City Council

9.\nRESOLUTION NO. 8585 - AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A\nDISPOSITION, DEVELOPMENT, AND LOAN AGREEMENT ("DDLA") WITH ABODE COMMUNITIES, A\nCALIFORNIA NONPROFIT ORGANIZATION, FOR THE DEVELOPMENT AND OPERATION OF\nAFFORDABLE HOUSING ON REAL PROPERTY IMMEDIATELY SOUTH OF 14115 CORDARY\nAVENUE (ASSESSOR PARCEL NUMBER 4051-030-902).\nRECOMMENDED MOTION:\nAdopt Resolution No. 8585 authorizing the City Manager to negotiate and execute a DDLA, including all\nrelated documents and amendments, with Abode Communities for the development and operation of\naffordable housing on City-owned property, and finding the project statutorily exempt from the California\nEnvironmental Quality Act ("CEQA") pursuant to Public Resources Code section 21080.66 (enacted by\nSB 130).\nORDINANCES\n(None at this time)\nBIDS: OPENINGS & RESULTS\n(None at this time)