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HomeMy WebLinkAbout19-20 CC Resolution RESOLUTION NO. 19-20 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPROVING THAT CERTAIN AGREEMENT ENTITLED EXCHANGE AGREEMENT AND JOINT ESCROW INSTRUCTIONS BETWEEN THE CITY OF TEMECULA AND TRI POINTE HOMES, INC. (LOT 87 EASEMENT AND DRAINAGE EASEMENT) THE CITY COUNCIL OF THE CITY OF TEMECULA DOES HEREBY RESOLVE AS FOLLOWS: Section 1. Findinss. A. The City of Temecula ("City") and Tri Pointe Homes ("TPH") wish to exchange easements on their respective parcels for their mutual benefit in connection with TPH's proposed Cypress Ridge Development (Tentative Tract Map No. 37021, PA15-1892, PA 15-1893, PA15- 1894, and PA15-1895) and the City's previously constructed drainage improvements pursuant to CIP Project Number PW99-11SD. The Cypress Ridge Development was approved by the City Council on September 5, 2017 pursuant to City Council Resolution No. 17-61. B. The City is the record fee owner of that certain approximate 4,791 square foot(0.11 acres)vacant real property referred to as Lot 87 of Tract Map Number 21067(TTM 21067)located in the City of Temecula as Riverside County Tax Assessor's Parcel Number 961-450-003 ("Lot 87") pursuant to that certain Corporation Grant Deed recorded on March 3, 1992 as Document Number 072161 of Official Records of the County of Riverside ("Lot 87 1992 Grant Deed"). Pursuant to the Lot 87 1992 Grant Deed, Kingsway Construction Company conveyed to the City its interest in Lot 87. C. Lot 87 was originally identified on Tract Map 21067 for maintenance, repair, re- construction of drainage improvements, access or other related improvements. It was conveyed to the City in fee pursuant to the Lot 87 1992 Grant Deed. Several exceptions, including a Park Agreement recorded on March 3, 1992 as Document Number 72162 of Official Records of the County of Riverside ("Park Agreement") and an Agreement Regarding Proposed Stream or Lake Alteration between the State of California Department of Fish and Game and Kingsway Construction Company recorded on March 3, 1992 as Document Number 72163 of Official Records of the County of Riverside("Stream Alteration Agreement") are recorded against Lot 87. Pursuant to said Park Agreement, Kingsway Construction Company agreed to convey to the City certain parcels, including Lot 87, Lot 88, and Lot 89 of Tract Map 21067, free and clear of liens and encumbrances and subject to the provisions of the Park Agreement and the Stream Alteration Agreement. Lots 88 and 89 are improved with the Pala Community Park. Lot 87 was not used for park and recreation purposes in connection with Lots 88 and 89 because of its small approximate 4,791 square foot irregular size and separation from Lots 88 and 89 by a public street, and it is not feasible to use Lot 87 for park purposes based on these factors. D. TPH is the record fee owner of that certain vacant real property located in the City of Temecula, County of Riverside, State of California, commonly known as 45100 Pechanga Parkway,Temecula, and identified as Riverside County Tax Assessor's Parcel Numbers 961-450- 012-6 and 961-450-013-7 ("TPH Larger Parcel"). E. TPH wishes to acquire from the City a permanent easement for drainage purposes, including a water quality bio-retention basin, on the City's Lot 87 in connection with TPH's proposed Cypress Ridge Development. The approximate 4,791 square foot drainage easement on Lot 87 that TPH wishes to acquire from the City is described more particularly on Exhibit"A-1" and depicted on Exhibit"A-2"to the Exchange Agreement(referred to below as"Lot 87 Drainage Easement"). Said use for storm drain purposes is consistent with the original use shown on TTM 21067 for Lot 87 for maintenance, repair, re-construction of drainage improvements, access or other related improvements. F. In exchange for, and in consideration for, the Lot 87 Drainage Easement, TPH desires to convey to the City and the City wishes to acquire from TPH an approximate 6,488 square foot easement(referred to below as"Easement Parcel")on the TPH Larger Parcel for a public use, namely storm drain purposes and all uses necessary or convenient thereto. The Easement Parcel is located on the TPH Larger Parcel at the northeast corner of the intersection of Pechanga Parkway and Loma Linda Road,and is described more particularly on Exhibit`B-1"and depicted on Exhibit "B-2"to the Exchange Agreement. Pursuant to the Exchange Agreement,TPH acknowledges that after Close of Escrow, the City may transfer to the Riverside County Flood Control and Water Conservation District the City's interest in the Easement Parcel. G. TPH's predecessor-in-interest,RC Pechanga 20,LP,a Delaware limited partnership obtained a fair market value appraisal of Lot 87 and the Easement Parcel based on a date of value of May 9, 2016. The appraisal indicated a fair market value of$26,600 for Lot 87 and $27,400 for the Easement Parcel. H. The City and TPH wish to exchange easements on their respective parcels for their mutual benefit. Condition 43 of the Cypress Ridge Development required that the Developer process the required documents for the exchange of easements contemplated in the Exchange Agreement. Condition 44 required that the Developer provide a drainage easement on the Easement Parcel. Accordingly,pursuant to the Exchange Agreement, TPH wishes to acquire the Lot 87 Drainage Easement on the City's Lot 87 in connection with TPH's proposed Cypress Ridge Development. The City wishes to acquire the Easement Parcel on the TPH Larger Parcel for a public use, namely for certain storm drain improvements, and all uses necessary or convenient thereto previously constructed by the City on said Easement Parcel pursuant to CIP Project Number PW99-11 SD. No exchange of monies are a part of this Exchange Agreement because the fair market value estimates are similar and the exchange is of mutual benefit to the parties. The Exchange Agreement constitutes an all-inclusive settlement and payment of just compensation for the City's acquisition of the Easement Parcel and Tri Pointe Homes acquisition of the lot 87 Drainage Easement. Section 2. Approval of Exchange Agreement. The City Council of the City of Temecula approves that certain agreement entitled Exchange and Joint Escrow Instructions Between the City of Temecula and Tri Point Homes, Inc. (Lot 87 Easement and Drainage Easement) ("Exchange Agreement"), with such changes in the Exchange Agreement as may be mutually agreed upon between the City and Tri Pointe Homes, Inc. as are in substantial 2 conformance with the form of Exchange Agreement on file in the office of the City Clerk. The Mayor is hereby authorized to execute the Exchange Agreement on behalf of the City. A copy of the final Exchange Agreement, when executed by the Mayor, will be placed on file in the office of the City Clerk. Section 3. City Manager's Authority. The City Manager(or his designee),is hereby authorized, on behalf of the City, to take all actions necessary and convenient to carry out and implement the Exchange Agreement, and to administer the City's obligations,responsibilities and duties to be performed under the Exchange Agreement, including but not limited to, approval and execution on behalf of the City of the Grant of Drainage Easement, Grant of Permanent Easement and other similar agreements and documents as contemplated by or described in the Exchange Agreement or as necessary and convenient to implement the Exchange Agreement and to effectuate the grant of the Subject Easements contemplated therein, including but not limited to escrow instructions and related documents to effect the transfer of the Subject Easements contemplated by the Exchange Agreement. Section 4. Environmental Review. The environmental effects for the exchange of the real property interests contemplated in the Exchange Agreement were studied as an integral part of the environmental review for the Cypress Ridge Development, which was approved on September 5,2017 pursuant to City Council Resolution No. 17-61. The findings made by the City Council at its meeting on September 5, 2017 in approving City Council Resolution No. 17-59, A Resolution of the City Council of Temecula Certifying the Final Environmental Impact Report, Adopting Findings Pursuant to the California Environmental Quality Act, Adopting a Statement of Overriding Considerations, and Adopting a Mitigation Monitoring and Reporting Program for the Cypress Ridge Project, Consisting of Approximately 22.73 Acres, Generally Located on the Northwest Corner of Pechanga Parkway and Loma Linda Road are the appropriate findings for the exchange of the permanent easement on Lot 87 and the Drainage Easement contemplated in the Exchange Agreement. Condition 43 of the Cypress Ridge Development required that the Developer process the required documents for the exchange of easements contemplated in the attached Exchange Agreement. Condition 44 required that the Developer provide a drainage easement on the Easement Parcel. The findings made by the City Council at its meeting on September 5, 2017 in approving Resolution No. 17-59 and Resolution No. 17-61 in connection with the Cypress Ridge Development are the appropriate findings for the exchange of the permanent easement on Lot 87 and the Drainage Easement. In connection with the attached Exchange Agreement, City staff reviewed all of the environmental documentation prepared in connection with Cypress Ridge Development, including, but not limited to Resolution No. 17-59 and the findings set forth therein, Resolution No. 17-61, the Final EIR, Statement of Overriding Considerations, and the Mitigation Monitoring Report. Pursuant to the criteria of Section 15162 of the CEQA Guidelines and Section 21166 of the Public Resources Code, City staff concluded that no substantial changes have occurred in the Cypress Ridge Development, no substantial changes have occurred in the circumstances under which the Cypress Ridge Development is undertaken,and that the City has obtained no new information of substantial importance that would require further environmental analysis, including the fact that no mitigation measures previously found not to be feasible would in fact be feasible. These environmental findings are the appropriate findings with respect to the exchange of the Drainage Easement and the permanent easement on Lot 87. 3 Section 5. Certification. The City Clerk shall certify the adoption of this resolution. PASSED, APPROVED, AND ADOPTED by the City Council of the City of Temecula this 9th day of April, 2019. Michael S. Naggar, Mayor ATTES • Randi Johl, City Clerk [SEAL] 4 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) I, Randi Johl, City Clerk of the City of Temecula, do hereby certify that the foregoing Resolution No. 19-20 was duly and regularly adopted by the City Council of the City of Temecula at a meeting thereof held on the 9th day of April, 2019,by the following vote: AYES: 5 COUNCIL MEMBERS: Edwards, Rahn, Schwank, Stewart, Naggar NOES: 0 COUNCIL MEMBERS: None ABSTAIN: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None Randi Johl, City Clerk 5