parklands development agreement. subject site approved specific plan, annexation, general plan...
TRANSCRIPT
Parklands Development Agreement
SUBJECT SITE
• Approved Specific Plan, Annexation, General Plan Amendments & EIR
• Approved Affordable Housing as part of DA 173 Market Rate Apartments for 25 years
Condo map affordable requirement
32 Moderate Income & 12 Very Low Income
August 4, 2009 Council Actions
City • $3 million developer
contribution• Developer funded
Montalvo Annexation application and public outreach
• Barranca Pedestrian Bridge
DA Benefit Comparison
Developer • 25 Year Term• Locked Fee Rate w/cost
index adjustments• Deferred payment of
contribution & fees w w/security
DA Proposal• Barranca & Linear Park
50/50 MAD & General Fund
Park MaintenanceCurrent Policy • Linear Park 50/50
under MAD & General Fund
• Project Parks 100% MAD
Council Direction • Cost Sharing of 3 Project Parks requires est.
annual spending of approx. $30k
Neighborhood Park 1, Central Park & Rec. Field
Recommended Action Direct staff to return with an alternative Draft
Development Agreement as discussed in the report with the modified deal points
AND
Provide staff with specific direction as related to:
Park Maintenance for Recreation Field, Neighborhood Park 1, Central Park in addition to the Linear Park and Brown Barranca parcels being split 50/50 between Maintenance Assessment District and General Fund.
City Council appropriates City’s General Fund spending for ongoing maintenance of the three additional parks.
Parklands Specific Plan 499 dwelling units
Single Family Residential 216
Attached Residential Units 113
Courtyard Housing Units 173
Retail or General Commercial 25,000 Square Feet
Community Building (Private) 6,500 Square Feet
Green Space, Open Space, Parks
11.62 Acres (Approximate)*
* There are approximately 5.84 acres of active recreation, 1.82 acres of passive recreation, and 3.96 acres of sensitive
habitat preserve.
Park Typology