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HomeMy WebLinkAboutReso 2004-198 RESOLUTION NO. 2004-198 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE AFFORDABLE HOUSING REGULATORY AGREEMENT RELATED TO ROLLING HILLS RANCH BETWEEN THE CITY AND SHEA HOMES AND AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENT WHEREAS, on June 17, 1997, the City of Chula Vista and Pacific Bay Properties ("Pacific Bay") executed an Affordable Housing Agreement as Document No. 1997-0400741 (the "1997 Affordable Housing Agreement") as recorded by the San Diego County Recorder's Office for the real property then known as Salt Creek Ranch for purposes of further implementing the Developer's affordable housing obligation under the City's Balanced Communities Policy of the Housing Element of the General Plan. The property is now commonly known as Rolling Hills Ranch; and WHEREAS, to satisfY the low-income housing requirements of the 1997 Affordable Housing Agreement, the City and Pacific Bay entered into two project specific affordable housing agreements. The first agreement, recorded April 17, 2000 as File No. 2000-0194442 of Official Records ("First Agreement"), pertained to a 116-unit low-income senior apartment complex, which has since been constructed and occupied and is now known as Rolling Hills Garden. The second agreement, recorded June 13, 2001 as File No. 2001-0397488 of Official Records pertained to a 168-unit apartment complex for Neighborhood 4A, of which 32 units would be designated as affordable to low-income households. The I 68-unit apartment complex was not constructed; and WHEREAS, compliance with both the first and second agreement is necessary to satisfY the low-income housing obligations of the project under the 1997 Affordable Housing Agreement; and WHEREAS, based on units constructed, final maps and tentative maps for Rolling Hills Ranch to date, a total of 2,352 residential housing units are anticipated, and therefore, the Developer has an obligation to provide 118 units affordable to low-income households and 118 affordable to moderate-income households; and WHEREAS, to date, the Developer has constructed 86 units affordable to low-income households and 118 units affordable to moderate-income households. Therefore, the remaining affordable housing obligation is 32 units affordable to low-income households; and WHEREAS, on October 21, 2003, the City Council approved the Developer's request to amend and restate the Second Affordable Housing Agreement to provide the Developer with the flexibility of developing the site with a for-sale or rental development and adjusting the timing requirements for the provision of these units; and WHEREAS, Shea Homes desires to satisfy the affordable housing obligation through a for-sale project, the details of which are contained within the Affordable Housing Regulatory Agreement; and WHEREAS, this Affordable Housing Regulatory Agreement implements affordable housing requirements and impacts previously analyzed in the certified Enivornmental Impact Resolution 2004-198 Page 2 Report (EIR) for the Salt Creek Ranch General Development Plan (GDP) and Sectional Planning Area (SPA) Plan, therefore, no additional action is required under the California Environmental Quality Act. NOW THEREFORE, BE IT RESOLVED, by the City Council ofthe City ofChula Vista that this City Council does hereby approve in the form presented the Affordable Housing Regulatory Agreement related to Rolling Hills Ranch, 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 to execute said Affordable Housing Regulatory Agreement with Shea Homes for and on behalf of the City of Chula Vista. Presented by Approved as to form by ~~ Ann Moore City Attorney Resolution 2004-198 Page 3 PASSED, APPROVED, and ADOPTED by the City Council of the City ofChula Vista, California, this 15th day of June, 2004, by the following vote: AYES: Councilmembers: NAYS: Councilmembers: ABSENT: Councilmembers: Davis, McCann, Rindone, and Padilla None ATTEST: Salas ~/L ~ tU.. ~Jp-" Susan Bigelow, CMC, City C erk 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. 2004-198 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 15th day of June, 2004. Executed this 15th day of June, 2004. ~LÀ~rc~ Susan Bigelow, CMC, Cit Clerk