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17-0516_ADVANCED GROUP 99-SJ & 03-79-2 (ARES)_D1_PowerPoint PresentationDISTRITO LA NOVIA SAN JUAN MEADOWS DEVELOPMENT AGREEMENT AMENDMENT - DA 17 -002 City Council Applicant Advanced Real Estate Services 1 May 16, 2017 City Council REQUESTED ACTION May 16, 2017 2 An Extension of the term of the current Distrito La Novia/San Juan Meadows Development Agreement. City Council PROJECT LOCATION May 16, 2017 3 City Council 4 Distrito La Novia/San Juan Meadows is a 154 acre, mixed use residential and commercial project intersected by La Novia Avenue. •The Distrito La Novia Site •130 units of condominiums/apartments (interchangeable) •65,000 SF of commercial space •The San Juan Meadows Site •94 single-family residential units •Equestrian facility for boarding up to 500 horses May 16, 2017 PROJECT SUMMARY City Council 5 May 16, 2017 Distrito La Novia Site: 130 Condo/Apt Units and 65,000 SF of commercial and 94 Single-Family Residences and 500 horse equestrian center City Council 6 May 16, 2017 Distrito La Novia (18.7 acres) 130 Units of Attached Housing And 65,000 sq ft of commercial/ retail/office City Council 7 May 16, 2017 DISTRITO LA NOVIA – ARCHITECTURE EXAMPLES City Council 8 May 16, 2017 San Juan Meadows (135 acres) 94 Units of Single-Family Detached Housing And Equestrian Facility for up to 500 horses City Council 9 May 16, 2017 BACKGROUND •November 2010 - City Council approves reduced project entitlements, Vesting Tentative Tract Map, and Development Agreement with 6-year term and automatic 4-year extension provision. • June 2011 - Voters approve “Measure B” upholding City Council’s 2010 reduced project approval. •December, 2016 – After 5 years, Applicant receives final approval from State Regional Water Quality Board for landfill closure plan. City Council 10 May 16, 2017 BACKGROUND (Continued) •April 20, 2017, City confirms there was a “Force Majeure” delay caused by the referendum, making the expiration date of the DA, June 7, 2017. City Council 11 May 16, 2017 DEVELOPMENT AGREEMENT SUMMARY •Establishes Validity of Project Entitlements and related Project EIR . • Requires Developer compliance with San Diego Regional Water Quality Control Board-approved Remedial Action Plan for Landfill Closure. •Requires on-site trail dedication and trail-head staging improvements for public use. •Requires various off-site traffic improvements and/or fair share payments for improvements around project site. City Council 12 •Requires Developer to extend recycled water line to project with over-sizing to accommodate future city needs. •Requires dedication of a water run-off reservoir (size to be determined). •Requires dedication of 26 affordable housing units (4 more units than required by code). •Requires City Council approval of Project Phasing Plan •Allows refinements via an “Operating Memoranda” May 16, 2017 DEVELOPMENT AGREEMENT SUMMARY CONT’D City Council 13 •Project would still move forward as entitlements would remain in place because Vested Tentative Tract Maps remain valid through June 2019. •The various benefits to Developer and City summarized earlier would go away. May 16, 2017 IF DEVELOPMENT AGREEMENT NOT EXTENDED: City Council 14 May 16, 2017 PLANNING COMMISSION RECCOMENDATION On April 25, 2017, the PC recommended that the City Council: •Grant a one-time 4-year extension, as intended in the original DA’s RDA language provision. •Find that said DA amendment is consistent with the previously certified Project EIR . City Council 15 May 16, 2017 Questions