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HomeMy WebLinkAboutORD 07-14 Amended Development Agreement Walton Greenlaw City Plaza HoldingORDINANCE NO. 07 -14 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ORANGE APPROVING AN AMENDED AND RESTATED DEVELOPMENT AGREEMENT NO. 0002 -14 BY AND BETWEEN THE CITY OF ORANGE AND WALTON /GREENLAW CITY PLAZA HOLDINGS VI, LLC, FOR DEVELOPMENT PROJECT KNOWN AS "CITY PLAZA TWO" LOCATED NORTH OF METROPOLITAN DRIVE AND EAST OF LEWIS STREET AT ONE CITY BLVD. WEST. APPLICANT: WALTON /GREENLAW CITY PLAZA HOLDING VI, LLC WHEREAS, Section 65864 et seq. of the California Government Code authorizes cities to enter into Development Agreements with any person having a legal or equitable interest in real property for the development of such property; and WHEREAS, the City Council of the City of Orange has adopted Chapter 17.44 of the Orange Municipal Code, which establishes procedures for the processing and approval of Development agreements; and WHEREAS, Walton /Greenlaw CITY PLAZA HOLDINGS VI, LLC, a Delaware limited liability company (the Developer), is the owner of certain real property located in the City of Orange commonly referred to as "City Plaza Two," which is more particularly described in the Development Agreement attached to this Ordinance as Exhibit A. The City Plaza Two site is located north of Metropolitan Drive midway between Lewis Street and The City Drive; and WHEREAS, the City Council approved a Development Agreement on September 28, 2004, with a previous land owner for the development of the projects approved by the City Council on October 9, 2001, through City Council Resolutions Nos. 9521 and 9522; and WHEREAS, the Developer has a legal and equitable interest in the City Plaza Two site and has made application to the City to enter into such Amended and Restated Development Agreement for the development of the projects approved by the City Council on October 9, 2001, and briefly summarized as a 10- story, 360,000 square foot office building and a six -level parking structure; and WHEREAS, an application was filed by the Developer to amend and restate the existing Development Agreement; and WHEREAS, the extension of Development Agreement No. 0002 -014 was processed in a time and manner prescribed by State and local law; and 1 WHEREAS, the consideration of the Amended and Restated Development Agreement is not considered a "project" under CEQA (Section 15378.0 of the California Government Code) and no further environmental review is required; and WHEREAS, the Planning Commission having conducted a duly noticed public hearing held on September 15, 2014, including review of the staff report and receiving public testimony on the item, has determined the proposed Amended and Restated Development Agreement is justified and recommends approval thereof; and WHEREAS, the City Council conducted one duly advertised public hearing on October 14, 2014, at which time interested persons had an opportunity to testify either in support of or opposition to the Amended and Restated Development Agreement. NOW THEREFORE, the City Council of the City of Orange hereby ordains as follows: SECTION I: The City Council hereby finds that: 1. Development Agreement No. 0002 -14 is consistent with the objectives, policies, general land uses, and programs specified in the General Plan and any applicable specific plan or redevelopment plan. 2. Development Agreement No. 0002 -14 is compatible with the uses authorized in the district or planning area in which the real property is located. 3. Development Agreement No. 0002 -14 is in conformity with the public necessity, public convenience, general welfare, and good land use practices. 4. Development Agreement No. 0002 -14 will be beneficial to the health, safety, and general welfare consistent with the policy of the City with respect to development agreements as provided in Section 17.44.200. 5. Development Agreement No. 0002 -14 will not adversely affect the orderly development of property in the City. SECTION II: The City Council hereby approves Development Agreement No. 0002 -14 for the City Plaza Two" site in the form attached hereto as Attachment A and incorporates the Agreement herein by this reference. Within ten (10) days after this Ordinance takes effect, the Mayor shall execute the Amended and Restated Development Agreement on behalf of the City Council. K SECTION III: Within ten (10) days after the execution of the Amended and Restated Development Agreement by all parties the City Clerk is directed to record the Development Agreement pursuant to the terms of this Agreement. ADOPTED this 25 day of November, 2014. A L Teresa E. Smith, Mayor, City of Orange ATTEST: C Mary E. y; City Clerk, City nge STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ORANGE ) I, MARY E. MURPHY, City Clerk of the City of Orange, California, do hereby certify that the foregoing Ordinance was introduced at the regular meeting of the City Council held on the 14 day of October, 2014 and thereafter at the regular meeting of said City Council duly held on the 25 day of November, 2014, was duly passed and adopted by the following vote, to wit: AYES:COUNCILMEMBERS:Alvarez, Whitaker, Smith, Murphy, Bilodeau NOES:COUNCILMEMBERS:None ABSENT:COUNCILMEMBERS:None ABSTAIN:COUNCILMEMBERS:None Mary E. , City Cl f Orange