HomeMy WebLinkAboutReso 2003-388RESOLUTION NO. 2003-388
(AOENCY RESOLUTION NO. 1841)
RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA APPROVING AN OWNER PARTICIPATION
AGREEMENT WITH ADA TERRACE, INCORPORATED FOR
THE DEVELOPMENT OF A 14-UNIT TOWN HOME PROJECT
AT 774 ADA STREET WITHIN THE SOUTHWEST
REDEVELOPMENT PROJECT AREA
WHEREAS, Terrace Development Incorporated has presented development plans for the
construction of a 14-unit town home project within two triplex and four duplex buildings, and
required parking, landscaping and driveways; and
WHEREAS, the site is located on a .96-acre parcel on 774 Ada Street, in the Southwest
Redevelopment Project Area under the jurisdiction and control of the Redevelopment Agency of
the City of Chuia Vista, which is shown in the locator map attached to the Owner Participation
Agreement and incorporated herein by reference; and
WHEREAS, Terrace Development Incorporated is proposing the demolition of an
existing 2-bedroom unit on the project site; and
WHEREAS, pursuant to Section 33413(a) of the California Health and Safety Code, the
demolition of the 2-bedroom unit that currently provides housing for a lower income household,
will require the replacement of this residential unit with a comparable unit at an affordable
housing cost for lower income households; and
WHEREAS, pursuant to Section 334130o), Agency must ensure that at least 15 percent of
all new and substantially rehabilitated dwelling units developed within a project area under the
jurisdiction of the Agency by private or public entities other than the Agency shall be available at
an affordable housing cost to persons or families of low or moderate-income, and that not less
than 40 percent of the dwelling units required to be available at an affordable housing cost shall
be available at an affordable housing cost to very low income households; and
WHEREAS, based on the number of residential units to be created by the project,
Agency must ensure the provision of a total of two new residential units at an affordable housing
cost to low or moderate-income households, and one unit that will be required to be affordable to
a very low-income household; and
WHEREAS, to ensure the provision of the one replacement unit and two new affordable
units to lower or moderate income households, Agency has entered into a Loan Agreement and
Related Restricted Covenants and Affordable Housing Agreement with the property owner of St.
Regis Park, a 118 dwelling unit development located at 1025 Broadway in the City of Chula
Vista; and
WHEREAS, Agency made a loan to St. Regis Park on the condition that the property
owner agree to develop and operate the property in accordance with the requirements of the
Agency Loan Agreement and Housing Agreement, restricting occupancy of 58 apartment units
to very low and lower-income households, and 60 apaJhnent units to moderate income
households; and
Resolution 2003-388
Page 2
WHEREAS, the execution of the Loan Agreement along with Affordable Housing
Agreement for the development and operation of St. Regis Park satisfies the replacement and
affordable housing obligations of Ada Terrace, Incorporated pursuant to Sections 33413(a) and
33413(b) of the California Health and Safety Code; and
WHEREAS, pursuant to compliance with the California Environmental Quality Act, the
Environmental Review Coordinator has reviewed the proposed project for compliance with the
California Environmental Quality Act (CEQA), and has determined that the project qualifies for
a categorical exemption pursuant to Section 15332, Class 32 [exemption for infill
developments]; thus, no further environmental review is necessary; and
WHEREAS, on June 2, 2003, the City Design Review Committee approved the design of
the project subject to the conditions set forth in Exhibit B of the Owner Participation Agreement
for this project; and
WHEREAS, on June 25, 2003, the City Planning Commission recommended approval of
the project subject to the conditions set forth in Exhibit B of the Owner Participation Agreement
for this project; and
WHEREAS, the City Design Review Committee and the City Planning Commission
determined that the 14-unit town home project was characterized by "outstanding planning or
urban design" principles.
NOW, THEREFORE, BE IT RESOLVED THAT THE REDEVELOPMENT AGENCY
OF THE CITY OF CHULA VISTA does hereby find, order, determine and resolve as follows:
1. The project is consistent with the City of Chula Vista General Plan, and the
Southwest Redevelopment Plan and Implementation Plan.
2. The execution of the Loan Agreement along with Affordable Housing Agreement
for the development and operation of St. Regis Park at 1025 Broadway in the City of
Chula Vista satisfies the replacement and affordable housing obligations of Ada Terrace,
Incorporated pursuant to Sections 33413(a) and 33413Co) of the California Health and
Safety Code.
3. The project will be beneficial for the City of Chula Vista, because it will
redevelop an underutilized parcel to a higher and better use, assist in the elimination of
blight, and provide market rate housing to this area of the City.
4. The Redevelopment Agency of the City of Chula Vista hereby approves an
Owner Participation Agreement with Ada Terrace Incorporated to construct a 14-unit
town home project within two triplex and four duplex buildings, and required parking,
landscaping and driveways in the Southwest Redevelopment Project Area, as depicted in
Exhibit A and subject to the conditions set forth in Exhibit B that was granted for this
project; and
5. The Chairman of the Redevelopment Agency is hereby authorized to execute the
subject Owner Participation Agreement between the Redevelopment Agency and Ada
Terrace, Incorporated.
6. The Secretary of the Redevelopment Agency is authorized to record said Owner
Participation Agreement in the Office of the County Recorder of San Diego, California.
Resolution 2003-388
Page 3
Presented by
Approved as to form by
Co~hmunity Development D~rector
Ann Moore
City Attorney and Agency Counsel
PASSED, APPROVED, and ADOPTED by the City Council and the Redevelopment
Agency of the City of Chula Vista, California, this 26th day of August 2003, by the following
vote:
AYES:
Agency/Councilmembers: Davis, McCann, Rindone, Salas and Padilla
NAYS: Agency/Councilmembers: None
ABSENT: Agency/Councilmembers: None
ATTEST:
Susan Bigelow, CMC, City Clerk
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 City
Council Resolution No. 2003-388/Redevelopment Agency Resolution No. 1841 was duly
passed, approved, and adopted by the City Council and Redevelopment Agency at a regular
meeting held on the 26th day of August, 2003.
Executed this 26th day of August, 2003.
Susan Bigelow, CMC, City Clerk