HomeMy WebLinkAboutCC RESO 2023-01 Orange St. Partners LLC Affordable Housing Density Bonus AgreementRESOLUTION NO. 2023 - 01
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY,
CALIFORNIA (1) APPROVING AN AFFORDABLE HOUSING DENSITY BONUS
AGREEMENT WITH ORANGE ST. PARTNERS, LLC, A CALIFORNIA LIMITED
PARTNERSHIP, RESTRICTING THE RENT AND OCCUPANCY OF ONE (1) UNIT TO
A VERY LOW INCOME HOUSEHOLD IN EXCHANGE FOR TWO CONCESSIONS
PURSUANT TO CALIFORNIA GOVERNMENT CODE SECTIONS 65915 — 65998 FOR
THE DEVELOPMENT OF 8 HOUSING UNITS LOCATED AT 1628 ORANGE STREET IN
NATIONAL CITY
WHEREAS, S, F AI NGE ST. PARTNERS, LLC, a California Limited Partnership
("Developer")is developing the property located at 1628 Orange Street; and
WHEREAS, E S, current zoning allows for the construction of 8 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 two
deviations, (1) Eliminate requirement for 75% minimum street wall, 2 Eliminate
requirement for 1 0 ft landscape buffer (this would otherwise be required along the north
side of parking lot), 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 years; a n d
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 AL CITY,
CALIFORNIA, DOES RESOLVE, DECLARE, DETERMINE, AND ORDER AS
FOLLOWS:
Section 1: Approves an Affordable Housing Density Bonus Agreement with
Orange Street Partners, LLC, a California Limited Partnership (attached as Exhibit B to
the Agenda Report), restricting the rent and occupancy of one (1) unit to a very low income
household in exchange for two concessions pursuant to California Government Code
Sections 65915 — 65918 for the development of 8 housing units located at 1628 Orange
Street in National City.
Section 2: That the City of National City will record a Performance Deed of Trust
(attached as Exhibit C to the Agenda Report) 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. 2023 - 01
Page Two
Section 3: 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 17th da ary 2023.
ATTEST:
§'helfey
Chapel, Interim City Clerk
APPROVED AS TO FORM:
Barry J. Sc
City Attorne
-Fo n Morr on, Mayor
Passed and adopted by the City Council of the City of Nationa; City, California,, on
January 17, 2023 by vote, toRv�rit:
Ayes: Morrison, on, Molina, Bush, Rodriguez, Yamane
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Mayor of the City of Nat►onal City, California
Shelley Chapel
Interim City Clerk of the ity of National City,
Californi2
BY:
Shelley aha
�nterirl City Clerk