HomeMy WebLinkAboutReso 2000-223 RESOLUTION NO. 2000-223
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING [A] A SECOND AMENDMENT
AND RESTATEMENT OF THE EASTLAKE GREENS
AFFORDABLE HOUSING AGREEMENT AND [B] THE
AFFORDABLE HOUSING IMPLEMENTATION PLAN IN
CONJUNCTION WITH THE EASTLAKE GREENS PROGRAM
WHEREAS, on August 4, 1998, the City Cotmcil adopted the an amendment to the
Affordable Housing Agreement for the Planned Community of EastLake by Resolution 19135 to
incorporate revised construction benchmarks and to review and approve the establishment of a first-
time home buyer program ("Greens Program") for the EastLake Greens Project ("Project"); and
WHEREAS, EastLake Development Corporation proposed to build the affordable units as a
"for-sale" Project and requested City assistance in developing a first-time home buyer program; and
WHEREAS, for the reasons stated in the staff report, there was a change in a number of
conditions to the Project that required an amendment to the Affordable Housing Agreement, adopted
by Resolution 19135; and
WHEREAS, staff and Developer negotiated a second amendment to the amended agreement
to provide for the provision of 130 affordable housing units on certain terms and conditions contained
in said agreement; and
WHEREAS, such second amendment and restated agreement incorporates the Affordable
Housing Implementation Plan which is also submitted for City Council consideration.
NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does
hereby [a] approve a Second amendment and restatement of the EastLake Affordable Housing
Agreement in the form presented and attached hereto; and [b] approve the Affordable Housing
Implementation Plan in conjunction with the Eastlake Greens Program attached and incorporated to
the Second Amendment thereto.
BE IF FLIRTHER RESOLVED that the City not release any funds until such time as staff and
the City Attomey's office have reviewed and approved the CC&R's for the Project and all other
documents described in the Affordable Housing Implementation Plan.
Presented by Approved as to form by
CIms Salomone " ny ~
Community Development Director
Resolution 2000-223
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
Califomia, this 204 day of June, 2000, by the following vote:
AYES: Councilmembers: Davis, Padilla, Salas, and Horton
NAYS: Councilmembers: None
ABSENT: Councilmembers: Moot
ATTEST: Shirley Ho;~
Susan Bigelow, City Cl~r~
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. 2000-223 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 20th day of June, 2000.
Executed this 20th day of June, 2000.
Susan Bigelow, City Clerk