8I Consent 2010 0301 - Laserfiche WebLink

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Final Subdivision Man, Tract 8010 2 March 1, 2010 is owned by the City. A separate staff report and resolution will be used to approve the sale of the City property to the Chang Income Property Partnership prior to recordation of the Final Map. The low income housing project that is proposed for Lot Two is anticipated to be built by BRIDGE Housing and funded in part by the City. A separate staff report and resolution will be used to approve the City's participation in this portion of the development. The BART parking garage that is proposed for Lot Three, the low income housing project that is proposed for Lot Two, and many of the required improvements and in-lieu fees are anticipated to be funded, in part or whole, by a grant from the State of California. The City, along with the Developer and BRIDGE Housing, is a co-applicant for these grant funds. Separate staff reports and resolutions will be used to approve the City's participation in the grant and specify how the grant funds will be used. In the event that the grant funds are not available for this project, the Developer may wish to rescind this Final Map, the Subdivision Improvement Agreement and the entitlements created by the Vesting Tentative Map. Such action is known as reversion to acreage and may be accomplished by filing a new map per the Subdivision Map Act. The provisions for accomplishing this action are included in the documents related to the City's participation in the grant. The conditions of approval for the Vesting Tentative Map include permission for phasing of the project, which is accomplished by filing multiple final maps. The submitted Final Map for Tract 8010 creates Lots One and Two in the configuration shown on the Vesting Tentative Map. The land designated as Lot Three on this Final Map is intended to be re-subdivided by a subsequent final map into Lots Three and Four as shown on the Vesting Tentative Map. The Vesting Tentative Map conferred certain entitlements upon the land. Lots One and Two created by this Final Map will maintain the Developer's entitlements for one year after the Final Map is approved, however the Developer may request that the City approve a one year extension to this time. Development rights vested on Lots Three and Four by the Vesting Tentative Map will expire on March 2, 2016 unless a final map is filed or an extension of the Vesting Tentative Map is obtained. This Final Map creates a public access easement and public sanitary sewer easement across Lot One from Martinez Street to Alvarado Street and also dedicates a strip of land 10-feet wide to the City for use as public right of way along West Estudillo Avenue. Where appropriate, the conditions of approval for the Vesting Tentative Map have been assigned to this Final Map as described in the engineer's report and the Subdivision Improvement Agreement. Analysis The City Engineer's Report, which is attached, contains a listing of the Conditions of Approval for the Vesting Tentative Map. The City Engineer has certified that all of the Conditions of Approval have been satisfied or guaranteed by a Subdivision Improvement Agreement.