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HomeMy WebLinkAboutCC RESO 2021-116RESOLUTION NO. 2021 - 116 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA APPROVING AN AFFORDABLE HOUSING DENSITY BONUS AGREEMENT WITH HIGHLAND PACIFICA, LLC, FOR THE DEVELOPMENT OF 16 UNITS LOCATED AT 2428 HIGHLAND AVENUE AND RESTRICTING THE RENT AND OCCUPANCY OF TWO (2) UNITS TO VERY LOW-INCOME HOUSEHOLDS IN EXCHANGE FOR A DENSITY BONUS PURSUANT TO CALIFORNIA GOVERNMENT CODE SECTIONS 65915 - 65918 WHEREAS, Highland Pacifica LLC ("Developer") wants to develop its property located at 2428 Highland Avenue, National City, California; and WHEREAS, the current zoning allows for the construction of twelve (12) units by right; and WHEREAS, the Developer will restrict the rent and occupancy of two (2) units to very low-income households (below fifty percent (50%) of area median income) in exchange for a density bonus of thirty-five percent (35%) mandated by the California Government Code Sections 65915 — 65918, which will allow the construction of additional an four (4) units for a total of 16 units on the property; and WHEREAS, the Affordable Density Housing Bonus Agreement ("Agreement") will serve to memorialize the Developer's obligation to provide the two (2) affordable units and the restriction of the affordable units by the recordation of this Agreement assuring affordability for a total of fifty-five (55) years; and WHEREAS, a Performance Deed of Trust will also be recorded to secure the Agreement on the property. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA, DOES RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS: Section 1: Approves an Affordable Housing Density Bonus Agreement with Highland Pacifica, LLC, restricting the rent and occupancy of two (2) units to very low- income households in exchange for one density bonus pursuant to California Government Code Sections 65915 — 65918 for the development of sixteen (16) units located at 2428 Highland Avenue, in National City, California. Section 2: That the City of National City will record a Performance Deed of Trust securing the timely performance of the Affordable Housing Density Bonus Agreement, and after it is recorded in the County of San Diego, a copy of said Deed of Trust will be on file in the Office of the City Clerk. Resolution No. 2021 — 116 Page Two Section 3: The City Clerk shall certify to the passage and adoption of this Resolution and enter it into the book of original Resolutions. PASSED and ADOPTED this 7th day of Septem er . Aft,AlrA Alejandra Sotelo-So is, Mayor ATTEST: Luz Molina, ity Clerk APPROVED AS TO FORM: Charles E. Bell Jr., Attorney Passed and adopted by the City Council of the City of National City, California, on September 7, 2021, by the following vote, to -wit: Ayes: Sotelo-Solis, Rodriguez, Bush, Morrison, Rios. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: ALEJANDRA SOTELO-SOLIS Mayor of the City of National City, California LUZ MOLINA City Clerk of the City of National City, California i BY: � � R ek . Shelley Chapel, C, Deputy Qity Clerk I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2021-116 of the City of National City, California, passed and adopted by the City Council of said City on September 7, 2021.