HomeMy WebLinkAbout13 - BA-011 - Bayview Landing Coastal Commission EntitlementCITY OF NEWPORT BEACH
CITY COUNCIL STAFF REPORT
Agenda Item No. 13
October 14, 2003
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Community & Economic Development, Planning Department
Daniel R. Trimble, Program Administrator
949/644 -3230. drtrimble @city.newport- beach.ca.us
SUBJECT: Appropriation of $100,000 from the Affordable Housing Trust Deposit to
Account #0510 -8080 to pay various legal and consulting fees related to
Bayview Landing Coastal Commission Entitlement.
ISSUE:
Appropriate funds to pay consultant contracts in support of the Bayview Landing
Coastal Commission entitlement process.
RECOMMENDATION:
Appropriate $100,000 from the Affordable Housing Trust Deposit to City Attorney's
Professional Services account.
DISCUSSION:
Background:
The City of Newport Beach, The Related Companies, and The Irvine Company have
agreed in principal on a revised development plan for a 120 unit affordable senior housing
project at the Lower Bayview site as well as a 10 acre park on Upper Bayview. The site is
southwest of the intersection of Jamboree Road and Back Bay Drive. All 120 units will be
affordable and will assist the City in meeting our regional housing requirements. The
conceptual plans for the project have been approved by the City Council, Planning
Commission, and Parks, Beaches and Recreation Commission. The project has been
submitted to the Coastal Commission with a request to be on their November 2003
agenda.
Additional Fund Transfer for Lower Bayview Project
March 11, 2003
Page 2
The $100,000 appropriation to the Professional Services account will fund additional
consultant contracts for legal, entitlement, and lobbying services as it relates to the
Coastal Commission entitlement process. This is in addition to the $100,000 previously
transferred for services related to the City's entitlement process.
Environmental Review:
Not subject to CEQA, as the activity is not a project, as defined in Section 15378(b)(4).
Public Notice:
None Required.
Funding Availability:
The Affordable Housing Mitigation Fund has an approximate balance of 2.5 million
dollars.
Alternatives:
The City Council may choose not to appropriate the funds for this project.
Submitted by:
� utf-,-a, 14a
SHARON Z. WOO
Assistant City M ager
Attachment: Budget Amendment #.
Prepared by:
DANIEL R. TRIMBLE
C & ED Program Administrator
City of Newport Beach
BUDGETAMENDMENT
2003 -04
EFFECT ON BUDGETARY FUND BALANCE:
Increase Revenue Estimates
X Increase Expenditure Appropriations
Transfer Budget Appropriations
SOURCE:
from existing budget appropriations
X from additional estimated revenues
from unappropriated fund balance
EXPLANATION:
NO. BA- 011
AMOUNT; $100,000.00
Increase in Budgetary Fund Balance
AND Decrease in Budgetary Fund Balance
PX No effect on Budgetary Fund Balance
This budget amendment is requested to provide for the following:
To increase revenue estimates and expenditure appropriations from the Affordable Housing Deposit account to pay for fees
related to the Bayview Landing Coastal Commission Entitlement.
ACCOUNTING ENTRY:
BUDGETARY FUND BALANCE
Fund Account
REVENUE ESTIMATES (3601)
Fund /Division Account
0510 5901
EXPENDITURE APPROPRIATIONS (3603)
Description
Description
Privation Contributions /Donations
Amount
Debit Credit
$100,000.00
Signed:
Signed:
Signed:
Services Director
Administrative Apprjral: City Manager
City Council Approval: City Clerk
Automatic System Entry.
%) ?
Date
O
Daly
Date
Description
Division
Number
0510 City Attorney
Account
Number
8080 Services - Professional & Technical $100,000.00
Division
Number
Account
Number
Division
Number
Account
Number
Division
Number
Account
Number
Signed:
Signed:
Signed:
Services Director
Administrative Apprjral: City Manager
City Council Approval: City Clerk
Automatic System Entry.
%) ?
Date
O
Daly
Date