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<br />Ii <br /> <br />r <br /> <br />. l' <br /> <br />1;::\.0" <br />'; <br /> <br />90-625289 <br /> <br />... <br /> <br />Th!:, ;:: ~r. Cllrtify that tiils (tur.t!~snt <br />Is ~n;scii::-": for frea n;:.~(:r'~ =-::y . <br />/ the uty of Lama Ana u:1fj~r Go~e~}ll8nt ~ <br />Coda Sectlon~. .~ ~ (j. I <br />. ,t' ,'f.r <br />RECORDING REQUESTED BY <br /> <br />;:1- ytl... /iJ2- <br />/V5-.;;.otf1 <br />.1cCOADED IN OFF!CIAL RECORDS <br />OF ORANGE COUNTY. CALIFORNIA <br /> <br />I <br /> <br />WHZN RECORDED MAIL TO: <br />Clerk of the Council <br />city of Santa Ana <br />20 civic Center Plaza <br />Santa Ana, CA 92701 <br /> <br />.22Q PM NOV27 '90 <br />4 t2. ~RECORD&R <br /> <br />74H <br /> <br />f$ 1300 J <br />C2 <br /> <br />(Above Space for Recorder's Use Only) <br /> <br />DEVELOPMENT AGREEMENT <br /> <br />FOR LAKE CENTER PROFESSIONAL OFFICE PARK <br /> <br />THIS DEVELOPMENT AGRE~~2 ("DeveJ,p~!IL~I}.t Agreement") <br />is made and entered into this day of ~L~, 1990, by <br />and between the CITY OF SANTA ANA, a municipal corporation <br />organized and existing under the laws of the State of <br />California ("City"), and CALIFORNIA PACIFIC PROPERTIES, a <br />California general partnership ("Developer"). <br /> <br />R E C I TAL S: <br /> <br />A. California Government Code 5S 65864 n ~. <br />provide that the legislative body of a city may enter into a <br />development agreement with persons having legal or equitable <br />interests in real property for the development of real <br />property in order to, among other things: (i) vest certain <br />rights in the developer; (ii) provide certainty in the <br />approval of development projects in order to avoid the waste <br />of resources; (iii) encourage investment in and commitment to <br />comprehensive planning which will make maximum efficient <br />utilization of resources at the least economic cost to the <br />public; (iv) strengthen the public planning process ~nd <br />encourage private participation in comprehensive planning; <br />and (v) reduce the economic costs of development by providing <br />assurance to the developer that the developer may proceed <br />with its projects in accordance with existing policies, <br />rules, and regulations subject to conditions of approval. <br /> <br />B. Pursuant to California Government Code Section <br />65865, the City has adopted its Resolution No. 82-92, <br />establiShing procedures and requirements for the approval of <br />development agreements. Developer has applied to the City <br />pursuant to California Government Code Sections 65864- <br />65869.5, and pursuant to said Resolution for approval of the <br />Development Agreement set forth herein. <br /> <br />OCl1\DBC\CAL-PAC\CAL-PAC.AO' <br /> <br />7~~927 <br /> <br />; I <br />