HomeMy WebLinkAboutReso 1999-19474 RESOLUTION NO. 19474
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROVING A DEFERRAL AGREEMENT WITH SHEA
HOMES AND OTAY PROJECT LLC CONCERNING THE
DEVELOPMENT OF CERTAIN LOTS IN NEIGHBORHOODS R-7
AND R-10 OF OTAY RANCH SPA ONE, VILLAGE ONE AND
AUTHORIZING THE MAYOR TO EXECUTE SAID AGREEMENT
WHEREAS, Shea Homes and Otay Project LLC are requesting the City Council to
approve a deferral agreement applied to 155 lots within the two final maps; and
WHEREAS, the deferral is required for the Otay Ranch Project to remain within the
improvement phasing requirements of the Public Facilities Finance Plan.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista
does hereby approve a Deferral Agreement with Shea Homes and Otay Project LLC concerning
the development of certain lots in Neighborhoods R-7 and R-10 of Otay Ranch SPA One,
Village One, a copy of which shall be kept on file in the office of the City Clerk.
BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista 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
· I
Resolution 19474
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 25th day of May, 1999, by the following vote:
AYES: Councilmembers: Davis, Moot, Padilia and Salas
NAYS: Councilmembers: None
ABSENT: Councilmembers: Horton
ABSTAIN: Councilmembers: None
Mary Sal~s~eputy Mayor
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. 19474 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 25th day of May, 1999.
Executed this 25th day of May, 1999.
Susan Bigelow, City Clerk