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2. Contribution to the Housing Fund <br /> <br />0 to 10 points <br /> <br />-Extent to which the project contributes to the City- <br />designated housing corporation according to the <br />following schedule: <br /> <br />$130 per <br />$160 per <br />$190 per <br />$220 per <br />$250 per <br />$280 per <br />$310 per <br />$340 per <br />$370 per <br />$400 per <br /> <br />dwelling <br />dwelling <br />dwelling <br />dwelling <br />dwelling <br />dwelling <br />dwelling <br />dwelling <br />dwelling <br />dwelling <br /> <br />unit <br />unit <br />unit <br />unit <br />unit <br />unit <br />unit <br />unit <br />unit <br />unit <br /> <br />- 1 point <br />- 2 points <br />- 3 points <br />- 4 points <br />- 5 points <br />- 6 points <br />- 7 points <br />- 8 points <br />- 9 points <br />- 10 points <br /> <br />Note: <br /> <br />Section 3. <br /> <br /> Points accrued in this section shall be added <br /> to the points accrued in Section 1 above, not <br /> to exceed a maximum of 15 points for the two <br /> sections combined. Contributions of land, if <br /> accepted by the City, shall be treated as if <br /> they were monetary contributions for the pur- <br /> poses of this section. The jointly agreed-upon <br /> value of the land would be pro-rated over the <br /> entire development proposal to yield a contri- <br /> bution per dwelling unit equivalent amount. <br /> Accepted land gifts shall be used as a credit <br /> toward the amount a developer has offered in <br /> cash. <br /> <br />This resolution shall be effective immediately. <br /> <br />THIS RESOLUTION ADOPTED ON SEPTEMBER 11, 1979, BY THE FOLLOWING VOTE: <br /> <br />AYES: <br /> <br />Councilmembers - Butler, Kephart, Mercer, Wood and <br /> <br /> Mayor Brandes <br />NOES: None <br />ABSENT: None <br />ABSTAIN: None <br /> <br />ATTEST FN~KC.B~~OR <br />Cl~aton E. Brown, CitY~Clerk <br />By Doris George, Deputy City Clerk <br /> <br />APPROVED AS TO FORM <br /> <br />v , City Attorney <br /> <br />-6- <br /> <br /> <br />