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Pardee-GrossmanCottonwood Canyon_DA 07-19-1990 Canyon Hill
fahe ElslHaze ! 130 SOUTH MAIN STREET LAKE ELSINORE,CA 92330 as CD id DEVELOPMENT AGREEMENT BETWEEN THE CITY OF LAKE ELSINORE AND PARDEE—GROSSM.AN/COTTONWOOD CANYON Tra.cl< s 3 Lf9U 3 �l�IYZ 3 v( 93 � v � 95 2G5632 TABLE OF CONTENTS DEVELOPMENT AGREEMENT BETWEEN THE CITY OF LAKE ELSINORE AND PARDEE-GROSSMAN/COTTONWOOD CANYON Page No. 1. PARTIES AND DATE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2. RECITALS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2. 1 Developer's Interest in Property. . . . . . . . . . 1 2. 2 Development Agreement Fee. . . . . . . . . . . . . . . . . 1 2. 3 Environmental Report. . . . . . . . . . . . . . . . . . . . . . 2 2. 4 Development Approvals— . . . . . . . . . . . . . . . . . . 2 2. 5 Approval of Development Agreement. . . . . . . . . 2 2 . 6 Legal Authority. . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2. 7 consideration. . . . . . . . . . . . . . . . . . . . . . . . . . . o . 2 3 . DEFINITIONS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 4. PROPERTY COVERED. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 5. INTEREST OF DEVELOPER. . . . . . . . . . . . . . . . . . . . . . . . . . 9 6. DURATION OF AGREEMENT— . . . . . . . . . . . . . . . . . . . . . . . . 9 6. 1 Effective Date and Term. . . . . . . . . . . . . . . . . . . 9 6. 2 Scheduling. . : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 6. 3 Periodic Review. . . . . . . . . . . . . . . . . . . . . . . . . . 10 6. 4 Certification of Completion. . . . . . . . . . . . . . . 12 7. VESTED RIGHT. . . o . . . . . . . . . . . . . . . . o . . . . . . . . . . . — 12 7.1 Acknowledgment of Vested Right. . . . . . . . . . . . 12 7.2 No Conflicting Enactments. . . . . . . . . . . . . . . . . 13 7.3 Intent of Parties. . . . . . . . . . . . . . . . . . . . . . . . . 13 [Revised 5-7-90] i 26SG32 8. GENERAL DEVELOPMENT OF THE PROJECT. . . . . . . . . . . . . 14 8.1 Project. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 8.2 Phasing of Developments. . . . . . . . . . . . . . . . . . . 15 8.3 Reservations or Dedications. . . . . . . . . . . . . . . 15 8.4 Administrative Changes and Amendments. . . . . 16 9. RULES, REGULATIONS AND OFFICIAL POLICIES. . . . . . . 17 9. 1 Effect of Agreement on Land Use Regulations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 9.2 Modified Rules. . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 9.3 Fees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 9.4 Comparative Evaluation. . . . . . . . . . . . . . . . . . . . 21 9.5 Subsequent Actions and Approvals. . . . . . . . . . 21 9. 6 State and Federal Laws. . . . . . . . . . . . . . . . . . . . 21 9.7 Unforeseen Circumstances. . . . . . . . . . . . . . . . . . 23 10. COOPERATION AND COVENANT OF FURTHER ASSURANCES. 24 10. 1 Third Party Actions. . . . . . . . . . . . . . . . . . . . . . . 24 10.2 Further Assurances. . . . . . . . . . . . . . . . . . . . . . . . 25 10.3 Processing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 10.4 Governmental Permits. . . . . 26 10.5 Financing of Public Facilities and/or Services. . . . . . . . . . . . . . . . . . . . . . . . . 26 10. 6 Utilities Coordination. . . . . . . . . . . . 28 10.7 Covenant of Good Faith and Fair Dealing. . . 28 10.8 Stephens Kangaroo Rat. . . . . . . . . . . . . . . . . . . . . 28 11. PERMITTED DELAYS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 12 . ESTOPPEL CERTIFICATES. . . . . . . . . . . . . . . . . . . . . . . . . . 29 13. RECORDATION BY CITY CLERK. . . . . . . . . . . . . . . . . . . . . . 30 14 . DEFAULT. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 14 .1 Events of Default. . . . . . . . . ... . . . . . . . . . . . . . . 30 14 .2 Default by City. . . - . . . . . . . . . o - . . . 32 14 .3 No Waiver. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 14 .4 Effect of Termination. . . . . . . . . . . . . . . . . . . . . 32 15. ENFORCED DELAY AND EXTENSION OF TIME OF PERFORMANCE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 16. APPLICABLE LAW. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 17 . NO JOINT VENTURE OR PARTNERSHIP. . . . . . . . . . . . . . . . 33 18. ADDRESSES FOR NOTICES. . . - - o . . . . . oo - o . . . . . . 34 [Revised 5-7-90] ii 265632 19. ASSIGNMENT AND NOTICE. . . . . . . . . . . . . . . . . . . . . . . . . . 35 20. ENCUMBRANCES AND RELEASES OF REAL PROPERTY. . . . . 36 20. 1 Discretion to Encumber. . . . . . . . . . . . . . . . . . . . 36 20.2 Subordination to Liens and Conveyances. . . . 37 20.3 Entitlement to Written Notice of Default. . 37 21. AFFORDABLE HOUSING. . . . . .. . . . . . . . . . . . . . . . . . . . . . . 37 22. CONSISTENCY FINDING. . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 23. CONSENT OF OTHER PARTIES. . . . . . . . . — . . . . . . . . . . . 38 24. RELEASE. . . 39 25. OPERATING MEMORANDA. . . o — o - o — o . . . . . . . . . . . . . . . 39 26. INSTITUTION OF LEGAL ACTION. . . . . . . . . . . . . . . . . . . . 40 27. INDEMNITY. . . . . . . . . . . . . . . . . . . . . . . — . . . . . . . . . . . . 41 28. INSURANCE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 29. TERMS AND CONDITIONS. . . . . . . . . . . . . . . . . . . . . . . . . . . 42 29. 1 Entire Agreement. . . . . . . . . . . . . . . . . . . . . . . . . . 42 29.2 Signature Pages. . . . . . . . . . . . . . . . . . . . . . . . . . . 42 29.3 Time. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 EXHIBITS EXHIBIT A: Legal description of the Property EXHIBIT B: City ordinance adopting Specific Plan EXHIBIT C: City ordinance adopting General Plan amendment EXHIBIT D: Conditions of Approval for Specific Plan 88-1 (Cottonwood Hills) EXHIBIT E: Addendum Re: Implementation of Conditions (Revised 5-7-90) iii Recommendation: The City Council authorize the City Manager to enter into a professional services agreement with Francisco and Associates, Inc. for assessment engineering and special tax consulting services and terminate the existing professional services contract with Harris & Associates effective April 30, 2009. (11) Receive and File the Annuals ecial Tax Le Re ❑rt for the CitV I Community Facilities Districts for FY 2008-09 Recommendation: That the City Council receive and file the report. (12) Resolution of Support for the Riverside CoujAy Regional Detention Center Recommendation: It is recommended that the City Council adopt Resolution No. a 2009-� supporting the Riverside County Regional Detention Center. PUBLIC HEARING(S) (13) Tentative Tract Ma No. 30495 ' Recommendation: 1. Adopt a resolution adopting findings that the project is exempt from the Multiple Species Habitat Conservation Plan (MSHCP). 2. Adopt a resolution approving Tentative Tract Map No. 30495. APPEAL(S) (14) Appeal of the Planning Commission's Action Relative to the Aporoval of Conditional Use Permit No. 2007-18• a Request to Establish a 'Tackle and Bait" Shop in Coniunction with a Convenience Store as well as Related Can-site Improvements Located at 1604 W. Lakeshore Drive APN: 375-350-008 and 039) Recommendation: 1. Uphold 'the Planning Commission's January 6, 2009 decision to approve the proposed "tackle and bait" shop located at 1604 W. Lakeshore Drive; or 2. Reject the Planning Commission's January 6, 2009 decision to approve the proposed "tackle and bait" shop located at 1604 W. Lakeshore Drive. BUSINESS ITEM(S) (15) Fiscal Year 2008-09 Mid-Year Bud et Report Recommendation: 1. Approve the revenue and expenditure budget adjustments proposed for Mid- Year 2008-09.