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Lafayette council unanimously sells 949 Moraga Road lot to Sunflower Hill and Saha for $1
Summary
The City Council voted unanimously to sell the city-owned parking lot at 949 Moraga Road to Sunflower Hill and Saha for $1 on a one-year, funding-contingent agreement that the mayor said is essential to secure financing for 43 units of 100% affordable housing for developmentally disabled adults.
Last Friday, the City Council unanimously voted to sell the city-owned parking lot at 949 Moraga Road to Sunflower Hill and Saha for $1, the mayor said.
The deal is a one-year agreement, contingent on the developers securing outside funding and with the possibility of extension, Mayor (unnamed) said. "This deal will last for a year and…
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