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HomeMy WebLinkAboutReso 2024-060 RESOLUTION NO. 2024-060 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA WAIVING PARKLANDIN-LIEU FEES FOR A 100 PERCENT AFFORDABLESENIOR HOUSING PROJECT LOCATED AT 178 THIRD AVENUEKNOWN AS CHULA VISTA SENIORS WHEREAS,the high cost of constructing affordable housing is a challenge for developers, lenders,and investors; and WHEREAS, the City of Chula Vista needsaffordable housing units and currently does not have many affordable housing units strictly available for seniors(55 years and older); and WHEREAS,Interfaith Development Corporationis developing 57affordable senior housing units and one manager unit at 178 Third Avenuebutneeds a waiver of certain City development fees and taxes to enhance Project feasibility; and WHEREAS, the Project willresult inapublic benefit by providing newhousing and on- site amenities for seniors that will be 100% deed-restricted for seniors age 55 and older for a term of55 years,where all units will be rented to seniors with low, very low, and extremely low incomes,with a preliminary plan consisting of 40dwelling units restricted to low-income households,11units restricted to very low-incomehouseholdsor persons, and 6units restricted to extremelylow-incomehouseholdsor persons;and WHEREAS, the Chula Vista Municipal Code (CVMC)Section17.10.070(B) provides for the waiver,by resolution of the City Council,of all or any portion of parksimprovements or in-lieu fee requirements for parks, in the interest of stimulating the construction of much-needed housing for low-and moderate-income familiesor persons;and WHEREAS, senior housing developments, such as the Project,are not typically heavy users of parks and other infrastructure constructed with city-requiredin-lieu park fees; and WHEREAS, thewaiveroftheParklandAcquisition Fee in the amount of $215,006and ParklandDevelopment Fee in the amount of $410,408, for a total of $625,414,provides much- neededfinancial assistance to the Projectto facilitate the construction of57 unitsof 100% affordable senior housing unitsin downtown Chula Vista; and WHEREAS,City staff recommends approval of the requested waivers of the Parkland Acquisition FeeandParklandDevelopment Fee forthe Project; and WHEREAS,theCity Clerkset the time and place forconsideration before the City Council for the requestedfee waivers for the Project, and notice of the consideration of the request, together with its purpose, was properly provided consistent with State law and City Codes; and Resolution No. 2024-060 Page No.2 WHEREAS,the Chula Vista City Councilhas reviewed and considered all materials for the requested in-lieu parklandfee waiver for the Project; and WHEREAS,thematter was consideredat thetime and place as advertised in the Council Chambers, 276 Fourth Avenue, before the Chula Vista City Council. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it approves the waiver ofthe ParklandAcquisition Feeinthe amount of $215,006andParkland Development Fee in the amount of $410,408for a total fee waiver of $625,414, for the Projectto facilitate the construction of needed affordable senior housing units in downtown Chula Vista. \[SIGNATURESON THE FOLLOWING PAGE\] Resolution No. 2024-060 Page No.3 Presented byApproved as to form by Laura C. Black, AICPMarco A. Verdugo Director of Development ServicesCity Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 9th day of April 2024 by the following vote: AYES:Councilmembers: Chavez, Gonzalez, Morineau, Preciado, and McCann NAYS:Councilmembers:None ABSENT:Councilmembers:None John McCann, 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. 2024-060 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 9th day of April 2024. Executed this 9th day of April 2024. Kerry K. Bigelow, MMC, City Clerk