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06-08-2021 Public Hearing - DCSG LLC Participation Agreement Revision and Development Agreement CITY OF ORANGE NOTICE OF PUBLIC HEARINGS (1) REVISION TO PARTICIPATION AGREEMENT NO. AGR-6749; AND (2) APPROVAL OF A DEVELOPMENT AGREEMENT (DCSG DEVELOPMENT, LLC) NOTICE IS HEREBY GIVEN that the City Council of the City of Orange will hold two Public Hearings, Tuesday, June 8, 2021, at 6:00 p.m. or as soon thereafter as the matters may be heard, in the Council Chamber, 300 E. Chapman Avenue, Orange, and various teleconference locations, to consider the following matters: SUBJECT: (1) AN AMENDMENT TO PARTICIPATION AGREEMENT NO. AGR-6749 BETWEEN THE CITY OF ORANGE AND DCSG DEVELOPMENT, LLC; AND (2) APPROVAL OF A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF ORANGE AND DCSG DEVELOPMENT, LLC. PROPERTY LOCATION: 3000 West Chapman Avenue, Orange, CA REQUEST: (1) DCSG is requesting approval of a First Amendment to Participation Agreement that will have the effect of reducing the amount of the Economic Development Assistance payment to DCSG from 33-⅓% to 25% for the first three years of the 25-year term. (2) DCSG is requesting a Development Agreement to vest rights to develop a 306-room hotel with related facilities. ENVIRONMENTAL INFORMATION: The consideration of these matters does not require environmental review pursuant to State CEQA Guideline 15162, as there is no change to the previously approved entitlements that would necessitate additional review. APPLICANT AND PROPERTY OWNER: DCSG Development, LLC All interested persons may submit comments and may be heard on any relevant matter relating to the proposed actions by mail, email, voicemail or in-person as set forth in the June 8, 2021, City Council agenda. For further information, please contact Aaron Schulze, Senior Administrative Analyst, City Manager’s Office at (714) 744-2222 or aschulze@cityoforange.org. Posted: May 27, 2021 CITY COUNCIL OF THE CITY OF ORANGE PHONE: (714) 744-5500 BY: PAMELA COLEMAN, CITY CLERK