HomeMy WebLinkAboutReso 1991-16141 RESOLUTION NO. 16141
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA
APPROVING ADDITIONAL RESIDENTIAL CONSTRUCTION TAX (RCT)
CREDITS FOR DISCOVERY PARK IMPROVEMENTS
The City Council of the City of Chula Vista does hereby resolve as
follows:
WHEREAS, the Rancho del Rey SPA I Plan, approved by the Council on
December 15, 1987, included conceptual plans for the development of a turn key
community park; and
WHEREAS, in the approved SPA plan, the developer was responsible for
preparing the park master plan; grading the site; installing the parking lot,
play area, turf, landscaping, irrigation, fine art feature, two lighted
softball fields, the soccer field and staging area and although not part of
the SPA plan, the developer designed and constructed a restroom facility; and
WHEREAS, in return for the design and development of this park, the City
Council approved a waiver of all Park and Acquisition and Development (PAD)
fees, estimated at $600,000, and Residential Construction Tax (RCT) credit in
the amount of $358,000 for development of the parking lot and two lighted
softball fields/soccer fields; and
WHEREAS, on March 16, 1991, Discovery Park was officially dedicated to
the community and Rancho del Rey Partnership has submitted a request for
additional RCT credit beyond the $438,000 previously approved by Council
Resolution 13749; and
WHEREAS, the actual credit to be given for the improvement area was to be
based on the actual construction cost as per agreement approved by Council on
January 19, 1989, Resolution #13917; and
WHEREAS, the original RCT credits requested by the developer was
$689,457, which included the cost of the comfort station, however,
negotiations between staff and the developer on the improvement items further
reduce the eligible RCT credits to $552,124.41.
Resolution No. 16141
Page 2
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula
Vista does hereby approve an additional $114,124.21 in Residential
Construction Tax {RCT) credit for Discovery Park improvements.
Presented by Approved as to form by
~" Bruce M. Boogaard /
Resolution No. 16141
Page 3
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula
Vista, California, this 23rd day of April, 1991 by the following vote:
AYES: Councilmembers: Malcolm, Moore, Nader, Rindone
NOES: Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: None
Leonard M. Moore~_
Mayor, Pro-Tempore
ATTEST:
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. 16141 was duly passed,
approved, and adopted by the City Council held on the 23rd day of April, lggl.
Executed this 23rd day of April, 1991.
Beverly AY Authelet, City Clerk