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SR-407-000-03 (12) F:\atty\muni\strpts\bar\affordablehousingamendfinal2.doc City Council Meeting 11-8-05 Santa Monica, California TO: Mayor and City Council FROM: City Staff SUBJECT: An Ordinance Of The City Council Of The City Of Santa Monica Amending Santa Monica Municipal Code Sections 9.56.010, 9.56.020, And 9.56.070 And Adding Section 9.56.170 To The Santa Monica Municipal Code To Modify The Calculation, Adjustment, And Payment Timing Of The Affordable Housing Fee, To Adjust The Affordable Housing Definitions And To Establish A Provision To Adjust Or Waive The Requirements Of Chapter 9.56 Introduction At its meeting on October 11, 2005, the City Council introduced for first reading an ordinance amending Municipal Code Sections 9.56.010, 9.56.020, and 9.56.070 and adding Section 9.56.170 to the Municipal Code to modify the calculation, adjustment, and payment timing of the affordable housing fee, to adjust the affordable housing definitions and to establish a provision to adjust or waive the requirements of Chapter 9.56. The ordinance is now presented to the City Council for adoption. Recommendation It is respectfully recommended that the accompanying ordinance be adopted. PREPARED BY: Marsha Jones Moutrie, City Attorney Barry Rosenbaum, Senior Land Use Attorney (See Adopted Ordinance No. 2174 (CCS)). ATTACHMENT: Ordinance 1