SR-10-28-1986-6G
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OCT 28 1986
C/ED:RAS:RM:nh
Council Mtg: October 28, 1986
santa Monica, California
TO: Mayor and City Council
FROM: City staff
SUBJECT: Recommendation to Adopt Resolution Approving Final Map
for Tenant-participating Conversion TPC-017 at 922 14th
Street.
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
43850 TPC-017 922 14th street
Francis
2l
BACKGROUND
The city Planning Commission approved the Tentative Map and the
Tenant-participating Conversion for the above project on October
7 I 1985 f 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 pro-
posed 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 adop-
ted by the City of Santa Monica along with all mandatory require-
ments of the Subdivision Map Act of the State of California.
,_-(;
~T 2 B 1986
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The owners have submitted to the city a Written Consent Agreement
binding the owners and any successors in interest to each condi-
tion imposed in connection with approval of this Tenant-
Participating Conversion. 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 Ten-
tative Map and conditions thereon, the Subdivision Map Act and
local ordinances. The City Attorney's office has approved a Dec-
laration of Covenants, Conditions, and Restrictions, or equiva-
lent document, for this project as complying with the conditions
of the Tentative Map and the Tenant-Participating Conversion.
council approval of a final map for a tenant-participating con-
version represents one of the last steps necessary in the conver-
sion process. Following city Council action and approval by the
California Department of Real Estate the applicants may begin
selling their units to the tenants. As each unit is sold a con-
version 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 afford-
able repayment per section 2009 of Article xx.
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BUDGET/FISCAL IMPACT
The recommendation presented in this report does not have an im-
mediate budget or fiscal impact. If and as units in the project
are sold in the future, Tenant-Participating Conversion Taxes
will be collected 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: R. Ann Siracusa, Director of Planning
Richard Mills, Associate Planner
City Planning Division
Community and Economic Development Department
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CCTPC017
10/08/86
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BEFORE DISTRIBUTION CHECK CONTENT OF
DISTRIBUTION OF RESOLUTION # ~3?~c)
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ALL FOR CITY C#ERK'S ACTION
ORDINAt\l"CE #
Introduced:
Council Meeting
Date
6'r&
Yo
7-0
Was it amended?
Adopted:
Ail'lAYS PUBLISH AOOP1'W ORDINANCES*
*Cross out Attomey's a?proval
Agenda Item #
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VOTE: Affirmative:
Negative:
Abstain:
Absent:
PROOF VOTE~ WITH ANOTHER PERSO~ BEFORE ANYTHING
DiSIRIBUTi0~: ORIGiNAL ~o he signed, sealed and filed in Vault.
NEWSPAPER PUBLICATION (Date: )
Department origlnating staff report ( * )
*City Attorney does not want coples of his ordlnances or resolutlons.
Uanaoement Ser~ices Lynne Barrette urdlnances only
o J......-I ~- '" . _
4:.-
,
Agency mentloned ln document or staff report
(certified?)
SubJect file (agenda packet) 1
Counter file 1
Others -; (ReVlew for depaLulamts who need to knc:M) .
Alrport
Parklng Auth.
Audlto:rum
Personnel
BUlldlng Dept.
J
CU'tiliuni ty and Econanic Dev.
Planning
Police (en-
forcement?)
Finance
Purchasing
Recr/Parks
.
Fire
General Servo
Transportation
Library
Treasurer
Manager
SEND FOU~ COPIES OF ALL ORDINANCES TO:
CODFD SYSTEMS, Attn Peter Maclearie
1. :_0 \Ialn- 1"''tr~et
AV~17 ~ew Jersev_07717
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SEND FOUR COPIES OF A.U. ORDTNA},,;r.FS TO:
D~b.ra "1yr lck
SA~TA MONICA MUNICIPAL COURT
:725 MAIN STREET, Room 118
SM.TTA MONICA, CA 90401
*Check Code Sectl.ons before sending.
TOTAL COPIES
3
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Adopted and approved
(4 day
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I hereby certify that the~oing Resolution No. 7621(CCS)
Of/May '/,",",1988.
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Mayor
was duly adopted by the city council of the City of Santa Monica
at a meet~ng thereof held on May 24 f 1988 by the follo"vling
Council vote:
Ayes: Councilmembers: Finkel, Jennings, A. Ka t Z I H.
Katz, Reed, Zane, Mayor Conn
Noes: councilmernbers: None
Abstaln: Councllmembers: None
Absent: councilmembers: None
ATTEST:
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. - J\ctttig )Ci ty Clerk
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Adopted and approved this 28th day of October, 1986.
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I hereby certify that the foregoing Resolution No. 7330(CCS)
was duly adopted by the City Council of the city of Santa Monica
at a meeting thereof held on October 28, 1986 by the following
council vote:
Ayes: Councilmembers:
Conn, Epstein, Jennings, A. Katz,
H. Katz, Zane and Mayor Reed
Noes: Councilmembers:
None
Abstain: Councllmembers:
None
Absent: Councilmembe=s:
None
ATTEST':
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Clty Clerk