HomeMy WebLinkAbout021-99RESOLUTION NO. 21-99
AUTHORIZING THE TOWN MANAGER TO
EXECUTE AN AFFORDABLE HOUSING AGREEMENT FOR THE
MODERATE INCOME HOUSING UNITS TO BE ESTABLISHED IN SD 8014 -
GREENTREE MANOR APARTMENTS - CASTLE CONSTRUCTION COMPANY,
INC. (SAN RAMON VALLEY BOULEVARD AND PODVA ROAD)
WHEREAS, at meetings on August 5, 1997 and October 7, 1997, the Danville Town Council
adopted Ordinance No. 97-04 and Resolution No. 77A-97 approving Preliminary and Final
Development Plan-Rezoning request PUD 96-04 and Final Development - Major Subdivision
request SD 8014; and
WHEREAS, the approvals provide the applicants (Castle Construction Company, Inc.)
authorization for a 38-unit apartment/condominium development on a 2.33+/- acre site located
at the northwest corner of the intersection of San Ramon Valley Boulevard and Podva Road; and
WHEREAS, conditions of approval for the project linked the approval to the provision of either
for-rent or for-sale affordable housing units earning a maximum of 110% of the median income
established for Contra Costa and Alameda Counties; and
WHEREAS, Castle Construction Company, Inc. is required to execute an affordable housing
agreement with the Town of Danville regulating the occupancy, rent, 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 Castle Construction
Company, Inc. for the regulation of occupancy, rent, sale and resale of the affordable housing
units in the subject development on March 2, 1999; and
WHEREAS, a staff report was submitted recommending that the Town Council approve the
agreement with Castle Construction Company, Inc. 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 unit to be developed within PUD 96-04
/ SD 8014 is appropriate; and be it further
RESOLVED, that the Danville Town Council hereby authorizes the Town Manager to execute
the affordable housing agreement with Castle Construction Company, Inc. in the form as
submitted to the City Clerk, together with such changes as may hereafter become necessary,
provided such changes do not materially increase the obligations of the Town.
APPROVED by the Danville Town Council at a regular meeting on March 2, 1999, by the
following vote:
AYES: Arnerich, Greenberg, Doyle,
NOES: None
ABSTAIN: None
ABSENT: None
Shimansky, Waldo
APPROVED AS TO FORM:
CITY ATTORNEY C~))
ATTEST:
CITY CLERK
PAGE 2 OF RESOLUTION NO. 21-99