HomeMy WebLinkAboutCC RESO 2019-111RESOLUTION NO. 2019 — 111
RESOLUTION OF CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING
AN AFFORDABLE HOUSING DENSITY BONUS AGREEMENT WITH APV
VENTURES, LLC, FOR THE DEVELOPMENT OF 17 UNITS LOCATED AT 1821
EAST 9TH STREET AND RESTRICTING THE RENT AND OCCUPANCY OF ONE (1)
UNIT TO A VERY -LOW INCOME HOUSEHOLD IN EXCHANGE FOR A DENSITY
BONUS AS MANDATED BY CALIFORNIA GOVERNMENT CODE SECTIONS
65915 — 65918
WHEREAS, APV Ventures, LLC ("Developer") is the owner of that certain real
property generally located at 1821 E. Ninth Street ("Property"), in the City of National City,
County of San Diego; and
WHEREAS, the General Plan and Zoning Ordinance of National City permit no
more than fourteen (14) housing units on the Property; and
WHEREAS, Developer proposes to develop a total of seventeen (17) housing units
on the Property ("Development"); and
WHEREAS, pursuant to Government Code section 65915, and Sections
18.48.030, et seq. of the National City Municipal Code, the Developer has proposed to
construct and restrict the rent and occupancy of one (1) residential dwelling unit
("Affordable Unit") to a very low-income household in exchange for a density bonus
("Density Bonus") which will allow the construction of the seventeen (17)-unit
Development on the Property; and
WHEREAS, in addition to the Density Bonus, the Developer is entitled to receive
incentives and concessions as set forth in Government Code Section 65915 and the
Developer has independently and of its own free will chosen not to receive any such
incentives or concessions; and
WHEREAS, the Affordable Housing Density Bonus Agreement ("Agreement") will
serve to memorialize Developer's obligation to provide the one (1) Affordable Unit
including the time frame for the construction and occupancy of the Affordable Unit and
the restriction of the Affordable Unit by the recordation of the Agreement assuring
affordability for a total of fifty-five (55) years measured from the issuance of final
inspection approval for the Development; and
WHEREAS, a Performance Deed of Trust will also be recorded for the purpose of
securing the timely performance of the Agreement and the performance of each
agreement contained in the Performance Deed of Trust.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National
City approves the Affordable Housing Density Bonus Agreement with APV Ventures, LLC,
for the development of 17 units located at 1821 E. 9th Street and restricting the rent and
occupancy of one (1) unit to a very -low income household in exchange for a density bonus
as mandated by California Government Code Sections 65915 - 65918. After being
recorded by the County of San Diego, a copy of said Agreement will be on file in the office
of the City Clerk.
Resolution No. 2019 — 111
Page Two
BE IT FURTHER RESOLVED that City of National City will record a
Performance Deed of Trust securing the timely performance of Affordable Housing
Density Bonus Agreement. After being recorded by the County of San Diego, a copy
of said Deed of Trust will be on file in the office of the City Clerk.
PASSED and ADOPTED this 6th of August, 2019.
Alejandra Sotelo-Solis, Mayor
�.� Michael R. Dalla, City Clerk
APPROVED AS TO FORM:
Morns -Jones
C ."Attorney
Passed and adopted by the Council of the City of National City, California, on
August 6, 2019 by the following vote, to -wit:
Ayes: Councilmembers Cano, Morrison, Quintero, Rios, Sotelo-Solis.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: ALEJANDRA SOTELO-SOLIS
Mayor of the City of National City, California
City Clerk of the City of National City, California
By:
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2019-111 of the City of National City, California, passed and
adopted by the Council of said City on August 6, 2019.
City Clerk of the City of National City, California
By:
Deputy