HomeMy WebLinkAboutRES NO 145-2023RESOLUTION NO. 145-2023
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
BAKERSFIELD AUTHORIZING THE ESTABLISHMENT AND
FORMATION OF THE BAKERSFIELD COMMUNITY LAND
TRUST.
WHEREAS, the City of Bakersfield (the "City") in compliance with State of
California law and its Housing Element must provide affordable housing in the City
to meet the full spectrum of housing needs of its population, and particularly to
provide housing opportunities for low- and moderate -income residents of the City;
and
WHEREAS, the City Council recommends that the City improve the provision
of affordable housing in the City by directing the formation of a "community land
trust," a nonprofit organization that develops and implements strategies for
preserving the permanent affordability of residential facilities; and
WHEREAS, a community land trust (CLT) is an independent section 501(c) (3)
nonprofit organization created to oversee permanent affordable housing and
preserve it for future generations; and
WHEREAS, a CLT has the ability to acquire real property and apply for grant
and loan funds for the purpose of increasing the supply of affordable housing in
the community; and
WHEREAS, a CLT owns the underlying land and sells the houses to individual
homeowners at affordable prices in order to preserve affordable housing in the
community; and
WHEREAS, a CLT also leases land to affordable rental housing developers
and restricts the rent they charge typically through a 99-year, renewable ground
lease; and
WHEREAS, the City Council determined that it is in the best interest of the
City and furthers the City's interest to establish and form the Bakersfield
Community Land Trust for the permanent preservation of affordable housing in
Bakersfield.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Bakersfield as
follows:
1. The above recitals are true and correct and incorporated herein bO�y�a" f9u�
reference.
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2. The City Council hereby authorizes and directs the City Attorney and
City Manager to take the necessary steps to establish and form the Bakersfield
Community Land Trust.
3. This resolution shall take effect immediately upon its passage.
HEREBY CERTIFY that the foregoing Resolution was passed and adopted
by the Council of the City of Bakersfield at a regular meeting thereof held on
OCT 1 1 2023 by the following vote:
✓ ✓ ✓
COUNCIL MEMBER-ArR-*S, GONZALES, WEIR, &MITH, FREEMAN, GRAY; YrA{iR-
NOES: COUNCIL MEMBER
ABSTAIN: COUNCIL MEMBER
C COUNCIL MEMBER t X-
APPROVED OCT 1 12023
By
KAREN K. GOH
Mayor
APPROVED AS TO FORM:
VIRGINIA GENNARO
City Attorney
qSH
7 -�UA H. RUDNICK
ty City Attorney II
JHR:ag
S:\COUNCIL\Resos\23-24\BakersfieldLandinut.do x
ULIE DRIMAKIS, CPMC, MMC
CITY CLERK and Ex Officio of the
Council of the City of Bakersfield
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