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DATE:
TO:
FROM:
SUBJECT:
COUNCIL AGENDA REPORT
February 2, 2012
MEETING DATE: 02/06/12
ITEM NO:
CONSENT
MAYOR AND TOWN COUNCIL
GREG LARSON, TOWN MANAGER ) P"t
PLANNED DEVELOPMENT PD -10 -004• PROJECT LOCATION: 16213 LOS
GATOS BOULEVARD. PROPERTY OWNER/APPLICANT: SANTA CLARA
DEVELOPMENT COMPANY
APPROVAL OF OFF -SITE BMP UNIT
RECOMMENDATION
Approve the off -site BMP unit and direct staff to commence the process to make the unit
available for sale to a qualified low income recipient.
DISCUSSION
On October 7, 2011, the Town Council approved a Planned Development (PD) for construction
of 22 single - family homes on the former Honda dealership site at 16213 Los Gatos Boulevard.
As part of the approval, one Below Market Price (BMP) unit will be constructed within the
project and one off -site BMP unit will be provided. Performance standard #4 from PD
Ordinance 2203 requires Council approval of the off -site BMP unit.
The applicant is proposing to convert a studio unit located in the Wedgewood Manor
condominium complex at 14225 Lora Drive to a BMP unit (see Attachment 1). There are
currently no affordable units within the complex. The studio unit has recently been upgraded as
shown in the photos attached to the letter, and is ready to be released for sale upon approval by
Council and completion of a BMP Agreement with the developer. The unit will be sold to a low
income individual or household through the Town's BMP program.
In addition to the off-site unit, the applicant is also providing one on -site unit per the PD
approval. The on -site unit is a very large, four bedroom, two car garage, 2,000 s.f. home that
will be sold to a moderate level qualified buyer.
The adopted BMP Guidelines state that BMP units should be similar in size to the market rate
units in a project. Although that is not the case with this proposal, staff fields support for the
�,M
PREPARED BY : �Wendie R. Rooney, Director of Community Development
Reviewed by: 3,�Assistant Town Manager Town Attorney Finance
N: \DEV \TC REPORTS\2012\LGB 16213- BMP.doe Reformatted: 5/30/02
PAGE 2
MAYOR AND TOWN COUNCIL
SUBJECT: 16213 Los Gatos Boulevard /PD -10 -004, ND -10 -002
February 2, 2012
overall plan because the on -site unit will be the largest unit in the Town's affordable housing
inventory both in square footage and number of bedrooms, and would be very similar to the
market rate units. The next largest unit in the Town's inventory has approximately 1,500 square
feet of living space and includes three bedrooms. Equally important is that the off -site unit will
be the first for -sale low income BMP unit in the inventory (all other for -sale units have been
moderate income units). Staff finds that there are mitigating circumstances with the overall
proposal due to the size of the on -site unit and the ability to provide the Town's first low- income
for -sale BMP unit. Consequently, staff believes the Council has the discretion to find that the
proposal meets the intent of the BMP Guidelines.
FISCAL IMPACT
None
ATTACHMENTS
1. Letter from applicant (one page) with BMP unit photos (three pages), received January 13,
2012
Distribution
cc: Mark Robson, Santa Clara Development, 2185 The Alameda, Suite 150, San Jose, CA
95126
WRR: SD: cgt
N:\DEV \TC REPORTS\2012\LGB 16213- BMP.doc
January 12, 2012
Dear Mayor and Council Members,
As you recall, on October, 7, 2011, the Town Council approved one offsite BMP unit for the
project located at 16213 Los Gatos Blvd., formerly a Honda automobile dealership. The offsite
unit was approved with the understanding that it would be a "low income, for sale unit ", and not
be located in close proximity to other BMP units and not lie within the Los Gatos Union School
District boundaries. A low income unit is particularly attractive because, while demand for such
units is high, the Town does not have any in its inventory. Thus, this offsite BMP further
advances the goals of the Town's BMP policy.
Since the exact location and description of the home was not presented at the meeting, the
Council requested that once identified and documented, the particular unit would be brought
before Council for final authorization. This document provides that information and requests
your approval.
The home is located at 14225 Lora Drive, #67, Los Gatos, in the Wedgewood Manor complex. It
is a 786 square foot studio condominium with a recently updated kitchen including new granite
counters, sink and faucet, microwave and range combo, and low profile light; updated bathroom
including new sink and faucet, tub shower, and vinyl flooring; and new paint and hardwood
flooring throughout. It appears spacious and inviting due to its open floor plan and light, bright,
and "airy" decor. The home features include an entertainment nook, dining bar, office area,
extra storage closets, and privacy from neighbors. HOA dues are approximately $286 per
month. The studio condominium is on the second floor of its building and is accessed by a
stairway or an elevator. The laundry room and mailbox are located on the ground floor near the
stairs and one assigned covered parking stall with storage is located close by. Additional on-
site parking is available (one -time permit fee) and there is guest parking. The common areas
are spacious and well maintained. There is an onsite clubhouse which includes a well stocked
library, an exercise room, workshop, lounge with a fireplace, kitchen facilities, a dining area, and
an outdoor area with a table and chairs and water fountain. There is also an outdoor area
outfitted with a gas -fired barbeque and tables and chairs. The amenities and features of the
complex, coupled with the attractive floor plan, updated interior and private location of the home
make it a very desirable and practical living space.
The unit is located in the Marshall Lane Elementary, Rolling Hills, and Westmont High School
Districts.
Attached is Google Maps map showing the location of the condominium complex and photos of
the unit's interior.
Sincerely,
ROBS OHOMES
Mark Robson
President
RECEIVED
JAN 13 2917.
T PL JNIING DIVISION
2185 THE ALAMEDA, SUITE 150, SAN JOSE, CA 95126
phone 408.345.1 767 fax 408.345.1768 web www.robsonhomes.com
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