HomeMy WebLinkAboutORD 3251ORDINANCE NO. J.~f?J_ _________ _
ORDINANCE Of? THF. COUNCIL OF THE CI'rY OF PALO t'\LTO
ADDING SUBSECTION (1) TO SECTION 21.40.050(c)
OF THE PALO .l\LTO MUNICIPAL CODE REGULATING 'rfif:
CONVERSION OF' RENTAL HOUSING •ro CONDOMINIUMS
I"HEREAS, this Council has directed t:bat City Staff evalu
ate the present Chapter 21.40 of the Palo Alto Municipal Code
and to provide its conclusions to tb is Council not later than
July 1 1 1981~ and
~·lHER8A.S r this Council wishes t.o minimize the opportunity
for condom in i. urn and other conversions du.r.i. nq t:.he 5 taf f study
period while allowing consideration of C(Jnversion projects
which recognize the City need for and commitment to housinq
for low and moderate income persons;
NOW, THEREFORE, the Council of the City of Palo ~lto does
OHDAIN as follows:
SECTION 1, Subsection ( ·1) is hereby added to Sect ion
21. 40··.-fF'>-O(c-·)-o-f the Palo Alto Municipal Code to read as fol
lows:
" ( 1) Further, a.n application for. conversion may be
submitted during the moratorium period (a) if the two-t.hirds
consent requirement of this subsection is met~ provided that
only tenants in lawful poss~:ss ion as of 'November 24 v 1980 at"e
e 1 ig ibl e to pr:ov ide their consent for purposes of de term in inq
the t~<m-thircs requirement, (b) if assurances a.re provided
that all tenants wilJ. have the opportunity to rr:rnain in the
converted dwelling as owners or renter·s for the expe<:ted life
of the conversion project or thirty years if the project life
is greater than thirty (30) years, (c) if the complete
application is filed on or before July 1, 1981, and (d) if
units equa..;. in number and of comparable size and condition
(prior to any rehabilitation done for purposes of conversion)
to those proposed fLir conversion are provided 'tlithin the City
of Palo J\1 to for· permanent low and moderate income rental
housing in accordance with either the City's Below Market Rate
Program, the City's Rental Housing Acquisition Program, or
such similar program expressly approved by the City Counc i 1 a.s
being in accord with the City's Comprehensive Plan goals and
objectives for low and modecate income housing. The provision
of such low and moderate income rental housinq in accordance
with this subsection shall be compliance with· the City below
market rate requirement for subdivisions set. forth in the
Comprehensive Plan, Program 18, and as thereafter may be
amended.
SECTION 2. 't'he Council finds th~1t the adoption of this
ordin.ance w111 not have any significant advers~: environmental
impact.
SECTION 3. This ordinance shall become ef feet i ve upon
the commencement of the thirty-first d:.~y following the date of
its passage.
• • .......
IN'I'RODUCED: November 24, 1980
PASS8D: December 8, 1980
AY~S: Brenner, Eyerly, Fazzino, Fletcher, Henderson, Renzel, Witherspoon
NOES: Levy
ABSTEN'TIONS; None
APPROVED:
-2-