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San Jose Civic Gallery City Hall agenda intelligence

Matter 26-769

Multifamily Housing Incentive Program Residential Tax and Fee Waiver for the 0 Seely Mixed-Use Development Building B Development Project Located at 681 East Trimble Road.

Housing City Council Agenda Ready Introduced 09 Jun 2026
1 Document on file 265 KB · 1 extracted · 1 AI summary
File
26-769
Type
Community & Economic Development
Status
Agenda Ready
Requester
Unknown
Introduced
09 Jun 2026
Last synced
11 Jun 2026 · 20:12

The papers

1 document · 265 KB
01 265 KB

Memorandum

265 KB Extracted AI Summary
file dd3d3b53-2754-4760-a4bf-ffb248dce802.pdf sha 78090fc4761e source unavailable

Official source link unavailable. The file was imported, but the current source metadata does not include a public document URL.

Generated summary AI-assisted

The source text indicates this attachment appears to be a draft document.

This memorandum discusses a proposed tax and fee waiver for the 0 Seely Mixed-Use Development Building B project located at 681 East Trimble Road. The waiver is part of the Multifamily Housing Incentive Program (MHIP) and aims to reduce construction taxes and Inclusionary Housing Ordinance fees, totaling up to $6,253,458. The project includes 1,430 residential units and commercial space, with specific phases outlined for development. The memorandum recommends conducting a public hearing and adopting a resolution to approve the waiver and authorize the Housing Director to negotiate related documents.

Key points
  • The memorandum is addressed to the Mayor and City Council regarding the 0 Seely Mixed-Use Development Building B.
  • The project is located at 681 East Trimble Road and is part of the Multifamily Housing Incentive Program.
  • The proposed tax and fee waiver amounts to up to $6,253,458.
  • The development will consist of 1,430 residential units and approximately 18,965 square feet of commercial space.
  • The project is structured in multiple phases, with specific details on each phase's residential units.
  • The memorandum includes a recommendation for a public hearing and resolution adoption.
  • The project is expected to create over 270 full-time construction jobs.
Limitations
  • The document includes unresolved placeholders such as specific dates and details that are not filled in.
  • The text appears to be a draft as it includes indications of approval and recommendations without finalization.

Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.

Extracted text preview · 16,564 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: See Below Approved 6/23/26 26-769 8.3 FROM: Erik L. Soliván Chris Burton John Ristow DATE: May 26, 2026 Date: 5/26/26 COUNCIL DISTRICT: 4 SUBJECT: Multifamily Housing Incentive Program Residential Tax and Fee Waiver for the 0 Seely Mixed-Use Development Building B Development Project Located at 681 East Trimble Road RECOMMENDATION (a) Conduct a public hearing to approve an economic development tax and fee waiver in connection with a reduction in construction taxes and a reduction of the Inclusionary Housing Ordinance in-lieu fee for the residential development located at 681 East Trimble Road, which meets the requirements of the Multifamily Housing Incentive Program enacted by the City Council on December 10, 2024 and extended on May 13, 2025 and January 27, 2026, in an amount of up to $6,253,458 pursuant to California Government Code Section 53083 and Open Government Resolution No. RES2024-99 Section 2.3.2.6.C. (b) Adopt a resolution approving the tax and fee waiver in an amount up to $6,253,458 and authorizing the Housing Director, or his designee, to negotiate and execute documents and document...