Loading...
HomeMy WebLinkAbout01-06 Approving Development Agreement DA-00-04ORDINANCE NO. 01-6 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, APPROVING DEVELOPMENT AGREEMENT DA -00-04 BETWEEN THE CITY OF COSTA MESA, THE FSP TWO TOWN CENTER, AND FIFTH STREET PROPERTIES -DS. THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY ORDAIN AS FOLLOWS: Section 1. The City Council of the City of Costa Mesa, California, does hereby find and declare as follows: 1. A public hearing has been held before this City Council pursuant to the procedures described in Council Resolution No. 88-53. At the hearing, City Council considered testimony presented by the public and the Planning Commission's recommendation regarding the proposed Development Agreement between the City of Costa Mesa, FSP Two Town Center, LLC, a Delaware limited liability company and Fifth Street Properties -DS, LLC, a Delaware limited liability company (FSP and Fifth Street are collectively referred to as the "Developer"). 2. The Development Agreement between the City of Costa Mesa and Developer is: (a) Consistent with the objectives, policies, general land uses and programs specified in the General Plan and with the General Plan as a whole and the North Costa Mesa Specific Plan; (b) Compatible with the uses authorized in, and the existing land use regulations prescribed for, the zoning district in which the real property is and will be located; and (c) Is in conformity with and will promote public convenience, general welfare, and good land use practice. 3. The. Development Agreement between the City of Costa Mesa and Developer will not: (a) Be detrimental to the health, safety and general welfare; and (b) Adversely affect the orderly development of property or the preservation of property values. 4. The Development Agreement between the City of Costa Mesa and Developer will promote and encourage the development of the proposed project, and will ensure the public benefits promised in the Development Agreement, . by providing stability and certainty to Developer. 5. The Development Agreement; has.. been reviewed for compliance with the California Environmental Quality Act , (CEQA), the CEQA Guidelines, and the City's environmental procedures, and has been found to be exempt. Section 2. The City Council hereby approves, adopts and enters into the Development Agreement in the 'form attached hereto and incorporates the Agreement herein by this reference. Upon execution of the Development Agreement by all parties, the City Clerk is directed to record the Development Agreement pursuant to City of Costa Mesa Development Agreement Procedures and Requirements. Section 3. Publication. This Ordinance shall take effect and be in full force and effect thirty (30) days from and after its passage and, before the expiration of fifteen (15) days after its passage, shall be published once in the NEWPORT BEACH -COSTA MESA PILOT, a newspaper of general circulation printed and published in the City of Costa Mesa, or, in the alternative, the City Clerk may causer to be published a summary of this Ordinance and a certified copy of the text of this Ordinance shall be posted in the office of the City Clerk five (5) days prior to the date of adoption of this Ordinance, and within fifteen (15) days after adoption, the City Clerk shall cause to be published the aforementioned summary and shall post in the office of the City Clerk a certified copy of this Ordinance together with the names of the members of the City Council voting for and against the same. PASSED AND ADOPTED this i6tk.day of J4AJ 2001 Mayor of the City of Costa Mesa ATTEST: 1. Deputy City lerk of the City of Costa Mesa APPROVED AS TO FORM CITY ATTO N Y STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) I, MARY T. ELLIOTT, Deputy City Clerk and ex -officio clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Ordinance No. 01-6 was introduced and considered section by section at a regular meeting of said City Council held on the 2mj- day of J L , 2001, and thereafter passed and adopted as a whole at a regular meeting of aid City Council held on the /(o a' day of J�„_ 1 , 2001, by the following roll call vote: AYES: 0,06uR44), MBNA gA-AJ , -STLC-L NOES: 0; X6n1 I ' RD l'a.,`n? Sod ABSENT: N o n/ L -- IN IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this i7'ct` day of Jc. , 2001. Deputy C y Clerk and ex -officio Clerk of _ - the City C6uncil of the City of Costa Mesa