Loading...
HomeMy WebLinkAbout080-2020DocuSign Envelope ID: D2B8B27C-BA9A-43A2-9FBA-792E9EBBD72D RESOLUTION NO. 80-2020 AUTHORIZING THE TOWN MANAGER TO EXECUTE A REGULATORY AGREEMENT AND DECLARATION OF RESTRICTIVE COVENANTS FOR THE BELOW MARKET RATE ATTACHED ACCESSORY DWELLING UNITS (BMR ADUS) REQUIRED THROUGH APPROVAL OF FINAL DEVELOPMENT PLAN REQUEST DEV18-09 (EDENDALE - 2550 CAMINO TASSAJARA) WHEREAS, at their meeting on May 7, 2019, the Danville Town Council adopted Town Council Resolution No. 31-2019, approving Final Development Plan request DEV18-09; and WHEREAS, the approval authorized the construction of 18 single family residential parcels, consisting of 18 single family detached residential units and 8 attached below market rate accessory dwelling units (BMR ADUs) for low income households; and WHEREAS, consistent with State of California and Town of Danville density bonus regulations, the developer (i.e., TH Danville, LLC) is required to execute a Regulatory Agreement and Declaration of Restrictive Covenants (Affordable Housing Agreement) that is satisfactory to the Town to regulate the development and operation of the BMR ADUs for low income households; and WHEREAS, promoting the development of affordable housing within the Town of Danville is a goal of the adopted Danville 2014-2022 Housing Element; and WHEREAS, the Town Council reviewed the draft Affordable Housing Agreement prepared for the project that will provide for the regulation of the occupancy and use of the BMR ADUs at their meeting of December 15, 2020; and WHEREAS, a staff report was submitted recommending that the Town Council approve the draft Affordable Housing Agreement between the Town and TH Danville, LLC for the BMR ADUs; now, therefore, be it RESOLVED, that the Town Council authorizes the Town Manager to execute a Regulatory Agreement and Declaration of Restrictive Covenants for the below market rate attached accessory dwelling units (BMR ADUs) required through approval of Final Development Plan request DEV18-09 (Edendale - 2550 Camino Tassajara). DocuSign Envelope ID: D2B8B27C-BA9A-43A2-9FBA-792E9EBBD72D APPROVED by the Danville Town Council at a regular meeting on December 15, 2020 by the following vote: AYES: Arnerich, Fong, Morgan Stepper, Storer NOES: None ABSTAINED: None ABSENT: None EDocuSigned by: l D74F385835E14D5... MAYOR APPROVED AS TO FORM: ATTEST: DocuSigned by:/' 895C6C4OADBF4BF... EDocuSi 71735A3F04C942F... CITY ATTORNEY CITY CLERK PAGE 2 OF RESOLUTION NO. 80-2020