R-14
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RESOLUTION NO. 14
(Housing Authority Serles)
RESOLUTION OF THE HOUSING AUTHORITY OF THE
CITY OF SANTA MONICA DETERMINING THAT DEVELOP-
~lliNT SHOULD BE EXEMPT FROM EMERGENCY BUILDING
MORATORIUM PURSUANT TO SECTION 3(b)
WHEREAS, Seavlew Paclflc, Ltd., and SeaVlew Pacific Owners
ASsoclatlon des1re to enter lnto an agreement with the Housing
Authorlty of the C1ty of Santa Monlca to lmpose restrlct10ns on real
property located at 601 PaciflC Street, Santa Monlca; and
WHEREAS, the agreement provides that one of seven
condoID1n1Uffi units to be developed at the property wll1 be rented to
low lncome persons; and
WHEREAS, Sectlon 3(b) of Ordinance No. 1207 authorizes the
Houslng Authorlty of the Clty of Santa Monlca to determine that the
development be exempt from the Emergency Buildlng Moratorium thereln
establlshed.
NOW, THEREFORE, THE HOUSING AUTHORITY OF THE CITY OF SANTA
MONICA DOES RESOLVE AS FOLLOWS:
SECTION 1. The development as set forth ln the Agreement
Imposlng Restrlctlons on Real Property to be entered into between the
Houslng Authority of the City of Santa Monica, Seavlew Pacific, Ltd.,
Seaview Paclflc Owners Association, and the California Coastal
CommlSSlon, lS exempt from the Emergency BUllding MoratorlUID subJect
to the condltlon set forth in Sect10n 2 of thlS resolutlon.
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SECTION 2. Wlth~n th~rty (30) days of the adopt1on of
th~s resolutlon Seaview Pac1flc, Ltd., w111 agree ln writing that
on or before the commencement of constructlon of the development
descr~bed above ~t w~ll pay the Houslng Authority of the City of
Santa Monlca a fee 1n 11eu of provid1ng a second low income unit
~n the development computed as follows: Thirty-three Thousand
Four Hundred Dollars ($33,400) if all required approvals and
variances can be obta1ned to ellminate two (2) parklng spaces, or
Twenty-seven Thousand Dollars ($27,000) ~n the event that such
approval cannot be obtained.
SECTION 3. The Secretary Pro Tempore shall certify to
the adoptlon of thlS resolutlon, and thenceforth and thereafter
the same shall be ln full force and effect.
APPROVED AS TO FORM:
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ROBERT M. MYERS 0
Actlng Clty Attorney
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ADOPTED and APPROVED
thlS 26th day of May 1981.
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CHAIRW MAN ::J1
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Secretary Pro Tewpore
I hereby certlfy that the forego1ng resolution was duly
adopted by the Hous1ng Authorlty of the Clty of Santa Monica at a
speclal meetlng thereof, held on the 26th day of May 1981, by the
followlng vote of the Authority:
AYE S :
Member: Conn, Edwards, Jennings, Press, Reed,
Zane, Yannatta Goldway
NOES:
Member: None
ABSENT:
1>1ember: None
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ecretary Pro Tempore
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