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HomeMy WebLinkAboutReso 2010-189RESOLUTION NO. 2010-189 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING THE CITY MANAGER TO EXECUTE A DECLARATION OF COVENANTS, CONDITIONS, AND RESTRICTIONS BY AND BETWEEN THE CITY OF CHULA VISTA AND ROSINA GENPAR, LLC FOR A RENTAL HOUSING DEVELOPMENT TO BE LOCATED ON NEIGHBORHOOD R-30 IN OTAY RANCH VILLAGE 2 IN SATISFACTION OF THE CITY'S BALANCED COMMUNITIES POLICY WHEREAS, on May 23, 2006, the City approved the Otay Ranch Village Two Sectional Planning Area (SPA) Plan by Resolution Number 2006-156; and WHEREAS, the Affordable Housing Program of the SPA Plan provides for five percent of all newly constructed dwelling units being designated for occupancy and affordability by low- income households and five percent for moderate-income households consistent with the City of Chula Vista Housing Element established Policy 5.1.1 of the City's Housing Element of the General Plan (Balanced Communities Policy); and WHEREAS, Rosina Genpar, LLC (Developer) proposes to construct and permanently finance a two hundred seventy-eight (278) unit housing project located on Neighborhood R-30 in Otay Ranch Village 2 in the City of Chula Vista (the "Project"), of which twenty-eight (28) units will be operated as affordable rental housing for low and moderate income households (the "Affordable Units"); and WHEREAS, a Declaration of Covenants, Conditions and Restrictions (the "Declaration") has been prepared to regulate and restrict the rents and occupancy of the Affordable Units and to implement controls on the ownership, operation, and management of the Affordable Units. The covenants in this Declaration are intended to run with the land and be binding on Developer and its successors and assigns in the Property; and WHEREAS, Developer has agreed to enter into, record and comply with this Declaration, in satisfaction of the Affordable Housing Program of the Otay Ranch Village Two SPA Plan and the Balanced Communities Policy; and WHEREAS, the Environmental Review Coordinator has reviewed the proposed project for compliance with the California Environmental Quality Act (CEQA) and has determined that the proposed project was adequately covered in previously adopted Final Second Tier Environmental Impact Report, EIR 02-02. Thus, no further CEQA review or documentation is necessary. Resolution No. 2010-189 Page 2 NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby authorize the City Manager to execute the Declazation of Covenants, Conditions and Restrictions by and between the City and the Developer, in substantially the form presented to the City, and make such modifications, changes or additions to the Declazation and other documents, in consultation with the office of the City Attorney, as may be necessary or advisable. The approval of any modification, change or addition to the Declazation and any related document shall be evidenced conclusively by the execution and delivery thereof by the City Manager. Presented by e ary albe .E., AICP Assistant Manager/ Director of Development Services Approved as to form by C. Miesfel City Attorney Resolution No. 2010-189 Page 3 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 27th day of July 2010 by the following vote: AYES NAYS ABSENT Councilmembers: Bensoussan, Castaneda, McCann, Ramirez and Cox Councilmembers: None Councilmembers: None Cheryl Cox a or ATTEST: 0 Dotma R. Norris, C C, 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. 2010-189 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 27th day of July 2010. Executed this 27th day of July 2010. Donna R. Norris, CMC, City Clerk