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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 it's contingent and with possibility of extending it, but contingent on them getting their funding," the mayor said.
City officials told the audience that the donated land is a critical local contribution that improves the applicants' chances of winning state and federal funding. The project as described by the mayor would create 43 units of 100% affordable housing for developmentally disabled adults. The mayor said there is broad community support for the facility but warned that state and federal funding appears to be shrinking.
The council did not identify a motion mover or seconder in the remarks summarized at the State of the City event. The mayor described the vote as unanimous; the mayor also noted that Vice Mayor Carl and Council Member McCormick were present for the event.
Council members and staff did not provide additional technical details about the financing timeline, the developer's specific funding sources, or an explicit construction schedule during the remarks recorded in the public address.
