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REPORT - COLLABORATIVE MEMORANDUM OF UNDERSTANDING (MOU) BETWEEN THE CITY OF SANTA ROSA AND THE SANTA ROSA CITY SCHOOL DISTRICT TO ACHIEVE LOW AND/OR MODERATE INCOME HOUSING FOR SCHOOL DISTRICT EMPLOYEES ON FIR RIDGE DRIVE, LOT âFâ (APN 173-620-030).
BACKGROUND: On June 30, 2015, Council approved the Santa Rosa City School District (School District) and City of Santa Rosa (City) to enter into a Twelfth Amendment to the Holding Agreement pursuant to construction of a low and/or moderate housing development on Fir Ridge Drive. It is not likely that the School District will have a fully executed contract in place with a developer prior to June 30, 2016, as required under the Twelfth Amendment milestones to the Holding Agreement.
Due to the significant good faith efforts by the School District, the City aims to extend all of the milestones set forth in the Twelfth Amendment for an additional three years to allow the District ample time to complete their efforts on this Project. Moreover...
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