RES 85289 - Laserfiche WebLink

CITY COUNCIL OF THE CITY OF PLEASANTON ALAMEDA COUNTY, CALIFORNIA RESOLUTION NO. 85-289 APPROVAL OF LOW-INCOME HOUSING EXEMPTION FOR JOHN CAROLINE (PUD-84-7) WHEREAS, John Caroline has requested a lower-income housing exemption under Section 2-20.04 of the Growth Management Program for five units of a 19-unit residential project at the intersection of Vineyard Avenue and Mavis Drive; and WHEREAS, currently the City has 32 units remaining in the lower-income set aside under the Growth Management Program; and WHEREAS, the Director of Planning and Community Development presented his report (SR 85:281) regarding the request from John Caroline which analyzed the request and made several recommendations; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES AS FOLLOWS: Section 1: Approves the request for exemption from the Growth Management Program, Low-Income Set Aside Units, from John Caroline (PUD-84-7), subject to the following conditions: 1. that the five designated lower-income units shall be subject to rent limitation for at least fifteen (15) years; 2. rent adjustments may be allowed annually based upon HUD income guidelines; 3. that at least three of the five units shall be three-bedroom units; 4. the developer and his successors shall be responsible for yearly status reports on the administration of the lower-income units within the project;' such reports will include information on occupancy and income of tenants; 5. that the exemption shall lapse eighteen (18) months from the date of approval unless construction has commenced on any building in the project; 6. that the agreement shall run with the land; and