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HomeMy WebLinkAbout2006-04-25 - AGENDA REPORTS - FM APPROVAL TM 62464 (2)CONSENT CALENDAR DATE: SUBJECT: DEPARTMENT: Agenda Item: 9 CITY OF SANTA CLARITA RtI Did 1XII t1 *113 City Manager Approval: Item to be presented by: April 25, 2006 TRACT MAP NO. 62464 (CONVERSION TO RESIDENTIAL/COMMERCIAL CONDOMINIUMS - SOUTHWESTERLY CORNER OF MCBEAN PARKWAY AND MAGIC MOUNTAIN PARKWAY) - APPROVAL OF FINAL MAP Public Works 1. City Council approve Tract Map No. 62464 (Conversion to residential/commercial condominiums - southwesterly corner of McBean Parkway and Magic Mountain Parkway); 2. Make findings as follows: (a) that this project is consistent with the provisions of Sections 66424, 66427, 66474, and 66474.1 of the Subdivision Map Act and should be approved, and (b) that this proposed subdivision, together with the provisions for this design and improvement, is consistent with the General Plan required by Article 5 (commencing with Section 65300) of Chapter 3 of Division 1 of the Government Code, or any specific plan adopted pursuant to Article 8 (commencing with Section 65450) of Chapter 3 of Division 1 of the Government Code; 3. Instruct the City Treasurer to endorse the Special Assessment Certificate on the face of Tract Map No. 62464, which indicates that all special assessments levied by the City have been paid; 4. Instruct the City Clerk to endorse the Certificate on the face of Tract Map No. 62464, which embodies the approval of said maps and the acceptance of the dedications shown thereon; and 5. Instruct the City Engineer to endorse the Certificate on the face of Tract Map No. 62464, which provides for verification of substantial conformance with the Tentative Map and all provisions of local ordinances and state laws applicable at the time of approval. At - PPILF10 IJ, E I BACKGROUND Tentative Tract Map No. 62464 (Conversion to residential/commercial condominiums - southwesterly corner of McBean Parkway and Magic Mountain Parkway) was deemed to be in substantial conformance with the principles and standards required by the Unified Development Code and approved by the Planning Commission on May 17, 2005. The map consists of approximately 7.86 acres located at the southwesterly corner of McBean Parkway and Magic Mountain Parkway, and is owned by Prado Town Center West, LLC, a Delaware Limited Liability Company. The map is a subdivision of a portion of Parcel 2 of Parcel Map No. 20795, and is creating one lot and converting the existing mixed use development of 341 apartment units and 7,662 square feet of commercial area to air space condominium units. Water rights have been secured for the lot. Quimby and Transit impact fee requirements were satisfied prior to occupancy of the original apartment units (the Lodge at Town Center). Bridge and Thoroughfare (B&T) fees totaling $372,713.00 (the difference between the previously paid apartment rate of 0.7 and the condominium rate of 0.8, per current Valencia B&T District fees) have been fully satisfied, as stipulated in the Conditions of Approval. The conditions set by the Planning Division staff have been met, and fees and the map have been checked to the satisfaction of the City Engineer and are ready for City Council approval and acceptance of the dedications. ALTERNATIVE ACTIONS Staff has not identified any alternative actions that would conform to requirements set forth in the Subdivision Map Act. FISCAL IMPACT No new public streets are being dedicated to the City by this map. No impact will be made to the City's Street Maintenance Budget. The developer is contributing the following amounts for the purposes described below: Bridge and Thoroughfare Fee: $372,713.00 (Valencia District, Account No. 304-6191) Transit Mitigation Fee: N/A Quimby Fee: N/A ATTACHMENTS Fact Sheet Exhibit Map FACTSHEET Location: The southwesterly corner of McBean Parkway and Magic Mountain Parkway. Acreage: Approximately 7.86 acres. Number of Lots: One lot — and converting the existing mixed use development of 341 apartment units and 7,662 square feet of commercial area to air space condominium units. Owner: Prado Town Center West, LLC, a Delaware Limited Liability Company. Trails/Paseos: No new trails are being dedicated to the City by this map. Streets: No public streets are being dedicated to the City by this map. B&T Fee: The project is located in the Valencia Bridge and Thoroughfare (B&T) District. B&T fees totaling $372,713.00 (the difference between the previously paid apartment rate of 0.7 and the condominium rate of 0.8) have been fully satisfied, as stipulated in the Conditions of Approval. Transit Fee: Satisfied prior to occupancy of the original apartment units (the Lodge at Town Center). Quimby Fee: Satisfied prior to occupancy of the original apartment units (the Lodge at Town Center). School Fee: Satisfied prior to occupancy of the original apartment units (the Lodge at Town Center). LJJ:twb S:VWCoUWM24 FW SM .E r- n. 1 1 1 L. to ! i r- n. 1 1 1 L. to !