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HomeMy WebLinkAboutCity Council - 6703 RESOLUTION NO. 67C13 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH ESTABLISHING A RENT SCHEDULE FOR THE EMERALD COVE SENIOR HOUSING PROJECT WHEREAS, the City Council established the Emerald Cove Senior Housing Project in 1984 to provide non-Federally subsidized housing for fixed income senior citizens who qualify for residence based on income criteria; and The City Council desires to insure that rental revenues are sufficient to cover the costs of the Emerald Cove Project without increasing the rent charged to its current residents. Furthermore, if in the future, a resident needs to move from one unit to another unit for medical reasons or as otherwise reasonably necessary, the rent for that new unit shall be according to the rent schedule established at the date of original move in. NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby resolve as follows: 1. That the rent schedule for the Emerald Cove Senior Housing Project is hereby established as shown on the Rent Schedule attached hereto to as Exhibit"A," and incorporated by this reference as though fully set forth herein. 2. That the City Administrator is hereby directed and authorized to prepare an analysis of the Project's revenues, expenses, and rent schedule for review by the City Council at least once every two (2)years,with the next such review to be conducted no later than July 1, 1997. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 7th_ day of AugVlst , 1995. r Mayor ATTE T: APPROVED AS TO FORM: A�vp At City Clerk l0 City Attorney S fr 7 l RE INITIEI' AP D: City A in st for Deputy City rji&strator/ Administrative Services ` 41Glreso1le=1covl8/17/95 RLS 95-421 Exhibit A i.. ..... .: ....EMERALD fE RE I" ` C L .E For Current Residents Who Move In Prior To 1011195 Upstairs Studio $254 per month Downstairs Studio $285 per month Upstairs One Bedroom $297 per month Downstairs One Bedroom $337 per month For New Residents Who Move In 1011195 to 9130196 Upstairs Studio $335 per month Downstairs Studio $335 per month Upstairs One Bedroom $385 per month Downstairs One Bedroom $385 per month Residents who move in after 9130196 will pay$10 per month more than residents who moved in during the prior fiscal year. 7124195 Res. No. 6703 STATE OF CALIFORNIA ) COUNTY OF ORANGE } ss: CITY OF HUNTINGTON BEACH ) I, CONNIE BROCKWAY, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council at a regular meeting thereof held on the 7th of August, 1995 the following vote: AYES: Councilmembers: Harman, Bauer, Sullivan, Leipzig, Dettloff, Green, Garofalo NOES: Councilmembers: None ABSENT: Councilmembers: None .1;�� 4"t5� City Clerk and ex-offiicio Clerk of the City Council of the City of Huntington Beach, California Glkw/indexes/resbkpg