Attachment 1
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CITY OF MOUNTAIN VIEW
RESOLUTION NO.
SERIES 2024
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOUNTAIN VIEW
AUTHORIZING THE CITY MANAGER OR DESIGNEE TO ENTER INTO A FUNDING AGREEMENT
WITH ALTA HOUSING, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION TO DESIGN AND CONSTRUCT CITY-OBLIGATED UTILITY UNDERGROUNDING IMPROVEMENTS AT 1020
TERRA BELLA AVENUE
IN AN AMOUNT NOT TO EXCEED $2.5 MILLION
WHEREAS, Alta Housing proposes to develop a 1.04-acre site at 1020 Terra Bella Avenue ; and
WHEREAS, the proposed development is a new six -story affordable housing development with 108 residential units and a two-level podium garage; and
WHEREAS, t he 1020 Terra Bella Avenue development project proposes to underground existing overheard utilities and remove utility poles along the project frontage of San Rafael Avenue because the new building will not meet clearance requirements by the Occupational Safety and Health Administration (OSHA); and
WHEREAS, the City Council requested additional undergrounding be included with the affordable housing project along Terra Bella Avenue to improve and beautify the street scape; and
WHEREAS, Alta Housing has agreed to construct joint utility improvements installing City- obligated undergrounding of the existing overhead utilities and removal of utility poles along the Terra Bella Avenue project frontage; and
WHEREAS, the City Council approved the Fiscal Year 2023-24 Capital Improvement Program (CIP) on June 27, 2023, which included $1.0 million to fund the City-obligated Terra Bella Avenue utility undergrounding improvements and approved the Fiscal Year 2024-25 CIP on June 25, 2024, which included adding $1.75 million to the City -obligated Ter ra Bella Avenue utility undergrounding improvements, for a total budget of $2.75 million; and
WHEREAS, Undergrounding Utilities at 1020 Terra Bella, Project 24-38, was established as the account from which payments will be made to Alta Housing for said utility undergrounding improvements; now, therefore, be it
RESOLVED: that the City Council of the City of Mountain View authorizes the City Manager or designee to e nter into a funding agreement with Alta Housing , a California nonprofit
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corporation (California Entity Number 2541961) to design and construct City-obligated utility undergrounding improvements at 1020 Terra Bella Avenue for a total not to exceed amount of $2.5 million.
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AB/EP/1/RESO
908-06-25-24r