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Action to approve and authorize the City Manager to execute Amendment No. 1 to the Amended and Restated Affordable Housing Agreement with SHAC LS Apartments II, LLC for 3580 Rambla Place Building A in a final form approved by the City Attorney, execute minor amendments thereto, and to take any other action necessary to implement the requirement to reduce the number of affordable rental units from 53 to 43 and lower the affordability levels at 3580 Rambla Place Building A.

Consent Calendar Agenda Ready Introduced May 28, 2024

What this record is

Held by
SHAC LS Apartments II, LLC
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
amendment

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Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council and Authorities Concurrent
Requested by
Community Development
Introduced
May 28, 2024
On agenda
August 20, 2024

Where it was heard

City Council and Authorities Concurrent Aug 20, 2024 Approved the Consent Calendar Pass

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