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HomeMy WebLinkAboutReso 2004-201 RESOLUTION NO. 2004-201 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE AFFORDABLE HOUSING REGULATORY AGREEMENT RELATED TO SAN MIGUEL RANCH BETWEEN THE CITY AND TRIMARK PACIFIC-MAR BRISA, LLC, AND AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENT WHEREAS, on August 7, 2001, the City and NNP-Trimark San Miguel Ranch, LLC ("Developer") executed an Affordable Housing Agreement for San Miguel Ranch. The Affordable Housing Agreement stated that pursuant to the City of Chula Vista Housing Element and the establishment of the City's "Affordable Housing Policy", the Developer is required to provide 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% of project total units) being designated for low-income households; and WHEREAS, under the City's Balanced Communities Policy of the Housing Element, the Developer has an obligation to provide 10 percent of those new residential housing units within the project as affordable to low and moderate-income families (5% low and 5% moderate); and WHEREAS, based on units constructed, final maps and tentative maps for San Miguel Ranch to date, a total of 1,394 residential housing units are anticipated. Therefore, the Developer has an obligation to provide 70 units affordable to low-income households and 70 affordable to moderate-income households within the project; and WHEREAS, Developer has provided 25 moderate-income units within the existing San Miguel Ranch Community; and WHEREAS, in October 2002, the Developer confirmed that Neighborhood "A" would be the site for the remaining affordable housing. The site allows for a maximum of 129 units. The builder is proposing a 120 unit for sale project, which would provide 70 low-income affordable units, 45 moderate-income units and 5 market rate units; and WHEREAS, TriMark Pacific-Mar Brisa LLC 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 Environmental Impact Report (EIR) for the San Miguel Ranch General Development Plan (GDP) and Sectional Planning Area (SPA) Plan, therefore, no additional action is required under California Environmental Quality Act (CEQA). NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Chula Vista that this City Council does hereby approve, in the form presented, the Affordable Housing Regulatory Agreement related to San Miguel Ranch, a copy of which shall be kept on file in the Office of the City Clerk. Resolution 2004-201 Page 2 BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby authorized to execute said Affordable Housing Regulatory Agreement with TriMark Pacific-Mar Brisa, LLC for and on behalf of the City ofChula Vista. Presented by Approved as to form by &-~ Ann Moore City Attorney 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 ÆÇ1?i£ ~~~ Susan Bigelow, CMC, City C k 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. 2004-201 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. ~ð \ -::.~11í ~) Susan Bigelow, CMC, City rk