HomeMy WebLinkAboutPCM 2012-39 RE,SOLUIION NO PCM 12-39
RESOLUTION OF IHE PLANNING COMMISSION OF IHE, CIIY OF
CHULA VISTA RECOMMENDING A WAIVER OF THE
RESIDENTIAL CONSIRUCTION 'TAX FOR ANY LOW OR
MODERATE. INCOME UNIIS PROVIDE'.D AT THE LAKE POINTS
DEVELOPMENT
WHEREAS, in 1981 the City adopted the Balanced Communities
("Inclusionary") Policy of the Housing Element of the General Plan, which continues to
be implemented through the Housing Flement, currently Policy 5.1 1 of the 2005-2010
Housing Element; and
WHEREAS, the goal of the Policy is to increase the diversity of housing
prices/rents throughout the community and ensure that the range of prices/rents continues
over time by requiring all residential development of 50 units or more provide ten percent
(10%) as affordable to low and moderate income households (known as an "Affordable
Housing Obligation"); and
WHEREAS, the Lake Pointe Developer has proposed to enter into an "Agreement
to Post Security for Affordable Housing Obligation" to secure the satisfaction of their
Affordable Housing Obligation"; and
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WHEREAS, the Developer has requested assistance to reduce the development
costs for the construction of any low and moderate income residential units built within I
the Lake Pointe development in order to make the Project feasible; and
WHEREAS, in accordance with Chula Vista Municipal Code §3.32.050, the
Planning Commission may recommend that the City Council waive all or a portion of the
Residential Construction Tax for any dwelling-unit types constructed which would serve
as housing for low and moderate income families
NOW, IHEREFORE, BE IT RESOLVED IHAI IHE PLANNING COMISSION OF
T'HE CITY OF CHULA VISTA recommends that the City Council waive the Residential
Construction Tax for any units that will serve low and moderate income families built
within the Lake Pointe development
BE II FURIHER RESOLVED BY IHE PLANNING COMMISSION OF THE CIIY
OF CHULA VISTA IHAI a copy of this Resolution and the drafr City Council ~i
Resolution and Ordinance be transmitted to the City Council,
PASSED AND APPROVED BY IHF, PLANNING COMMISSION OF THE CIiY OF
CHULA VISiA, CALIFORNIA, this 12th day of September, 2012, by the following
vote, to-wit:
AYES: Spethman, Calvo, Moctezuma, Vinson
NOES: Anaya, Liuag
ABSENT:
ABSTAIN:
Attest:
z
Diana Vargas ~ Yfae `Spethman, Chain
Secretary to the Planning o fission Planning Commission
Presented by:
I
Gar, a e t, , AICP G1e
R oogins
Asst, Ci y anager/Development Services Director /~~~ity Attorney
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