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CITY COUNCIL OF THE CITY OF PLEASANTON ALAMEDA COUNTY, CALIFORNIA RESOLUTION NO. 00-042 RESOLUTION DENYING REQUEST TO WAIVE LOWER INCOME HOUSING FEES FOR THE 36-UNIT NOLAN FARMS RESIDENTIAL PROJECT (PUD-99-5/TRACT 7143) WHEREAS, SummerHill Homes (Developer) received approval to construct a 36-unit residential development CNolan Farms"; PUD-99-5/Tract 7143) on an approximately 13.4 acre site located at Rose Avenue and Fair Street; and WHEREAS, the Developer agreed to sell to first time home buyers five of the 36 homes within the residential development under an affordability program such that the homes would be affordable to persons with incomes at 80% of the median income; and WHEREAS, the Developer has requested a waiver of the City's Lower Income Housing Fee for all 36 units in the project (currently $2,888 per unit, or $89,528 in total); and WHEREAS, the provision of affordable for-sale housing for "low income" households is a need which is expressed in the City's General Plan Housing Element and in the HUD Consolidated Planning Strategy; and WHEREAS, at its meeting of April 18, 2000, the City Council reviewed the report of the Housing Division (SR 00:101 ) regarding the proposed waiver of $89,528 in Lower Income Housing Fees for the Nolan Farms residential project; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES AS FOLLOWS: Section 1: Section 2: Council denies the request for a waiver of the Lower Income Housing Fee for all 36 units in the Nolan Farms residential project. Directs staff to collect the Lower Income Housing Fee for the entire project and allocate those fees, plus an amount from the Affordable Housing Fund, so as to total $250,000, which shall be applied to the five affordable units in the Nolan Farms project so that the sales price for those five units will be $130,000.