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HomeMy WebLinkAboutORD ADOP 2 E. T. DEVEL 03-16-92AGENDA3-�� NTL: TO: i=R0E- 1: SUBJECT: MARCH 16, 1992 ORDINANCE FOR ADOPTION NO. 2 3-16-92 _.__..._ ----- WILLIAM A. HUSTON, CITY MANAGER OFFICE OF THE CITY CLERK ORDINANCE NO. 1082, EAST TUSTIN DEVELOPMENT AGREEMENT RECOMMENDATION: Have second reading by title only and adoption of Ordinance No. 1082 (roll call vote). ACRGROUND : The following Ordinance No. 1082 had first reading and introduction at the March 2, 1992 City Council meeting: ORDINANCE NO. 1082 - AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADOPTING THE FIRST AMENDMENT TO THE EAST TUSTIN DEVELOPMENT AGREEMENT (EXHIBIT A), AS DEFINED BY SECTION 65865.2 OF THE CALIFORNIA GOVERNMENT CODE, BETWEEN_THE CITY OF TUSTIN AND THE IRVINE COMPANY PERTAINING TO DEVELOPMENT WITHIN THE EAST TUSTIN SPECIFIC PLAN PROJECT AREA Valerie Whiteman Chief Deputy City Clerk 1 2 3 4 5 6 7 8 9 10 11 12 13 14 i 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ORDINANCE NO. 1082 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADOPTING THE FIRST AMENDMENT TO THE EAST TUSTIN DEVELOPMENT -AGREEMENT (EXHIBIT A ATTACHED HERETO), AS DEFINED BY SECTION 65865.2 OF THE CALIFORNIA GOVERNMENT CODE, BETWEEN THE CITY OF TUSTIN AND THE IRVINE COMPANY PERTAINING TO DEVELOPMENT WITHIN THE EAST TUSTIN SPECIFIC PLAN PROJECT AREA The City Council of the City of Tustin DOES HEREBY ORDAIN follows: I. The City Council finds and determines as follows: A. That on April 7, 1986, the East Tustin Specifi Plan was adopted by the City Council. B. That prior to final adoption of the East Tusti Specific Plan, Environmental Impact Report 85 - prepared in conjunction with the project wa certified as final by the City Council. C. That as a required element of the East Tusti Specific Plan, a Development Agreement was adopte by the City on November 3, 1986, prior t authorization of any development within the projec area. D. That the proposed Amendment to the Development Agreement has been submitted by the Irvine Company pursuant to applicable provisions of state laws and local ordinances and with the concurrence of the City of Tustin. E. That a public hearing before the Planning Commission was duly called, noticed and held ire consideration of the proposed Amendment to the Development Agreement. F. That the Planning Commission, by minute order, recommended to City Council adoption of the proposed Amendment to the Development Agreement. G. That a public hearing before the City Council waE duly called, noticed and held in consideration of the proposed Amendment to the Development Agreement. H. That pursuant to the California Environmental Quality Act Final EIR 85-2, with supplements anc 1 2 3 4 5 6 7 8' 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2E 2( 2i 2f Ordinance No. 1082 Page 2 addenda, adequately addressed the genera environmental setting of the proposed project, it significant environmental impacts, and th alternatives and mitigation measures related t each significant environmental effect for th proposed project. I. The amendment is consistent with the objectives, policies, general land uses and programs specified in the General Plan, particularly the Land Use Element which encourages commercial activities or the subject property and the East Tustin Specific Plan, which also identifies the subject property for commercial activities. J. The amendment is compatible with the use: authorized for the Mixed Use District by the East Tustin Specific Plan. K. The amendment is in conformity with public necessity, public convenience, general welfare an( good land use practices in that the amendment wil: allow for a hotel to be located on a potentiall, more desirable site than that previousl! identified, while still providing the necessar, commercial development always anticipated for the property by the East Tustin Specific Plan. L. The amendment will not be detrimental to th, health, safety, and general welfare of th community in that the amendment will stil authorize commercial development always anticipate on the property, vital to the successfu implementation of the remaining development of th East Tustin Specific Plan. M. The amendment will not affect the order 1, development of the property in that it was alway anticipated by the East Tustin Specific Plan to bi developed with predominantly commercial activitie with supporting infrastructure, street improvement and street capacity to accommodate suc, development. N. The amendment will have a positive fiscal impact o the city which is required to be monitored throug the East Tustin Fiscal Model. The amendment wil 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Ordinance No. 1082 Page 3 not eliminate any revenue generating u anticipated in the East Tustin Fiscal Model. II. The City Council hereby adopts the First Amendment to th East Tustin Development Agreement as presented in Exhibi A attached hereto. Passed and adopted at a regular meeting of the City Counci held on the 2nd day of March, 1992. CHARLES E. PUCKETT Mayor MARY E. WYNN City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF TUSTIN ) CERTIFICATION FOR ORDINANCE NO. 1082 MARY E. WYNN, City Clerk and ex -off icio Clerk of the Cit; Council of the City of Tustin, California, does hereby certif', that the whole number of the members of the City Council o the City of Tustin is five; that the above and foregoing Ordinance was duly and regularly introduced at a regula. meeting of the City Council held on the 2nd day of March, 199 and passed and adopted at a regular meeting of the Cit Council held on the 16th day of March, 1992, by the followin vote: COUNCILPERSONS AYES: COUNCILPERSONS NOES: COUNCILPERSONS ABSTAINED: COUNCILPERSONS ABSENT: MARY E. WYNN, City Clerk Publish Date: February 2, 1992 Tustin News PR: rm ORDINANCE NO. 1082 EXHIBIT A FIRST AMENDMENT TO EAST TUSTIN DEVELOPMENT AGREEMENT THIS FIRST AMENDMENT (the "Amendment" ) to the East Tustin Development Agreement is made effective , 1992, by and between the Irvine Company, a Michigan corporation ("Developer"), and the City of Tustin, California municipal corporation ("City"). Developer and City may collectively be referred to in this amendment as the "Parties." RECITALS A. This Amendment amends the East Tustin Development Agreement (the ETDA ), entered into between the Parties effective December 31 1986, and approved by the City by Ordinance No. 978. The ETDA concerns all of that real property (the "Property") described in Exhibit "A" and delineated on Exhibit "B" hereto, which description and delineation are incorporated herein by this reference. At the time of its entry into the ETDA, Developer was the fee owner of the Property, and is the fee owner of the areas of the Property specifically involved in this Amendment. B. The ETDA provides for the orderly development of the Property in accordance with the East Tustin Specific Plan adopted by the City on March 17, 1986 (the "Specific Plan", and the provisions of the ETDA, and Developer has been and currently is developing the Property consistent with the Specific Plan and ETDA. C. At the time of their entry into the ETDA, the parties expected that a minimum two hundred fifty (250) room hotel would be built within that area of the Specific Plan described as "Sector 12,11 which area is described in Exhibit "C" hereto and delineated on Exhibit "D" hereto, which description and delineation are incorporated herein by this reference. Therefore, although Sector 12 is identified in the Specific Plan as a "Mixed Use" site and could be developed with retail uses under that designation, paragraph 1.4 of the ETDA specifically provided that as part of its development Sector 12 would include a minimum two hundred fifty ( 2 50 ) room hotel. D. The Parties have since explored with hotel operators the feasibility and desirability of building and operating a hotel in Sector 12, and have determined that Sector 12 may not be the most suitable site on the Property for a hotel use. Additionally, several major retail stores have expressed First Amendment East Tustin Development Agreement Page 2 strong interest in building and operating new retail stores in Sector 12, which could contribute significant sales tax dollars to City. E. In light of the foregoing, the Parties have agreed to amend the ETDA as follows in order to induce retail development of Sector 12 and the corresponding sales tax revenue for City. AGREEMENT NOW, THEREFORE, in consideration of the above recitals and of the mutual covenants hereafter contained, and for the purposes stated above, City and Developer hereby agree as follows: 1. Paragraph 1.4 of the ETDA is hereby amended by DELETING the last sentence, which reads: "In addition, a hotel shall be constructed with a minimum of 250 rooms and with customary supporting facilities and, if proposed by Developer to be built in more than one phase, such phasing shall be as approved by City." 2. A new Paragraph 1.4.1 is hereby ADDED to the ETDA to read as follows: of 1.4.1 Hotels. Developer agrees that sufficient land for construction of a hotel containing a minimum of 250 rooms; and with customary supporting facilities shall be reserved for that use in Sector 6 of the Specific Plan, and that Developer shall in good faith seek a hotel operator for that site and use. Alternatively, Developer may construct or provide for the construction of a hotel containing a minimum of 250 rooms and with customary supporting facilities in a location southerly of the I-5 Freeway within City that is approved for such use by City, in which case Developer shall be relieved of any obligation to reserve land for a hotel and seek an operator in Sector 6. Developer agrees that if a hotel containing a minimum of 250 rooms and with customary supporting facilities is constructed southerly of the I-5 Freeway within City that is approved for such use by City, in compliance with the above Paragraph 1.4.1 that those hotel rooms will not be included in determining compliance with the fiscal phasing requirements of the ETDA, as if constructed on the Property." 3. The Irvine Company shall design and construct an off-road bike trail on the west side of My f ord . Road between Bryan Avenue and -- First Amendment East Tustin Development Agreement Page 3 E1 Camino Real. Actual design shall be subject to final approval of the Public Works Director and Community Development Director. 4. The East Tustin Phasing Plan identified within Section 1.9 of the ETDA is hereby amended to read as follows: First Amendment East Tustin Development Agreement Page 4 EAST TUSTIN PHASING PLAN CUM. CUM AUTO DWELLING DWELLING SQ. FT. SQ. FT. CENTER HOTEL UNITS UNITS RETAIL RETAIL DEALERS* ROOMS 9 000 9,000 11363,000 11363,000 10 0 IN WITNESS WHEREOF, the Parties have each executed this Amendment on the date first written above. CITY OF TUSTIN -5 ATTEST: City Clerk Mayor THE IRVINE COMPANY By. By. U mm/devagree 955 0 0 0 3 4 0 0 955 740 1,095 1,695 21790 0 0 0 2 0 11 303 41093 400,000 400,000 1 0 0 0 11273 51366 663,000 11063,000 0 0 1 192 ' 6,558 0 11063,000 0 0 1,212 71 770 0 11063,000 0 0 339 8,109 80,000 1,143,000 0 0 336 8,445 0 1,143,000 0 187 81632 220,000 1,363,000 0 0 188 8,820 0 1,363,000 0 0 180 9,000 0 11363,000 0 9 000 9,000 11363,000 11363,000 10 0 IN WITNESS WHEREOF, the Parties have each executed this Amendment on the date first written above. CITY OF TUSTIN -5 ATTEST: City Clerk Mayor THE IRVINE COMPANY By. By. U mm/devagree