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HomeMy WebLinkAboutMINUTES - 03121985 - 1.33 TO: REDEVELOPMENT AGENCY FROM: Phil Batchelor Contra Executive Director Costa DATE: March 4, 1965 I County SUBJECT: A Resolution Adopting a "Replacement Housing Plan." for the Pleasant Hill BART Station Redevelopment Area Resolution No . RA 85/ 5 I The Contra Costa County Redevelopment Agency has determined that 25 dwelling units housing persons and families of low or moderate income will be removed from the Pleasant Hill BART Station Redevelopment Project. Pursuant to California Health and Safety Code Section 33412(a ) , the Redevelopment Agency must make available an equal number of replacement dwelling units at affordable housing cost within the Project Area or within the territorial jurisdiction of the Redevelopment Agency. This Replacement Housing Plan outlines the manner in which the Redevelopment Agency proposes to meet the statutory replacement housing obligations . Therefore , the Agency hereby resolves : The Replacement Housing Plan for the Pleasant Hill BART Station Redevelopment Project, attached hereto and incorporated herein by reference, is approved and adopted . as written . i i CONTINUED ON ATTACHMENT: YES SIGNATURE: ^/ / X _ RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF AGENCY COMMITTEE - x APPROVE OTHER SIGNATURE(S) ACTION OF AGENCY ON APPROVED AS RECOMMENDED OTHER i I I VOTE OF COMMISSIONERS I X _ UNANIMOUS (ABSENT T T T ) I HEREBY CERTIFY THAT THIS IS A TRUE AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN ABSENT: ABSTAIN: I AND ENTERED ON THE MINUTES OF THE REDEVELOP- MENT AGENCY ON THE DATE SHOWN. CC: Planning Department ATTESTED March 12 , 1985 Redevelopment. I Public works (R/P) I Phil Batchelor , AGENCY SECRETARY County Administrator M3e2/7-83 BY , DEPUTY RFI;ni IITTnt.] Nn . Rr;_r I .. I I CONTRA COSTA REDEVELOPMENT AGENCY PROPOSED REPLACEMENT HOUSING PLAN FOR THE PLEASANT HILL BART STATION REDEVELOPMENT AREA i The Contra Costa County Redevelopment Agency has determined that 25 dwelling units housing persons and families of low or moderate income will be removed from the Pleasant Hill BART Station Redevelopment Area as a result of the Pleasant Hill BART Station Redevelopment Project. Pursuant to California Health and Safety Code Section 33413 (a) , the Redevelopment Agency must make available an equal number of replacement dwelling units at affordable housing cost within the Project Area or within the territorial jurisdiction of the Redevelopment Agency. This Replacement Housing Plan outlines the manner in which the Redevelopment Agency proposes to meet the statutory replacement housing obligations. 1 . Location of Replacement Housing The 25 replacement housing units will be constructed in Specific Plan Area 4 of the Redevelopment Project Area, as part of a 385 unit rental housing project to be constructed in that area by the Desco/Central Bank joint venture, which has been designated as master developer for Specific Plan Area 4 . 2. Financing Desco/Central Bank will seek tax-exempt bond financing for the project. 3. Article XXXIV Approval Construction of the replacement housing will not require approval of the voters under Article XXXIV of the California Constitution. 4. Number of Affordable Housing Units to be Constructed 70 Units of housing affordable to persons and families of low or moderate income will be constructed as part of the Specific Plan Area 4 development. -1- f i i i I .i r I' 5. Timetable' I Construction of the Specific Plan Area 4 development will begin by early 1986 and will be completed in 1988 . i -2-