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HomeMy WebLinkAbout95-98 - Ford Land Affordable Housing Task TeamRESOLUTION NO. 9S7 98 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ESTABLISHING THE FORD LAND AFFORDABLE HOUSING TASK TEAM • WHEREAS, the adoption of Development Agreement No. 8 for the Ford Land Development project in Newport Beach called for the provision of affordable housing as required by the City's Housing Element; and WHEREAS, in order to satisfy this requirement the agreement called for the establishment of a Task Team to identify, evaluate and implement one or more affordable housing projects to satisfy Ford Land's affordable housing obligations. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Newport Beach does hereby establish the Ford Land Affordable Housing Task Team BE IT FURTHER RESOLVED that the Committee shall have the following responsibilities and characteristics: 1. Membership shall consist of four (4) members and one (1) ex officio member appointed by the Mayor: a) One (1) City Council member, b) One (1) representative of Ford Motor Land Development Corporation c) Two (2) staff members; d) One (1) staffmember as an ex officio member. 2. The duties and responsibilities of the task team shall be to identify, evaluate and implement one or more affordable housing projects to satisfy Ford Land's affordable • housing obligation as set forth in Development Agreement No. 8. 3. The task force shall consult with property owners, builders and persons experienced in the development of affordable housing as needed on a case by case basis. 4. The meeting schedule of the Task Team shall be as determined by the Task Team 1 5. The tam of the Task Team shall be two years, unless odended by mutual agreement of the City and Ford Land. 6. The task team shall submit a statement of goals and priorities to the City Council within 90 days of the appointment of the task team 7. The task team shall report to the City Council no less than once every 90 days after the • submittal of its goals and priorities. C: 8. The goal of the task team shall be to submit to the City Council, within two years, a report identifying one or more affordable housing projects which can be funded pursuant to the provisions of Development Agreement No. 8. ADOPTED this 28th day of August 1995. ATTEST: PLT:..CAWI WORDICCWLAHIT -RDOC Mayor 2