Staff Report

- JOINT MEETING OF CITY COUNCIL AND HOUSING AUTHORITY RE A PROPOSED PRELIMINARY AWARD LETTER THE CITY AND HOUSING AUTHORITY PROVIDE CERTAIN COMMITMENTS TO LINWOOD ROSE, L.P. OR ITS AFFILIATE, INCLUDING THE CITY’S COMMITMENT TO SELL CERTAIN REAL PROPERTY LOCATED AT 24108 AND 24124 FIR AVENUE THEREBY PROVIDING SITE CONTROL AND AN ENFORCEABLE FINANCIAL COMMITMENT TO ISSUE THE RESIDUAL RECEIPTS MOVAL LOAN RELATING TO PROPOSED DEVELOPMENT OF THE LINWOOD ROSE PROJECT, A 36-UNIT AFFORDABLE HOUSING PROJECT -

Info
Document # 6327
Status Adopted
Category Property/Real Property
Functional Category Financial Operations
Vote
Ulises Cabrera Yes/Aye
Ed Delgado Yes/Aye
David Marquez Yes/Aye
Cheylynda Barnard Absent
Elena Baca-Santa Cruz Yes/Aye


Financial Impact
DO NOT USE ON CITY COUNCIL STAFF REPORTS


Document
Open Document File


Attachments
Site Location - Assessor Map for APNs 481-130-022 and 481-130-023
Resolution 2023-XX_City Council
Resolution HA 2023-xx_Housing Authority


Meeting History
Meeting (Nov 21, 2023 6:00 PM) Approved