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HomeMy WebLinkAboutReso 2000-032 RESOLUTION NO. 2000-032 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AGREEMENT WITH McMILLIN OTAY RANCH, LLC REGARDING TRANSPORTATION DEVELOPMENT IMPACT FEES AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT WHEREAS, pursuant to the Municipal Code and the Poggi Sewer DIF Ordinance 2716, McMillin Otay Ranch, LLC sent a letter to the City requesting authorization to construct DIF facilities and receive Transportation and Poggi Sewer Development Impact Fee credits for portions of Olympic Parkway from Brandywine to SR 125, Paseo Ranchero from Palomar Street to Olympic Parkway, La Media Road from Palomar to Olympic Parkway and East Palomar Street from the easterly Sunbow boundary to Paseo Ranchero; and WHEREAS, the developer's obligations to finance and construct these improvements are outlined in the Olympic Parkway Financing Agreement approved by Council in April of 1999 by Resolution No. 19410; and _ WHEREAS, in order to ensure compliance with the TDIF ordinance prior to the Director of Public Works granting credit against fees, McMillin Otay Ranch, LLC has executed the attached agreement. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby approve an agreement with McMillin Otay Ranch, LLC regarding Transportation Development Impact Fees, in substantially the form presented with such minor modifications as may be required or approved by the City Attorney, a copy of which shall be kept on file in the office of the City Clerk. BE IT FURTHER RESOLVED that the City Manager is hereby authorized to execute said agreement on behalf of the City of Chula Vista. Presented by Approved as to form by Resolution 2000-032 ~ Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, CalifoFaia, this 1st day of February, 2000, by the following vote: AYES: Councilmembers: Davis, Padilla, Salas, and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: Moot Shi~Ma'~yor ATTEST: Susan Bigelow, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2000-032 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 1~* day of February, 2000. Executed this 1~ day of February, 2000. ~~_ ~'~~ Susan Bigelow, City Clerk