Loading...
SR-01-26-1988-6D .. .t/tJ f" / tJ t? -Z &-1) JAN 2 6 1988 C/ED:SF:LM:nh council Mtg: Santa Monica, California January 26, 1988 TO: Mayor and city council FROM: City staff SUBJECT: Recommendation to Adopt Resolution Approving Final Map for Tenant-Participating Conversion TPC-015 at 1419 15th Street. rNTRODUCTroN This report transmits for City Council approval a Final Map for the following tenant-participating conversion project: Tract No. TPC NO.. ADDRESS OWNER UNITS 44095 TPC-015 1419 15th Street Milanda & Heinz Moeller 10 BACKGROUND The City Planning Commission approved the Tentative Map and the Tenant-Participating Conversion for the above project on November 18, 1985, 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 alonq with all mandatory require- ments 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 condi- tion imposed in connection with approval of this Tenant- - 1 - ~ JAN 2 6 1988 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 ,I 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. - 2 - BUDGET/FISCAL XHPACT The reco~~endation 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 ci ty Charter and some increased property tax revenues may be generated. RECOMMENDATION It is respectfully recommended that the Final Hap for this Tenant-Participating Conversion be approved by adoption of the accompanying resolution. Prepared by: Suzanne Frick, Principal Planner Larry Miner, Assistant Planner City Planning Division Co~~unity and Economic Development Department SF:LM:nh CCTPC015 01/06/88 , j ~ - 3 - ~ Audltorurn ...J <II g Building Dept. 0- ~ I.. Culll't.lni. ty and Econcnu.c Dev. ~ u Finance ..-l ...... I.j..I FIre o ,...., co -.... o f"'.J ........ 0'\ Vl (l) u C ~ C ,...; "'t;j l--o o (l) > 0-1 CJ U III ,.. +.J o c. >.. (l) C ,.. o .... ..... <C .... rn ..c= ..... L <. BEFORE DISTRIBUTION CHECK CONTENT OF ALL DISTRIBUTION OF RESOLUTION if 7; :rL../ _ _ :&(/7P r;-,D FOR CITY C~ERKfS ACTION ORDINANCE # Introduced~ CouncIl Meeting Date Agenda Item , Adopted: All.olAYS PUBLISH AOOPiw ORDINANf'F-~* *Cross out Attorney I s approval Was it amended? IY~ 7"':'C ~ VOTE: AffirmatIve: Nega'tIve: Abstain" Absent: PROOF VOTEc WITH ANOTHER PER~ON 'BEFORE A^~THING DISTR.I~DTION: OR.IGINAL LO be signed, sealed and 'filed in Vault. NEWSPAPER PUBLICATION (Date: ) Department orIgInatIng staff report ( * ) *Cl.ty Attorney does not want copies of his ordJ.t)anees or resolutions. Management SerVJi-~e;;; Lynne Bat;rette urdlnances only 5 Agency mentioned In document or staff report (certifIed?) Subject file (agenda packet) 1 Counter file 1 Others:, (Review for depaz:u'-~ts who need to knc:M) . A~rport Parking Auth. Personnel Planning I Police (en- forcement?) Purchasing . Recr/Parks l.Il General Servo - >- e.,) c::: ,.. o .... .... -< >- +-' .-l U Transportation LIbrary Treasurer Manager *Check Code Sections before Sencll 4-1 o SEND FOU'P. COPIES OF ALl. ORDINANCES TO: CODFD SYSTEMS, Attn Peter Maciearie 1 :>.0 ).1flin~ :,",tT~et ~ AVrl' f ~r€;W Jersey. R 7,717 SEND FOUR COPIES OF ALL ORnTNANr~.~ .TO: 'gNft f{oJref MUNICr'PAL COURT " 725 MAIN STREE'I; Room 118 SMITA MONICA. CA 90401 TOTAL COPIES _5 ~ +-' J-< (l) ..0 o e:::: RESOLUTION NO. 7544 (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. 44095 THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. That the Final Map of Tract No. 44095 in the city of Santa Monica hereby is accepted and approved. SECTION 2. That the city Clerk hereby is authorized and directed to endorse upon the face of said Map this order authen- ticated by the Seal of the City of Santa Monica. SECTION 3. That the City Clerk shall certify to the adop- tion of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: ~~~. ROBERT M. MYERS City Attorney - 4, - Adopted and approv s 26th day of January, 1988. VPA/\^ I hereby certify that (:: forego:n:a::~Olution No. 7544 (CCS) was duly adopted by the City Council of the City of Santa Monica at a meeting thereof held on January 26, 1988 by the following council vote: Ayes: Councilmembers: Finkel, Jennings, A. Katz, H. Katz, Reed, Zane, Mayor Conn Noes: Councilmembers: None Abstain: Councilmembers: None Absent: councilmembers: None ATTEST: ~.fL fJ.i,~ ~Clerk