CIC Resolution 86-29ORG1
COMMUNITY IMPROVEMENT COMMISSION
RESOLUTION NO. 86 -29
APPROVING PARTIAL ASSIGNMENT FROM ALAMEDA MARINA
VILLAGE ASSOCIATES AND ALAMEDA MARINA CENTER
ASSOCIATES TO ALAMEDA HOME BUILDERS FOR THE
AFFORDABLE HOUSING AGREEMENT
WHEREAS, at its September, 1985 meeting the Community
Improvement Commission (CIC) authorized the execution of an
Affordable Housing Agreement between the Commission and Alameda
Marina Village Associates (AMVA) and Alameda Marina Center
Associates (AMCA); and
WHEREAS, said Affordable Housing Agreement sets forth
conditions for transfer by AMVA and AMCA of all or part of their
rights and interest as developer /owner of the residential portion
of the Project Area; and
WHEREAS, AMVA and AMCA have requested CIC approval for an
assignment from AMVA and AMCA to Alameda Home Builders (AHB) for
their responsibilities relating only to Tract 4585, a residential
development in the Project Area; and
WHEREAS, AHB has satisfied all City requirements in
connection with its development in Marina Village;
NOW, THEREFORE, BE IT RESOLVED by the Community
Improvement Commission that the assignment from Alameda Marina
Village Associates and Alameda Marina Center Associates to
Alameda Home Builders of their rights and duties under the
Affordable Housing Agreement in connection with the residential
development of Tract 4585 is hereby approved.
I, the undersigned, hereby certify that the foregoing Resolution was duly
and regularly adopted and passed by the Community Improvement Commission of
the City of Alameda in a regular meeting assembled on the 2-0th of May, 1986,
by the following vote, to wit:
AYES: Councilmembers Corica, Hanna, Lucas, Monsef and President Diament -
NOES: None.
ABSENT: None.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official
seal of said Commission this 21st day of May, 1986.
4/A. 4
Anne Diament, Chairman
Community Improvement Commission
Patricia Caibreath, Ac ing Secretary
Community Improvement Commission