Loading...
HomeMy WebLinkAboutReso 71-14 Nielsen Residential In Lieu Fees RESOLUTION NO. 71 - 14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN * * * * * * * * * * * APPROVING AN ALTERNATE METHOD OF COMPLIANCE WITH THE INCLUSIONARY ZONING REGULATIONS FOR THE NIELSEN RESIDENTIAL PROJECT IN THE FORM OF PAYMENT OF FEES IN LIEU OF CONSTRUCTION OF AFFORDABLE OWNERSHIP UNITS WHEREAS, pursuant to the requirements of the Inclusionary Zoning Regulations of the City of Dublin Zoning Ordinance (the "Ordinance" or "Regulations"), William Lyon Homes, Inc., a California corporation ("Developer"), wishes to pay fees in lieu of constructing certain inclusionary units for the Nielsen Residential Project ("Project"); and WHEREAS, the Project is a 36-single-family home development project; and WHEREAS, Developer has determined that it is infeasible to construct five (5) affordable units, and it has, following discussions with City staff, proposed to satisfy its obligations through payment of fees in lieu of constructing all of the inclusionary units; and WHEREAS, Developer proposes to pay fees in-lieu of constructing the units in the amount of $109,573 per unit, for a total of $547,865, payable prior to the recordation of the first final map establishing the 36 residential lots; and WHEREAS, Section 8.68.040.E of the Dublin Zoning Ordinance allows the City Council, at its discretion, to waive, wholly or partially, the requirements of the Inclusionary Zoning Regulations and approve an alternate method of compliance if the applicant demonstrates, and the City Council finds, that such alternate method meets the purposes of the Inclusionary Zoning Chapter; and WHEREAS, the purpose of the Inclusionary Zoning Regulations is to enhance the public welfare, assure that further housing development contributes to the attainment of the City's housing goals by increasing the production of residential units affordable by households of very- low, low, and moderate-income, and assure that the limited remaining developable land in the City's planning area is utilized in a manner consistent with the City's housing policies and needs; and WHEREAS, the obligation to pay the fees in lieu of construction of inclusionary units will be set forth as a condition of approval in the Site Development Review for the Project. NOW, THEREFORE, BE IT RESOLVED that the City Council hereby finds that the proposal by Developer to pay fees in lieu of constructing five (5) inclusionary units as an alternate method of complying with the Inclusionary Zoning Regulations, is consistent with the purposes of the Inclusionary Zoning Regulations for the reasons that follow: Page 1 of 2 1) The location of the Project is not in close proximity to shopping, transportation, and other amenities that are important factors for the buyers of affordable units. Therefore, the units that would be produced with the in lieu fees are likely to be more suitable for potential low- and moderate-income buyers than would be affordable units within the Project. 2) It would be very difficult for low-income purchasers to qualify for financing and pay the high costs of owning single-family homes in the Project (including homeowners' association dues, landscaping and lighting assessments, landscape maintenance on the property, utilities, and long term maintenance). 3) Fees collected in-lieu of the development of affordable units will be well used in assisting with the development of affordable units in Downtown Dublin or in a Priority Development Area. BE IT FURTHER RESOLVED that the City Council of the City of Dublin does hereby agree to accept payment of fees in-lieu of constructing certain inclusionary units; and BE IT FURTHER RESOLVED that a Condition of Approval shall be included in the Site Development Review for the Nielsen Residential Project implementing the alternative method of compliance with the Inclusionary Zoning Regulations; and BE IT FURTHER RESOLVED that the City Manager is authorized and directed to execute such other documents, and to take such other and further action, as necessary and appropriate to carry out the intent of this Resolution. PASSED, APPROVED AND ADOPTED this 3rd day of June, 2014, by the following vote: AYES: Councilmembers Biddle, Gupta, Hart, Haubert, and Mayor Sbranti NOES: None ABSENT: None ABSTAIN: None f� Vim-- Mayor ATTEST: 6A.,P r City Clerk Reso No.71-14,Adopted 6-3-14, Item 4.4 Page 2 of 2