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HomeMy WebLinkAboutReso 2003-065RESOLUTION NO. 2003-065 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AFFORDABLE HOUSING AGREEMENT RELATED TO OTAY RANCH VILLAGE 11 BETWEEN THE CITY AND BROOKFIELD SHEA OTAY, LLC AND AUTHORIZING THE MAYOR TO EXECUTE THE AGREEIVlENT WHEREAS, Program 3.1 of the City's Housing Element strives for a balanced residential community through the integration of low income housing through out the City and requires that a minimum of ten percent of a new residential development of fifty (50) units or more be made available and affordable to both low and moderate iricome households, with at least one half of those units for low income households; and WHEREAS, a condition of approval for the Otay Ranch Village 11 Tentative Subdivision Map Chula Vista Tract 01-11 required Brookfield Shea Otay, LLC (the "Developer") to enter into an agreement with the City of Chula Vista to guarantee the construction-and delivery of housing units affordable to low and moderate income households prior to recordation of Otay Ranch Village 11 first final map; and WHEREAS, to comply with this condition, the City has prepared an Affordable Housing Agreement for the Otay Ranch Village 11 Planned Community for City Council's consideration and approval; and WHEREAS, this agreement implements affordable housing requirements and impacts previously analyzed in the certified Environmental Impact Report (EIR) for the Otay Ranch Village 11 General Development Plan (GDP) and Sectional Planning Area (SPA) Plan, therefore, no additional action is required under California Environmental Quality Act (CEQA). NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Chula Vista that this City Council does hereby approve in the form presented an Affordable Housing Agreement related Otay Ranch Village 11, a copy of which shall be kept on file in the Office of the City Clerk. 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 Community Development Director John M. Kaheny City Attorney Resolution 2003-065 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 18th day of February, 2003, by the following vote: Councilmembers: Davis, Rindone, Salas, McCann and Padilla NAYS: Councilmembers: None ATTEST: ABSENT: Councilmembers: None Susan Bigelow, City Clerl~ STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2003-065 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 18th day of February, 2003. Executed this 18th day of February, 2003. Susan Bigelow, City Clerk