Legislation Details

File #: 206410   
Type: Consent Calendar Status: Agenda Ready
Meeting Body: City Council
On agenda: 11/17/2026
Title: 87 East Evelyn Affordable Housing Funding Reallocation
Attachments: 1. Council Report, 2. ATT 1 - Resolution

Title

87 East Evelyn Affordable Housing Funding Reallocation

Recommended Action

Adopt a Resolution of the City Council of the City of Mountain View Reallocating $4,000,000 of the City's loan from Phase Two (East Building) of the 87 East Evelyn Avenue affordable housing project to the development of Phase One (West Building), and authorizing the City Manager or designee to negotiate and execute all agreements and documents necessary to effectuate the loan allocation, to be read in title only, further reading waived (Attachment 1 to the Council report).