Loading...
SR-06-30-1992-6C 'i (Jt( ~ 001 b .... L LUTM:PB:DKW:DB/TP141CC.PCWOR02.PLAN JUN 3 0 Santa Monica, california . '" ~ ~;;1. Council Mtg: June 30, 1992 TO: Mayor and city council FROM: City staff SUBJECT: Recommendation to Adopt Resolution Approving Final Map for Tenant-Participating Conversion TPC-141 at l008-14 6th street INTRODUCTION This report transmits for city council approval a Final Map for the following Tenant-Participating Conversion project: Tract No. TPC NO. ADDRESS 1008-14 6th St. OWNER UNITS 50416 141. Kenneth Downing 14 plus 2 bootleg units BACKGROUND The City Planning Commission approved the Tentative Map ~nd the Tenant-Participating conversion for the above project on April 3, 1991, 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 Conversion 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 - 1 - 6.,c JI'''' r. . . ~ . ~ ~l~ J v !::~ 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/FISC~L 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, Principal Planner Drummond Buckley, Assistant Planner City Planning Division Land Use and Transportation Management Department PC/TP141CC 10/29/90 - 3 - BEFORE DISTRIBUTION CHECK CONTENT 9F ALL,FO~ CITY CLERK'S ;rSiRIaUTION OF RESOLUTI0N f , y~~~ ORDINANCE i Council Meeting Date.,. '17'''/f~ Introduced: & ,- c.. ACTION Agenda Item . Adopted: , ALWAYS PUBLISH ADOPTED ORDINAN Cross out Attor~~y's approval 'Was it amended?, ....IV /) VOTE: Affirmative: 0 - I Negative: Abstain: t Absent: ~:e:--_ .. . PROOF VOTES WITH ANOTHE~PERSON BEFORE ANYTHING DISTRIBUTION; ORIGINAL to he signed, sealed and filed in Vault. NEWSPAPER PUBLICATION (Date: ) O~partment originating staff report( ~uri~ L1e~crm~n} Ordinances only for Attorney ( Claudia Thompson) Management Services Lynne Barrette ORDINANCES ON~Y Agency mentioned in document or staff report (certifJ.~4?) ~I 1 Subject file (agenda packet) Counter file 1 1 Finance General Library Manager Fire for departments who need to Parlt)inq Auth. Personnel Planning Police Purchasing Recr/Parks , know) . Others: (Review Airport Auditorium Buildinq Dept. ClEO . , Serv. Transportation, Treasurer SEND FOUR COPf~S OF ALL ORDINANCES TO: .(:C'!)~!) ~~~~E~~~' ~ ~ ~ ,t ~ lU) Mai.n SHeet cYp/ ~LP~ ff'rJ'!'r-,/- Aucn.. .!.i~ ;:;ii;.~ii:tqY ':;771-"1 ~ W.f-- 1?T7p: ~.NHn- (,"t-er.srtE-N!O*'~ 9" /er'f -s ~1'j' SEND FOUR COPIES OF ALL ORDINANCES TO: 4 Debra Myrick Sant~ Monica Municipal Court 1725 Main Street, Room 118 3 Santa Monica, CA 90401 Total Copies ... 'OJ ... RESOLUTION NO. 8425 (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. 50416 THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. That the Final Map for Tract No. 50416 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: ~~ 'WU"'" ROBERT M. MYERS city Attorney pc/tp141cc - 4 - f Adopted and approved this 30th day of June, 1992. ~~ · la'S'or I hereby certifY that the foregoing Resolution No. 8425(CCS) was duly adopted by the City council of the City of Santa Monica at a meeting thereof held on June 30, 1992 by the following Council vote: Ayes: Councilmembers: Abdo, Genser, Holbrook, Olsen, Vazquez, Zane Noes: Councilmembers: None Abstain: councilmembers: None Absent: Councilmembers: Katz ATTEST: /:~J1~i2~ ~ - City clerk!