HomeMy WebLinkAboutCC 7 SCANTRON AGREE. 06-03-85 "~'~ CONSENT CALENDAR
A GENr,
U~ - ~-~--- ~,~'"~_~ 6-~-8~
DATE ~u~ 3, 1985
TO:
FROM:
SUBJECT:
HONORABLE RRYOR AND CITY COUNCIL
COI~,IUIIITf DEYELOPIIENT DEPARTIqE:NT
SCAN'IRON AGREEMENT
In conformance with the recently adopted urgency ordinance {No. g30) regarding
the circulation fees for the Specific Plan No. 7 area, enclosed is the proposed
agreement with the Santa Fe Land Improvement Co. This agreement covers the fees
for the Scantron Project which is proposed at 136! Valencia Avenue in the
Specific Plan No. 7 area.
The City Attorney has reviewed and approved the agreement.
REC0I~IEIIDED ACTIOII:
Approve the enclosed agreement for the Mayor's signatures.
Associate Planner
MAC:do
AGREEMENT
THIS AGREEMENT, for the purpose of identification dated the
~_~ day of __
BY AND BETWEEN
AND
Santa Fe Land Improvement Co., a
California corporation with an address
of 5200 E1Sheila, Los Angeles,
California 90040, hereinafter referred
to as DEVELOPER
City of Tustin, a municipal corporation
with mailing address of 300 Centennial
Way, Tustin, California 92680,
hereinafter referred to as CITY
WITNESSETH
WHEREAS, DEVELOPER has agreed to contribute a fair share for the costs of
circulation improvements within the area encompassed by the proposed Specific
Plan No. 7, further identified as the area north and southerly of Edtnger Street
and westerly of Red Hill Avenue; and
WHEREAS, DEVELOPER desires to proceed with construction prior to the adoption of
the proposed Specific Plan No. 7 and related fee schedule for circulation system
improvements; and
WHEREAS, the parties hereto wish to set forth the terms of compliance for the
Scantron Project, 1361 Valencia;
NOW, THEREFORE, IT IS AGREED by and between the parties hereto as follows:
DEVELOPER shall pay Circulation Improvement Fees for the Scantron Project,
1361 Valencia, upon adoption of Specific Plan No. 7 and its related fee
schedule by the City Council or the issuance of a Certificate of
Occupancy, whichever is earlier.
The amount of DEVELOPER'S fees attributable to the Scantron Project, 1361
Valencia, shall be as established by the City Council with the adoption of
Specific Plan No. 7, but in no event shall it exceed the rate of $1.80 per
sq. ft. of building floor area plus any necessary adjustment caused by a
change in the Consumer Price Index impacting the cost of public
improvements between the date of adoption of a fee schedule and the
payment of Circulation Improvement Fees.
Agreement
Santa Fe Land Improvement Co.
page two
DEVELOPER, as a condition for the issuance of a building permit for the
project equalling 75,226 square feet, hereby agrees to pay the city of
Tusttn the sum of not to exceed $13S,407.00 in accordance with paragraphs
1 and 2 above.
CITY shall issue a building permit for the proposed project subject to all
applicable laws and regulations.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the dates
set forth opposite their respective signatures.
Date:
(Acknowledgement Attached)
SANTA FE LAND IMPRO~MENT COMPANY
:ITY OF TUSTIN, a municipal corporation
DATE:
(Acknowledgement Attached)
BY:
TITLE: