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SR-6-F (43) . 6-F LUTM:PB:DKW:DB:dpI87cc.pcword.plan Santa Monica, California Council Mtg: February 9, 1993 FE.B :1 1993 TO: Mayor and city Council FROM: city staff SUBJECT: Recommendation to Adopt Resolution Approving Final Map for Tenant-participating Conversion TPC-187 at 1701-09 Washing- ton Avenue INTRODUCTION This report transmits for City Council approval a Final Map for the following Tenant-Participating conversion project: Tract No. TPC NO. ADDRESS OWNER UNITS 50986 187 1701-09 Washington G. Poptsis, 6 C. Koutrombis BACKGROUND The City Planning Commission approved the Tentative Map and the Tenant-Participating Conversion for the above project on May 6, 1992, after a public hearing and a careful review of the record and staff recommendations. The action of the Planning Commission was based on the Commission's findings that the proposed Tenant-Participating Con- version meets the requirements of Article XX of the City Charter and that the proposed subdivision is consistent with applicable general and specific plans as adopted by the City of Santa Monica along with all mandatory requirements of the Subdivision Map Act of the state of California. The owners have submitted to the city a written Consent Agreement binding the owners and any successors in interest to each condition 6 -F - 1 - fES ~ 199.1 --- ---- , imposed in connection with approval of this Tenant-Participating Con- version. This Written Consent has been approved by the City Attorney and the City Manager. Each participating tenant has been informed in writing of his or her rights under Article XX of the city Charter. The License Division reports that proper arrangements have been made to ensure payment of the Tenant-participating Conversion Tax. The Final Map conforms to the Tentative Map. The Final Map has been certified by the city Engineer for conformance with the Tentative Map and conditions thereon, the Subdivision Map Act and local ordinances. The City Attorney's office has approved a Declaration of Covenants, Conditions, and Restrictions, or equivalent document, for this proj- ect as complying with the conditions of the Tentative Map and the Tenant-Participating Conversion. Council approval of a final map for a tenant-participating conversion represents one of the last steps necessary in the conversion process. Following City Council action and approval by the California Depart- ment of Real Estate the applicants may begin selling their units to the tenants. As each unit is sold a conversion tax per section 2008 of Article XX is due in an amount equal to twelve times the monthly maximum allowable rent for that unit. These taxes will be used to assist low and moderate income households to purchase or improve their units subject to affordable repayment per Section 2009 of Arti- cle xx. - 2 - . BUDGET/FISCAL IMPACT The recommendation presented in this report does not have an immedi- ate budget or fiscal impact. If and as units in the project are sold in the future, Tenant-participating Conversion Taxes will be col- lected pursuant to the provisions of Article XX of the City Charter and some increased property tax revenues may be generated. RECOMMENDATION It is respectfully recommended that the Final Map for this Tenant- participating Conversion be approved by adoption of the accompanying resolution. Prepared by: D. Kenyon Webster, Planning Manager D. Buckley, Associate Planner PC/DP187CC 12/23/91 - 3 - . . r RESOLUTION NO. 8539 (CCS) (City council Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA ACCEPTING AND APPROVING A FINAL SUBDIVISION MAP FOR TRACT NO. 50986 FOR A PROJECT AT 1701-1709 WASHINGTON AVENUE THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. That the Final Map for Tract No. 50986 in the city of Santa Monica hereby is accepted and approved. SECTION 2. That the city Clerk hereby is authorized and direct- ed to endorse upon the face of said Map this order authenticated by the Seal of the city of Santa Monica. SECTION 3. That the City Clerk shall certify to the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: ~(~ JO H LAWRENCE Act~ng City Attorney pc/DP187CC DB . - 4 - . for 6 additional officers over the need anticipated for Alternative 0 in this area. 2002 At 2002, additional police staffing needs would range from between 1 and 4 new officers. Alternatives 0, 1, 3, and 5 would require 1 new officer, Alternative 2 would required 2.6 officers, and Alternatives 4 and 6 would required 4 new officers. Alternative 10 would not require additional pOlice officers at this time. Fire Protection Buildout since the service ratio is based upon the number of dwelling units per alternative, the commercial intensive alternatives generate a smaller demand on F ire Department staffing than the alternatives that require residential development. Alternative 2 requires the largest amount of additional staff at 10 fire fighters; Alternative 4 would require 9 fire fighters. Alternative 6, with the lowest total development and a 40 percent residential requirement, and Alternative 0, existing zoning, both require an additional 5 fire fighters. Buildout of the RT area under Alternative 10 would require an additional 3 fire fighters over development of the area under Alternative O. 2002 At 2002, fire staffing needs would vary between .44 and 2 additional fire fighters. In the RT area, neither Alternative 10 - 23 -