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HomeMy WebLinkAboutCC RES 24-14DocuSign Envelope ID: ED8283C5-7C40-4D49-BB87-704E4BB664E4 RESOLUTION NO. 24-14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, SUSPENDING AFFORDABLE HOUSING IN -LIEU FEES FOR CERTAIN TYPES OF RESIDENTIAL DEVELOPMENT PROJECTS IN THE DOWNTOWN COMMERCIAL CORE SPECIFIC PLAN AND RED HILL AVENUE SPECIFIC PLAN AREAS The City Council of the City of Tustin does hereby resolve as follows: WHEREAS, the results of an assessment initiated in 2022 of the Downtown Commercial Core Specific Plan (DCCSP) and Red Hill Avenue Specific Plan (RHASP) intended to align development regulations with current real estate market conditions were presented to the City Council on December 5, 2023 and revealed that inclusionary housing requirements may hinder development in these areas; WHEREAS, in accordance with Tustin City Code (TCC) B9923, residential developments within the DCCSP and RHASP areas must allocate a portion of units as affordable housing; WHEREAS, residential developments may provide five (5) or 10 percent of units as affordable to Very -Low Income or Low -Income households, respectively, at which point an affordable housing in -lieu fee must be paid; and WHEREAS, to stimulate development and address findings from the 2022 assessment, a temporary suspension of affordable housing in -lieu fees is recommended for residential projects located in the DCCSP and RHASP areas. NOW, THEREFORE, the City Council of the City of Tustin DOES HEREBY RESOLVE as follows: SECTION 1. This Resolution, while in effect, hereby suspends the affordable housing in - lieu fee otherwise required pursuant to TCC B9923 for new residential developments in the DCCSP and RHASP areas. SECTION 2. This action is not subject to the California Environmental Quality Act ("CEQA") and determined to be exempt pursuant to Section 15061(b)(3) of the State CEQA Guidelines (Cal. Code of Regs., title 14, Section 15061(b)(3)), as it can be seen with certainty that there is no possibility it will have a significant effect on the environment. SECTION 3. This Resolution shall go into effect immediately upon its adoption and shall continue in effect for 36 months from the date of adoption. Resolution 24-14 Page 1 of 2 DocuSign Envelope ID: ED8283C5-7C40-4D49-BB87-704E4BB664E4 PASSED AND ADOPTED by the City Council of the City of Tustin, at a regular meeting on this 5th day of March 2024. DocuSigned by: AU'STNTUIVISARD, Mayor ATTEST: Lo �iD'/OCUSSigned by1:IC� `l.w (USW E R A"N04YASU DA, City Clerk APPROVED AS TO FORM: DocuSigned by: 7�'1' ' D"A Vjff1ED2KSNDIG, City Attorney STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) CERTIFICATION FOR RESOLUTION NO. 24-14 I, Erica N. Yasuda, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 24-14 was duly passed and adopted at a regular meeting of the Tustin City Council, held on the 5th day of March, 2024, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: COUNCILMEMBER RECUSED: DS DocuSigned by: q0'st'J& 1W E R IWIYASU DA, City Clerk Lumbard, Gallagher, Schnell (3) Clark, Gomez (2) (0) (0) (0) Resolution 24-14 Page 2 of 2