TO: LINDA REICH, CITY MANAGER
FROM: HYE JIN LEE, PE, DIRECTOR OF PUBLIC WORKS
SUBJECT
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Public Improvement Agreement with Hillsborough Phase III, LLC.
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RECOMMENDATION
Approve Public Improvement Agreement and securities with Hillsborough Phase II, LLC for Site Approval PL16-0357 and authorize the City Manager to execute the necessary documents on behalf of the City.
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FISCAL IMPACT
There is no direct fiscal impact to the City.
CITY OF CHINO MISSION / VISION / VALUES / STRATEGIC ISSUES
The recommendation detailed above will further the City's values and strategic issues that serve as key pillars on which identified priorities, goals, and action plans are built, by fostering:
* Positive City Image
* Responsible Long-Range Planning
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Expenditure:
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BACKGROUND
The Hillsborough Village development consists of a 196-unit senior citizen apartment complex (Existing Development), which was approved by the City Council on September 3, 1985. The Existing Development is shown outlined in red in Exhibit 1. Hillsborough Phase III, LLC ("Developer") desires to construct an addition to the Existing Development, which will include a three-story, 62-unit senior citizen apartment complex, including affordable housing units ("Project") on an undeveloped lot adjacent to the Hillsborough Property outlined in blue in Exhibit 1, located at 11930 Central Avenue. This undeveloped parcel consists of approximately 1.42 acres ("Property") specifically shown in Exhibit A, of the attached Public Improvement Agreement ("Exhibit 2").
In 2001, Measure U was approved by the voters of the City to allow for a change to the land use designation for an 11-acre site to provide for senior citizen housing. The 11-acre site subject to Measure U consists of the area located on the west side of Central Avenue, north of the Pep Boys Auto Parts store a...
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