pages: CityCouncil/2011-07-19.pdf, 12
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CityCouncil | 2011-07-19 | 12 | In response to Councilmember Tam's inquiry, the Planning Services Manager responded 21 to 28 of the 182 units would be in a single rental building; stated multi- family units would be affordable and market rate rentals; townhouses and single family homes would be on individual fee, simple lots; Elm Street and Blanding Avenue would be dedicated to the City; the park and open space would remain part of the project and would be built, owned, and maintained by the project; the entire two acres would have a public access easement. The Acting Community Development Director stated that staff is in real property negotiations with the owner for an Owner Participation Agreement (OPA) to implement financial provisions of the Settlement Agreement; estimated revenues could be provided when staff comes back to Council for the OPA approval. Mayor Gilmore inquired whether the streets would be dedicated to the City but maintained by the project, to which the Planning Services Manager responded in the affirmative. Councilmember Johnson requested clarification on obligations that would need to be met in the first two years to trigger the City's financial obligation. The Acting Community Development Director stated objectives would include tentative map consideration, the OPA, design approvals, and affordable housing agreements; a lot of the obligations would be transferred into the OPA and would have to be met to receive financial assistance. Councilmember Johnson inquired whether the clock would start running when the property transfers, to which the Planning Services Manager responded in the affirmative; stated or when major improvements start. Councilmember Johnson inquired what would be the incentive for construction to start. The Planning Services Manager responded everyone wants to develop a project that could start as soon as possible; stated under the current agreement, less financial help would be available the longer the project sits. Councilmember Johnson stated stronger incentives should be provided to ensure that the project moves forward. The Acting Community Development Director stated an outside date could be provided in the OPA in which financial assistance would go away if performance measures have not been met. Councilmember Johnson requested that staff explore different options; inquired whether remediating the blight has a timeline. Regular Meeting Alameda City Council 12 July 19, 2011 | CityCouncil/2011-07-19.pdf |