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HomeMy WebLinkAboutReso 1997-18703 RESOLUTION NO. 18703 RESOLUTION OF THE CITY COUNCIL OF THE CiTY OF CHULA VISTA APPROVING AN AFFORDABLE HOUSING AGREEMENT RELATED TO SALT CREEK RANCH AND AUTHORIZING THE MAYOR TO SIGN THE AGREEMENT WHEREAS, one condition of approval for the Tentative Subdivision Map required that the developer enter into an agreement with the City to guarantee the construction and delivery of low and moderate income units in a timely manner; and WHEREAS, to comply with this condition, the applicant, Pacific Bay Homes, has prepared an Affordable Housing Agreement for the Salt Creek Ranch Planned Community for Council's consideration and approval. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby approve an Affordable Housing Agreement related to Salt Creek, a copy of which is on file in the office of the City Clerk as Document No. CO97-076. 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 opmentDirecterit At ,'or%h ny Resolution 18703 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 17th day of June, 1997, by the following vote: AYES: Councilmembers: Moot, Padilia, Rindone, Salas, and Horton NAYES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Sh~Mayor ' ATTEST: ~Authelet, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 18703 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 17th day of June, 1997. Executed this 17th day of June, 1997 ~thelet, City Clerk