SR-05-14-1996-6E
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Councll Mtg' May 14, 1996 Santa Monica, Cal:..fornla
HAY 1 ,. 1996
TO Mayor and C1.ty Counc1.l
FROM: Clty Staff
SUBJECT: Recommendatlon to Adopt Resolut~on Approving Flnal Map
for Tenant-PartlCl.pating Converslon :'?C-321 at 442..
Raymond.
INTRODUCTION
ThlS report transMlts for Clty Counc:l approval a F1.nal Map for the
followlng Tenant-Part1.cipating ConverSlon proJect.
Tract No. TPC NO. ADDRESS OWNER UNITS
51999 3 "'~ 441 Raymond tc Dowci & Ten
.<:;j.
A Pasor1- & {10 )
G. J-Iunter &
:a. Sha~lf
BACKGROlJ""ND
The C1.ty Plannlng Comm:'SSlon approved the Tentat:..ve Map and the ~en-
ant-PartlC1.pat1.ng Comrersion for the aDove proJect on April =>,
1995/ after a publlC ~earlng and a careful reVlew of L~e record and
staff recomme~da~:..cns The act:..on of the Planning Commlssion was
based on the COTflmiss1.on's f lndE~.gs that the proposed Tenant-
participating ConverSlan mee~s the require'l'ents of Artlcle XX of the
Cl.ty Charter and that the proposed subdlV1.Sl0n lS conslstent Wlt~
appl1.cable general and speclflc plans as adopted by the Clty of
San': a MODlca a~ong wl.th all mandatory requlrewents of the
Subdlvlslon Map Act of the State 0= Callfornla.
The owners have submltted to the C:..ty a Written Consent Agreeroent
MAY 1 4 1996
1 ~ 6 t ",j
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blndlng the owners and any successors in inte~est to each condltlon
lmposed ln connection wl~h approval of t.his Tenan~-Partlcipatlng
Conversio:1 ThlS Wrltten Consent has been approved by the C~t.y
Attorney and the Clty Manager. Each part.lclpatlng tenant has beeG
informed in writJ.ng of hls or her Ylghts under Artlcle xx of the
Ci ty Cb..arter. The Llcense D1.v:"slon reports that proper arrangement.s
have been made ....,-.. ensure payment of the Tenant-Partlcipati:1g
L-~
Conversion Tax.
The Fl~al Map conforms to the Tentatlve Map. The F1.nal Map has been
cert1.fled by tb-e Clty E::lglneer for co~fo~mance with the Tentative
Map and condltlons thereon, the SubdlV1.S10n Map Act and local
ordlnances. The Clty Attorney's office has approved a Declaratio~
of Covenants, Conditlo~s, and Restr1.ct1.ons, or eq~lvalent document,
for th1.s project as complYlng w1.th the condltl.Or.S 0= the Tentat~ve
Map and the Tenant-Participating ConverSlon.
CounclJ.. approval of a Ilnal IT,ap for a Tenant-Partic~patlng
Conversion represen~s one of the last steps necessary lD ;:.he
converSlO~ process Fol~owing City Cauncll actJ.on and approval by
the Callfornla Depart~ent of Real Estate the applicants may begln
selllng t~elr urn t s to the t.er..ants As each ur~:.. '= 1.8 S01.Q a
conversion tax per Sectie~ 2008 of Article XX 1.5 due :..n an amOUL";:
equal to twelve tlmes the monthly ~aXlmun allowable ~ent fer that
urnt. These taxes wLll be used to aSSl.st low and moaerate income
households to purchase or i~p~ove the1.r unlts subJect to affordab~e
2
~ ,
repa~ent per Sectlon 2009 of Artlcle XX
BUDGET/FISCAL IMPACT
The recomrnendat1.on presented J..n th1.S report does not have an lmmed1.-
ate budget o::c fiscal lrrpact. T - and as urnts l.n the proJect. are
~I
sold J..n the ::uture, Te~ant-Partlcipating Conve~sJ..on Taxes w1.11 be
collected pu:::suant to the provisl.ons or Artlcle XX of the Clty
Charter and some lncreased property tax revenues ~ay be generated
RECOY!MENDATION
It ~s respectfully recommended that the Final Map for this Tenant-
Particlpating ConverSlcn be approved by adoptlon of the accompanYJ..ng
resolution.
Prepared by: Suzanne Fr~ck, Dl.rector of peD
D. Ke~yon Webster, Plannlng Manager
Gina SZ1.1ak, Asslstant Planner
Planning and Zon~ng Dlvislon
Plannlng and Community Development Department
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RESOLUTION NO. 9025 (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. 51999
AT
441 RAYMOND AVENUE
THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS
FOLLOWS:
SECTION 1. That the F1nal Map for Tract No. 51999 in the Clty
of Santa Monica hereby 1S accepted and approved.
SECTION 2. That the City Clerk hereby is authorized and
directed to endorse upon the face of said Map th1.s order
authenticated by the Seal of the City of Santa Monica.
SECTION 3. That the City Clerk shall certify to the adopt1.on
of thlS Resolutlon, and thenceforth and thereafter the same shall
be 1.n full force and effect.
APPROVED AS TO FORM:
~
MARSHA JONESJ
City Attorney
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Adopted and approved thIS 14th of May, 1996
~&.~
Mayor
1 hereby certIfy that the foregomg ResolutIon 9025 (CCS) was duly adopted at a meetmg
of the CIty CouncIl held on the 14th of May, 1996 by the followmg vote
Ayes Councllmembers Abdo, Ebner, Genser, Greenberg, 0' Connor Rosenstem
Noes Councllmembers None
Abstam Counctlmembers None.
Absent Councllmembers Holbrook
ATTEST
--~.~..4
CIty Clerk