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Resolution 12075CITY OF ALAMEDA RESOLUTION NO. 12075 AMENDING THE TIME FOR COMPLIANCE WITH AFFORDABLE HOUSING UNIT AND FEE REQUIREMENTS FOR TITLE XX OF THE ALAMEDA MUNICIPAL CODE WHEREAS, the City Council previously adopted Resolution No. 11899 establishing the Affordable Housing Unit and Fee Requirements for Title XX of the Alameda Municipal Code; and WHEREAS, the City Council desires to amend the time for compliance in accordance with the revisions to Title XX of the Alameda Municipal Code; and NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that in accordance with Title XX of the Alameda Municipal Code the paragraphs entitled Construction of Affordable Housing Units and Payment of In -Lieu Fees of Resolution No. 11899 are hereby amended to read as follows: Affordable Unit Requirements Construction of Affordable Housing Units: Except as otherwise provided in this Resolution, a developer of a commercial or industrial development shall construct affordable housing units. Such units shall be constructed and complete prior to the issuance of any Temporary Certificate of Occupancy for the commercial or industrial development unless the applicant deposits in an escrow satisfactory to the City Attorney funds sufficient to cover the completion of the affordable housing units within one year from the date of the issuance of any Temporary Certificate of Occupancy . Housing Fee Requirement Payment of In -Lieu Fee: As an alternative to providing affordable Housing Units, an Affordable Housing Fee shall be paid prior to the issuance of any Temporary Certificate of Occupancy. No issuance of a Temporary Certificate of Occupancy shall occur unless said Fee has been paid to the City into the separate and special account established for Affordable Housing Fees. NOW, THEREFORE, BE IT FURTHER RESOLVED by the Council of the City of Alameda that this resolution shall be effective when the proposed ordinance entitled: AMENDING THE ALAMEDA MUNICIPAL CODE BY AMENDING SECTIONS 20 -141, 20 -142, 20 -161, AND 20 -171 OF ARTICLE 4, TITLE XX THERETO PERTAINING TO TIMING OF COMPLIANCE FOR AFFORDABLE HOUSING REQUIREMENTS FOR NEW AND EXPANDED DEVELOPMENT AND THE PROCEDURES THEREFOR is effective. 1 I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in adjourned regular meeting assembled on the seventh day of March, 1991, by the following vote to wit: AYES: Councilmembers Thomas, Withrow, and Acting President Arnerich - 3. NOES: None. ABSENT: Councilmember Camicia and President Corica - 2. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this eighth day of March, 1991. i4‘ / DianerFeisch, City Clerk City of Alameda