Resolution No. XX-2022 1
RESOLUTION NO. X
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF EAST PALO ALTO
ADOPTING A FUNDING STRATEGY TO UPGRADE THE CITY’S WATER SYSTEM TO SERVE THE 965 WEEKS STREET AFFORDABLE HOUSING PROJECT
WHEREAS, the City of East Palo Alto has numerous upcoming development projects that do not meet current fire flow requirements as required by Menlo Park Fire Department; and WHEREAS, development projects need to obtain minimum fire flow requirements in order to receive their certificate of occupancy; and
WHEREAS, the 2022 Water Master Plan identified several priority projects rated based on criteria including existing pipe condition, environmental/public impacts, safety and supply impacts; and WHEREAS, the University Avenue watermain and the Weeks Street watermain projects need to be designed and constructed to serve upcoming development projects including the 965 Weeks affordable housing project; and
WHEREAS, the costs to design and construct the University Avenue watermain project is approximately $5.5 million; and
WHEREAS, the costs to design and construct the Weeks Street watermain project is approximately $2.1 million; and
WHEREAS, the total cost of $7.6 million for these two projects can be funded through a combination of funds, including: State earmark ($1.5 million), Measure HH ($1million), RDA Housing successor ($1million), Unassigned General Fund Reserve ($2,041,000), Light Tree Impact Fee ($450,000), Water Capital fund ($965,000), past ARPA allocation ($700,000).
WHEREAS, the construction of the two projects will increase and improve the supply of affordable housing in the City by allowing the 965 Weeks Street Development to proceed, which will provide 136 residential units affordable to extremely low income, very low income and low income households.
WHEREAS, the City Council finds that the construction of the two projects is a fundamental part of the 965 Weeks Street Project and that the projects directly benefit the 965 Weeks Street project.
NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF EAST PALO ALTO HEREBY adopts a funding strategy to upgrade the city’s water system to serve upcoming development projects.
PASSED AND ADOPTED this 4th day of October 2022, by the following vote:
AYES:
NOES:
ABSENT:
Resolution No. XX-2022 2
ABSTAIN:
Rubin Abrica, Mayor
ATTEST: APPROVED AS TO FORM:
James Colin, City Clerk Valerie J. Armento, Interim City Attorney