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ORD-41-88 APPROVING THE DEVELOPMENT AGREEMENT BETWEEN THE CITY OF ORANGE AND WOODCREST DEVELOPMENT INCORDINANCE NO. 41- 88 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ORANGE APPROVING THE DEVELOPMENT AGREEMENT BETWEEN THE CITY OF ORANGE AND WOODCREST DEVELOPMENT, INCORPORATED.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 Ordinance No. 40-88 establishing procedures for the processing and approval of development agreements.NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ORANGE DOES ORDAIN AS FOLLOWS: Section I:The City Council finds that a public hearing has been held before this city Council pursuant to the procedures described in Ordinance No. 40-88. At the hearing, the City Council has considered testimony presented by the public and the Planning commission's recommendation to approve the Development Agreement between the City of Orange and Woodcrest Development, Inc.Development Agreement") .section II:The City Council hereby finds that the Development Agreement between the City and Woodcrest Development Inc.:A. Is consistent with the objectives, policies, general land uses, and programs specified in the General Plan;B. Is compatible with the uses authorized in, and the regulations prescribed for, the zoning district in which the real property is and will be located;C. Is in conformity with and will promote public neces-sity, pUblic convenience, general welfare, and good land use practices;D. will be beneficial to the health, safety, and general welfare;E. will not adversely affect the orderly development of property or the preservation of property values; and F. will promote and encourage the development of the proposed project by providing a greater degree In_~ n section III: The city Council hereby approves the Development Agreement in the form attached hereto and incorporates the Agreement herein by this reference. within ten (10) days after this Ordinance takes effect, the City Council shall execute the Development Agreement. section IV: within ten (10) days after the execution of the Development Agreement by all parties, the city Clerk is directed to record the Development Agreement pursuant to the terms of this Agree- ment. Section V: A summary of this Ordinance shall be published and a certi- fied copy of the full text of this Ordinance shall be posted in the Office of the city Clerk at least five (5) days prior to the City Council meeting at which this Ordinance is to be adopted. A summary of this Ordinance shall also be published once within fifteen (15) days after this Ordinance's passage in the Orange City News, a newspaper of general circulation, published, and circulated in the City of Orange. The City Clerk shall post in the Office of the city Clerk a certified copy of the full text of such adopted Ordinance along with the names of those City Council members voting for and against the Ordinance in accordance with Government Code Section 36933. This Ordinance shall take effect thirty (30) days from and after the date of its final passage. ADOPTED this 11th day of e ATTEST: 1hdH/* City Cle of a:~ tf1e cf/Cy of Orange 2 -Ord. No. 41-88 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ORANGE ) I, MARILYN J. JENSEN, 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 27th day of september , 1988, and thereafter at the regular meeting of said City Council duly held on the 11th day of October , 1988, was duly passed and adopted by the following vote, to wit: AYES:COUNCIL MEMBERS: SMITH, BARRERA, COONTZ, MAYOR PEREZ, BEYER NOES:COUNCIL MEMBERS: NONE ABSENT:COUNCIL MEMBERS: NONE City Clerk f thetcity; f Orange 3 -Ord. No. 41-88