HomeMy WebLinkAboutReso 1997-18648 RESOLUTION NO. 18648
(Agency Resolution 1538)
JOINT RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA
APPROVING A SECOND AMENDMENT TO THE EXISTING
AGREEMENT BETWEEN PACIFIC BAY HOMES AND THE CITY
OF CHULA VISTA TO PROVIDE LOW AND MODERATE INCOME
HOUSING AND TRANSFER THE UNUSED PORTION OF THE PER
UNIT SUBSIDY FOR USE IN SALT CREEK RANCH FOR
DEVELOPMENT AND PROCESSING FEES FOR CONSTRUCTION
OF AFFORDABLE HOUSING UNITS
WHEREAS, on September 12, 1989 the City Council approved Resolution 15299,
detailing the tentative map requirements for the subdivision of Salt Creek I; and
WHEREAS, Condition No. 11 of the tentative map required Applicant to reach an
agreement with the City to devote at least 10 percent of the project units to low and
moderate income housing; and
WHEREAS, on May 14, 1991, the City and Applicant entered into a Supplemental
Subdivision Improvement Agreement known as Document No. CO91-081 which shifted the
'[ burden of Condition No. 11, as it applies to Chula Vista Tract 89-9, units 1, 2, and 3 to the
, remainder of Salt Creek I; and
WHEREAS, City and Applicant entered into a First Amendment to the Supplemental
Subdivision Improvement Agreement regarding Condition No. 11 on December 17, 1991
which further shifted the burden on Condition No. 11 as it applies to Chula Vista Tract 89-9,
Unit 4, to the remainder of Salt Creek I ("Condominium Housing Area") and set forth that the
applicants obligation is to provide 2.5 percent of the total project units as Low Income and
7.5 percent of the total project units as Moderate Income Housing units; and
WHEREAS, the City and Applicant entered into an agreement to provide Low and
Moderate Income Housing within Salt Creek I, know as Document No. CO92-026, a copy of
which is on file in the office of the City Clerk which was previously amended on June 30,
1992; and
WHEREAS, the parties desire to amend such agreement in order to reflect Applicant's
satisfaction of its Salt Creek I affordable housing requirements and the transfer of remaining
affordable housing funds to the Salt Creek Ranch project to assist in the development of
affordable housing.
NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does
hereby find, order, determine, resolve, to approve the terms and conditions of a second
amendment to the existing agreement between Pacific Bay Homes and the City of Chula Vista
to provide Low and Moderate income Housing in the Salt Creek I development as set forth in
'l
I the second amendment, known as Document Number CO97-043, a copy of which is on file
' in the Office of the City Clerk.
Resolution 18648
Page 2
BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby
authorized to execute said amendment to the agreement on behalf of the City of Chula Vista.
Presented by Approved as to form by
Chris
Salomone J? . Kaheny
Community Development Director C y
Resolution 18648
Page 3
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 6th day of May, 1997, by the following vote:
AYES: Councilmembers: Moot, Padilia, Rindone, Salas, and Horton
NAYES: Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: None
Shirley Horton, Mayor
ATTEST:
· Authelet, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
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. 18648 was duly passed, approved, and adopted by the City
Council at a regular meeting of the Chula Vista City Council held on the 6th day of May,
1997.
Executed this 6th day of May, 1997.
~Authelet, City Clerk ~