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NS-1795
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Last modified
1/3/2012 1:03:56 PM
Creation date
6/26/2003 10:08:07 AM
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City Clerk
Doc Type
Ordinance
Doc #
NS-1795
Date
9/17/1985
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SFLI if the City were to halt any part of the development at a~ <br />time or if SFLI were required to comply with newly adopted land <br />use rules, regulations or policies. Due to the magnitude o~ those <br />development risks and uncertainties, SFLI would not have agreed <br />to commit itself to starting the development or to providing the <br />Public Improvements, unless the City entered into this AGreement. <br /> <br /> G. SFLI desires to enter into this development <br />agreement in order to acquire vested development rights pursuant <br />to currently prevailing land use rules, regulations and policies <br />and to assure its ability to determine the resources necessary <br />to complete the development and to complete such development as. <br />currently proposed and approved by the City. <br /> <br /> H. The City desires to and does hereby exercise its <br />governmental authority in connection with the development and use <br />of the real property by entering into this Agreement and has <br />determined that this Agreement is consistent with the City's <br />general plan and the public's interest, and the findings and <br />declarations set forth in California Government Code Section <br />65864. <br /> <br /> I. On <br /> <br />City adopted Ordinance NO. NS-__ <br /> <br />, 1985, the City Council of the <br />, approvinG this AGreement. <br /> <br /> <br />
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