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1992-216-Denying A Request For Approval To Convert 54 Apartment Units To Condominiums On Property In The RM:5-12 ZoneRESOLUTION 1992 -216 RESOLUTION OF THE TOWN OF LOS GATOS APPROVING A DECISION OF THE PLANNING COMMISSION DENYING A REQUEST FOR APPROVAL TO CONVERT 54 APARTMENT UNITS TO CONDOMINIUMS ON PROPERTY IN THE RM:5-12 ZONE, CONDITIONAL USE PERMIT APPLICATION U -75 -3A AND ZONE CHANGE APPLICATION Z -92 -5 (PROPERTY LOCATED AT 615 BLOSSOM HILL ROAD /OWNER STEVE DILBECK) WHEREAS: A. Property owner and applicant, Steve Dilbeck, applied to convert 54 apartment units into condominium dwellings for the purpose of selling each unit individually, Conditional Use Permit Application U -75 -3A and Zone Change Application Z -92 -5; B. The Development Review Committee reviewed the application on October 8, 1992, recommending denial of the application citing the desire to preserve rental housing and discourage condominium conversion; C. The Planning Commission considered the application on October 14, 1992, and denied the application; D. The applicant appealed the Planning Commission decision; and E. The Town Council held a public bearing on November 16, 1992. RESOLVED: The Town Council finds that the Planning Commission did not err in its denial of Conditional Use Permit Application U -75 -3A and Zone Change Application Z -92 -5. The Town Council upholds the Planning Commission's finding that there is no compelling reason to violate the General Plan policy which discourages conversion of rental housing to condominiums because of the Town's commitment to protecting the limited stock of rental housing. Pursuant to Los Gatos Town Code Section 1.10.085, the time for seeking judicial review for the Town Council decision is governed by California Code of Civil Procedure Section 1094.6. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 7th day of December, 1992 by the following vote. COUNCIL MEMBERS: AYES: Randy Attaway, Steven Blanton, Eric D. Carlson, Brent N. Ventura Mayor Joanne Benjamin NAYS: None ABSENT: None ABSTAIN: None SIGNED: AYOR OF THE T9WN OF LOS GATOS LOS GATOS, CALIFORNIA ATTEST: CLERK OF THE TOWN LOS GATOS LOS GATOS, CALIFORNIA Pi