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HomeMy WebLinkAboutORD NO 4675— ORDINANCE NO. 4875 ORDINANCE AMENDING SECTION 15.84.055 OF THE BAKERSFIELD MUNICIPAL CODE RELATING TO REDUCTION OR WAIVER FOR LOW- INCOME HOUSING PROJECTS. BE IT ORDAINED by the Council of the City of Bakersfield as follows: SECTION 1. Section 15.84.055 of the Bakersfield Municipal Code is hereby amended to read as follows: 15.84.055 Reduction or waiver for low- income housing projects. A. Reduction of Fee for Rental Housing. The fee may be reduced by twenty -five percent for those projects where rent levels for all rentable units, excluding any manager's unit, will be affordable to low- income families as defined by the Federal Department of Housing and Urban Development for a minimum period of ten years. B. Waiver of Fee for Owner - Occupied Housing. The fee may be waived entirely for owner occupied housing if it can be demonstrated that the cost of the home would change from being affordable to a low- income family to being affordable to a moderate income family solely as the result of payment of the impact fee. C. Documentation Required for Reduction or Waiver of Fee. 1. Rental projects seeking a fee reduction pursuant to subsection A. of this section shall comply with the following procedure: a. Pay the current fee as set forth in Section 15.84.050. b. Submit evidence certifying that the rentable units will be occupied by low- income tenants. This information shall include any mortgage or rent subsidy contracts requiring occupancy by low- income families as a condition of approval or recorded deed restriction restricting occupancy of the units to low - income families, project data certifying tenant population to be low- income families, project data certifying tenant occupancy change to a higher income, or any other information deemed necessary to determine eligibility of the project for a fee reduction. 5: \C0UNCIL \0rds \11 -12 Ords \15.84.055 Rental Housing Fee.2d.docx -- Page 1 of 3 Pages -- U � ORIGINAL. C. Execute a Traffic Impact Fee Reduction Agreement agreeing to repay the city the portion of the fee refunded by the city should occupancy of the rentable units change to a higher income group. d. Once it is determined that the project qualifies for a reduction in fee, twenty -five percent of the fee paid pursuant to Section 15.84.050 will be refunded. 2. Owner- occupied projects seeking a fee waiver pursuant to subsection B of this section shall follow the following procedure: a. Pay the current fee required as set forth in Section 15.84.050. b. Submit evidence that the cost of the home would change from being affordable to a low- income family to being affordable only to a moderate - income family solely as a result of payment of the impact fee. This information shall include a copy of escrow instructions, closing statements, family income tax statements, loan closing statements and any other information deemed necessary to determine eligibility of the project for a fee waiver. C. Once it is determined that the project qualifies for a waiver of the fee, the monies paid pursuant to Section 15.84.050 will be refunded. SECTION 2. This Ordinance shall be posted in accordance with the provisions of the Bakersfield Municipal Code and shall become effective thirty (30) days from and after the date of its passage. --- - - - - -- 000---- - - - - -- S: \COUNCIL \Ords \11 -12 Ords\ 15 .84.055RentalHousingFee.2d.docx -- Page 2 of 3 Pages -- AK4 r 0 O `)RIGINAL HEREBY CERTIFY that the foregoing Ordinance was passed and adopted, by the Council of the City of Bakersfield at a regular meeting thereof held on MAY o 9- 7017 by the following vote: NOES: ABSTAIN: ABSENT: APPROVED: ✓ ✓ ✓ ✓ ✓ ✓ ✓ COUNCILMEMBER: SALAS, BENHAM, WEIR, COUCH, HANSON, SULLIVAN, JOHNSON COUNCILMEMBER: 111m, COUNCILMEMBER: ()tn- COUNCILMEMBER: Ylt0l MAY 0 9 7012 ROBERTA GAFFORD, CM CITY CLERK and Ex Officib Clerk of the Council of the City of Bakersfield APPROVED AS TO FORM: VIRGINIA GENNARO City Attorney By: —A DREW HEGLUN Deputy City Attorney AH:Isc S: \COUNCIL \Ords \11 -12 Ords\ 15 .84.055RenialHousingFee.2d.docx -- Page 3 of 3 Pages -- o`��AKF9s � m � o ORIGINAL AFFIDAVIT OF POSTING DOCUMENTS STATE OF CALIFORNIA) ) ss. County of Kern ) ROBERTA GAFFORD, being duly sworn, deposes and says: That she is the duly appointed, acting and qualified City Clerk of the City of Bakersfield; and that on the 11th day of Ma v, 2012 she posted on the Bulletin Board at City Hall, a full, true and correct copy of the following: Ordinance No. 4675, passed by the Bakersfield City Council at a meeting held on the 9th day of May, __2012 and entitled: AN ORDINANCE AMENDING SECTION 15.84.055 OF THE BAKERSFIELD MUNICIPAL CODE RELATING TO REDUCTION OR WAIVER FOR LOW- INCOME HOUSING PROJECTS. ROBERTA GAFFORD City Clerk and Ex Officio of the Council of the City of Bakersfield By: DEP 4Citlerk SAD000MEMIF0RMS\A0P.0RD.wpd AKF9q r ORIGINAL.