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lU9 <br /> lUI0TI0P1: Councilm�.n Wi�1i�r:�� ^��ver�, s�cc�r��led Ya,y Caunci�m�n <br /> Barre��, tn rf�verse th� deci j:°i.an �af tZ�.� P�arinin� C�mrniss�on �..�d <br /> approve t.h� T�ntative S��divi.�,�.on �:�.p �.�r���iz�gk.nt upon Council. <br /> approual of rpasora�:�e t�rms a:�d conc�ita.ons with regarc� ta de�r�� <br /> and covenants to be �ar�par�d i,�� t;he app�llant and reviewed by <br /> •�- City staff before laein,� pr�:ser�ted to Gt�uncil �or a�p�ov�.l. <br /> ,,,�„ Discussion followed and car.Lmera� va�,� r�ad� cc�.n^ern3.ng t;h� d�s�r�- <br /> ability of a condominium, of ar�].�r fiv� �ni�:� �.nd t�e pract�.c� c�f <br /> lending inst3.tutions with re�ard t� m�k:I.n� lc�ans to p�°c�.�pectiv�: <br /> owners of condom�n:Lum� ir� a s:rlal�� con.plc�x. <br /> The motion carried an the fol:towin� rc�ll ca��. vate: <br /> Ayes: Counciltr�:� I3a.rr�tt, Rhoc��;s, 4a3 l�.iams and i�ayor 6�l�ymc�utYi <br /> Noes : CQUnci3trian iiend�rson, Lei��i�;, Nox°ri� <br /> (�..C�. N0. 7�+-�7} <br /> Condominium conversion prc�ec�ta - 90-day maratr�rium <br /> MOTZON: 'ritle having bee�`� read, C�+�xncilrR�an ���nderson intrc�duc�d <br /> the following ordinance and moved, ti�cond�d by Councilm�.n Norriu, <br /> its approval for first r�a�din�: <br /> Or. dinance Impoain� a P�iaratorium on the A�proval c�f <br /> Any Condominium Conv�ersi�n Pra�ects Within �lie G3.ty <br /> of Redwood City, and Declaring the Nec�saity Ther�fr�r <br /> as �n Emergen�y Mea:ur� <br /> """�' � (NOTE: The moratarium �.s �'�sr �� r�ays ard e�ir�s <br /> a�ptember 1, 19?�) <br /> � <br /> Counc3.lman Norris requested that, the record ��i�w �a,.r.�.�rapY�s (a) <br /> thraugh (f} of Section � of the propc�secl �rdinanc� �.� th.e factors <br /> which promgte� �ie ann:in� �om.�ission �c recc�mme�nd impt�a:�tir�n <br /> of the moratarium: <br /> " (a) Th� c4nsi�tency o�' such proj�cts with �.p�3ir_��le <br /> general and speri_i'�cr pl��.ns, anc�, paz°�.icul�,rly� tYie <br /> housing �lement and �,h� land u�e r:1�z�L�ra� o�° tr�:, <br /> Redwood C'i.ty Genera'� .���r�. <br /> (b) TYie ine:re�.�� �.n �:li�: numbe�!� c�f" �,����:�.�;.�atzrra.7 #r.�� <br /> a.pprov�l of c:on��mira.uxti cc�r��ver�:�'�_r�r: p�a;���c.t�:�� . <br /> (c) The ef fect ca�' con����r�:i.ni�un �c�nv<�rN:z.��r� �7�r��jca;::t;� c�ii <br /> the typ�, number� r�.nd c��.�a,1i.�;, �f ����> C:i.+,;r A , li{a�,x�ir�, <br /> stoek. <br /> (d) Th�: �:g�'e�t o� s�,z::,� nY°c�.�jE.ct:� c;ri �:.l�aw� c,$c��7..�ty �.;.r��� <br /> 1e�rt-�l n#' munis�.i�pa7. ,��:x•vice:� . <br /> (e, '�he nped .fdz• �.dditic�n�.a �.r~�d �.a�e{�L:f'.i.L �:x°��?:�:�ct:�,;°a.�: <br /> � for th� heal�;h, �af�ty° and wc�°�.��.i k? �f. t��.xy�e.rs rar <br /> ,. <br /> ' renters of canr�Gmini.um c�nver�3.ori prt�j�4t�.,. <br /> P <br /> � f '�1~ie effec� of condaminium c�c�7�xv��r�ian rc> >n <br /> � ) P ,1�,>.t.> upvt� <br /> envi.ronm�Pn�al �:c1a�c3ii.iank� . '� <br /> Reg.Mt . <br /> 5/20/7� <br /> � M�.,�,--_ <br />