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HomeMy WebLinkAboutReso 1999-19469 RESOLUTION NO. 19469 AGENCY RESOLUTION NO. HA-09c RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING THE EXECUTION AND DELIVERY OF A HOUSING COOPERATION AGREEMENT RELATED TO THE VILLA SERENA PROJECT WHEREAS, the City Council adopted Resolution 19377 granting Conditional Use Permit No. PCC 99-25 for a 132 unit affordable senior apartment complex within the Sunbow II planned community known as "Villa Serena" and allowing a 69 percent density bonus increase and additional incentives pursuant to California Government Code Section 65915; and WHEREAS, to facilitate the financing and construction of the Villa Serena apartments by Serena Sunbow, L.P. (the "Developer"), the City Council granted a 69 percent density increase and additional incentives in exchange for a commitment of sixty-four units of the development for occupancy by very low and low income seniors for a period of 52 years; and WHEREAS, as a condition of the Conditional Use Permit and the approval of the density bonus and additional incentives granted, the Developer is to enter into a written agreement with the City of Chula Vista specifying the tenancy requirements and terms of commitment for the density bonus and additional incentives; and WHEREAS, the proposed form for such written agreement, the Housing Cooperation Agreement, has been presented at the meeting at which this resolution is being adopted; and NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby approve the Housing Cooperation Agreement related to the Villa Serena project, a copy of which is on file in the office of the City Clerk. BE IT FURTHER RESOLVED that each of the Mayor of the City of Chula Vista and the City Manager, or his written designee is hereby authorized and directed, for and in the name and on behalf of the City, to execute and deliver the Housing Cooperation Agreement in substantially the form presented, with such additions thereto or changes therein as are recommended or approved by the City Manager or City Attorney and approved by the officer or officers executing the agreement, with the approval of such officer or officers to be evidenced conclusively by the execution and delivery of such agreements. Presented by Approved as to form by Chris Salomone J M. Kaheny Community Development Director ' Resolution 19469 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 18~h day of May, 1999, by the following vote: AYES: Councilmembers: Davis, Moot, Padilia, Salas and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Shir~ayor~O~ ATTEST: u~an 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. 19469 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 18'h day of May, 1999. Executed this 18'h day of May, 1999. Susan Bigelow, City Clerk