Amend Baycliff Apartments agreement to require annual monitoring fee payments in advance

Baycliff ApartmentsContractsContract

Resolution Resolution No. 7-21

In Plain English

The city monitors affordable housing projects like Baycliff Apartments to ensure they follow income restrictions and rent limits. Currently, the monitoring fees are paid at different times. If approved, Baycliff must pay these annual fees in advance after their construction bonds are paid off.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

6 to 0

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