HomeMy WebLinkAboutReso 2020-249RESOLUTION NO. 2020-249
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING A DECLARATION OF
COVENANTS, CONDITIONS, AND RESTRICTIONS AND
DEED OF TRUST BY AND BETWEEN THE CITY OF CHULA
VISTA AND OTAY RANCH AFFORDABLE I V8, LP TO
PROVIDE 175 RESIDENTIAL UNITS IN OTAY RANCH
VILLAGE 8 WEST TO BE OPERATED AS AFFORDABLE
RENTAL HOUSING FOR VERY-LOW AND LOW-INCOME
HOUSEHOLDS IN SATISFACTION OF THE CITY’S
BALANCED COMMUNITIES POLICY
WHEREAS, the City of Chula Vista Housing Element established the City’s “Balanced
Communities Affordable Housing Policy” (Balanced Communities Policy) which requires 10% of
each housing development of 50 or more units to be affordable to low- and moderate-income
households, with at least one half of those units (5 percent of project total units) being designated
for low-income households (the “Affordable Housing Obligation”); and
WHEREAS, on August 8, 2020, the City approved the Otay Ranch Village 8 West
Affordable Housing Agreement for Otay Village 8 West by and between the City of Chula Vista
and HomeFed Village 8, LLC and Otay Ranch Land Company, LLC in satisfaction of the City’s
Balanced Communities Policy; and
WHEREAS, Meta Housing Corporation or its affiliate (META) intends to construct and
operate an affordable housing project within Village 8 West consisting of 175 total affordable
units, with 53 and 120 units for very low- and low-income households, respectively, and 2-exempt
units for on-site maintenance/property management staff, in partial satisfaction of the Village 8
West Affordable Housing Obligation; and
WHEREAS, consistent with the Balanced Communities Policy, upon applying the
allowable incentive credit to those 53 very low-income units proposed by META, available credits
generated are 6 low-income credits and 82 moderate-income credits, thereby, satisfying the 181
low-income units of the Village 8 West Affordable Housing Obligation with 68 moderate-income
units remaining; and
WHEREAS, it is the Property Owner’s intent to enter into and record Deed of Trust and a
Declaration of Covenants, Conditions, and Restrictions to provide 175 affordable residential units
(2-exempt units) within the Project to be operated as affordable housing for very-low and low-
income households (The “Affordable Units”) to partially satisfy Village 8 West’s low and
moderate income housing requirement as set forth in that Affordable Housing Agreement recorded
at the County of San Diego’s Recorder’s Office and filed as Document Number 2020-0776213;
and
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Resolution No. 2020-249
Page No. 2
WHEREAS, the Director of Development Services has reviewed the proposed activity for
compliance with the California Environmental Quality Act (CEQA) and has determined that the
activity was adequately covered in previously adopted/certified Final Environmental Impact
Report for the Otay Ranch SPA Plan-Village 8 West (FEIR 10-03, as amended (IS19-0002).
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista,
that it hereby approves the execution and recordation of a Deed of Trust and Declaration of
Covenants, Conditions, and Restrictions to provide 175 residential units within the Project to be
operated as affordable rental housing for very-low and low-income households (with 2 units
exempt for on-site maintenance/property management staff) in satisfaction of the balance of Otay
Ranch Village 8 West’s Owner’s low and moderate-income housing requirement, in substantially
the form presented to the City, and make such modification, changes, or additions, to the
Declaration, as may be required or approved by the Office of the City Attorney, a copy of which
shall be kept on file in the Office of the City Clerk and authorizes and directs the City Manager to
execute same.
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Resolution No. 2020-249
Page No. 3
Presented by Approved as to form by
Tiffany Allen Glen R. Googins
Director of Development Services City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 3rd day of November 2020 by the following vote:
AYES: Councilmembers: Diaz, Galvez, McCann, Padilla, and Casillas Salas
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
Mary Casillas Salas, Mayor
ATTEST:
Kerry K. Bigelow, MMC, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2020-249 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 3rd day of November 2020.
Executed this 3rd day of November 2020.
Kerry K. Bigelow, MMC, City Clerk
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