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Resolution 10392CITY OF ALAMEDA RESOLUTION NO. 10397 AUTHORIZING SUBMITTAL OF A UDAG APPLICATION FOR BALLENA ISLE MARINA TO U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WHEREAS, the Ballena Isle Marina or its assignee proposes mixed use development of commercial, office, harbor master quarters and yacht club in compliance with the original Planned Development approved by the City of Alameda in 1967; and WHEREAS, the proposal would result in the construction of a three story, approximately thirty-foot high office building with ground floor retail space and a gross floor area of 30,000 square feet, and the total project costs shall not exceed $2,800,000; and WHEREAS, the proposed development represents uses that improve the quality of life for residents of the City, relates well to the character and scale of surrounding buildings and does not reduce livability; and WHEREAS, the proposed project would create pemanent employment for seventy-five persons including forty-five office jobs, twenty jobs in retail sales and five jobs in janitorial services, building security and residential services; and WHEREAS, an Environmental Assessment is required by the Department of Housing and Urban Development of all applicants seeking financial consideration; and WHEREAS, the City Planning Department has done an Environmental Assessment and determined that the proposed project is in compliance with the California Environmental Quality Act and the State EIR Guidelines, and found that the development will not have a significant effect on the environment; and WHEREAS, proposed building meets all Planning Code require- ments and will be of a scale and character compatible with surrounding buildings in the complex and the building is in compliance with the policies of the Planned Development approved by the City Council of Alameda in 1967; and WHEREAS, the repayment funds will be used to provide low and moderate income housing for local residents and for economic development activities as negotiated between the City and Ballena Isle Marina or its assignee; NOW, TFIEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ALAMEDA that an Urban Development Action Grant application -1- in an amount not to exceed $500,000 be submitted on behalf of Ballena Isle Marina or its assignee to be repaid to the City of Alameda in accordance with the terms and conditions negotiated between the City and Ballena Isle Marina or its assignee subject to the holding of two public hearings prior to July 31, 1984, to receive public comment in accordance with HUD regulations. * * * * * 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 regular meeting assembled on the 17th of July, 1984, by the following vote to wit: AYES: Councilmembers Gorman, Hanna, Lucas, Monsef and President Diament - 5. NOES: None. ABSENT: None. IN krTNESS WEREOF, I have hereunto set my hand and affixed the official seal of said City this 18th day of July, 1984. City l erk" of the C a