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.~pW N OF <br />~.~ ~,,,, <br />~ • ~~ <br />r' <br />~~ <br />`os uG A'~ps <br />DATE: <br />TO: <br />MEETING DATE: 9/20/10 <br />ITEM NO: L~ <br />REDEVELOPMENT AGENCY AGENDA REPORT <br />SEPTEMBER 12, 2010 <br />CHAIR AND MEMBERS OF THE REDEVELOPMENT AGENCY <br />FROM: GREG CARSON, EXECUTIVE DIRECTOR <br />~ ~- <br />SUBJECT: APPROVAL OF THE REPLACEMENT HOUSING PLAN FOR 20 DITTOS <br />LANE <br />RECOMMENDATION: <br />Approve the attached resolution, which will adopt the Replacement Housing Plan (the <br />"Replacement Housing Plan") for 20 Dittos Lane. <br />BACKGROUND: <br />The Agency acquired 20 Dittos Lane on December 13, 2009, for the purpose of developing <br />affordable housing on the property. The Agency subsequently demolished all of the structures <br />on the property and demolition was completed on August 25, 2010. In accordance with the <br />authority granted pursuant to Health and Safety Code Section 33413..5, the Town and Agency <br />permitted the demolition of the structures prior to the adoption of the attached Replacement <br />Housing Plan as the buildings were structurally unsound and susceptible to fire danger, among <br />other blighting conditions. Swift demolition was recommended by the Town's Parlcs and Public <br />Works Department and Building Division, as well as the Town's Police Department and the <br />Santa Clara County Fire Department as the property posed a health and safety threat to the <br />community. <br />DISCUSSION: <br />The Agency envisions working with Dittos Lane Family Housing, LLC, a qualified affordable <br />housing developer ("Developer"), to convey the Property from the Agency to the Developer and <br />to cause the Developer to construct a new affordable housing development. The current <br />PREPARED BY: BULO TZ ' <br />Project Manager <br />BL:pg <br />N:\MGR\AdminWorkFiles\2010 Council Reports\DittosLane9.20.10_.doc <br />Reviewed by. Deputy Director General Couns ecretary Finance <br />Community Development <br />