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<br />9159 <br /> <br />ORDINANCE NO. <br /> <br />INTERIM URGENCY ORDINANCE REQUIRING THE <br />CONSTRUCTION OF HOUSING OR THE PAYMENT OF A FEE <br />IN-LIEU THEREOF WITH RESPECT TO OFFICE <br />DEVELOPMENTS WITHIN SPECIFIED ZONING DISTRICTS IN <br />THE CITY OF REDWOOD CITY <br /> <br />The Council of Redwood City does ordain as follows: <br /> <br />Section 1. FindinQs. This Council hereby finds and declares as follows: <br /> <br />A. Office developments in the City of Redwood City, including the con- <br /> <br />version of existing non-office buildings for office use, have attracted and continue <br /> <br />to attract additional employees to the City; <br /> <br />B. There is a causal connection between such developments and the <br /> <br />need for additional housing in the City because both employers and persons <br /> <br />employed in office developments are benefited by the nearby availability of <br /> <br />housing; <br />C. The City faces an immediate prospect of large scale office develop- <br /> <br />ment which will contribute significantly to the need for housing in the City but <br /> <br />which, under current City regulations, will make no contribution to meeting that <br /> <br />need; <br /> <br />D. The supply of housing units in the City has not kept pace with the de- <br /> <br />mand for housing created by persons employed in the new office developments; <br /> <br />The housing shortage adversely impacts the local economy because employers <br /> <br />have difficulty in securing a local work force; <br /> <br />Ord-118 <br />flsh/sh/RC ICouncil/Ord <br />DES:rg <br />08/24/00 <br /> <br />dd'~'_""-""T"'-'" <br />