pages: CityCouncil/2010-06-15.pdf, 7
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CityCouncil | 2010-06-15 | 7 | The Interim City Manager stated the ordinance could be introduced and numbers could be brought back for final adoption. Mayor Johnson stated the idea sounds good. Councilmember Matarrese stated that he likes the approach; he is concerned that the City could end up holding to the 25% requirement and not get any affordable units; the project could build six affordable units without City subsidy; backfilling with City subsidy would only deliver four more units; more than four units could be built by using the subsidy somewhere else. The Interim City Manager stated staff would come back to Council regarding a project that is before the Planning Board next week, which deals with the kicking the can down the road issue; numbers would be provided at the July 6th Council meeting. Councilmember Matarrese moved introduction of the ordinance with direction to have the Interim City Manager bring back financial information balancing four units within the project versus money that would go elsewhere to potentially build more than four units. Vice Mayor deHaan seconded the motion. Under discussion, Vice Mayor deHaan stated that he is concerned about homes selling in today's market; inquired how many units have been sold, to which Mr. Leaman responded three. Vice Mayor deHaan inquired whether two of the sales were to prior owners, to which Mr. Leaman responded one sale was to the prior property owner. Vice Mayor deHaan inquired when the next phase would be built, to which Mr. Leaman responded second phase sales would be this weekend. Councilmember Gilmore stated that she reluctantly goes along with the motion for the moment; she wants to see the concept of not kicking the can down the road; she would like to get more than four units because a dent would be made in the overall requirement. On the call for the question, the motion carried by the following voice vote: Ayes: Councilmembers deHaan, Gilmore, Matarrese, and Mayor Johnson - 4. Noes: Councilmember Tam - 1. CITY MANAGER COMMUNICATIONS (10-291) PERS Actuarial Update - Bartel and Associates John Bartel, Bartel and Associates, gave a Power Point presentation. Regular Meeting Alameda City Council June 15, 2010 | CityCouncil/2010-06-15.pdf |