Laserfiche WebLink
RESOLUTION NO. 13-636 <br /> RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON, <br /> APPROVING THE AFFORDABLE HOUSING AGREEMENT BETWEEN THE CITY OF <br /> PLEASANTON AND RING FINANCIAL, INC., AS FILED UNDER CASE NO. PUD-87 <br /> WHEREAS, Ring Financial, Inc., has made an application to the City for an <br /> Affordable Housing Agreement for the construction of a high-dersity residential/ <br /> commercial development located at 3150 Bernal Avenue., filed under Case No. PUD- <br /> 87; and <br /> WHEREAS, the Pleasanton Housing Commission reviewed the Affordable <br /> Housing Agreement at its duly-noticed public hearing of June 20, 2013; and <br /> WHEREAS, a duly-noticed public hearing was held by the City Council on <br /> August 6, 2013, at which time the public was given the opportunity to comment on the <br /> Affordable Housing Agreement; and <br /> WHEREAS, the City Council considered all the information presented at the <br /> public hearing regarding the terms of the Affordable Housing Agreemerr:. <br /> NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL CF THE CITY OF <br /> PLEASANTON DOES RESOLVE, DECLARE, DETERMINE, ANC ORDER THE <br /> FOLLOWING: <br /> SECTION 1. The City Council finds that the proposed Affordable Housing <br /> Agreement between the City of Pleasanton and Ring Financial, Inc., is consistent with the <br /> City's General Plan and the objectives of the City's affordable housing polices. <br /> SECTION 2. The City Council approves the Affordable Housing Agreement <br /> between the City of Pleasanton and Ring Financial, Inc., a copy of which is attached <br /> hereto as Exhibit A and incorporated herein by this reference; and au:horizes the City <br /> Manager to execute the Affordable Housing Agreement in generally the form attached <br /> as Exhibit A. <br /> SECTION 3. This resolution shall become effective immediately upon the <br /> effective dates of the ordinances approving the PUD development plan and <br /> development agreement for this project. <br /> PASSED, APPROVED, AND ADOPTED by the City Council of the City of <br /> Pleasanton at a special meeting held on August 6, 2013. <br /> I, Karen Diaz, City Clerk of the City of Pleasanton, California certify that the <br /> foregoing resolution was adopted by the City Council at a special meeting held on the <br /> 6th day of August 2013, by the following vote: <br /> 1 <br />