RES 90197 - Laserfiche WebLink

CITY COUNCIL OF THE CITY OF PLEASANTON ALAMEDA COUNTY, CALIFORNIA RESOLUTION NO. 90-197 A RESOLUTION SETTING THE LOWER-INCOME HOUSING FEE AND RELATED CREDITS WHEREAS, the Council of the City of Pleasanton has adopted an Ordinance establishing a lower-income housing fee, which fee is to be set by City Council resolution; and WHEREAS, said Ordinance also provides for certain credits to be provided to commercial, office or industrial developers when those developers construct lower-income housing, the amount of which credits are to be set by City Council resolution. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES AS FOLLOWS: Section 1: The Fees and Charges Appendix of the Pleasanton Municipal Code is hereby amended by adding Section XIII entitled Lower Income Housing Fee, to read as follows: "XIII. Lower Income Housing Fee The amount of the lower income housing fee as created by Ordinance No. 1488 shall be as follows: 1. Residential DeveloDment Projects Single-family unit, as defined by the State Department of Finance $1,800/unit Multiple-family unit, as defined by the State Department of Finance $ 600/unit Commercial, Office and Industrial Development Projects $.40/square foot of floor area, as floor area is defined in the Uniform Building Code. The amount of the lower-income housing fee credit as provided for in Section 17.40.060 of the Pleasanton Municipal Code shall be $5,000 per unit."