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HomeMy WebLinkAboutReso 2009-104RESOLUTION NO. 2009-104 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE DEVELOPMENT IMPACT FEE PAYMENT PLAN PROGRAM AGREEMENT WITH MCMILLIN TERRACOTTA, LLC FOR TERRACOTTA PHASES 5 AND 6, AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT ON BEHALF OF THE CITY, AND DIRECTING THE CITY CLERK TO RECORD A LIEN AND THE AGREEMENT WITH THE COUNTY OF SAN DIEGO RECORDER WHEREAS, the City requires the payment of various processing, development impact, capacity, and in-lieu fees to ensure new development mitigates its impact on public facilities; and WHEREAS, the payment of these fees is a substantial commitment for many projects, and spreading the payment of the fees over an extended period may assist in the development of projects; and WHEREAS, in December 2008, members of the development community contacted the City and requested an extended payment schedule program be considered; and WHEREAS, the City Council approved Ordinance No. 3120 establishing the Development Processing and Impact Fee Payment Plan, which became effective on February 6, 2009; and WHEREAS, in Phase 5, McMillin Homes proposes to develop 12 residential units named the McMillin Terracotta Phase 5 project in Otay Ranch Village 7 (McMillin Lomas Verdes); and WHEREAS, in Phase 6, McMillin Homes proposes to develop 14 residential units named the McMillin Terracotta Phase 6 project in Otay Ranch Village 7 (McMillin Lomas Verdes); and WHEREAS, McMillin Terracotta, LLC, owns the property for Phase 5 and 6 ("Property") and agrees that they are responsible for all of the development impact fees owed for the project; and WHEREAS, McMillin Homes also acknowledges and agrees that these fees are due and payable to the City prior to or upon the call for final inspection; and WHEREAS, by executing this Agreement and placing a lien on the Property, the City is securing the payment of the deferred fees. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista hereby: Resolution No. 2009-104 Page 2 Approves the Development Impact Fee Payment Plan Program Agreement with McMillin Teracotta, LLC for Terracotta phases 5 and 6. 2. Authorizes the City Manager to execute the Agreement on behalf of the City. Directs the City Clerk to record a lien and the Agreement with the County of San Diego Recorder. Presented by ~- Richazd o s Director of Public Works PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 12th day of May 2009 by the following vote: AYES: Councilmembers: Bensoussan, Castaneda, McCann, Ramirez, and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None Cheryl Cox, yor ATTEST: Donna R. Noms, 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. 2009-104 was duly passed, approved, and adopted by the City Council at a regulaz meeting of the Chula Vista City Council held on the 12th day of May 2009. Executed this 12th day of May 2009. /~ /l.E/// o e Donna R. Norris, C C, City Clerk Approved as to form by