtherance of its mission to provide affordable senior housing in the City of Petaluma.
NOW, THEREFOKE, BE IT RESOLVEll that the City Council authorizes the sale of
#5 W ren Court by PEP.
Under the power and authority conferred upon this Counci] by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Ap ove a to
Council of the City of Petaluma at a Regular meeling on the 19`h day of April, 2010, for
by the following vote:
AYES: Barrctt, Vice Mayor Glass, ~Harris, Heal~~. Rabbitt, Ren~e, Mayor "forliatt
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
Cit~y Clerk
Ciry
Resolution No. 2010-059 N.C.S. Page 1