RES 94027 - Laserfiche WebLink

Resolution No. 94-27 Page 2 WHEREAS, the initial number of units from developers proposing to participate in the Modified Program (together with units from non-participating developers) totalled 701 units for 1994, 746 units for 1995, 590 units for 1996, 251 units for 1997, 150 units for 1998 and 96 units for 1999; and WHEREAS, in December, 1993, a Council Committee (Mayor Tarver and Vice Mayor Dennis) reviewed these totals and felt that the numbers were in keeping with the intent and goals of the Medified Program; and WHEREAS, since the City received the initial requests for reallocation, three developers have requested changes: A-M Homes, by reverting its property to acreage, has terminated its growth management agreement with the City and its 47 units (24 in 1994; 23 in 1995) have dropped out; Ahmanson Developments (Laguna Oaks, Unit A) has sold its project to Davidon Homes and Davidon Homes has requested only 31 units for 1994, retained 66 for 1995 and requested 50 in 1996 and 14 in 1997; and Prudential (Spanish Oaks) has indicated that it will move its 231 units in 1995 to 1997 if to do so will create room in the Growth Management Program to accommodate Signature Properties' project in Hacienda Business Park, provided, however, that if that latter project is not granted growth management approval, Prudential requests its original reallocation (in 1995) be honored; and WHEREAS, in addition to the projects to which the Modified Program is applicable, the developers of the F-xluus Heights project (the Yees) have also requested to include their six unit project in the Program, with the units to be reallocated to 1997; and WHEREAS, developers participating in the Modified Program have or will have subdivision agreements, the terms of which should be consistent with the growth management realistion schedule; and WHEREAS, the City has received, or is expected to receive, from each participating developer a growth management agreement, or an amendment to an existing growth management agreement, to coincide with the proposed reallocation of growth management approvals; and WHEREAS, the Modified Program has a provision concerning custom lots which prohibits custom lots from being sold until the public improvements are completed; and WHEREAS, several custom lot developers have expressed to the City that this prohibition may present a practical problem for them and staff has recommended that this part of the Program be referred to the Council Committee for further review and study; and WHEREAS, on March 1, 1994, the City Council conducted a public hearing on the proposed reallocation, as modified, at which time the Council considered the staff report and recommendations and all other relevant information; and