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HomeMy WebLinkAboutCity Council - 2008-43 RESOLUTION NO. 2008-43 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH ADJUSTING THE AFFORDABLE HOUSING IN-LIEU FEE AS AUTHORIZED BY ZONING& SUBDIVISION ORDINANCE 3687 SECTION 230.26 WHEREAS, on November 1, 2004 the Council adopted Ordinance No. 3687 adding Zoning & Subdivision Ordinance Section 230.26, relating to the goals and objectives of the City's Housing Element, which is intended to encourage very-low, low and median housing; Pursuant to Section 230.26(B), a minimum of ten(10)percent of all residential construction projects of three (3) or more units must provide affordable housing units; Pursuant to Section 230.26(b)(4), developers of residential projects consisting of nine or fewer units may elect to pay a fee in lieu of providing the required affordable units on site to fulfill the City's requirement of the Inclusionary Housing Ordinance, unless the affordable housing requirement is outlined as part of a Specific Plan Project; On October 15, 2007, the City Council adopted Resolution No. 2007-71 establishing a per project in-lieu fee and requiring the fee to be adjusted by the Cost of Living Index every January beginning 2008. NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby resolve as follows: I. The fees adopted pursuant to Resolution No. 2007-71 are herby adjusted by the Cost of Living Index such that the proposed per project in-lieu fee shall be as follows: Fee/Unit 'Total Fee 2007 2008 Update Sliding Scale In-lieu Fee 3 Unit Projects $9,430 $8,140 $24,420 4 Unit Projects $10,600 $9,150 $36,600 5 Unit Projects $11,780 $10,170 $50,850 6 Unit Projects $12,960 $11,180 $67,080 7 Unit Projects $14,140 $12,200 $85,400 8 Unit Projects $15,330 $13,230 $105,840 9 Unit Projects $16,500 $14,240 $128,160 1 08-1594/24103 Resolution No. 2008-43 PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 4th day of August , 2008. A9 e,OLO�— Mayor REVIEWEh N7PROVED: APPROVED AS TO FORM: City Administrator 'ttto ey INIT ATE ND APPROVED: 'f fib► � l�r S Director of Planning 2 08-1594/24103 Res. No. 2008-43 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L. FLYNN 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 August 4, 2008 by the following vote: AYES: Hansen, Hardy, Bohr, Cook, Coerper, Green, Carchio NOES: None ABSENT: None ABSTAIN: None City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California