Residents of Laguna Terrace Park applauded Tuesday night when the City Council gave conditional approval to subdivide the property so tenants would eventually be allowed to own the land under their mobile homes.
The council voted 4 to 1 to adopt a resolution that conditionally approves a modified tentative tract map of the property and the coastal development permit, which is expected to be challenged by the California Coastal Commission. City Manager Ken Frank explained the tract map would creative individual parcels.
"The city won't approve a final map until the issue of the permit is settled," park manager Jim Lawson said. "The city has seven calendar days to issue a notice of final action to the Coastal Commission, which sets off an appeal period of 10 working days."
In the meantime, Lawson will apply for a preliminary public report from the state Department of Real Estate, which will allow him to quote tentative prices for the individual parcels, take reservations and accept deposits as long they are not co-mingled with park operating funds.