HomeMy WebLinkAboutReso 1985-12134 RESOLUTION NO. 12134
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING A DENSITY BONUS FOR
HOUSING PROJECT PROVIDING LOW AND MODERATE
INCOME HOUSING BY STARBOARD INVESTMENT COMPANY
AND APPROVING A HOUSING COOPERATION AGREEMENT
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, Starboard Investment Company has applied for a
density bonus from 44 to 53 units under Government Code Section
65915, and
WHEREAS, nine of the predensity bonus units will be
affordable to low income households, and
WHEREAS, the set aside units will be reserved for rental
occupancy for a minimum of twenty (20) years.
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of Chula Vista does hereby approve the density bonus of
nine units over the allowed density for the property at 54-66
Fourth Avenue owned by Starboard Investment Company.
BE IT FURTHER RESOLVED that the City Council of the City
of Chula Vista does hereby approve the Housing Cooperation
Agreement with Starboard Investment Company and authorizes the
Mayor to sign on behalf of the City.
Approved~ as to form by
~-~u~ ~. ~es~c~,~rs ~/~nomas J~rr
, Community on, City Attorney
Development Director
0460a
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
HULA VISTA, CALIFORNIA, this 13th day 0f August
~. 85
· , by the following vote, to-wit:
C' McCandliss, Scott, Moore, Cox
YES: ounci 1 memberS
AYES: Councilmembers . None
BSTAIN: Councilmembers None
3SENT: Council members Malcolm
Mayor c~ th~J Ci~ty of Chula Vista
-- City C'lerk-J
ATE OF CALIFORNIA )
)UNTY OF SAN DIEGO ) ss.
ry OF CHULA VISTA )
I, JENNIE M, FULASZ, CMC, CITY CLERK of the City of Chula Vista, California,
HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO, 12134
,and that the same has not been amended or repealed.
FED.
(seal) City Clerk
660