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SR-05-24-1988-6F C/ED: PB: : LM: council Mtg: L/"~ ..- do "Z- "... F MAY 2 4 1988 Santa Monica, California f May 24, 1988 TO: Mayor and city council FROM: City Staff SUBJECT: Recommendation to Adopt Resolution Approving Final Map for Tenant-Participating Conversion TPC-041 at 927-933 20th 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 45028 041 927-933 20th street william R. Doubek and Suzette C. Doubek 12 BACKGROUND The City Planning commission approved the Tentative Map and the Tenant-participating Conversion for the above proj ect on March 16, 1987, 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. - 1 - b-F MAY 2 4 l~B~ , 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. - 2 - 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: Paul Berlant, Director of Planning Larry Miner, Assistant Planner city Planning Division Community and Economic Development Department PB:LM:nh TPC04lFM 05/04/88 - 3 - r-"'l a::J ......... C /"..I -- en <Fl Q.) U t:: <'C c: ..... "0 h o Q > Q) U IV l-. ...., o c:: >, ~ c:: h o ..... +-' < +-' cq ...r= ~ "'0 Q.) .... V'l tU :3 0- <lJ h (l) V '1 ....... ...... o <... BEFORE DISTRIBUTION CHECK CONTENT OF ALL FOR CITY C~ERK'S ACTION DISTRIBUTION OF RESOLUTION 1# . ?r;;?~ ORDINANCE # (ouncll MeetIng Date S~p/~j/tf Introduced~ Agenda Item It r;-,r A/o 7- {:; Was it amended? Adopted: _ AIJ'lAYS PUBLISH AOOP'l1:JJ ORDINANCES * *Cross out Attorney. s approval -=.. VOTE: Aff1rmative: Negative: Abstain= Absent: PROOr VOft~ WITH ANOTHER PERSON BEFORE AhwTHING DlS1RlnuliuN: . uRiGiNAL LO be signed, sealed and ~iled in Vault. NEWSPAPER PUBLICATION (Date: ) Pepartment orIginating staff report ( * ) *C1ty Attorney does not want cop~es of his ordif}a1"1Ces or resolutlons. 14anagement Serv,ises Lynne Bar;rette - urdlnances only ~ Agency mentloned in document or staff report (certified?) SubJect file (agenda packet) 1 Counter flle 1 Others: (Review for de~'u{ents who need to knc::1N). Alrport Aud1tOI.'Um Parking Auth. Personnel BU1lding Dept. I Planning O....I.l~\ll.llU. ty and Ec:.-oncrnic DeV. Finance Police (en- forcement ?) Purchasing F~re Recr/Parks ',r. General Servo >- '" C l-o o 4J 4J < >.. +-> ..... U Transportatlon Llbrary Treasurer Manager *Check Code Sections befor <= SO:m< ...... o SE}JD FOU'R. COPIES OF ALL ORDINANCES TO: CODfD SYSTEMS, Attn Peter Maclearie J..'.O "1p.in- .t"'tr~et ~ AV~'T ~ew Jersev_02717 'SEND FOUR COPIES OF ALL ()RnTNANCF.~JO: DebIp ~yr~ck . ~ANTA MONICA MUNICfPAL COURT ~ 725 MAIN STREE1;. Room 118 SMITA MONICA, CA 90401 TOTAL COPIES 5 m ~-' h ~ .Ll C c:r::: # . RESOLUTION NO. 7622 (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. 45028 THE CITY COUNCIL OF THE CITY OF SANTA MOKICA DOES RESOLVE AS FOLLOWS: SECTION 1. That the Final Map of 'Tract No. 45028 in the City of Santa Monica hereby is accepted and approved. SECTION 2. That the c~ ty Clerk hereby is authorized and directed to endorse upon the face of suid Map this order authe~- 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 sarre shall be in full force and effect. APPROVED AS 'TO FORM: '~M._ ~~ ROBERT H. MYERS City Attorney - ~ - '" -, Adopted and approved~f4th da~fPf~Y' 1988. / i'/It \, I/: .' ..' V"--- p:....-/ ,/ ~. Mayor I \ I hereby certify that ~oregoing Resolution No. 7622(CCS) was duly adopted by the C1ty Council of the City of Santa Mo~ica at a meeting thereof held on May 24, 1988 by the follovling Council vote: Ayes: Councilmembers: Finkel, Jennings, A. Katz, H. Katz, Reed, Zane, Mayor Conn Noes: Councilmembers: None Abstain: Councilmembers: None Absent: Councilmembers: None ATTEST: ~ ----~ ,'..' // - "'--~ . '<3~~~,-0--- j~' ---~ -- Adti~g City Clerk ---------~-