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HomeMy WebLinkAboutORD FOR ADOPTION 02-21-89ORDINANCES FOR ADOPTION ~ .~0. 1 .A~: Febr. uary 21, 1989 ~ '"''' ----"' I WILLIAM A. HUSTON, CITY MANAGER MARY E. WYNN, CITY CLERK ADOPTION OF ORDINANCE NO. 1020 RECOMMENDATION: M. O. - That Ordinance No. 1020 have second reading by title only. M. O. - That Ordinance No. 1020 be passed and adopted. (Roll Call Vote) AGENDA ITEM: ORDINANCE NO. 1020 - AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUSTIN APPROVING SUBDIVISION ORDINANCE AMENDMENT 88-01, AMENDING SECTION 9314, EXCEPTIONS (66412) OF THE TUSTIN MUNICIPAL CODE, TO PERMIT THE ISSUANCE OF A CERTIFICATE OF COMPLIANCE TO CONVERT'A STOCK COOPERATIVE TO A CONDOMINIUM BACKGROUND: Ordinance No. 1020 had first reading by title only and introduction at the February 6, 1989, City Council meeting. MARY E. WYNN, CITY CLERK 1 3 4 5 6 7 8 9 10 11 13 14 15 16 17 18 19 ~0 ~3 24 25 27 28 ORDINANCE NO. 1020 AN ORDINANCE OF THE CIT$ COUNCIL OF THE CITY OF TUSTIN APPROVING SUBDIVISION ORDINANCE AMENDMENT 88-01, AMENDING SECTION 9314, EXCEPTIONS (66412) OF THE TUSTIN MUNICIPAL CODE, TO PERMIT THE ISSUANCE OF A CERTIFICATE OF COMPLIANCE TO CONVERT A STOCK COOPERATIVE TO A CONDOMINIUM. WHEREAS, on February 20, 1989, the City Council of the City of Tustin, California, does hereby ordain as follows: Section 1. The City Council finds and determines as follows: A. A proper application was filed on behalf of the Sycamore Gardens Homeowner's Association requesting approval of Subdivision Ordinance Amendment 88-01 to permit the City to issue a Certificate of Compliance to convert a Stock Cooperative to a Condominium. Public hearings before the Planning Commission and City Council to consider proposed Subdivision Ordinance Amendment 88-01 were duly called, noticed and held on Monday, January 9 and February 6, 1989, respectively. C. A Negative Declaration has been prepared in conformance with the California Environmental Quality Act; no significant, adverse impacts are associated with this Subdivision 'Ordinance Amendment. D. The subject amendment is in the best interest of the public health, safety and welfare, in that it will simplify the conversion of a Stock Cooperative to a condominium, which is a change in the form of ownership only. E. The subject amendment is consistent with the General Plan and it will not negatively impact the orderly growth and development of the City, as there is only one stock cooperative in the City. Section 2. Section 9314, .EXCEPTIONS (66412) of. the City's Subdivision. Ordinance shall be amended to read as follows: (a) In addition to the exclusions from application of the Map Act specified therein, the requirement of this Chapter shall be inapplicable to subdivisions of four (4) parcels or less for construction of removable commercial buildings having a floor area of less than one hundred (100) square feet (66412.5). (Ord. No. 847, 6-1-81) 1 2 3 4 5 6 8 9 10 11 12 13 14 15 17 18 19 2O 21 22 23 24 25 26 27 28 Ordinance No. 1020 Page two (b) Unless a parcel or final map has been approved by the City Council, the conversion of a stock cooperative, as defined in Section 11003.2 of the Business and Professions Code, to a condominium, as defined in Section 783 of the Civil Code, may be permitted through the issuance of a Certificate of Compliance (with or without conditions), but only if all' of'the following requirements are met: (1) At least 51 percent of the units in the cooperative were occupied by stockholders of the cooperative on January 1, 1981, or individually owned by stockholders of the cooperative on January 1, 1981. As used'in this para§raph, a cooperative unit is "individually owned" if and only if the stockholder of that unit owns or partially owns an interest in no more than one unit in the cooperative. (2) No more than 25 percent of the shares of the cooperative were owned by any one person, as defined' in Section 17,. including an incorporator or director of the cooperative, on JanuarY 1, 1981. (3) A person renting a unit in a cooperative shall be entitled at the time of conversion to all tenant rights in state or local law, including, but not limited to, rights ~respecting first refusal, notice, and displacemnt and relocation rights. (4) The Director of Community Development shall certify that the above requirements have been met. Upon such certification, the Director shall issue the Certificate of Compliance (with or without condi ti ons ). PASSED AND ADOPTED at a regular meeting of the T. ustin City Council, held on the day of , 1989. Ursula E. Kennedy, Mayor Mary Wynn, City Clerk