HomeMy WebLinkAbout123-97RESOLUTION NO. 123-97
AUTHORIZING THE TOWN MANAGER TO EXECUTE AN AFFORDABLE
HOUSING AGREEMENT FOR THE MODERATE INCOME HOUSING UNITS
REQUIRED TO BE ESTABLISHED IN PUD 95-06 AND SD 7964
(LAWRENCE ESTATES - PULTE HOME CORPORATION)
WI-W~REAS, on December 19, 1995 the Danville Town Council adopted Resolution No. 175-95
approving PUD 95-06 and SD 7964 (Lawrence Estates - Pulte Home Corporation); and
WI-IEREAS, the action provides for construction of a 33-unit single family residential project on
a 10.0+/- acre parcel located at 1225 and 1245 Lawrence Road (fronting 480' +/- along the east
side of Lawrence Road directly east of the intersection of Culet Road and Lawrence Road), being
further identified as APN # 206-140-002 and -002); and
WI-W~REAS, conditions of approval for the project require that the applicant construct four units
which shall have a sales price that does not exceed the maximum price affordable to a four-person
household earning 110% of the median income established for Contra Costa and Alameda
Counties; and
WHEREAS, Pulte Home Corporation is required to execute an Affordable Housing Agreement
("agreement") with the Town of Danville regulating the occupancy, sale and resale of the
affordable housing units; and
WHEREAS, promoting the development of affordable housing within the Town of Danville is
a goal of the adopted 1990-1995 Housing Element Update of the Town of Danville; and
WHEREAS, the Town Council reviewed the agreement submitted by Pulte Home Corporation
for the regulation of occupancy, sale and resale of the affordable housing units in the subject
development on September 3, 1997; and
WHEREAS, a staff report was submitted recommending that the Town Council approve the
agreement with Pulte Home Corporation for the affordable housing units; now, therefore, be it
RESOLVED, that the Danville Town Council hereby finds that the agreement regulating the
occupancy, sale and resale for the affordable housing units within PUD 95-06 and SD 7964 is
appropriate; and be it further
RESOLVED, that the Danville Town Council hereby authorizes the Town Manager to execute
the Affordable Housing Agreement with Pulte Home Corporation in the form as lodged with the
City Clerk, together with such changes as may hereafter become necessary, provided such changes
do not materially increase the obligations of the Town thereunder.
APPROVED by the Danville Town Council at a Regular Meeting held on September 3, 1997,
by the following vote:
AYES: Doyle,
NOES: None
ABSTAIN: None
ABSENT: None
Waldo, Arnerich,
Greenberg, Shimansky
APPROVED AS TO FORM:
CITY ATTORNEY
ATTEST:
CITY CLERK
PAGE 2 OF RESOLUTION NO. 123-97