...Title
Actions Related to the Ground Leasing of 934-949 Locust Street to County of Santa Clara for Affordable Housing Purposes and Approval of the Proposed Rehabilitation of the Existing Facilities.
...Recommendations
Hold a Public Hearing, accept the staff report, and adopt a resolution:
(a) Accepting the summary of costs and findings of the Summary Report Pursuant to Section 33433 of the California Health and Safety Code for the disposition of a property located at 934-949 Locust Street with existing affordable housing to the County of Santa Clara under the terms and conditions of the proposed Ground Lease for a term of up to 15 years and approving the Ground Lease in substantially final form; and
(b) Authorizing the Director of Housing or her designee, to set the specific business terms and negotiate and execute documents and document amendments related to the Ground Lease, the County of Santa Clara project, and the City CDBG-funded $1,200,000 rehabilitation of the existing housing.
CEQA: Categorically Exempt, CEQA Guidelines Section 15301, Existing Facilities, File No. PP18-074. (Housing)