75A - CREVIER DEVELOPMENT AGMT. - Laserfiche WebLink

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Private Disposition and Development Agreement This Private Disposition and Development Agreement ("DDA'') is entered into on this 19th day of July, 2004 by and between the COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, a public body corporate and politic ("Agency"), and DONALD J. CREVIER, AS TRUSTEE OF TIlE DONALD CREVIER TRUST, and CREVIER MOTORS, INC., a California corporation (collectively referred to herein as "Developer"). For good and valuable consideration stated herein, the receipt and sufficiency of which are hereby acknowledged, the Agency and the Developer agree as follows: ARTICLE I - SUBJECT OF AGREEMENT Section 101. Purpose of the Agreement The purposes of this DDA are to: (a) effectuate the Redevelopment Plan, specified in Section 102 of this DDA, by providing for the rehabilitation and redevelopment of a portion of the South Main Project Area; (b) provide for the construction of the following on approximately 4.23 acres currently owed by Agency and 5.1 I acres owned by Developer (hereafter collectively referred to as "the Project"); (i) two new, modern, attractive showrooms, one for the sale and lease of new automobiles and the other for the sale and lease of previously owned automobiles, both of which meet the requirements of SD 60; (ii) a modern, attractive, five (5) story parking structure with approximately 730 parking spaces which meets or exceeds the pertinent design standards as set forth in the (A) SD 60, and (B) Santa Ana Design and Development Standards for Parking Structures; (iii) a rehabilitated showroom for sale and lease of new automobiles (of a different make than the showroom referenced in section 10 I (b )(i), above~ (iv) a rehabilitated and expanded repair facility for automobiles; and (v) ancillary support activities, such as a detailing center and carwash; (c) implement SD 60 as amended, adopted by the City of Santa Ana; 1