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HomeMy WebLinkAboutReso 1997-18662 RESOLUTION NO. 18662 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AFFORDABLE HOUSING AGREEMENT RELATED TO SUNBOW II 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 the above mentioned condition, the applicant, A.C.I. Sunbow LLC, has prepared an Affordable Housing Agreement for the Sunbow II 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 Sunbow II, a copy of which is on file in the office of the City Clerk as Document No. CO97-048. 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 Resolution 18662 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 13th day of May, 1997, by the following vote: AYES: Councilmembers: Moot, Padilia, Rindone, and Hotton NAYES: Councilmembers: None ABSENT: Councilmembers: Salas ABSTAIN: Councilmembers: None S~Horton, Mayor ATTEST: Bev~Au~helet, 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. 18662 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 13th day of May, 1997· Executed this 13th day of May, 1997· Beverly ~A~Authelet, City Clerk 'T I I