Reso 2930■
CITY OF CUPERTINO
10300 Avenue
Cupertino, California 95014
RES0=0N No. 2930
(MENUTE ORDER)
OF UM PIANNING COMMISSION OF THE CITY OF CUPEF=O
RECaMMENDING TO THE CITY COUNCIL TBE ADOPITON OF THE FOLLOWING
POL1CY
-=_ FRM4 PARK _ ..'fly - : !' , AND i ®_ .91 .iP' 'I:FP
FEES THOSE FORMER BELOW MARFET PATE HOUSING UNITS
WHEN THE IN -LIEU BMR FEE OPTION ICHOSEN
The PlanningCommission hereby recommends that the following policy be
adopted by the City Council:
Park dedication & develcpwmt fees shall not be imposed upon former
BMR unity when in -lieu fee payment is chosen as an altexnativeo This
polis is ;based on the assumption that the in -lieu fees collected
replicate the intent of fulfilling thecommunity's Affordable housing
obj ectives g and should not impose additional obligations upon the
affected developers.
PASSED AND ADOPrM this 14th day of July,, 1986, at a regular meeting of
the Planning Cou ission of the City of Cupertino,, State of California, by
the following roll call vote.
NAYS COMMISSIONERS - None
I
ABS AIN CCMMISSIOLtl.l: RS ., None
''. A,Ds EN o 'CCHMISSIONERSo. Sorensen-
Is/ Nicholas Szabo.
Nicholas Sze, Qmirnan
Planning fission