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2. Right click on that page, and a dialogue box pops up. Scroll to translate agenda to (select language of your choice), and click on that command.
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File #:
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13-0103
Version:
1
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Name:
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Type:
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CC- Study Session
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Status:
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Approved
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On agenda:
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3/5/2013
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Final action:
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3/5/2013
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Title:
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JOINT STUDY SESSION - REVIEW PROPOSED CHANGES OF A MULTI-PHASED, MIXED USE DEVELOPMENT IN RAILROAD SQUARE TO A STAND-ALONE AFFORDABLE HOUSING DEVELOPMENT AT 3 WEST THIRD STREET AND MODIFICATION TO THE PROPOSITION 1C GRANT AWARD New Railroad Square has received certain land use entitlements, environmental clearances and/or financial pledges from local, state and federal agencies, and private entities. However, real estate and financial markets continue to be weak for new commercial and new market-rate residential construction amid other challenges to the financial feasibility of the project. The State has revised the Proposition 1C Grant program to allow a grant recipient to modify its project from a multi-phase project to a stand-alone project with a commensurate reduction in the grant award. No action is requested; however, the Council and Housing Authority may discuss and provide questions for staff to include in its further research and discussion for the subsequent meetings
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Attachments:
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1. Staff Report
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