Corona

City Council

September 17, 2025 Order of Business 8 #3

Agenda Item 3

8.3\na.\nApprove the Affordable Housing Density Bonus Agreement 2024-0001 as recommended by\nthe Planning and Housing Commission.\nb.\nAuthorize the City Manager, or their designee, to execute the Affordable Housing Density\nBonus Agreement between the City of Corona and Meritage Homes of California, Inc.\nc.\nNotwithstanding Corona Municipal Code Section 17.87.090, direct the Affordable Housing\nDensity Bonus Agreement to be recorded in the Official Records of the County of Riverside\nbefore the recordation of Tentative Tract Map 38934.\nTENTATIVE TRACT MAP 38934 TO SUBDIVIDE 2.86 ACRES FOR RESIDENTIAL CONDOMINIUM\nPURPOSES LOCATED AT 1717 VIA DEL RIO IN THE R-3 MULTIPLE-FAMILY RESIDENTIAL ZONE\n(APPLICANT: MERITAGE HOMES OF CALIFORNIA, INC.)\nNot an Advertised Public Hearing\nThat the City Council approve Tentative Tract Map 38934 based on the findings and conditions of\napproval as recommended by the Planning and Housing Commission.