HomeMy WebLinkAboutCC RESO 2023-153RESOLUTION NO. 2023 - 153
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA,
APPROVING AN AFFORDABLE HOUSING DENSITY BONUS AGREEMENT AND RELATED
DOCUMENTS WITH 2704 18TH, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AND
RESTRICTING THE RENT AND OCCUPANCY OF TWO UNITS TO LOW-INCOME
HOUSEHOLDS IN EXCHANGE FOR FOUR INCENTIVES PURSUANT TO CALIFORNIA
GOVERNMENT CODE SECTIONS 65915 — 65918 FOR THE DEVELOPMENT OF NINE
HOUSING UNITS LOCATED AT 2704 EAST 18TH STREET IN NATIONAL CITY.
WHEREAS, 2704 18th, LLC, a California Limited Partnership ("Developer"); is developing
the property located at 2704 E 18th Street; and
WHEREAS, the current zoning allows for the construction of 9 units by right and the
developer has requested a density bonus; and
WHEREAS, the Developer agreed to restrict the rent and occupancy of two units
("Affordable Units") to low-income households below 80% of the area median income; and
WHEREAS, in exchange for the Affordable Units, the Developer is allowed four incentives,
pursuant to California Government Code Section 1 - 18; and
WHEREAS, S, the incentives the Developer selected are 1 parking ratio reduction of 0.5
spaces per unit for a total of 7 parking spaces provided; reduction of common open space
required from four hundred 4 square feet to three hundred 8 square feet; 3) removal of
private open space requirements for the project; and 4) removal of storage space requirements for
residential units; and
WHEREAS, the Developer agreed to enter into an Affordable Density Housing Bonus
Agreement ("Agreement") to memorialize the Developer's obligation to provide the two affordable
units; and
WHEREAS, the Agreement provides a time frame for the construction and occupancy of
the Affordable Units and will be recorded to assure affordability for fifty-five 5 years; and
WHEREAS, the Developer agreed to enter into a Deed of Trust ("Trust") to secure the
property and it ensures the timely performance of the Affordable Housing Density Bonus
Agreement; and
WHEREAS, the Developer agreed to enter into a Subordination Agreement for the
Agreement to be recorded against the Property by the Developer in favor of the City.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF NATIONAL CITY,
CALIFORNIA, DOES RESOLVE, E, DECLARE, DETERMINE, IE, AND ORDER AS FOLLOWS:
Section 1: Approves the Affordable Housing Density Bonus Agreement with 2704 18th,
LLC. restricting the rent and occupancy of two units to a low-income household in exchange for four
incentives pursuant to California Government Code Sections 65915-65918 for the development of 9
housing units located at 2704 E 18th Street in National City. The four incentives include:
1. Parking reduction of 0.5 spaces per unit for a total of 7 parking spaces;
2. Reduction of common open space required from four hundred 4 square feet to three
hundred (300) square feet;
3. Removal of private open space requirements for the project; and
4. Removal of storage space requirement for residential units.
Section 2 The City Council hereby approves the Deed of Trust with 2704 18th, LLC for
the property located at 2704 E 18th Street in National City.
Section 3: The City Council also hereby approves a Subordination Agreement to be
recorded against the Property by the Developer in favor of the City.
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 7th day of November 2023.
ATTEST:
elley pel, MMC, City Clerk
APPROVED AS TO FORM:
Barry J. �h�yEz, City Attor y
Morrison, Mayor
Passed and adopted by the City Council of the City of National City, California, on
November 7, 2023 by the following vote, to -wit:
Ayes: Bush, Rodriguez, uez, Yamane, Molina, Morrison
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED ATED BY: RON MORRISON
Mayor of the City of National City, California
ShelleyCha el
City Clerk of the City of National City, California