File #: 17-416   
Type: New Business Status: Agenda Ready
Meeting Body: City Council
On agenda: 11/7/2017
Title: Proposed Early Investment in Affordable Housing in Connection with LinkedIn Middlefield Campus Project.
Attachments: 1. ATT 1 - LinkedIn Request Letter, 2. Council Report
Related files: 200053

Title

Proposed Early Investment in Affordable Housing in Connection with LinkedIn Middlefield Campus Project.

Recommended Action

1.                     Approve the prepayment of $10 million in Housing Impact fees for the LinkedIn Middlefield Campus as proposed by LinkedIn in Attachment 1 to the Council report and direct staff to continue to work with LinkedIn and the Housing Trust of Silicon Valley to finalize an agreement. 

 

2.                     Approve the concept of LinkedIn’s early investment in Mountain View affordable housing as a Community Benefit for the LinkedIn Middlefield Campus.