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HomeMy WebLinkAboutReso 2004-297 RESOLUTION NO. 2004-297 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE FIRST AMENDMENT TO AN AGREEMENT WITH THE EASTLAKE COMPANY, LLC REGARDING EASTLAKE VILLAGE CENTER NORTH WHEREAS, the City entered into the Village Center North Improvement Agreement (re-stated in July, 2003); and WHEREAS, the Village Center North Improvement Agreement maintained and carried forward the 933 Eqµivalent Dwelling Units (EDU) of Transportation Development Impact Fee (TDIF) credit available to this parcel; arid WHEREAS, the agreement states that the credit may be used for those projects contemplated with the project approvals in 2002; and WHEREAS, the southerly portion of the property has subsequently been developed as retail commercial consistent with the 2002 project approvals; and WHEREAS, Sudberry Properties is currently processing an application for a General Plan change for a portion of the northern 16 acres of the property to allow a departure from the currently approved employment center land use to a mix of employment and commercial uses; and WHEREAS, the EastLake Company, on behalf of the applicant, has requested that the City allow it to use the available TDIF EDU credits for the updated, proposed use; and WHEREAS, this amendment is consistent with City goals in both encouraging commercial development and streamlining the permitting process. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby approve the first amendment to an agreement with the EastLake Company LLC regarding Eastlake Village Center North, 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 amendment on behalf of the City of Chula Vista. Presented by Approved as to form by (À~ Ann Moore City Attorney Resolution 2004-297 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City ofChula Vista, California, this 14th day of September, 2004, by the following vote: AYES: Councilmembers: Davis, McCann, Rindone, Salas and Padilla NAYS: Councilmembers: None ABSENT: Councilmembers: None ATTEST: ~ itl I Ó 1 ~ ~iJ .n. ./ Susan Bigelow, MMC, City 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. 2004-297 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 14th day of September, 2004. Executed this 14th day of September, 2004. -;~.J J ¿('Á__" --:::<'~ d;r"J .-/ Susan Bigelow, MMC, City Cl k