RES 17918 - Laserfiche WebLink

RESOLUTION NO. 17-918 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON APPROVING THE EXCLUSIVE NEGOTIATING RIGHTS AGREE'\TENT WITH SUNFLO,% 'ER HILL WHEREAS, the Irby Ranch project proposes eighty-seven new single family homes on a 15 acre site that would include a 1 64 acre parcel for potential affordable multi-family housing for special needs adults; and WHEREAS, the affordable multi-family housing for special needs adults at that 1 64 acre site is proposed to be developed by Sunflower Hill, a California public benefit corporation, located in and serving the Tn-Valley; and WHEREAS, Sunflower Hill and the City acknowledge that Sunflower Hill will need an experienced development partner, funding for pre-development costs, and time to develop a proposed project and financing plan. This process and pre-development funding is set forth in an Exclusive Negotiating Rights Agreement between the City and Sunflower Hill in which the City will provide financial support and time for Sunflower Hill to prepare and present through the normal public hearing process a planned unit development (PUD) plan for multi-family affordable housing for special needs adults on the 1 64 acre parcel; and WHEREAS, on February 7, 2017, a duly-noticed public hearing was held by the City Council on the Exclusive Negotiating Rights Agreement with Sunflower Hill, and the City Council considered all public testimony, agenda reports, and related materials, and the recommendations of staff, the Housing and Planning Commissions. NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES RESOLVE, DECLARE, DETER1'l INE, AND ORDER THE FOLLOWING: SECTION 1. Finds that the Exclusive Negotiating Rights Agreement between the City of Pleasanton and Sunflower Hill is consistent with the City's General Plan and the objectives of the City's affordable housing policies for special needs housing (Goal 17, Programs 48 1 and 48 8) SECTION 2 Finds that the Exclusive Negotiating Rights Agreement is for feasibility and planning studies for Sunflower Hill and its potential project on the 1 64 acre parcel, and the agreement is exempt from review under Title 14 California Code of Regulations §15262 SECTION 3. Approves the Exclusive Negotiating Rights Agreement between the City of Pleasanton and Sunflower Hill, a copy of which is attached as Exhibit A, and authorizes the City Manager to sign the agreement. Appropriates $250,000 from Lower-Income Housing Fund for Sunflower Hill as provided in the agreement SECTION 4. This resolution shall become effective immediately upon the effective date of the ordinances approving the Irby Ranch project (PUD-110) and related development agreement. PASSED, APPROVED, AND ADOPTED by the City Council of the City of Pleasanton at a regular meeting held on February 7, 2017