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HomeMy WebLinkAboutAGENDA REPORT 2006 1101 CC REG ITEM 10EMOORPARK CITY COUNCIL AGENDA REPORT ITEM 10. E. TO: The Honorable City Council FROM: Barry K. Hogan, Community Development Directo Prepared by Laura Stringer, Administrative Se4 a Manager DATE: October 20, 2006 (CC Meeting of 11/01/06) 7 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 (100 %) 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 (190th) apartment unit, whichever occurs later. The last review of the Development Agreement was completed September 21, 2005. Honorable City Council November 1, 2006 Page 2 DISCUSSION Project Status • All units are available for rental. The project continues to have a high rate of occupancy, with a vacancy rate of approximately 1 %. 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 Agreement, Project To date, developer is in compliance with Approvals and Subsequent approvals. this aspect of the agreement. 2. Dedicated lands to be free and clear of liens and Required off -site properties were acquired encumbrances. and improvements completed. 3. Community Services Fee at $2,700.00 per unit. Paid for 190 units ($513,000.00) on April 11, 2003. 4. Park Fee at $2,000.00 per unit. Paid for 190 units ($380,000.00) on April 11, 2003. 5. Development Fee at $2,750.00 per unit. Paid for 190 units ($522,500.00) on April 11, 2003. 6. Citywide Traffic Fee at $800.00 per unit. Paid for 190 units ($152,000.00) on April 11, 2003. 7. Payment of all outstanding city processing and A developer fund analysis has been environmental processing costs. completed and payment of $12,285.10 will be received in late October to bring the account current. The $2,400.00 deposit for Development Agreement - Annual Review has been paid. 8. Waiver of rights to any density bonus beyond 190 No additional density bonus has been units approved for this project requested or ranted. 9. Agreement to cast affirmative vote for the formation To date, the developer has complied with of an assessment district with the power to levy this aspect of the agreement. assessments for the maintenance of parkway landscaping, street lighting or parks conferring special benefits. 10. Guarantee affordability of 100% of the units: All affordability agreements have been Forty -eight (48) very low income (50% or less of approved and executed. 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 (60% or less of Ventura County median income). 11. Agreement to pay all City capital improvement, All capital improvement fees have been development and processing fees and agreement paid to date. Payment of $12,285.10 will not to protest fees. be received in late October to bring the developer fund account current. 4 � S: \Community Development \ADMIN \AGMTS \D A \2002 -01 USA \Staff Report \cc 06 1101.doc Honorable City Council November 1, 2006 Page 3 # REQUIREMENT STATUS 12. Construct Park Lane consistent with Ventura Park Lane improvements have been County Standard Plate B -3 -C and ADA completed. Requirements. Reconstruct broken sidewalk, curb and gutter from the project to Los Angeles Avenue. 13. Agreement to pay monthly access fee of 5% of The Developer has provided cable 2. gross revenue generated, should cable television television services through the City Cable services be provided outside the City Cable Franchise, and the City's government Franchise, and that the City's government channel channel is available to all units. be available to all units. 14. Agreement that any fees and payments be made To date, the developer has complied with without reservation and waives to right to payment this aspect of the agreement. under protest. issued. 15. Agreement to pay applicable Los Angeles Avenue The AOC fees have been paid, and all AOC Fees minus $1,052.00 if building permits not Building Permits were issued prior to issued by December 31, 2004 December 31, 2004. 16. Agreement for "Payment in Lieu of Taxes" (PILOT) A PILOT Agreement was executed on including payment schedule. May 19, 2004, and the 2004, 2005 and 5. Agreement that Citywide Traffic Fee shall be $800.00 2006 payments have been made. 17. Annual Review and Mitigation Monitoring Program The developer has submitted the December 31, 2004. application and deposit for annual review 6. Agreement to payment of $4,000 toward impacted and is, to date, in compliance with the intersections, in lieu of a Traffic Study. Mitigation Monitoring 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 possible) the processing of Construction is complete. plan checking; excavation, grading, building, encroachment and street improvement permits; certificate of occupancy, utility connection authorizations, etc. 2. Agreement that the Los Angeles Avenue Area of Area of Contribution (AOC) Fee Contribution (AOC) Fee for the project shall be in the ($200,000.00) was paid April 11, 2003. All amount of $200,000.00, so long as, building permits building permits have been issued. are issued prior to December 31, 2004. 3. Agreement that the Traffic System Management Fee Paid for 190 units ($38,000.00) on April 11, (TSM) for the project shall be in the amount of 2003. All Building Permits have been $200.00 per unit. issued. 4. Agreement to allow certain modifications to the City The City is in compliance with this aspect of Zoning Code and development standards, including the agreement. parking ratios, density, and reduction in certain fees so long as building permits are issued prior to December 31, 2004. 5. Agreement that Citywide Traffic Fee shall be $800.00 Citywide Traffic Fee of ($152,000.00) was per unit so long as building permits are issued prior to paid April 11, 2003. All building permits December 31, 2004. have been issued. 6. Agreement to payment of $4,000 toward impacted Paid on April 11, 2003. intersections, in lieu of a Traffic Study. \ \Mor_pri_sery \City Share \Community Development \ADMIN \AGMTS \D A \2002 -01 USA \Staff Report \cc 06 1101.doc Honorable City Council November 1, 2006 Page 4 # REQUIREMENT STATUS 7. Agreement that certain fees are not applicable for The City is in compliance with this aspect of repair or rebuild due to fire, earthquake or other the agreement. 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.PJUSA Properties has, to date, complied in good faith with the terms and conditions of the Agreement. Staff has also determined that the developer has fully complied with all requirements of the Development Agreement and recommends that, upon submittal of a $2,000 deposit for project closeout, this be the final annual review to be presented to City Council. STAFF RECOMMENDATION 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 this report the final annual review, subject to receipt of a $2,000 project closeout deposit. Attachments: 1. Location Map 2. Site Plan 3. Narrative S: \Community Development \ADMIN \AGMTS \D A \2002 -01 USA \Staff Report \cc 06_1101.doc �x'.��'.r-7y T -- I I j I -mrF G LES AVE - - - -_— L 5 IVI a JILUILIM TO I 4!t J i W BO E Vill LOCATION MAP NORTH CC ATTACHMENT 1 Z IN31NHOVIIV 33 NVId 311S �o Z 208•A I 209•A 108•A I 109•A J206•B 21 "BL 106.6 111.6 I La 205•A 204•A 105•A 104•A 200.E 2011 100.E 101 203.E 202.E 103.E 102.E 256.E 259•E.: ----�� r� 156.E 159.E i SPA 254.E 255.E •B 242•B 243.8 257.E 258.E 173•A 274•B 275.8 176•A 4239-B238:B .6 142.6 143.8 157.E 158.E 174.6 175.6 253.E 252.E 237•B 236.6 153E 272•A 279•B 278.8 277•A 88 137.6 136.6 172•A 179.6 178.8 177•A 256.E 259•E.: ----�� r� 156.E 159.E i LL I @f w�. r� SPA 254.E 255.E 270.E 271.E RECREATION „ =G 154.E 155.E 170.E 171.E BUILDING r !` 253.E 252.E 269.E 268.E 153E 152.E 169.E 168.E 262.6 230.8 231.13 161•A 162.8 .263.6 163.8 164•A 129•A 130.8 131.6 132•A 260-A 267.8 66.6 5. 265-A 2 35.13 34.6 160 -A 167.8 166.8 165•A 128•A 135.8 134•B 133 A 1 2 • 5A 246.6 247.6 148•A 222.6 223.8 224-A ' 146.6 147.6 121 A 122.6 123.6 124•A � - ',. 251 B 250.6 249•A 9 % 144•A 151.8 150.8 220•A 227•B •26•B 225•A LL I @f w�. r� Narrative Pertinent to the Development Agreement 1. The completion of any aspect of the agreement during the twelve (12) month prior to the anniversary date. We believe we have completed all aspects of the agreement. 2. The progress made towards completion of all other aspects of the agreement during the twelve (12) month prior to the anniversary date. The agreement is complete. 3. An explanation with supporting information, of aspects of the agreement where good faith compliance has not been achieved during the twelve (12) months prior to the anniversary date, and proposal for corrective action to achieve such compliance. None is needed. CC ATTACHMENT 3 f P 1 -) (,