Resolution Of The City Council Of The City Of Emeryville Authorizing The City Manager To Exercise The Option To Acquire 1500 Park Avenue #314, The Resale Restriction Agreement For Moderate Income Set-Aside Units, And Execute All Other Documents Required To Complete The City’s Acquisition Of 1500 Park Avenue #314 At A Purchase Price Not To Exceed $355,900; And To Expend Up To $13,600 For Repairs, Holding Costs And Any Additional Transactional Costs For A Total Expenditure Not To Exceed $369,500 From The Measure C Housing Bond Fund (Fund 284) As Appropriated For The Below Market Rate Unit Acquisition Program. (Chadrick Smalley / Valerie Bernardo / Charles Harris)

Committee

City Council

Requested by

Community Development Department

Introduced

September 8, 2023

On agenda

October 3, 2023

Passed

October 3, 2023

Enacted

October 3, 2023

Enactment no.

Reso No. 23-131