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Source of funding: Park Dedication In-Lieu Fees (12.7%), Park General Fund CIP <br /> Funds (84.9%), Developer Contributions (2.4%) <br /> Lower Income Housing Fund (Fund 271) <br /> Amount collected in previous fiscal years subject to 5 year limitation: $10,484,644 <br /> Funds are committed to the following project: <br /> 9 Kottinger Place Redevelopment— project#271002 <br /> Description: Redevelopment of Kottinger Place and Pleasanton Gardens from a total <br /> of 91 units to an 185 units senior housing project. <br /> Approximate project completion date: 2016 <br /> Project cost: $62,000,000 <br /> % funded by development impact fees: 16.1% <br /> Source of funding: Lower Income Housing Fees (16.1%), Tax Credits, <br /> HUD 202 Funds, private bank loans (83.9%) <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at <br /> a regular meeting held on the 15th day of December, 2015. <br /> I, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing <br /> resolution was adopted by the City Council at a regular meeting on December 15, 2015 by the <br /> following vote: <br /> Ayes: Councilmembers Brown, Narum, Olson, Pentin, Mayor Thorne <br /> Noes: None <br /> Absent: None <br /> Abstain: None <br /> Karen iaz, City Clerk <br /> APPROVED AS TO FORM: <br /> Jona - '. Lowell, City Attorney <br /> • <br />