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

Moved by: Councilmember WillisSeconded by: Councilmember Martinez
Passed

6 to 0

Thomas K. ButtAye
Nathaniel BatesAbsent
Claudia JimenezAye
Demnlus Johnson IIIAye
Eduardo MartinezAye
Gayle McLaughlinAye
Melvin WillisAye

Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

Comments are submitted to the Richmond City Clerk before the meeting. By commenting, you agree to have your name and comment included in the public record.