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HomeMy WebLinkAboutReso 2008-233 RESOLUTION NO. 2008-233 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE FISCAL YEAR 2008/2009 OTAY RANCH VILLAGE 2 NEIGHBORHOOD PARK BUDGET, AND APPROPRIATING $1,193,670 FROM THE A V AILABLE PARK ACQUISITION AND DEVELOPMENT FUND BALANCE TO REIMBURSE OT A Y PROJECT, L.P. WHEREAS, in fiscal year 2007/2008, Otay Project, L.P paid $1,193,670 to the Otay Ranch Village 2 Neighborhoods Park Fund to satisfy Tentative Map Condition No. 95 for Village 2 North Unit I (deposited on September 10,2007); and WHEREAS, Tentative Map Condition No. 95 states that prior to approval of each Final "B" Map, or prior to issuance of building permits for residential units not requiring the filing of a Final "B" Map, the Applicant shall pay all applicable parkland acquisition and development fees in accordance with Chula Vista Municipal Code Chapter 17.10; and WHEREAS, the Final "B" Map for Otay Ranch Village 2 North Unit 1 was scheduled for City Council approval on September 18, 2007; and WHEREAS, in accordance with Otay Project, L.P.'s request, the item was removed from Council Agenda that same day due to financial reasons; and WHEREAS, on September 12, 2008 Otay Project, L.P requested a refund of the Otay Ranch Village 2 Neighborhoods Park Fee paid in the amount of$I,193,670. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby amend the fiscal year 2008/2009 Otay Ranch Village 2 Neighborhood Park Budget and appropriate $1,193,670 from the available PAD fund balance to reimburse Otay Project, L.P. Presented by Approved as to form by R.A. Hopkins Engineering Dir :;: of , I' /",- "" //"//~&I/ ./ Bart CMiesfell;/ Interim City Att6mey ;~~ / Resolution No. 2008-233 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 7th day of October 2008 by the following vote: AYES: Councilmembers: Castaneda, Ramirez, Rindone, and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: McCann ch,~kgb;; ATTEST: J~ t ;y;~ Donna R. Norris, CMC, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2008-233 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 7th day of October 2008. Executed this 7th day of October 2008. J~ I,-~~ . Donna R. Norris, CMC, City Clerk ..