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CC Resolution No. 10-108 Approve Disposition and Development Agreement Between the City and Habitat for Humanity RESOLUTION NO. 10 -108 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE DISPOSITION AND DEVELOPMENT AGREEMENT (DDA) BETWEEN THE CITY OF CUPERTINO AND HABITAT FOR HUMANITY SILICON VALLEY AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID AGREEMENT WHEREAS, the City of Cupertino purchased surplus property from the State of California Department of Transportation (CalTrans) for the development of affordable housing; and WHEREAS, the City of Cupertino selected Habitat for Humanity to develop four affordable housing units for very and extremely low income families; and WHEREAS, Habitat for Humanity requires ownership of the land to construct the four units and apply for State grants; and WHEREAS, the City of Cupertino wishes to guarantee the construction of affordable housing on the lot; NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Cupertino hereby approves the DDA between the City of Cupertino and Habitat for Humanity and authorizes the City Manager to execute the agreement on behalf of the City of Cupertino. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 1 day of June, 2010 by the following vote: VOTE MEMBERS OF THE CITY COUNCIL AYES: Wang, Wong, Chang, Mahoney, Santoro NOES: None ABSENT: None ABSTAIN: None Attest: Approved: City Clerk / /r, City of Cuperf o