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HomeMy WebLinkAboutAGENDA REPORT 2005 0921 CC REG ITEM 10LMOORPARK CITY COUNCIL AGENDA REPORT ITEM 10 • L-- CI'T'Y OF MOORPARK, CALIFORNIA City Council Meeting of 9- a -aaas ACTION: 1'&d ,t2�itLy ��! �• TO: The Honorable City Council FROM: Barry K. Hogan, Community Development Director Prepared by Laura Stringer, Administrati a Services Manager DATE: September 6, 2005 (CC Meeting of 9/21/05) SUBJECT: Consider Annual Review of Development Agreement Established in Connection with Residential Planned Development Permit No. 2001 -02, a 190 -unit Senior Apartment Project Located at the Terminus of Park Lane, South of Park Crest Lane and North of the Arroyo Simi (Vintage Crest Senior Apartments, L.P. /USA Properties) BACKGROUND Government Code Section 65864 and Section 15.40.150 of the Municipal Code provide for Development Agreements between the City and property owners in connection with proposed plans for development of specific properties. Development Agreements are designed to strengthen the planning process, to provide developers some certainty in the development process and to assure development in accordance with the terms and conditions of the agreement. The Municipal Code also requires the Developer to file an application with the Community Development Director requesting the annual review of the Agreement. On September 18, 2002, the Moorpark City Council adopted Ordinance No. 285 (effective October 18, 2002), approving a Development Agreement with Vintage Crest Senior Apartments, L.P. (USA Properties). The Agreement was approved in connection with Residential Planned Development No. 2001 -02, a 190 -unit, one - hundred percent (1000) affordable senior apartment project, located generally north of the Arroyo Simi at the intersection of Park Lane and Park Crest Lane. The terms of the Agreement require that the Agreement remain in full force and effect for five (5) years from the operative date of the Agreement (until October 18, 2007) or until one (1) year after the occupancy of the one - hundred - ninetieth 00047b Honorable City Council September 21, 2005 Page 2 (190th) apartment unit, whichever occurs later. The last review of the Development Agreement was completed December 3, 2003. DISCUSSION Project Status • Construction of the project has been completed and all units have been cleared for occupancy. All but three units have at one time been rented /leased, but due to normal tenant turnover, several units routinely remain vacant during the application review process. Developer Compliance with Terms of Agreement The Developer's responsibilities are included in Section 6 of the agreement and include seventeen (17) specific provisions, as summarized below. # REQUIREMENT STATUS 1. Compliance with Development To date, developer is in Agreement, Project Approvals compliance with this and Subsequent approvals. aspect of the agreement. 2. Dedicated lands to be free and Required off -site clear of liens and properties were acquired encumbrances. and improvements completed. 3. Community Services Fee at Paid for 190 units $2,700 per unit. ($513,000.00) on April 11, 2003. 4. Park Fee at $2,000 per unit. Paid for 190 units ($380,000.00) on April 11, 2003. 5. Development Fee at $2,750 per Paid for 190 units unit. ($522,500.00) on April 11, 2003. 6. Citywide Traffic Fee at $800 Paid for 190 units per unit. ($152,000.00) on April 11, 2003. 7. Payment of all outstanding city Staff is working with the processing and environmental developer on processing costs. reconciliation of the developer deposit account. The $2,000.00 deposit for Development Agreement - Annual Review has been paid. S: \Community Development \ADMIN \AGMTS \D A \2002 -01 USA \cc 05 0921.doc 0 00 477 Honorable City Council September 21, 2005 Page 3 # REQUIREMENT STATUS 8. Waiver of rights to any density No additional density bonus beyond 190 units approved bonus has been requested for this project or granted. 9. Agreement to cast affirmative To date, the developer vote for the formation of an has complied with this assessment district with the aspect of the agreement. power to levy assessments for the maintenance of parkway landscaping, street lighting or parks conferring special benefits. 10. Guarantee affordability of 100% All affordability of the units: agreements have been Forty -eight (48) very low approved and executed. income (50% or less of Ventura County median income), with a minimum of twelve (12) of the two- bedroom units occupied by very -low income tenants for the life of the project. One - hundred - forty -two (142) low income (600 or less of Ventura County median income). 11. Agreement to pay all City All capital improvement capital improvement, fees have been paid to development and processing fees date. Staff is working and agreement not to protest with the developer on fees. reconciliation of the developer deposit account. 12. Construct Park Lane consistent Park Lane improvements with Ventura County Standard have been completed. Plate B -3 -C and ADA Requirements. Reconstruct broken sidewalk, curb and gutter from the project to Los Angeles Avenue. 13. Agreement to pay monthly access The Developer has fee of 5% of gross revenue provided cable television generated, should cable services through the City television services be provided Cable Franchise, and the outside the City Cable City's government channel Franchise, and that the City's is available to all government channel be available units. to all units. S: \Community Development \ADMIN \AGMTS \D A \2002 -01 USA \cc 05 0921.doc 0 0® 4 /S Honorable City Council September 21, 2005 Page 4 # REQUIREMENT STATUS 14. Agreement that any fees and To date, the developer payments be made without has complied with this reservation and waives to right aspect of the agreement. to payment under protest. 15. Agreement to pay applicable Los The AOC fees have been Angeles Avenue AOC Fees minus paid, and all Building $1,052 if Building Permits not Permits were issued prior issued by December 31, 2004 to December 31, 2004. 16. Agreement for "Payment in Lieu A PILOT Agreement was of Taxes" (PILOT) including executed on May 19, 2004, payment schedule. and the 2004 and 2005 be in the amount of $200,000.00, payments have been made. 17. Annual Review and Mitigation The developer has Monitoring Program submitted the application 2004. and deposit for annual 3. Agreement that the Traffic review and is to date in System Management Fee (TSM) for compliance with the the project shall be in the Mitigation Monitoring amount of $200 per unit. Program. City Compliance with Terms of Agreement The City's responsibilities are included in Section 7 of the agreement and include seven (7) specific provisions, as summarized below. # REQUIREMENT STATUS 1. Expedite (to the extent Construction is complete. possible) the processing of plan checking; excavation, grading, building, encroachment and street improvement permits; certificate of occupancy, utility connection authorizations, etc. 2. Agreement that the Los Angeles Area of Contribution (AOC) Avenue Area of Contribution Fee ($200,000.00) was paid (AOC) Fee for the project shall April 11, 2003. All be in the amount of $200,000.00, Building Permits have been so long as, Building Permits are issued. issued prior to December 31, 2004. 3. Agreement that the Traffic Paid for 190 units System Management Fee (TSM) for ($38,000.00) on April 11, the project shall be in the 2003. All Building Permits amount of $200 per unit. have been issued. S: \Community Development \ADMIN \AGMTS \D A \2002 -01 USA \cc 05 0921.doc 00047.%3 Honorable City Council September 21, 2005 Page 5 # REQUIREMENT STATUS 4. Agreement to allow certain The City is in compliance modifications to the City Zoning with this aspect of the Code and development standards, agreement. including parking ratios, density, and reduction in certain fees so long as Building Permits are issued prior to December 31, 2004. S. Agreement that Citywide Traffic Citywide Traffic Fee of Fee shall be $800 per unit so ($152,000.00) was paid long as Building Permits are April 11, 2003. All issued prior to December 31, Building Permits have been 2004. issued. 6. Agreement to payment of $4,000 Paid on April 11, 2003. toward impacted intersections, in lieu of a Traffic Study. 7. Agreement that certain fees are The City is in compliance not applicable for repair or with this aspect of the rebuild due to fire, earthquake agreement. or other casualty. Evaluation of Good Faith Compliance Based on a review of the Development Agreement Annual Review Application and the status of the project, the Community Development Director has determined, on the basis of substantial evidence, that Vintage Crest Senior Apartments, L.P. /USA Properties has, to date, complied in good faith with the terms and conditions of the Agreement. STAFF RECOMMENDATION 1. Accept the Community Development Director's Report and recommendation that, on the basis of substantial evidence, Vintage Crest Senior Apartments, L.P. /USA Properties has complied in good faith with the terms and conditions of the Agreement. 2. Deem the annual review process complete. Attachments: Location Map S: \Community Development \ADMIN \AGMTS \D A \2002 -01 USA \cc 05_0921.doc 0