Title
A. RESOLUTION NO. 2017-024 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING A PUBLIC BENEFIT AGREEMENT BETWEEN THE CITY OF CHULA VISTA, FLAT ROCK LAND COMPANY, LLC, AND OTAY LAND COMPANY, LLC
B. RESOLUTION NO. 2017-025 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING A PUBLIC BENEFIT AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND HOMEFED VILLAGE III MASTER, LLC
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RECOMMENDED ACTION
Recommended Action
Council adopt the resolutions.
Body
SUMMARY
HomeFed (representing its subsidiaries; Flat Rock Land Company, LLC, Otay Land Company, LLC and HOMEFED VILLAGE III MASTER, LLC) initiated discussions with the City to determine if there was an interest in exchanging park lands in Villages 4 and 8 West (part of the planned 70-Acre Community Park) for active recreation lands in the Otay River Valley (the western portion of Planning Area 20) (see Attachment 1 - Location Map). Ultimately, HomeFed would like to build housing on a portion of the planned 70-Acre Community Park site. Staff worked with HomeFed to negotiate an agreement that lays out the process for consideration of these land exchanges provided certain conditions be met. If the conditions are met the exchange would trade 35.2 acres of the Community Park Site (Parcels A and B) for 96.7 acres of active recreation lands (Parcels C and D). The specific exchange conditions are detailed in the body of this report and the subject agreements are but the first step in the exchange process. Any final actions on this matter will come back to the Planning Commission and City Council for consideration.
ENVIRONMENTAL REVIEW
Environmental Notice
Environmental Notice
The activity is not a "Project" as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. In addition, notwithstanding the foregoing, the "Project" also qualifies for an Exemption pursuant to Section ...
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