City Council

9. RESOLUTION NO. 8585 - AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A DISPOSITION, DEVELOPMENT, AND LOAN AGREEMENT ("DDLA") WITH ABODE COMMUNITIES, A CALIFORNIA NONPROFIT ORGANIZATION, FOR THE DEVELOPMENT AND OPERATION OF AFFORDABLE HOUSING ON REAL PROPERTY IMMEDIATELY SOUTH OF 14115 CORDARY AVENUE (ASSESSOR PARCEL NUMBER 4051-030-902). Adopt Resolution No. 8585 authorizing the City Manager to negotiate and execute a DDLA, including all related documents and amendments, with Abode Communities for the development and operation of affordable housing on City-owned property, and finding the project statutorily exempt from the California Environmental Quality Act ("CEQA") pursuant to Public Resources Code section 21080.66 (enacted by SB 130). ORDINANCES (None at this time) BIDS: OPENINGS & RESULTS (None at this time)