R-9402
.
EXHIBIT 4
.
City CouncIl MeetIng 5/25/99
Santa MOnica, CalifornIa
RESOLUTION NUMBER 9402
(City CouncIl Senes)
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA MONICA ESTABLISHING
THE 1999 MAXIMUM ALLOWABLE RENTS AND
MAXIMUM ALLOWABLE PURCHASE PRICES
FOR THE AFFORDABLE HOUSING PRODUCTION PROGRAM
WHEREAS, the City Council of the City of Santa Monica adopted Ordmance
Number 1918 (CCS) on July 21, 1998, Santa MOnica MUniCipal Code Sections 9 56 et
seq ("the Affordable HOUSing Production Program"), and
WHEREAS, Santa MOnica MUniCipal Code SectIon 9 56 100 proVides that the
City Council by Resolution shall establish and adjust on an annual baSIS the maxImum
affordable rents and maxImum affordable purchase prices for affordable housmg unIts
under the Affordable HOUSing Production Program
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA
DOES RESOLVE AS FOLLOWS
SECTION 1
The maxImum allowable Income levels and maximum
allowable rents and maximum purchase pnces for affordable hOUSIng unIts under
Ordinance 1918 are as shown In Attachment 1 attached hereto and Incorporated hereIn
by reference
F \HOl.:SIKG",SHARPWPFILES"StaffrpfST AFFRPT-mcmt99 wpd \vpd
1
. .
SECTION 2 The City Clerk shaH certify to the adoption of this Resolution,
and thenceforth and thereafter the same shall be In full force and effect.
APPROVED AS TO FORM
fuN f) r:L.4
Marsha Jone~outrre
City Attorney
F ..H01.:SING'SlLA..RE.\VPFlLES..STAFFRPTST I\FFRPT.mcmt99 wpd \';-pd
2
-
I-
Z
w
:!:
:I:
()
<(
l-
I-
oe(
..
Q) Q)
E
(J)
0 CO
u ..c:
c u
- L...
E ::J -iC
a... (J)
::J Q)
E "'C U
c .-
.- L...
X CO a...
CO ..
~ CJ)
.....,
(j) c
Q)
(j) ~
(j)
""r"'""
-
>-
J::
-
C
o
~
en
-
C
0)
~
0)
..c
m
~
o
<(
E
~
E
x
m
~
.
(1)
C)
c
a..
(1)
en
m
J::
~
~
Q..
0)
::c
m
~
o
<(
E
~
E
X
CO
~
0)-0
E c
o m
0(1)-
c C) c
c CO (1)
m C) E
- t >>
-oom
O)~a..
~ c
c ~ ~
o..c 0
-octlo
O)"E
1/)0,"*
co::t=o
CD<(T"""
?f?-
o
("')
"0
c"E
CO ctI
0)"0
E c
o ctI
u-
cCf)
- >.
c't:::::
~Ei
"0 CO
O)-c
~ "-
g
5<(
"0
0)
en
ro
co
- 0
15 0
:::l ("')
C
C T"""
<( L{')
'-' EI7
0) -
0_
E O)~
0 E-
o o 0
c U-o
~ c 0
..c - J::
CO C (1)
~ CO 00
- ::J
0 "00
<( O)I
~'-'
E C
::J 0
E "0
X Q)
00
ctI CO
~ co
0)
-
~'"*
0)0
"00
OT"""
~
't:::::
C
=>f-
co ("')
T""" to
N 0')_ o.
("') f'.. 0
o T""" ~
T""" T""" T"""
EI7 EI7 EI7
co ~ N ~
("') '<:t 0 0
0')_ (0_ N co
("') T""" ("') C'?
L{') co f'-. ro
EI7 (;J7 EI7 (;J7
0) '<:t ("') 0)
T""" co co 0
to I.() ~ L{')
T""" f'.. to '<:t
'<:t '<:t L{') co
EI7 (;J7 EI7 ~
E E E E
L.. L.. 1- .....
"0 "0 "0 -c
co co co r::c
I I . I
o T""" N C'?
2- co co N T"""
~'"* co N T""" 0) f'..
(1)0 0') 0 N ("')- I.()
-CO co
~~ &9- T""" T""" T""" T"""
&9- &9- &9- (;J7
- 0') to T""" I!) C'?
~'"* t") T""" C'? ("') '<:t
00 L{') to f'.. co 0')
...Jto ~ Y7 Y7 Y7 Y7
~
- 0) ('t) 0') co to
~~'"* '<:t T""" 0 0) co
0)00 '<:t I!) co co f'-.
>...JL{') ~ Y7 Y7 &9- Y7
~
~-~ E E E E E
"- "- "- "- "-
"0 "0 -c "0 -0
r::c III III III a:J
=>1- I I I I I
0 T""" N ("') ~
-
o
>-
't:::::
oU
- Q)
_ J::
C -
ctI-
::J 0
(!?CO
::JT"""
0.0')
T"""
"00)
0) u
J:: C
!Q CO
::Cc
::J -
0."'2
00 0 (tl
_ _ u
(1) 0 C
..coo
ctI0~
-T"""(tl
entO-
.cI.()C
1;-0)J5
2- 0 0 0 0 ~ co N to
~~ T""" ~ f'-. 0 0 0 T""" T"""
0)0 O':l 0 T""" ('t)_ '<:t. I.() to f'-.
"00 L{') T""" to T""" I!) Q') ("') f'-.
O:s, C'? '<:t ~ I.() I!) I.() to to
~ Y7 Y7 ~ Y7 Y7 (;J7 Y7 ffi-
""C' co '<:t N 0 N I.() f'.. 0
~ N 0 ro ~ 0 co ('t)
~'"* I.() co f'-. f'.._ N.. f'-. T""" to
00 T""" """ f'-. 0 ('t) I.() co 0
...Jco
.;:;... N N N C'? C'? C'? C'? '<:t
Y7 Y7 Y7 Y7 Y7 ffi- ffi- ffi-
--.; I.() 0 I!) 0 C\I ~ co ro
~~'"* I!) N co LO 0 I!) 0 I.()
Q') I.() 0 to f'.._ f'.. co ro
0)00 I"- 0 C'? I.() f'-. Q') T""" C'?
>...J!:9.. T""" N N N N N ('t) C'?
ffi- Y7 Y7 ffi- ffi- Y7 ffi- (;J7
8ZIS N C'? ~ LO co f'-. co
T"""
Pl0l(8snoH
.
.
Adopted and approved thIs 25th of May, 1999
....
~Jl~~ <<f*1~--
/pam O'Connor, Mayor
~
I, Marra M Stewart, CIty Clerk of the City of Santa MOnica, do hereby certIfy that
the foregoing ResolutIon 9402(CCS) was duly adopted at a meeting of the Santa
MOnica City Council held on the 25th of May, 1999 by the follOWing vote
Ayes Councllmembers
Feinstein, Holbrook, McKeown, Rosenstein,
Bloom, Mayor Pro Tem Genser,
Mayor O'Connor
Noes CouncIl members
None
Abstain Councllmembers
None
Absent Councllmembers
None
ATTEST
'-
~.~o ~J-
Mana M Stewart, City Clerk