Title 9 — PUBLIC PEACE, MORALS AND SAFETY
Chapter 9.70 — RESALE CONTROLS FOR UNITS ORIGINALLY FINANCED WITH
Palo Alto Municipal Code · 2026-09 edition · updated 2026-09-29 · Palo Alto
9.70.010 Purpose.¶
The purpose of this chapter is to enhance the public welfare by ensuring that housing financed with mortgage revenue bond proceeds contributes to attaining the housing goals set forth in the Comprehensive Plan of the City of Palo Alto by increasing the supply of residential housing affordable to low and moderate income households.
(Ord. 3336 § 1 (part), 1982)
9.70.020 Definitions.¶
(a) The following words and phrases, whenever used in this chapter, shall be construed as defined in this section:
(1) “Consumer Price Index” means the consumer price index for the San Francisco-Oakland area published by U.S. Department of Labor, Bureau of Labor Statistics or a successor index approved by the director of planning and development services.
(b) "Qualified buyer" means a person or persons whose income does not exceed the maximum income established for mortgage revenue bond financing by the California Health and Safety Code and as specifically approved for a project in the developer agreement among the county of Santa Clara, the city and the developer for a project.
(3) “Deed restrictions” means the most recent deed restrictions developed by the city for the city’s below-market-rate program which are on file with the department of planning and development services.
(Ord. 5494 § 3, 2020: Ord. 3505 §1, 1984: Ord. 3336 § 1 (part), 1982)
9.70.030 Resale controls of units originally financed with mortgage revenue bonds.¶
In order to accomplish the purposes of this chapter, housing units in the city which are financed with mortgage revenue bonds shall be sold only to qualified buyers. The qualified buyers of each such unit shall grant to the city a right of first refusal to purchase the unit pursuant to deed restrictions to be recorded as part of any grant deed with the county recorder of Santa Clara County; provided, that the base price, as set forth in the deed restrictions, shall be increased by two-thirds of the percentage increase in the Consumer Price Index from the date of the purchase of a unit by the seller to the date of receipt by city of the notice of intent to sell.
(Ord. 3505 § 2, 1984: Ord. 3336 § 1 (part), 1982)
9.70.040 Exceptions to resale control requirements.¶
Unless they are more restrictive, the resale controls established by Section9.70.030 shall not apply to units designated as BMR units under the city's below-market-rate program or to any other units for which resale controls have been established by the city.
(Ord. 3505 § 3, 1984: Ord. 3336 § 1 (part), 1982)
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Ask AI about this code▸Contents — Palo Alto Municipal Code
- Article VIII — A. Board of Education
- Title 1 — GENERAL PROVISIONS
- Title 2 — ADMINISTRATIVE CODE
- Title 4 — BUSINESS LICENSES AND REGULATIONS
- Title 5 — HEALTH AND SANITATION
- Title 6 — ANIMALS
- Title 8 — TREES AND VEGETATION
▸Title 9 — PUBLIC PEACE, MORALS AND SAFETY
Overview- 9.04 Alcoholic Beverages
- 9.05 Entertainment Zones
- 9.06 Rental of Recreational Vehicles for Human Habitation
- 9.07 Safe Storage of Firearms
- 9.08 Guns and Explosives
- 9.09 Public Nuisance
- 9.10 Noise
- 9.12 Loudspeakers
- 9.14 Smoking and Tobacco Regulations
- 9.16 Reserved
- 9.17 Reserved
- 9.20 Reserved
- 9.22 Impersonating Public Officials
- 9.24 Reserved
- 9.26 Private Patrol Service
- 9.28 Hotels and Rooming Houses
- 9.32 Reserved
- 9.40 Aircraft
- 9.44 Solicitation of Employment, Business, or Contributions Wi…
- 9.45 Solicitation in Streets, Commercial Parking Areas, and in…
- 9.48 Obstructing Streets and Sidewalks
- 9.50 Graffiti
- 9.56 Abatement of Nuisances
- 9.57 Reserved
- 9.60 Civic Center Block Regulations
- 9.64 Regulation of Community Facilities
- 9.65 Residential Rental Registry Program
- 9.68 Rental Housing Stabilization
- 9.70 Resale Controls For Units Originally Financed With Mortga…
- 9.72 Mandatory Response to Request for Discussion of Disputes …
- 9.73 City Policy Against Arbitrary Discrimination
- 9.74 Discrimination Against Families with Minor Children in Ho…
- 9.76 Mobilehome Park Conversion
- 9.78 Mosquito Abatement
- 9.79 Newsracks
- Chapter 9.04 — ALCOHOLIC BEVERAGES
- Chapter 9.05 — ENTERTAINMENT ZONES
- Chapter 9.06 — RENTAL OF VEHICLES FOR HUMAN HABITATION
- Chapter 9.07 — SAFE STORAGE OF FIREARMS
- Chapter 9.08 — GUNS AND EXPLOSIVES
- Chapter 9.09 — PUBLIC NUISANCE
- Chapter 9.10 — NOISE
- Chapter 9.12 — LOUDSPEAKERS
- Chapter 9.14 — SMOKING AND TOBACCO REGULATIONS
- Chapter 9.16 — RESERVED
- Chapter 9.17 — RESERVED
- Chapter 9.20 — RESERVED
- Chapter 9.22 — IMPERSONATING PUBLIC OFFICIALS
- Chapter 9.24 — RESERVED
- Chapter 9.26 — PRIVATE PATROL SERVICE
- Chapter 9.28 — HOTELS AND ROOMING HOUSES
- Chapter 9.32 — RESERVED
- Chapter 9.40 — AIRCRAFT
- Chapter 9.44 — SOLICITATION OF EMPLOYMENT, BUSINESS, OR CONTRI…
- Chapter 9.45 — SOLICITATION IN STREETS, COMMERCIAL PARKING ARE…
- Chapter 9.48 — OBSTRUCTING STREETS AND SIDEWALKS
- Chapter 9.50 — GRAFFITI
- Chapter 9.56 — ABATEMENT OF NUISANCES
- Chapter 9.57 — RESERVED
- Chapter 9.60 — CIVIC CENTER BLOCK REGULATIONS
- Chapter 9.64 — REGULATION OF COMMUNITY FACILITIES
- Chapter 9.65 — RESIDENTIAL RENTAL REGISTRY PROGRAM
- Chapter 9.68 — RENTAL HOUSING STABILIZATION
- Chapter 9.70 — RESALE CONTROLS FOR UNITS ORIGINALLY FINANCED W…
- Chapter 9.72 — MANDATORY RESPONSE TO REQUEST FOR DISCUSSION OF
- Chapter 9.73 — CITY POLICY AGAINST ARBITRARY DISCRIMINATION
- Chapter 9.74 — DISCRIMINATION AGAINST FAMILIES WITH MINOR CHIL…
- Chapter 9.78 — MOSQUITO ABATEMENT
- Chapter 9.79 — NEWSRACKS
- Title 10 — VEHICLES AND TRAFFIC
- Title 11 — ENVIRONMENTAL IMPACT PROCEDURE
- Title 12 — PUBLIC WORKS AND UTILITIES
- Title 13 — IMPROVEMENT PROCEDURE
- Title 15 — FIRE PREVENTION
- Title 16 — BUILDING REGULATIONS
- Title 17 — HAZARDOUS MATERIALS STORAGE
- Title 18 — ZONING
- Title 19 — MASTER PLAN
- Article 7 — AUTHORITY FOR AND SCOPE OF MASTER OR GENERAL PLANS.
- Article 8 — PROCEDURE FOR ADOPTION OF MASTER OR GENERAL PLAN.
- Chapter 19.06 — SPECIFIC PLANS
- Chapter 19.10 — COORDINATED AREA PLANS
- Title 20 — PRECISE PLANS
- Title 21 — SUBDIVISIONS AND OTHER DIVISIONS OF LAND
- Title 22 — PARKS