SARDA RES 24-003

Fri, 15 Nov 2024 20:26:47 GMT

File #: SARDA RES 24-003
Ver.: 1
Agenda #: 1.
Type: Successor Resolution
Title: PLN030204-AMD2 - UCP East Garrison, LLC - East Garrison Specific Plan Project Public hearing to: a. Consider an Addendum, together with the previously certified Final Subsequent Environmental Impact Report (SCH#2003081086) for the East Garrison Specific Plan Project (“FSEIR”) (Resolution No. 05-264) pursuant to CEQA Guidelines Section 15164; and b. Adopt a resolution to: 1. Approve the First Amendment to the Amended and Restated First Implementation Agreement between the Successor Agency to the Redevelopment Agency of the County of Monterey and UCP East Garrison, LLC amending the Disposition and Development Agreement; 2. Approve the First Amendment to the Completion Guaranty provided by Casa Acquisition Corp. for the East Garrison Phase Three very low- and low-income rental affordable housing units, extending the completion date by four years guaranteeing a new completion date for Phase Three affordable units by no later than March 31, 2030 and increasing the surety performance bond by $2,625,000 for a total amount of $20,125,000; and 3. Approve the designation by UCP East G
Action:
Result:

County of Monterey - Meeting of Successor Housing Agency to the Redevelopment Agency of the County of Monterey on 6/25/2024 at 1:30 PM

SARDA RES 24-003