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SR-04-08-1986-6D ~ .. /,- ." ...." -- . e ~___ I' ~ ~ ""i t,-1) API .. 8 .. L/pt(~{)o/ cjED:RAS:RM:nh Councll Mtg: Apr11 8. 1986 Santa Monica. Callfornla TO: Mayor and Clty Councl1 FROM: Clty Staff SUBJECT: Reco~~endatlon to Adopt Resolutlon Approvlng Plnal Map for Tenant-participating ConverSlon TPC-009 at 611 Nlnth Street. INTRODUCTION ThlS report transJUits for Clty Councll approval a Final Map for the followlng tenant-partlclpatlng converSlon proJect: Tract No. TPC NO. ADDRESS OWNER UNITS TPM 44029 TPC-009 611 Ninth Street Leonid Grishpun et a1 5 BACKGROUND The Cl ty Planning C0'1\l1llSS10n approved the Tentatl ve Map and the Tenant-Part1clpating ConverSlon for the above proJect on Aprl1 1, 1985, after a publlC hearlng and a careful reVlew of the record and staff reco~~endations. The actlon of the Plannlng CO~JUisslon was based on the COJU~lss10n's flnd1ngs that the proposed Tenant- Partlclpatlng Converslon ~eets the requlre~ents of Artlcle XX of the Clty Charter and that the proposed 5ubd1v1slon 15 conslstent wlth appllcable general and specLf1c plans as adopted by the City of Santa Monlca along wlth all ~andatory requlre~ents of the Sub- dlVlSlon Map Act of the State of Callfornla. The owners have sub~ltted to the Clty a Wrltten Consent Agree~ent bLndlng the owners and any successors 1n interest to each h-l) APR.S" - 1 - e e condl tlon l'llposed In connectlon w~ th approval of thi s Tenant- Partlclpat~ng ConverSlon. This Wrltten Consent has been approved by the City Attorney and the City Manager. Each partlclpatlng tenant has been lnfor'lled 1n wrl t1ng of hl S or her rlghts under Article XX of the City Charter. The License Dl vlsion reports that proper arrange'llents have been 'llade to ensure paY'llent of the Tenant-Partlclpatlng Converslon Tax. The Flndl Map confor'lls to the Tentatlve Map. The Flnal Map has been certlfled by the City Englneer for confor'llance wlth the Ten- tatlve Map and conditions thereon, the Subdivls10n Map Act and local ordinances. The Clty Attorney's offlce has approved a Dec- laratl0n of Covenants, Condltlons, and Restrlctions, or equlva- lent docu'llent, for thlS project as CO'llplYlng wlth the condltlons of the Tentatlve Map and the Tenant-Partlclpatlng Conversion. Councl1 approval of a flnal >nap for a tenant-partlclpating con- verSlon represents one of the last steps necessary lU the conver- Slon process. Followlng City Couucl1 actlon and approval by the Callfornla Depart>nent of Real Est-ate the applicants >nay b{;!gin selllng thelr unlts to the tenants. As each unlt lS sold a con- ver Slon tax per Sectlon 2008 of Artlcle XX 1 S due ln an a'llount equal to twelve tl'lleS the 'llonthly >naXl'l1U'l1 allowable rent for that unlt. These taxes wlll be used to assist low and ~oderate inco'lle households to purchase or i'llprove thelr unlts subject to afford- able repaY'llent per Sect10n 2009 of Artlcle XX. - 2 - e e BUDGET/FISCAL IMPACT The reeo~~endatlon presented 10 thlS report does not have an L~- ~edlate budget or flseal L~paet. If and as unlts in the proJect are sold 1n the future, Tenant-ParticLpatLng Converslon Taxes wlll be collected pursuant to the provislons of Artlcle XX of the C1 ty Charter and SO'lle 1ncrea sed property tax revenues 'TIay be generated. RECOMMENDATION It 18 respectfully reco'll'11ended that the Flnal Map for th1S Tenant-Partic1pating Convers1on be approved by adoptLon of the accO'TIpanY1ng resolut2on. Prepared by: R. Ann Slracusa, D1rector of Plannlng Rlchard Mll1s, AssLstant Planner Clty Plannlng Dlvislon Co~~unlty and Econo~ie Develop'11ent Depart'llent - 3 - VOTE: Affirmat1ve: ~ Negative: ~ Abstain: g Absent: ~ ~ PROOF VOTEF WITH ANOTHER PERSON BEFORE A~~THING ~ liiSTKiEuTluN: uRiGiNAL ~o oe signea, sealed and filed in Vault. ~ o ~ Auditorum .j..l ~ ~ BU1ld1ng Dept. Cf" ~ k CulllLUJri ty and Econcrnic Dev. ~ F1nance .r-! 4-1 4-1 Fire o t'1 co ....... o r-J ....... 0'1 ~ > ...-1 ~ l) ~ ~ .j....I o s:: >- (!) ~ k o .j....I .j..l < ~ C'j ...c: ~ ~ - >- G) J:::: H o ~ ~ < >- ~ ...-1 U '4-1 o ~ .j....I J..o Q) ..c o 0:: -' e e Counc1! Meeting Date Introduced: Agenda Item # Adopted: Af}."IAYS PUBLISH AOOPTW ORDINANCES* *Cross out Attorney's approval Was it amended? NEWSPAPER PUBLICATION (Date: ) ) Department originating staff report ( Management Serv.i~e~ Lynne Barrette -urd1nances only ~ Agency mentioned in document or staff report (cert1f1ed?) Subject file (agenda packet) 1 Counter file 1 Others: Airport Parking Auth. Personnel Planning Police (en- forcement?) I Purchasing . Recr/Parks General Servo Transportation Library Manager Treasurer SEND FOUR COPIES OF ALL QRDINANCES' TO: CODfD ?YSTEMS, Attn Peter r4.aclearie 12_0 ~fa1n .l"'tr~et Av61, ~~w Jersey_07717. SEND FOUR COPIES OF AT.T~_ ORnTNANr'Ps TO: DebrSl M.yrick SAN'rA MONICA MUNICIPAL COURT " 725 MAIN STREE1;. Room 118 SANTA MONICA, CA 90401 *Check Code Sections before sending TOTAL COPIES 5 11"- , e e RESOLUTION NO. 7191 (CCS) (Clty Councll Serles) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA ACCEPTING AND APPROVING A FINAL SUBDIVISION MAP FOR TRACT NO. 44029 THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. That the F1nal Map of Tract No. 44029 ln the Clty of Santa Mon1ca hereby lS accepted and approved. SECTION 2. That the C1ty Clerk hereby lS authorlzed and directed to endorse upon the face of sald Map thlS order authen- tlcated by the Seal of the Clty of Santa Monlca. SECTIOtT 3. That the Cl ty Clerk shall certlfy to the adop- tlon of thl s Resolutlon, and thenceforth and thereafter the sa'lle shall be in full force and effect. APPROVED AS TO FORM: ~W\.~ Robert M. Myer s 0 Clty Attorney cc7 3-26-86 - 4 - "'.... F e e Adopted a~d approved thIS 8th day of AprIl, 1986. . /U~h~lj--z-,- J2, I Mayo'" I hereby certify that the foregoing ResolutIon No. 7191(CCS) was duly adopted by the CIty CouncIl of the City of Santa Monica at a meetIng thereof held on AprIl 8, 1986 by the following CouncIl vote: Ayes: Councllmembers: Conn, EpsteIn, JeDnIngs, A. Katz, H. Katz, Zane and Mayor Reed Noes: Councilme~bers: None AbstaIn: C0unCllmembers: None Absent: C0unCllmembers: None ATTEST: to /{~ ~t~ Ass~stant CIty Clerk