Form Rev 3/6/2023
RESOLUTION NO. __________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA WAIVING PARK LAND IN-LIEU FEES AND
RESIDENTIAL CONSTRUCTION TAX FOR A 100 PERCENT
AFFORDABLE SENIOR HOUSING PROJECT NAMED
CONGREGATIONAL SUITES
WHEREAS, the high cost of constructing affordable housing is a challenge for developers, lenders, and investors; and
WHEREAS, Chula Vista needs affordable housing units and currently does not have many affordable housing units strictly available only for seniors (55 years and older); and
WHEREAS, 3rd Street RHF and CCDC Partners, L.P. , is developing 55 affordable senior housing units at 305 E. Street (the “Project”), but needs a waiver of certain City development fees and taxes to enhance Project feasibility; and
WHEREAS, the Project will result in a public benefit by providing new housing and on- site amenities for seniors that will be 100% deed-restricted for seniors age 55 and older for 55 years where all units will be rented to seniors with very low, low - and moderate -incomes, consisting of 19 dwelling units restricted to very low income households or persons , 19 units restricted to low -income households or persons , and 17 units restricted to moderate -income households or persons; and
WHEREAS, the Chula Vi sta Municipal Code ( “CVMC”) section 17.10.070(B) provides for the waiver, by resolution of the City Council, of all or any portion of parks improvements, or in-lieu fee requirements for parks, in the interest of stimulating the construction of much needed housing for low- and moderate-income families or persons. Further, under CVMC section 3.32.050 the City Council may waive the Residential Construction Tax for affordable housing projects that serve low- or moderate- income families and persons; and
WHEREAS, senior housing developments, such as the Project, are not typically heavy users of parks and other infrastructure constructed with City required in-lieu park fees; and
WHEREAS, the waiver of Parkland Acquisition Fees in the amount of $207,592, Parkland Development Fees in the amount of $396,256 and Residential Construction Tax in the amount of $14,025, for a total of $617,873 in fees, provides much needed financial assistance to the Project to facilitate the construction of 55-units of 100% affordable senior housing units in downtown Chula Vista; and
WHEREAS City staff recommends approval of the requested waivers of the Parkland Acquisition Fee, Park land Development Fee, and Residential Construction Tax for the Project; and
Resolution No.
WHEREAS the City Clerk set the time and place for consideration before the City Council for the requested fee and tax waivers for the Project, and notice of the consideration of the request, together with its purpose, was properly provided consistent with State law and City Codes; and
WHEREAS the Chula Vista City Council has reviewed and considered all materials for the requested in-lieu parkland fee and tax waivers for the Project; and
WHEREAS the matter was considered at the time and place as advertised in the Council Chambers, 276 Fourth Avenue, before the Chula Vista City Council.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it approves the waiver of Parkland Acquisition Fees in the amount of $207,592 , Parkland Development Fees in the amount of $396,256, and Residential Construction Tax in the amount of $14,025 for the Project to facilitate the construction of needed affordable senior housing units in downtown Chula Vista.
Presented by Approved as to form by
Laura C. Black, AICP Jill D.S. Maland
Director of Development Services Lounsbery Ferguson Altona & Peak Acting City Attorney