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HomeMy WebLinkAboutAMENDMENT TO DEVELOPMENT AGREEMENT (ITEM 15) i ■ A •r�� CITY COUNCIL FEBRUARY 1 , 2022 Location - " Flight at Tustin Legacy" TLSPg 9rP r , r ' Orangt '' iunty / any r • � , department 1 + L t 4'lp 1 { y 1 IYYL 1• — , 1 4 i o4 ,. ' Qrt 11 ,76 i F _ 4 • 0 go • — — • ,. ■ n: a f �-. .. 1 �Vt A ror,� rma Ow iY➢[4• vrFi pp� • • r � - • I t o dk Q S■*T++� 1'F5 Y TW.7 aARYMAYr urxRa arw:r axv:rm i Il7.r.,r� 1-t • �' - I Yfl'f .. RMYs �, ��'vx 5 ~ ---n.Gi"LrrU A?i4�'�•7 I ■4 i r� rvxi �Mi� •. r r�r i i }TICS _C r "K, OUR "W-+u WRY T.Aw I 1vr.:'Dxri:�•7'r � =.r First Amendment to DA : Modifications to certain provisions in original DA Termination of original DA - Phase 1 & Phase 1 parcel Modifications to Phase 2 provisions Acknowledges the completion of Phase 1 Phase 2 modifications - changes in provisions to align DA terms with approved Third Amendment to the Disposition and Development Agreement (DDA) Findings : Consistent with General Plan and TLSP Conformance with public necessity, public convenience, general welfare, good land use practices, and the orderly development of property Complies with all applicable Federal ,. State , and Local rules and regulations Positive fiscal impact & further clarity Planning Commission Act'i' on 12/ 14/21 - PC adopted Resolution No . 4443,, recommending that the City Council adopt Ordinance 1520 approving DA 2021 -0003 Recommendation : City Council adopt Ordinance 1520 , approving DA 2021 -0003 - the first amendment to the Original DA ( DA 2016- 001 ) for The Flight at Tustin Legacy Set a second reading of Ordinance 1520 for the next City Council meeting i ■ A •r�� CITY COUNCIL FEBRUARY 1 , 2022