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Addendum PREPARED BY: ARN ANDREWS ASSISTANT TOWN MANAGER Reviewed by: Town Manager and Town Attorney 110 E. Main Street Los Gatos, CA 95030 ● 408-354-6832 www.losgatosca.gov TOWN OF LOS GATOS COUNCIL AGENDA REPORT MEETING DATE: 5/1/2018 ITEM NO: 13 ADDENDUM ITEM NO: 11 DATE: APRIL 30, 2018 TO: MAYOR AND TOWN COUNCIL FROM: LAUREL PREVETTI, TOWN MANAGER SUBJECT: REVIEW SUPPLEMENTAL INFORMATION FROM SUPPORT TEACHER HOUISING AND HABITAT FOR HUMANITY FOR BELOW MARKET PRICE (BMP) HOUSING AT 20 DITTOS LANE AND DIRECT THE TOWN MANAGER TO ENTER INTO AN EXCLUSIVE NEGOTIATING AGREEMENT (ENA) WITH ONE OF THE PARTIES REMARKS: After the distribution of the staff report, staff received the following question from a Council Member. The staff response follows in the table. What is the maximum combined income of a household to qualify at the top of the affordable level? % OF MEDIAN 30% 50% 80% Extremely Low Income Very Low Income Low Income Persons in Household 1 $27,950 $46,550 $66,150 2 $31,950 $53,200 $75,600 3 $35,950 $59,850 $85,050 4 $39,900 $66,500 $94,450 5 $43,100 $71,850 $102,050 6 $46,300 $77,150 $109,600 7 $49,500 $82,500 $117,150 8 $52,700 $87,800 $124,700 PAGE 2 OF 2 SUBJECT: REVIEW SUPPLEMENTAL INFORMATION FROM SUPPORT TEACHER HOUISING AND HABITAT FOR HUMANITY FOR BELOW MARKET PRICE (BMP) HOUSING AT 20 DITTOS LANE AND DIRECT THE TOWN MANAGER TO ENTER INTO AN EXCLUSIVE NEGOTIATING AGREEMENT (ENA) WITH ONE OF THE PARTIES DATE: APRIL 30, 2018 S:\COUNCIL REPORTS\2018\05-01-18 Mid-Year Interviews\13 Dittos Lane\Dittos Addendum.docx 4/30/2018 5:08 PM Attachments previously received with Staff Report: Attachment 1 - STH Revised Architectural Drawing Attachment 2 - STH Howell Easement Letter Attachment 3 - STH Maas Easement Letter Attachment 4 - STH SCC Fire Engagement Letter Attachment 5 - STH LGHS Engagement Letter Attachment 6 - STH LG Union School District Engagement Letter Attachment 7 - Habitat College Avenue Community Meeting Attachment 8 - Habitat Revised Proposal Attachment 9 - Habitat Revised Proposal 2 Attachment 10 - Public Comment