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HomeMy WebLinkAbout83-205 - ResolutionsRESOLUTION NO. 83-205 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, RECOMMENDING APPROVAL OF A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF RANCHO CUCAMONGA, CALIFORNIA AND CALMARK DEVELOPMENT CORPORATION REGARDING PD 83-01 AS APPROVED BY THE CITY COUNCIL WHEREAS, the Planning Commission and City Council have held public hearings on and approved PD 83-01 (Calmark); and WHEREAS, the Planning Commission and City Council have reviewed a proposed Development Agreement pursuant to Sections 65864 - 65869.5 of the Government Code, and authorized City staff to use it as the basis of negotiations for a long term agreement between the City and the project developer concerning various development incentives and rental conditions; and WHEREAS, the City Council has reviewed and held a legally noticed public hearing on the final Development Agreement. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Rancho Cucamonga, California has determined that the proposed Development Agreement meets the concerns of the City regarding rental rates, availability of units for target tenants, maintenance and the overall concerns of the City regarding projects developed under the Senior Housing Overlay District. BE IT FURTHER RESOLVED, that the City Council approves the Development Agreement between the City of Rancho Cucamonga and Calmark Development Corporation regarding PD 83-01 and hereby authorizes the Mayor to sign the Agreement and have it recorded with the County Recorder. PASSED, APPROVED, and ADOPTED this 7th day of December, 1983. AYES: Dahl, Buquet, Schlosser, Frost, Mikels NOES: None ABSENT: None ATTEST: Lauren M. Wasserman, City Clerk