PURPOSE:

Staff is requesting City Council approval of Final Tract Map No. 60668. 

BACKGROUND:

The property covered on Final Tract Map No. 60668 is a one lot subdivision totaling 17,707 square feet located at 461 - 473 East Magnolia Boulevard (location map is attached).  The 18 condominium subdivision will consist of a three story condominium building over a semi-subterranean garage.  The owner is Magnolia Rose Homeowners Association, a California Limited Liability Company. 

ANALYSIS:

On July 30, 2003 through DR 2003-32, the property owners requested City approval to demolish the existing structures over two lots and convert to a one lot, 18 unit residential condominiums with a semi-subterranean parking garage.  Final Tract Map No. 60668 finalizes the condominium subdivision.

All requirements of the State Subdivision Map Act have been met.  The following is a summary of information pertinent to the approval of Final Tract Map No. 60668:

1. The tentative tract map was approved by the Community Development Director on August 12, 2004, pursuant to Burbank Municipal Code Section 27-323 (Director�s Decision on Tentative Map).

2. The Final Tract Map contains 18 condominium units at 461 - 473 East Magnolia Boulevard, which is located in the R-4 Residential Multiple Medium Density zone.

3. This project is Categorically Exempt from the provisions of the California Environmental Quality Act pursuant to Section 15268(b)(3) pertaining to approval  of final subdivision maps.

4. Conditions of approval for Tentative Tract Map No. 60668 have been cleared by the Planning Division for the purpose of Final Tract Map approval.  The condition of approval relating to Covenants, Conditions and Restrictions (CC&Rs) will be satisfied when the applicant submits two recorded copies of the CC&Rs to the Planning Division (applicant cannot record the CC&Rs until this tract map is approved by the City Council and recorded at the Los Angeles County Recorder�s Office).

5. According to the State Subdivision Map Act, chapter 3, article 4, section 66458, and the provisions of Chapter 27 of the Burbank Municipal Code, the City Council must approve Final Tract Map No. 60668 if it conforms to all the requirements.  If such conformity does not exist, the Council must disapprove the map at the meeting it receives the map, or at its next regular meeting.  If the City Council has not authorized an extension to allow more time to disapprove the map, and the map conforms to all requirements, the map shall be deemed approved by operation of law.

RECOMMENDATION:

Staff recommends that City Council approve Final Tract Map No. 60688 owned by Magnolia Rose Homeowners Association, a California Limited Liability Company. 

Att:  Location Map

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