HomeMy WebLinkAboutAgenda Statement 1976/08/17 Item 08aCITY OF CHULA VISTA ITEM N0. 8 a _
COUNCIL AGENDA STATEMENT s/17/76
-FOR MEETING OF:
ITEM TITLE: Resolution #8288: App roving Final Map for Robinhood Point Unit
#1 Subdivision.
SUBMITTED BY Director of Public Works/City Engineer l~
ITEM EXPLANATION
The Final Map for Robinhood Point Unit #1 Subdivision has been checked
by the Engineering Division and found to be in conformity with the
Tentative Map approved by the City Council on May 4, 1976 by Resolution
#8147.
During the public hearing on the Planned Unit Development PUD-76-1-
Robinhood Point held on May 4, 1976, the City Council adopted a motion
that the developer pay in lieu park dedication fee rather than the residentia]
construction tax fee. In accordance with Section 17.10.050 of the Municipal
Code, the City Council must determine the fair market value of land to
be developed concurrent with the approval of the Final Map.
The Developer, Mr. Casey, and his attorney met with the staff on Friday,
July 30 to resolve the fair market value of the Robinhood Point property.
The staff's recommendation, based upon that meeting, is that the City
Council use the actual purchase price of $956,700 in determining the
fair market value. If this recommendation is not acceptable to the developer,
he may wish to have the land appraised at his expense in order that the
Council may consider the matter at a later date. Justification of staff's
recommendation to use the actual selling price is contained in the attached
memo from Ken Lee, Current Planning Supervisor, dated August 2, 1976.
(Continued on Supplemental page 2)
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G Rr1161 I J H I I Hhl'1tU
Agreement Resolution X Ordinance Plat X Other X
Memo
Environmental Document; Attached Submitted on
STAFF RECOMMENDATION:
1. City Council approve Final Map
2. City Council determine the fair market value of land to be developed
at $956,700.
BOARD/ COMMISSION RECOMMENDATION
COUNCIL ACTION
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Form A-113 (Rev 5-75)
Supple~ental page 2
Agenda Item No. 8 a
The subdivider of Robinhood Aomes, Tnc. has paid all fees and submitted
all bonds and required documents. Approval of the Final Map includes
the dedication of a portion of Brandywine Avenue, a portion of Sequoia
Street and a portion of Arguello Drive.
A transparency is available for Council viewing.
Auyust r, 1976
To: John Li{~ip~ita, Assistant Director of Pubiljc b!urks ~,~
From: Y,en Lce, Current Planning Supervisor /.-' ,
i ~.
Subject: Final Fiap - Robinheod Point
In %accordance :with Section 17.10.050 of the i4unicipal Code the City Council
must deter•inine t!~:~ fair market value of land to be developed concu'~"rent ~::itir
the apl?rova~l oi` thc~ final map. Jn I:eeping t•rith this requirh~nr-nt, the staff
met w~i~i.h hlr. Casey and his attorney on Fr"iday, July :;Cth, in an att:enfi`~lto
resolve the fair mari;et value of the Pobir~hood Point property.
(ir. Casey supplied the staf` with a copy of i;hr_ agreement of purchase and
escrovr instructicns which stipulated that the 165.855 acres r~~ere purchased
for the suu; of $y~6,700, or X9,0;5.27 an acre. Under the park for!,~ula set
forth in Section 17.10.0;0 of tP~e Code, i.he developer is obligated to pay
a fee ec;ua~l to the eguivalen~t volee of the land r','hici~ is otheriti~ise required
to be dedicated. Thus the applicant is obligated foi° 322 sq. ft. of
land per unit, or• 322 ); 291 (total residential units of RoLin'nocd Point)
r•Arich equals ?_.151 acres. P1ultiplying the 2.151 X $9,0>5.27 (tie price
per acre) eq~.rals $19,434.87.
The or,~ina.nce stipulates that in addition the developer is obligated for
the value of 'improvements as required under Section 17.10.070 which sets
forth a requir°a~•~ent of $130 per unit. Tiiere~Pore.. by nnr"!ti:,~,lyinc the 5;130
,_ rJ uon nt~~ .. i.
271 Uri tS, ~:i I:aVt' a ~t0~ai 0. J'7,v.. ~'. ~- t1Cy ~~ ~ `.jgr ~0 t(i~ `. iliaQ
of tl:e land, ~~;e have a total o~ y57,2F~--, 87 for° the total par°!: fee.
Since PL'. Casey is requesting a final map consisting of 44 rasideni:ial units,
his obligation is to pay a fee cf ;;8,653.E0. i~ir. Case~~ has made such a
payment to the City as covered by receipt ~o. 70153 a~~d, therefore, complies
vrith the requirements of tl~ie Planning Department.
It should b~ noted that Section 17.10.050 stipulates the<t the City Council
vrill determine fair market value based on the assessed 'daluation modified to
equal market value in accordance faith tine currant pry:ctice of the County
Assessor. The assessed valuation on this property is $lb?,000; tl;is figure
must be multiplied by a factor of approximately G before the selling prico
of X956,700 is approached.
It tags the Planning Direci.or's oirinion that in this case rae should use the
actual selling price tah'ich he feels represents a moro accurate figure of
fair market value of the proper"ty. It taould, therefcn-e, he our recommendation
that the City Council use the actual purchase price in dei.ermining the fair
market value. Hor•rever, if this is not acceptable to the applicant he may wish
to have the land appraised at his expense in order that tl,e Council may recon-
sider the matter at a later date.
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