HomeMy WebLinkAboutCC RESO 2022-68RESOLUTION NO.2022-68
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY,
CALIFORNIA (1) APPROVING AN AFFORDABLE HOUSING DENSITY BONUS
AGREEMENT WITH TORREYANA ASSOCIATES, LLC, A CALIFORNIA LIMITED
PARTNERSHIP, RESTRICTING THE RENT AND OCCUPANCY OF ONE (1) UNIT TO
A LOWER INCOME HOUSEHOLD IN EXCHANGE FOR THREE CONCESSIONS
PURSUANT TO CALIFORNIA GOVERNMENT CODE SECTIONS 65915 — 65918 FOR
THE DEVELOPMENT OF 12 HOUSING UNITS LOCATED AT 316 EAST 31st STREET
IN NATIONAL CITY; AND (2) APPROVING A SUBORDINATION AND
INTERCREDiTOR AGREEMENT SUBORDINATING SAID AFFORDABLE HOUSING
DENSITY BONUS AGREEMENT
WHEREAS, Torreyana Associates, LLC, a California Limited Partnership
("Developr")is developing the property located at 316 East 31st Street; and
WHEREAS, current zoning allows for the construction of 12 units by right; and
WHEREAS, the Developer will restrict the rent and occupancy of one (1) unit to a
very low income household (below 50% of area median income) in exchange for three
deviations, (1) the parking ratio to 1 parking space per one bedroom, 1.5 parking space
per two bedroom, totaling 16 parking spaces, (2) reduce parking from 16 spaces to 12
spaces, (3) a waiver from common open space requirements, mandated by California
Government Code Sections 65915 -- 65918; and
WHEREAS, the Affordable Density Housing Bonus Agreement ("Agreement") will
serve to memorialize the Developer's obligation to provide the one ('1) affordable unit and
the restriction of the affordable unit 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, F E, THE CITY COUNCIL OF THE CITY OF NATIONAL CITY,
CALIFORNIA, IA, DOES RESOLVE, DECLARE, DETERMINE, E, AND ORDER AS
FOLLOWS:
Section 1: Approves an Affordable Housing Density Bonus Agreement with
Torreyana Associates, LLC, a California Limited Partnership, restricting the rent and
occupancy of one (1) unit to a lower income household in exchange for three concessions
pursuant to California Government Code Sections 65915 — 65918 for the development of
12 housing units located at 316 East 31st Street in National City.
Section 2: Approves a Subordination and Intercreditor Agreement
subordinating said Affordable Housing Density Bonus Agreement.
Resolution No. 2022 68
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Pe Two
Section 3: 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.
Section 4 The City Clerk shall certify the passage and adoption of this
Resolution and enter it into the book of original Resolutions.
PASSED and ADOPTED this 3rd day of May 2022.
,Aleja nd ra Sotelo-Solis, Mayor
ATTEST:
Luz Molina, ity Clerk
APPROVED AS TO FORM:
Charles E. Bell Jr., City,, ; torney
Passed and adopted by the City Council of the City of National City, California, on May
3, 2022 by the following vote, to -wit:
Ayes: Sotelo-Solis, Bush, Morrison, Rios, Rodriguez
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: ALEJANDRASOTELO-SOLIS
BY:
Mayor of the City of National City, California
Luz Molina
City Clerk of the City of National City, California
LL
helle Chape' M Deputy Cif Clerk