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HomeMy WebLinkAboutCC RES 2017-16RESOLUTION NO. 2017-16 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT CALIFORNIA ADOPTING A WAIVER OF DEVELOPMENT IMPACT FEES FOR THE ARC VILLAGE AFFORDABLE HOUSING DEVELOPMENT LOCATED AT 73- 255 COUNTRY CLUB DRIVE CASE NO: PP 16-102 WHEREAS, the Planning Commission of the City of Palm Desert, California, did on the 17th day of May, 2016, hold a duly noticed public hearing and approved the request by Allied Real Estate Partners, for a 36-unit residential project dedicated to housing high - functioning special needs adults; and WHEREAS, the applicant has applied to the State Tax Credit Allocation Committee for a 9% "Low -Income Housing Tax Credit" and received a perfect score by the Committee but did not receive the tax credit due to "tie -breakers" that favored other projects; and WHEREAS, by providing a waiver of development impact fees the City is providing a "tie -breaker" by showing financial support of the project in an amount of $50,675.85, which increases the chances that the project receives the necessary 9% Low Income Housing Tax Credit; and WHEREAS, the project itself is unique in fulfilling a great need for affordable housing units for special needs adults at a project site that is difficult for another type of development; and WHEREAS, the circumstances and financial mechanisms to build the project are unique and a waiver of development impact fees is a means to ensure that the project is built and that new affordable housing units are developed; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AS FOLLOWS: 1. That the above recitations are true and correct and constitute the findings of the City Council in this case. 2. That the City Council does hereby approve the applicant's request for a waiver of development impact fees in the amount of $50,675.85 based on the circumstances of the project. . RESOLUTION NO. 2017.16 PASSED, APPROVED, AND ADOPTED by the City Council of the City of Palm Desert, California, at its regular meeting held on this 23rd day of February 2017, by the following vote, to wit: AYES: JONATHAN, BELLY, NESTANDE, WEBER, and HARNIK NOES: NONE ABSENT: NONE ABSTAIN: NONE ATTEST: •' HELLE D. KLASSE CITY CLERK CITY OF PALM DESERT, CALIFORNIA /2U 2