Amend Baycliff Apartments agreement to require annual monitoring fee payments in advance
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
6 to 0
Community Discussion
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