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<br />REQUEST FOR <br />Planning Commission Action <br /> <br />~ <br />~ <br /> <br />PLANNING COMMISSION SECRETARY <br /> <br />PLANNING COMMISSION MEETING DATE: <br />MAY 9, 2005 <br /> <br />TITLE: <br />PUBLIC HEARING - AMENDMENT TO DEVELOPMENT <br />AGREEMENT NO. 1990-03 TO ALLOW AN <br />EXTENSION OF TIME FOR A PORTION OF THE <br />LAKE CENTER OFFICE PROJECT <br /> <br />APPROVED <br />D As Recommended <br />D As Amended <br />D Set Public Hearing For <br />DENIED <br /> <br />D Applicant's Request <br />D Staff Recommendation <br /> <br />CONTINUED TO <br /> <br />Prepared by Karen Hal uza <br /> <br />#:.!2~~r <br /> <br />RECOMMENDED ACTION <br /> <br />. ..../:~~ <br />8 Planning Manager <br /> <br />Recommend that the City Council adopt an ordinance approving the amendment <br />to Development Agreement No. 1990-03. <br /> <br />DISCUSSION <br /> <br />Request of Applicant <br /> <br />C. J. Segerstrom & Sons is requesting approval of an amendment to the <br />previously-approved Development Agreement No. 1990-03 in order to allow an <br />extension of time for a portion of the existing entitlement. <br /> <br />Property Description <br /> <br />The properties that will be subject to this development agreement <br />extension total 17.7 acres and are contained in four separate parcels <br />located south of Lake Center Drive on both the east and west sides of <br />Susan Street. <br /> <br />The site is zoned Specific Development No. 58 (SD-58) and has a General <br />Plan land use designation of Industrial (IND). The site is surrounded by <br />commercial, office and industrial uses (Exhibits 1 and 2) . <br /> <br />Project Description <br /> <br />Development Agreement <br />the development of <br />industrial project. <br />agreement Specific <br /> <br />No. 1990-03 was approved in October 1990 to allow <br />an approximately 33-acre office/commercial and <br />At the time of the approval of the development <br />Development No. 58 (SD-58) also was approved to <br /> <br />EXHIBIT A <br /> <br />758-2 <br />