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U-1983-17 (rev)bi °r � � 3 < ��v) City of CHperti"o 10300 Torre Avenue t Cupertino. California 95014 Telephone: (408) 252-4505 OFFICE OF THE CITY CLERK March 14, 1988 P.O. Boa 500 Cupertino, California 95015 Tbwn Centex Properties 21060 Homestead Road O m tino, CA 95014 CITY COUNCIL ACMON - RES0JLr= N NO. 7439 - 19810 PCRIAL PLAZA This will confirm the actions by the City CbursCll at their meeting of Mania 7, 1988 at which the subject resolution vas adopted• The resolnticn accepts a deed for real property at the subject aiklre s, Plus $3,000, for the below market obligation, and releases an enambrance On five wAts in Tract_7575, Town Center Properties. CmmCll also directed that You Pay f all closing costs. A certified ooPy Of the resolution is >:z=10sed- f Sincerely, iMTOM CMNELTUS, CHC CITY CLERK cc: Department of Planning and Develcrimmit Vldovich 1307 S. Mary Avenue Sunnyvale, CA 94087 I< 0 RESOLUTION NO. 7=+39 A RESOLUTION OF THE CITY COUNCIL OF 7R'- C:Tf OF CU?E37:N3 AUTHORIZING ACCEPTANCE OF DEED FOR REAL PRC?ZRTY LDCA7:D AT 19810 PORTAL PLAZA AND $3,000 FOR BELCW Vf,Ra[=T 0BL:C :0': AND RELEASING ENCUMBRANCE ON FIVE UNITS '.R8 '. 73' , TOt:N CENTER PROPERTIES WHEREAS, the City of Cupertino requires developer-4 ca faith , .i belay market obligation for certain residential eevelopments; and WHFREaS, the City Council has reviewed various �et4t a. :aifi2 L this obligation; NOW, THEREFORE, BE IT RESOLVED that the City Council cf t^.a Ci:" o Cupertino hereby accepts deed for real property located at 19310 Portal Plaxa and the sum Of $3,000 from Town Center Properties to fulfill the obiigatior., autt:orizes•rhe rclaaae of encumbrance on five units in Tract 7575, and autherizei the C:t-r Manager and Ciry Clerk to execute the necessary documents. PASSED AND ADOPTED at a regular meeting of the Ciry Casncil of the City at Cupertino this _ 7rh day of t:arch '9381 by the fol;:.ving vote: Vote Members of the Citv Council AYES: Koppel, Plungy, Rogers, Gatto NOES: None a ABSENT: Johnson ABSTAIN: None ATTEST: /s/ Dorothy Corneluis City Clerk APPROVED: 1�/ John M_ Garrn Mayor, City of Cupertino r THIS IS TO CERTIrY THAT THE WITHIN INSTRUMENT IS A TP•UE AND CORRECT COPY OF THE DjUMINAL t7N FILE: IN THIS OFFI CITY CLER' OF THE CITY OF� -CL-0 ERTINO CTTrLEPK r � J 10300 Torre Avenue Cupertino. California 95014 Telephone: (406) 252-a505 21 DEPARTMENT OF IINCITY CLERK Cites of Cuperti"o P.O. Boa 5w Cupertino, California 95015 May 51 1988 JCkm Vidovich Dek= Properties 1307 S. Mary Avemie 1 Swmyvale, CA 94087 r CITY cocw L AcTim - csA=w CSmiam - iiELOW MJU=r RA= IMIR EFOM Mx's will cmfirm the action by the City Murlicii at their meeting of My 2, 1988 at which P_ zn iM No. 7492 providing for optimal methods to satisfy EM housfnq pscgram rrrt'=� im requfrements for C ateau 043ertim vas adopted. A cagy of the resolutiom is enclosed for your infrn�eafieet_ Sirg a y, %, W4 D�ora�t ate, CITY C ERK cbc ox Dgmrtml 3t- of PLumirg and Dmml cgm&t 14 {1 �i tTjjj�� Y (1 11 it F 11 A 11 j1 ItA 11 / N 1 It 1 9 ,t Ilt L E, IIG Tt �i YI If •, � 1tl1 7� l.J VI it IS tj Tl J M 1S O •/ �/ it n ft �� r• q �� p �Iw 1 to y y 1.J () ' to jj 111 N li 1� It M * 4 N1', Y■ it : r !t! a• ci .�'t)' ii 41 ., . ,t . i.t + �� r, 111 1 Il orie , 11 /i • » , t . tt11 tt m r i.r „ r n (J 1 � � t t tS �r Y1 a •IS :.; . N \t � : ` � r.T oft do to ii 41 A{(�"ff ��qN ii• A ) itt`of Tt t w7 ,1 4 to 10 it //1 . . / ;; i, 11 11 li i (�� rt i� i i (Oil /1 )• 1 /t 1 1• 11 •t ( tS 1 i .S 1 11 � �„ A• ea « '�. do MIN 30 h' r Y ,1v 11 N Q . Ib (•1 f1 `'� /1 f1G ,• i) M }I n r YTt to • q to � �� �i ., r .1 i` i 40 1'r. Y �� do! iy�y•yyi a it 1, �',r.w1 •!ii 141r iJ. �� Ah ��� 11� y li t 1'i � Ill. �' � 1• ` is N q 7. 1 .• „ .�/ r•111 a 1 FI 11 f• AI ii b A, Y 20-II+I-83 (Rev) CITY OF CUPERTINO 10300 Torre Avenue Cupertino, California 95014 RESOLL)TIoN No. 2828 Oi' = PLANNING WO SSICN OF THE CITY OF CUJPERTINO IV"" M G APEFOML OF AF¢2iBUM TO SUBC,' fISION 20-IM-83 (Rev) mODnr= ZG OONDITION 21 T WOF TO pULN AN IN-LgIT FEE PAYMENT AS AN AMMMX11VE TO PROVIDING HOUSING UNITS UNDER THE BEWN KUZKET RATE (EMR) ROUSING PROGRW SDCTIod I• FIt7D1NGs VMZMS, the Planning Commission of.. the City of Cupertino received an application for a Tentative Subdivision Map, as described on Page 2 of this Aesolution; and WiF>tMS, the necessary public notices have been given as required by the subdivision and ProceIrral Oecdi amoes of the City of Cupertino, and the Planning Commission bas held at least one Public Hearing in regard to the application; and - UHEMS, the Planning Omnissian finds that the application meets the following requirements: a) That the proposed subdivision map is consistent with the City of Cupertino no General Plan and any applicable Specific Plan. b) That the design or improvement of. the proposed subdivision is consistent with the General Plan and any applicable Specific Plan. c) That the site is physical y suitable for the type and intensity of development ca*emplated under the approved subdivision. d) That the A-m ign of the subdivision or the proposed J prvvements are not likely axe not likely to cause substantial emnxonmental damage nor substantially and avoidably injure fish and wildlife or their, habitat. e) Tat the design of the subdivision or the type of iagsvvemeents associated thereith are rot dpet=ental to the health, safety, peace, morals and general welfare of Persons residing or working in the vicinity of the subdivision. f) That the design of the subdivision and its associated improvements will not aon:2iet with easements acquired by the public at large for access through or use of p Verty within the proposed subdivision. raW nnUK No. 2828 (20.Of-83 Rev) 07/14/86 Page - 2 - NOW, , BE IT RESOLVED: That upon cm it consideration of eodibits, facts, testimony and other evidence suhnitted in this matter, the applicatim for Amermtxnt 'of Conditions imposed upon a previously -approved Tentative Subdivision Map is hereby this Resoles beginning an Page 2 tthereof; and ect to the ooa�ditia¢m3 enumerated in BE IT FLIaE[ R RESOLVED: That the 41}: usi c ns upon udnich the findings' and conditions specified in this FANKautim are based axe contained in the Public Bearing Record =xxnjing Application 20Jnf-83 (Rev) , as set forth in the Minutes of the Plwmning Cc= gait n Meeting of July 14, 1986, arrd are incorporated by reference as thoucb fully set forth herein. II) c) Applicatim No(s) 20-7"3 (Revised) Applicantl Town Clesster Prooexties/De AnZa Prooesties property owner: MaM center Properties Location: Fast of Torre Avenue between Stevens CcE�eJC Boulevard and Rodricm s Aver=e I3X) trsmrrnM pro BE ADMnMS EKED BY THE PLVOM1G TIEPAR"W4T 1) BEEM MRI= RAT£ HMSMG PROC�iJ►tt The applicant shall participate in the City's Below Mar]aet Rate (WW Housing PtvpnzxL, r+e*dxed under Condition 21 of Subdivision Nap 20-Oi83 (Rev). However, said Condition 21 is hereby amended to a11w the agx liaaart the option to fulfill the BM participation abligaticn in either of the following ways: a) pmwift the xwZaired n neber of actual housing units b) pay to the City of 04mwtim an in -lieu fee based on one-half the fee total resulting (roe application of the following fczmla to the rental unit portions of the development: Total Frew = [ (Ya- Units @ R%q x (MmImt. Rent - FM) x 12 mo. x 10 yr) t [(No. Units @ 30%/80% of Median Rent) x (Hark= Rent - 39"0t of Median Rent) x 12 mo. x 10 yrj Rcsori PI v No. 2828 (20-K-83 Rest) 07/14/86 Page - 3 - 1) (Ox*'d) Zbe Owwahip tacit porticn of the subject devnlcEaw* shall be subject to an in -lieu fee based on the following fcrau].a: P1ae Par Emit - Sales Price - [ (Sq. Ft. x $70/sq. ft.) + $30,000 Land Cost] (The terms of the formula are described in the staff Report dated July 14, 1986) If the applicant elects to pay the BM in -lieu fee, the Plw=ing Director shall retain the cptian to specify a graduated paymem schedula not to 'exceed two (2) years duration. Said graduated paymPssG schedule, and all other terms affecting the in -lieu payment, shall be embodied in a recorded agraem$st utiich shall be subject to Prier approval by the City Att=W. 2) PIUMAll other conditions of Subdivisim 20-1M-83 (Iisv), as CmItained In the City Cm=il Action letter dated Much 1, 1984 shall remain in Sill lame and effect. PAS= AND ADOPTED this 14th day of July, 1986, at a regular malting of the Plassting 4zmission of the City of Cupertino, State of Califc=lda, by the following rou call vote: AYES: Adams, Claudy, MacKenzie, and Chairman Szabo NAYS: CM2IISSICNERS: None ASSTUN: Off: None ABSENT: C0N Sorensen ATTEST: APPHNED: /s/ Robert Cowan /s/ Nicholas Szabo Nicholas Szabo, Chainon Platati:r Coomisaiot CITY OF CUPERTINO 27-Z-81 10300 Torre Avenue Cupertino, California 95014 R=W1I0N NO- 2929 OF Y•r PLANNIM COMUSSION OF ME CM OF •r • ra r • FdXXMWMG AMMML• " AMOSM • MCM ACTION ON I: MMUAS, the attached application has been submitted to the City of .Vertino for modification of condition imposed upon a previously approved Planned Development rezoning, as described on Page 2 of this Resolution; and WHWA.S, the Planning ommi ion has helrl a duly-natiosd Public hearing in regard to the subject request for modification of zoning Conditions: and k NOW, THEMEMM, BE IT RESOLVED: That the Planning Commission finis that the proposed modification of zoning ocndit nns: - Promotes the attai*+ent of the Conamity's affordable houni4 objectives as stated in the General Plan Housing Elemesnt. That after careful consideration, of IDdpg, facts, exhibits, testimony and other evidence submitted in this matter, the applicatio t for Turing Condition modification is hereby reOcamended for approval, subject tid the condition which are emmerated in this Resolution begin2iM on Fbge 2 thereof; and That the s,bco,rlusicns upon which the findings and +conditions specified in this Resolution are based and contained in the Public Hearing rsoorI concerning Application 27 Z-81 as set froth in the ?brutes of the Planning Coami ssi ran Ming of July 14, 1986, and are inooporated by reference as t#= gh fully set forth herein. RFSOIU cu NO. 2929 (27-Z-81) 07/14/86 Page - 2 II) APPLICATION FPl'ICdi ti Application No(s) 27-Z-81 Applicant: Tovm Center ProUerties/De Ama Prrxiertles Property Owner: es IDcarion: East of Torre Avenue between Creek Boulevard and Rodrigues Avenue III) CONDITIONS 70 BE AUMDaSTE O BY THE PLANNDr. DEPAi7II IINP 1) BEIDW MARKED RATE ii00SIM PROGRAM The applicant shall participate in the city's Below MarImt Rate (BMR) Housing Program, required under Candition 16 of Zoning Action 27-Z-81. However, said Onuditian 16 is hereby amended to allow the applicant the option to fulfill the BMR participation obligation in either of the following ways: A a) Provide the required number of actual housing unite b) Pay to the City of Cupertino an in -lieu fee based on arse-balf the fee total resulting from application of the following formula for the rental portion of the subject development: i Total Fee - [(No. Units @ FMR) x (Market Rent - IM) x 12 mo. x 10 yr] + [(No. units @ 303/SG% of Median Rent) P x (Market LIr - 3G%/8G% of Mediar.Rent) x 12 mo. x 10 yr] 4he Ownership unit portion of the subject development shall be subject to an in -lieu fee based an the following famaa: Fee Per Unit - Sales Price - [(Sq. Ft. x $70/sq. ft.) + $30,000 Land Cost] (Toe t- of the folsula are described in the Staff Report dated Jury 14, 2986) If the applicant elects to pay the EM in -lieu fee, the Planning Director shall retain the option to specify a graduated payment dull not to a=sed two (2) years duration. Said graduated payment schedule, and all other t!-- affecting the in -lieu payment, shall be embodied in a recorded agreement which stall be subject to prior apXwal by the City Attorney. It RFSounmw No. 2929 (27-L-81) 07/14/86 Page -3- 2) All otber cm3ditions of 7anitg Action 27-Z-81, as oa twined in the City caalcil Aeticn Satter dated ftbxnary 23, L982 ,hall remain in full f=ce and offect. PASSED AND ADW= this 24th day of Mly, 2986, at a XOWI r neetiM of the P2mming Commission of the City Of 04pe:tino. State of e%iifa—fa, by the lollwing roll can wta: AYES: Cam: Adams, Cloudy, MacKenzie, and Chairman Szabo NAYS: : hone AEIsup: cam: None ABSENT: : Sorensen Is/ Nicholas Szabo xIcbOLmm Ste. tbmi� PUnaing Ommimmim CITY OF CUPERTINO 17-U-83 (Rev) 10300 TarM Avemaa 04pertino, California 95014 resc lrEff No. 2938 (MDVTE CRMW •��•• IJ 1111. \:I' wY ••Ii w• \il" •• y • •i' \:1' -•1 • t The Plaasirg Cmtissien heztaby zso�de that the fella dmg policy be adopts! by the City asmcil: FdzX dedicatien i dswal prof fir s all mt be iapOaed glen fib Hit units am is-lim tee is dbowO = an altocoM.-bow. ibis POLICY is based On the aemaptIm that the is-l3as f s collected tha Intact of ftlfJ11+ the aomadti's afftudmbL haosi� atrjaaMd' , and at oal8 not iagrae additiceal Cbllgodg s t>itm the amschd dwtapME.. MR9M AD r " 'r this UM &V nit JbW, DW, at a =W&TAw among of t3» PiaMIOg QaNa "M at the City Of CuPoLtba, State of M14fam=, by the Wilad toll Ost1 voles AM: : Adasa, Claudy, Mactenzia and Chairman Szabo to=: Sao* J!CMMMsffMCMwM NO" 1ffinw: TRW F I Sore m i.1 R�r—�y !a! Xjc-ha2a4 Szabo 796wt C Mn 91CM ale MOD • Clailwn PIMMIM wMector Plmrdm coonimsim RESOU:nmw no. 2827 (17-U-83 Rev) 07/14/86 Page - 2 - II) APPrTcA NICK Applitatioti No(S) 17-U-83 (Revised) Applicant: Town Center B33Vrties/De Anza Ptaoerties Property owner: Town Center pmoerties rnratinn: East of Tbrre Avenue between Stevens CCee]c Boulevard and Rodriaues Awwue In)QW=CW TO BE ADMMnMW DEPARTMi2rP 1) MST RAT= HOUSING The applicant aba11 participate in the City's Below Market Rate (BW Housing Prow=6 required taxer condition 21 of Use permit 17-0-43 MAW). Hamomw, said Oxdition 21 is bexeby amwded to alloit the applicant the optfat to fulfill the EHR p ti�,r�n abiigatian in either of the follamirsl ways: a) Provide the regaired ntsbe of actual bousirq units b) Pay to the City of oapestfm an in -lien fee based on ons4ialf the flee total resultttg fta application of the fallowing *--!I- for the rental potion of the subject development: Total Faes - [ (Ma. Units ¢ IM x (2ot rent - FM) x 12 no. x 10 Yr) + E (No. L' MI ! 30VM of Median iwit) x (Nuftt Sent - 3G%4M of Median rent) x 12 w. x 10 Yr), Tice OWAC0 sig tacit portion of the subject develcpmait shall be subject to an 3n- 2iai fee based on the fntlowire fdrulla: Pas Pet' Unit - Sales price - [ (Sq. Ft. x $70/sq. ft.) + S", a700 Land Cost] (Tile teis of the ft—Ia axe described in the Staff Report dated July 14, 19") If the fol io -1ecTs to pay the Blst in -lieu fee, the Planning Dixo or shall retain the options to specify a graduated payment Schedule not to esoead two (2) Years durations. Said graduated p gmmt schedule, and all other t--- affecting the in -lieu peayes nt, sda1.1 be embodied in a recorded agreement uihic h shall be subject to prior appxvval by the C7ty Atraxlleq- I7PZCtl TA. 2827 (17-ti-m Iwj 07/14/86 Ae"l3 r $ 1 2) n= QMCOM! All other awditimss of Caa Pamit 17-0-83 (Raw) , as cmittained. in t� City �ir'G. IM � dated2., LUS d3all € remain in full focoe and etvac�_-. { PASS® AM ADW= this loth day of Jlsly, 1986, at a regular meeting of p the Mmminq Coanissia: of the City of Q*fttino, State of Celitaxnis, by the follzwlM roll call vobs: AYES: CCENZ9mam; Adams, Claudy. MacKenzie, -and Chairman Szabo _= NM: None F` ABH49WCS C N None ABBPHI'•r = Sorensen ATMIST: AFMWVID: /s/ Robert Cowan Isl Niebolas Szabo AG1bert Omm Rkralas BOW, Cbaitean Plamim DdTrGmt Pla=21M oadsairan 1 1j•