1991 APR 02 ADJ REG MIN - Laserfiche WebLink

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City Clerk Ramos submitted the Affidavit of Publication and reported that no protests or objections had been received. Community Development Director Aguilera reported that the tract has a long history of review by the Planning Commission and City Council. Three years ago the subdivision was approved as a "small lot" and then one and a half years ago lot size became an issue and Council increased the lot sizes to an average of 6,000 square feet and therefore reduced the number of lots from 120 to 90. Two extensions have been granted. At the time the last extension was granted it was done with the under- standing that no further extensions would be granted. Two alternatives as well as financial impact for each is as follows: 1. If the Council denies the extension, the tentative tract will expire immediately. Financial Impact: The City would not benefit from the bond money which will be collected from the Mello -Roos District of which this tract is a part until such time as someone else files a new tract, at which time, bond proceeds will be available to the City. 2. The City Council could approve a six month extension to allow the Tentative Tract to record. Financial Impact: In allowing the tract with small lots to record the City will begin to receive the bond proceeds within a few months. Open Discussion was held. Council Member Roman referred to letter dated 2/22/91, from Pacific Coast Properties in regards to PDC Housing Group seeking a two year extention in 6/90 without their knowledge and a six month extension was granted by the Planning Commission until 2/26/91. Mr. Aguilera explained that an extension had been requested by PDC Housing Group. Mr. G.T. Le, President, Pacific Coast Properties, Inc., 950 W. 17th St., Suite C, Santa Ana, stated three years ago Pacific Coast was prepared to present to the Council a final map for recordation for approval. Now three years later we are $1 million in the hole and in backruptcy. This is due to the continued delays by the City. Because of the continued delays developers have backed out. Before the final map could be ap- proved by Council the City set a 45 day moratorium against small lots. Mr. Le explained since that time he has continued to work with the City to correct any problems regarding delays. Mr. Le felt that while he cooperated with City requirements, problems arose every time he sub- mitted what was necessary. This was a constant problem that arose in working with the previous City Manager, Ms. Leslie Keane. Mr. Le alluded to possible political interference. He commended the present City Manager, Mr. Sotelo, as things have progressed and delays have not occured; however, yet again today he was informed that Forecast Develop- ment had backed out. 7 APR 2 1991