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HomeMy WebLinkAboutRESO 4409• • ORIGfNAL RESOLUTION NO. 4409 RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO REG.~RDING POLICY CONCERNING USE OF LYTTON SCHOOL SI'l'E WHEREAS, the City of Palo Alto has acquired certain property located on the southwest cornsr of the intersection of Lytton Avenue and Middlefield Road in the City of Palo Alto for the purpose of 'future development of low/moderate income housing, and WHEREAS, the Council of the City of Palo Alto wishes to declare at this time its policy for the future use t~ereof. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Palo Alto as follows: RESOLVED, that the intent of the Palo Alto City Council in acquiring the Lytton School property was and is to hold this property in a land bank pending its use in providing low to moderate income housing in as great a degree as economically feasible. It is the intent tha~ this property be made available to parties capable of providing such housing and that the City actively promote such use. It is not the present intent to donate this property in whole or in part to such a project, although some form of assistance to such parties may be granted. BE IT FURTHER RESOLVED, it is the sense of the Palo Alto City Council that if, in two years, adequate progress has not been made to achieve these goals, the Council should give serious consideration to alternate uses or returning the land to the private sector at market price. During the two year period staff is to provide status reports at least • • I quarterly so that Council will have progress and policy ur.der near constant review. INTRODUCED AND ~ASSED: January 5, 1971 I I AYES: Arnold, Beahrs, Clark, Comstock, Dias, Gallagher, Pearson, Wheatley NOES: None -. ' :· e... ,