Laserfiche WebLink
n <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />GA 1644-4 <br />Civic Center Parking <br />Phase 1 Development <br />DEVELOPMENT AGREEMENT <br />A-1IV.-101 <br />THIS IS A DEVELOPMENT AGREEMENT, made a� h, r Is— , 19870 by and between the <br />CITY OF SANTA ANA ("CITY") and the COU1 y c 1 R NGE C NTY"); without regard to <br />number and gender.•... <br />RECITALS <br />A. As used in this agreement, the term "Civic Center" shall mean that general <br />geographical area in Santa Ana, California which is bordered by Sycamore Street or> the <br />east, Shelton Street on the west, Civic Center Drive on the north, and Santa Ana <br />Boulevard on the•south, which area includes a number of public buildings operated and <br />maintained by CITY and•COUNTY, respectively, for the performance of essential j <br />government functions. <br />a. CITY and COUNTY have dointiy determined that the current demand for parking spaces <br />In Civic Center exdeeds- the supply by approximately ],400 spaces and that this <br />deficiency isexpectedto grow unless now Civic Center parking facilities are provided. <br />W C. CITY and COUNTY mutually agree that it would be In 'the public's best interest•to <br />18 <br />cooperate in the construction of additional parking facilities in Civic Center. <br />19 0. By Memorandum of Understanding ("MOU") dated January 20, 1987, CITY and COUNTY <br />agreed on five potential sites for construction of such additional parking <br />20 facilities. Said MOU specified that construction would be accomplished in phases'and <br />targeted two sites in Civic Center for the first phase of development. The locations <br />21 of these two sites are generally shown on Exhibits "A!' and 'IS" which exhibits are <br />attached hereto and made a part hereof by reference. `ihe site shown on Exhibit A <br />22 shall hereinafter be referred to as "Site '" and the site shown on Exhibit 8 shall <br />hereinafter be referred to as "S :1yref <br />h parking facilities to be constructed on <br />23 these sites are hereinafter wile tiverred to as "Phase 1 Facilities." <br />( Y <br />24 E. ' Title.to Site 1 is nominally held'by the Orange County Civic Center Authority <br />("Authority") a ao1nt.RnwOE5.Asen Y formed by CITY and COUNTY, however, for all <br />25 practical purposes CITY 'is the owner of Site 1 in that pursuant to a non-cance)able` <br />lease currently in effect between CITY and the Authority CITY has exclusive control <br />26 over Site I and, upon the eventual dissolution of the Authority, fee title to Site 1 <br />will automatically vest in CITY. <br />27 <br />28 GScda:nd <br />0599w-1 -1- <br />12-3-07 <br />