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Section 2: <br /> <br /> The City Attorney is directed to draft the <br />agreement cited above and the Mayor is authorized <br />to execute such agreement, which is to run with <br />the land to ensure that the lower income restrictions <br />are effectively carried out. <br /> <br />Section 3: <br /> <br /> The low income housing exemption shall expire in <br />eighteen (18) months if development shall not have <br />commenced in accordance with Growth Management <br />Program requirements for small projects. <br /> <br />Section 4: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br />THIS RESOLUTION ADOPTED OCTOBER 25, 1983 BY THE FOLLOWING <br />VOTE: <br /> <br />AYES: Councilmembers - Brandes, Mercer, Mohr, and <br /> Mayor Butler <br /> Councilmember Wood <br /> None <br /> <br />NOES: <br />ABSENT: <br />ABSTAIN: <br /> <br />ATTEST: None RO ~'~ <br /> BERT~~. BUTLER, MAYOR <br /> <br /> <br />