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HomeMy WebLinkAbout2002-06-25 - AGENDA REPORTS - SAND CYN JOINT VENTURE (2)CITY OF SANTA CLARITA AGENDA REPORT City Manager Approval 444 -- Item to be presented by: Vince Bertoni CONSENT CALENDAR DATE: June 25, 2002 SUBJECT: SAND CANYON JOINT VENTURE PROJECT DEPARTMENT: Planning and Building Services RECOMMENDED ACTION City Council adopt an ordinance which approves Zone Change 97-001 BACKGROUND On June 11, 2002, the City of Santa Clarita City Council conducted a hearing on the Sand Canyon Joint Venture Project which consisted of the City Council approving the Tentative Tract Map 52355 and Tentative Tract Map 53074, associated entitlements and Final Environmental Impact Report prepared for the project. In addition, the City Council introduced an ordinance and passed it to a second reading for tonight's meeting. The ordinance consisted of rezoning the above referenced project from RS (Residential Suburban), RVL (Residential Very Low), and CCPD (Community Commercial — Planned Development overlay) to RS (Residential Suburban), MHP (Mobile Home Park), and CCPD (Community Commercial — Planned Development overlay) zoning. FISCAL IMPACT A fiscal impact analysis was conducted for this project. As proposed, it is estimated that the City will receive an additional $1.8 million in revenues over the first ten years of the project, while expenditures will increase by $600,000. This will result in a net increase in revenues of approximately $1.2 million during the first ten years of the project. Revenue estimations include projections of sales tax generated from the commercial element of the project, and increased property tax associated with the residential component. Expenditures include projections of infrastructure, police, fire, parks and recreation, and other services that must be provided to the area. 4m ed: Agenda Item :� ATTACHMENTS Ordinance S: \PBS \ CURRENT\!1997\ 97-069\AgendaReport97-0690rd.doc PUBLIC NOTICE NOTICE IS HEREBY GIVEN that on June 25, 2002, the City Council of the City of Santa Clarita adopted Ordinance No. 02-6 entitled: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA APPROVING ZONE CHANGE NO. 97-001 (MASTER CASE 97-069) FOR THE SAND CANYON JOINT VENTURE PROJECT SITE LOCATED AT THE NORTHEAST CORNER OF SOLEDAD CANYON ROAD AND SAND CANYON ROAD by the following vote: AYES: Smyth, Weste, McLean, Ferry NOES: None ABSENT: None DISQUALIFIED: Kellar A certified copy of the complete text of the ordinance is posted and may be read in the City Clerk's Office, 23920 Valencia Boulevard, Suite 304, Santa Clarita, and/or a copy may be obtained from that office. Dated this 27th day of June, 2002. Sharon L. Dawson, CMC, City Clerk City of Santa Clarita STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF SANTA CLARITA ) Sharon L. Dawson, being first duly sworn, deposes and says that she is the duly appointed and qualified City Clerk of the City of Santa Clarita and that by Thursday, June 27 2002, she caused a certified copy of the subject ordinance to be posted and made available for public review in the City Clerk's office and a copy of the ordinance summary to be published as required by law. Sharon L. Dawson, CMC, City Clerk City of Santa Clarita