HomeMy WebLinkAboutResolution 2020-028 N.C.S. 02/24/2020Resolution No. 2020-028 N.C.S.
of the City of Petaluma, California
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PETALUMA
ALLOCATING $1,500,000 OF HOUSING IN -LIEU FUNDS FOR THE TO
PETALUMA ECUMENICAL PROPERTIES FOR THE PROPOSED
FIFTY-FOUR VETERANS AND HOMELESS SENIOR LOW-INCOME
RENTAL HOUSING DEVELOPMENT AT 951 PETALUMA BOULEVARD,
SOUTH, KNOWS AS THE RIVER CITY SENIOR APARTMENTS
WHEREAS, Petaluma Ecumenical Properties (PEP), a local affordable senior housing
development non-profit organization has requested the City of Petaluma to allocate $1,500,000
from the City's Housing In -Lieu funds for the construction of the proposed River City Housing
development; and
WHEREAS, Petaluma Ecumenical Properties (PEP) has also requested the City of
Petaluma to support the development of the proposed River City Senior low-income rental
housing project on the City -owned site at 951 Petaluma Boulevard, South; and
WHEREAS, Petaluma Ecumenical Properties (PEP) seeks other federal, state and
private financing for the construction of the River City Senior project; and
WHEREAS, the City of Petaluma intends to support the development of the River City
Senior housing development by transferring title of the site at 951 Petaluma Boulevard, South
upon Petaluma Ecumenical Properties (PEP) securing the funds to build the project; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Petaluma
to allocate $1,500,000 of the Housing In -Lieu Funds to Petaluma Ecumenical Properties for the
development of the River City Senior Housing project at 951 Petaluma Boulevard, South.
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 AlrgVe as to
Council of the City of Petaluma at a Regular meeting on the 241h day of Februarygr .
2020, by the following vote: 4
o
City Atter o ey
AYES: Mayor Barrett; Vice Mayor Fischer; Healy; Kearney; King; McDonnell; Miller
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
City Clerk Mayor
Resolution No. 2020-028 N.C.S. Page 1