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<br /> Section 1. <br /> Based on the above findings which are adopted, Pearl Street Sustainable Housing <br />LLC is granted an extension to April 30, 2012, in which to complete construction of the residential units <br />for which a property tax exemption was granted under Resolution No. 5032, provided that the following <br />improvements to the project are made: <br /> <br />(a) Use of stone masonry on the first floor along the expanse of the Pearl Street side, <br />rather than wood finished wainscoting. <br /> <br />th <br />(b) Replace large wooden power pole and streetlight on 17Avenue and Pearl Street <br />with a new, architecturally appealing, metal streetlight. <br /> <br />th <br />(c) Include additional public seating on 17 Avenue adjacent to the courtyard <br />entrance. <br /> <br />th <br />(d) Improve the grand entrance to the building on the corner of 17Avenue and Pearl <br />Street with a more elaborate design and fabricated steel and other more expensive <br />building materials. <br /> <br />(e) Take reasonable steps necessary to qualify for LEED-Gold certification. <br /> <br />Section 2. <br /> The City Recorder is requested to forward a copy of this Resolution to Pearl Street <br />Sustainable Housing LLC, and to append a copy of this Resolution to Resolution No. 5032. <br /> <br />Section 3 <br /> . This Resolution shall become effective immediately upon its adoption. <br /> <br />The foregoing Resolution adopted the _____ day of October, 2011. <br /> <br /> <br /> <br /> <br /> _____________________________________ <br />Deputy City Recorder <br /> <br /> <br /> S:\CMO\2011 Council Agendas\M111024\S1110244 -and att A.doc <br />