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HomeMy WebLinkAbout2017-2531 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 2017-253 RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING AN EXTENSION OF TERM FOR THE FEE CREDIT AGREEMENTS GRANTED PURSUANT TO RESOLUTION NOS. 2005-407 AND 2006-59 THROUGH DECEMBER 31, 2019. WHEREAS, on April 5, 2004, the Mayor and Common Council adopted Resolution 2004-95 granting $275,000 in Traffic Fee Credits in exchange for grading and related improvements to Campus Parkway. The Agreement has a twelve year term and expired on April 5, 2016; and WHEREAS, on October 9, 2005, the Mayor and Common Council adopted Resolution 2005-407 granting an additional $200,000 in Traffic Fee Credits in exchange for the additional, unforeseen, grading and related improvements to Campus Parkway. The Agreement has a twelve year term and expired on October 9, 2017; and WHEREAS, on On February 23, 2006, the Mayor and Common Council adopted Resolution 2006-59 granting $1,075,000 in Park Impact Fee Credits and $700,000 in Building Plan Check Credits in exchange for parkland and trail dedication. The Agreement has a twelve year term and will expire on February 23, 2018; and WHEREAS, on September 8, 2017, the Developer, James Watson & Associates, requested an extension of the fee credit agreements. Mr. Watson is requesting an extension of Resolution 2005-407 and Resolution 2006-59 through December 31, 2019; and WHEREAS, the total amount of the original Fee Credit Agreements is $2,250,000 and the outstanding balance as of December 1, 2017, is $1,598,835; and WHEREAS, the Developer James Watson & Associates has been actively working to execute the residential housing and commercial tracts as originally envisioned and due to the financial collapse of 2007 and 2008 has been significantly slowed in completing the projects. NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA AS FOLLOWS: SECTION 1. The Mayor and City Council find that the above -stated Recitals are true and hereby adopt and incorporate them herein. SECTION 2. The term of the Fee Credit Agreements approved under Resolution Nos. 2005-407 and 2006-59 are hereby extended through December 31, 2019, but only for the 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 construction of the 12,600 square foot commercial building as part of "The Shops" at the intersection of University Parkway and Northpark Boulevard, and the remaining 45 residential units as part of the "The Autumn Villas" on Northpark Boulevard. SECTION 3. All other terms, conditions, and provisions of the Fee Credit Agreements shall remain in full force and effect. SECTION 4. Compliance with the California Environmental Quality Act: The extension of time for the Fee Credit Agreements is not a project under the California Environmental Quality Act, therefore, no further environmental review is necessary. SECTION 5. Severability: If any section, subsection, subdivision, sentence, or clause or phrase in this Resolution or any part thereof is for any reason held to be unconstitutional, invalid or ineffective by any court of competent jurisdiction, such decision shall not affect the validity or effectiveness of the remaining portions of this Resolution or any part thereof. The Mayor and City Council hereby declares that it would have adopted each section irrespective of the fact that any one or more subsections, subdivisions, sentences, clauses, or phrases be declared unconstitutional, invalid, or ineffective. 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING AN EXTENSION OF TERM FOR THE FEE CREDIT AGREEMENTS GRANTED PURSUANT TO RESOLUTION NOS. 2005-407 AND 2006-59 THROUGH DECEMBER 31, 2019. I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor and City Council of the City of San Bernardino at a Joint Regular Meeting thereof, held on the 20a' day of December 2017, by the following vote, to wit: Council Members: MARQUEZ BARRIOS VALDIVIA SHORETT NICKEL RICHARD MULVIHILL AYES NAYS x X XM xs X X ABSTAIN ABSENT Georgeann danna, CM ity Clerk The foregoing Resolution is hereby approved this 20a' day of December 201 Approved as to form: Gary D. Saenz, City Attorney By: 3 u. R. Carey Davi ,Mayor City of San Eyernardino