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HomeMy WebLinkAboutReso 1988-13424 RESOLUTION NO. 13424 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND NADFT TO PARTICIPATE IN A FACILITIES BENEFIT DISTRICT AND AGREE NOT TO PROTEST FORMATION OF ASSESSMENT DISTRICT 87-1 (EAST "H" STREET) AND AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT The City Council of the City of Chula Vista does hereby resolve as follows: NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that that certain agreement between THE CITY OF CHULA VISTA, a municipal corporation, and NADFT, a California Limited Partnership, by Daly Homes of California, Inc. to participate in a Facilities Benefit District and agree not to protest formation of Assessment District 87-1 (East "H" Street) dated the 22nd day of December , 198 7, a copy Of which is attached hereto and incorporated herein, the same as though fully set forth herein be, and the same is hereby approved. BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista be, and he is hereby authorized and directed to execute said agreement for and on behalf of the City of Chula Vista. Presented by Approved as to form by J n P. Li~i~t', Director Thomas J Harron City D~Public Works Attorney' ' 0374a ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF U, .JLA VISTA, CALIFORNIA, this 19th d~y Of January 19 88 , by the following vote, to-wit: AYES: Councilmembers t4cCandlj. ss, Nad. er, Malcolm, Coz, Moo~ce NAYES: Counci]members None ABSTAIN: Councilmembers None ABSENT: Counci 1 members None hulaVista ATTEST ~ ~' City Clerk' S E OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California, DO HEREBY CERTIFY thot the obove and foregoing is a full, true ond correct copy of RESOLUTION N0. 13424 ,ond that the some hos not been omendedor repealed DATED City Clerk CIW OF LdULA VISTA CC-660 AGREEMENT TO PARTICIPATE IN A FACILITIES BENEFIT DISTRICT THIS AGREEMENT iS entered into this 22rid day of December , 1987 between the developers of Chula Vista Tract 87-7 Bel Air Ridge (Developer) and the City of Chula Vista, a municipal corporation (City). RECITALS: WHEREAS, the City is presently preparing a Financing Program for the construction of public infrastructure necessitated by development east of 1-805 including the development proposed by "Developer", and WHEREAS, Developer desires to proceed with its development prior to the City's completion and final adoption of its Financing Plan for the public infrastructure necessitated by Developer's proposal, and WHEREAS, Developer is desirous of participating in the Facilities Financing Plan for the construction of off-site improvements east of 1-805 and the City is willing to process Developer's proposal for development prior to completion of the Financing Plan in consideration of Developer's agreement to participate in the final Financing Plan and to pay those fees which the final Financing Plan attributes to Developer's proposal. AGREEMENT Developer and City hereby agree as follows: 1. Developer agrees to participate in a Facilities Benefit District or other appropriate Financing Plan for the construction of off-site improvements east of 1-805. While the current fee used in estimates is 91,200 per unit, it is contemplated that this fee will soon be raised to approximately effect at ........ contemplated increase in the fee. 2. Developer agrees not to oppose or protest the formation of the proposed Assessment District 87-1 nor to object to the inclusion of the subject property in the district. 3o City agrees to process Developer's proposal for development of the property and to accept Developer's proposal to pay these facilities fees as opposed to other conditions and exactions which could be imposed to deal with the impacts covered by the facilities fees. Both parties acknowledge that this agreement does not limit City's right to impose other conditions and exactions to Developer's proposal as long as Developer is not "double-charged" for the identical improvement. THE CITY OF CHULA VISTA BEL AIR RIDGE CVT 87-7 o~ it~y of~Ch N.A.D.FoT., A California Limited Partnership, BY: Daly Homes of California. Inc.. G~nera] Partne~ AT T E S T ~1 ~/??/27j City Clbrk~/ Ja e President Approved as to form by At 3438a STATE OF CALIFORNIA } COUNTY OF SAN DIEGO SS. On this ~ 2 ~II~ day of ~]Ze22dItb~_,Z~, in the year ~ , before me, the undersigned, a Notary Public in and for said County and State, personally appeared ~IBe personally known to me (or proved to me on the basis of satisfactory evidence) to be the iK M e. CmTWOO[ ~f~hll~if~E~Ya~X~ilj~liDffie~K~KFag~{Xa~ NOTARY PUBLIC- CALiF PRINCIPAL OFF CE IN ~r4ill~"~Y°"'[~XjKXXxxXXxxxrxYx~xxxx~×xx~xwX ,SAN OIEGQ COUNTY -f Kim ~, Chitwood