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HomeMy WebLinkAboutCC Resolution 7995 (Crest Marin BMR)r RESOLUTION NO. 7995 A RESOLUTION AUTHORIZING THE SIGNING OF A BELOW MARKET RATE RENTAL UNIT AGREEMENT RE CREST MARIN II BETWEEN CITY OF SAN RAFAEL AND NORTH BAY PROPERTIES II, L.P. A CALIFORNIA LIMITED PARTNERSHIP AND SUCCESSORS IN INTEREST THE CITY COUNCIL OF THE CITY OF SAN RAFAEL RESOLVES as follows: The MAYOR and CITY CLERK are authorized to execute, on behalf of the City of San Rafael, a Below Market Rate Rental Unit Agreement re Crest Marin II between the City and Northbay Properties II, L.P. a California Limited Partnership and successors in interest, a copy of which is hereby attached and by this reference made a part hereof. I, JEANNE M. LEONCINI, Clerk of the City of San Rafael, hereby certify that the foregoing resolution was duly and regularly introduced and adopted at a regular meeting of the Council of said City on Monday, the 3rd day of July, 1989, by the following vote, to wit: AYES: COUNCILMEMBERS: Boro, Breiner, Frugoli, Thayer & Mayor Mulryan NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None JE b1. LES CYNI, City Clerk