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Table of Contents Page 1. RECITAL S ......................................... .................... ............. .....................................................1 1.1 Purpose. .. .... ............ .............................. .............. ...................................... .... ................1 1.2 C ode Au tho riza ti 0 n .................... ............ .................. ......................................... ..........1 1.3 Own er ...................... ...... .............. ........ ................. ......................... ................ ...............1 1.4 Planning Commission - Council Hearings ................................................................1 1.5 Co un cil Findings ................................... .................. ....................................... ..............2 1. 6 City Ordinance........................ ........ ................... .......... ..... ..................................... ......2 2. D EFINITI ON S ................... ............................... ............... ........................ ............. ...................2 3 . EXHIBIT S ......................................... ................ .................... ... .... ....................................... ..... 7 4. GENERAL PRO VISION S. ..................................................................................................... 7 4.1 Duration of Agreement ............................................................................................... 7 4.2 As si gnm en t ................................... ...... .................... ..................................... ..... ............7 4.3 P ermi tted Assignments ....... ............................ ........... .................................................8 4.4 Amendment or Cancellation of Agreement ..............................................................8 4 .5 Hold Harml ess .......................... ..... ............ ................................... ................. ..............9 4.6 Binding Effect of Agreement ......................................................................................9 4.7 Relationship of the Parties ..........................................................................................9 4.8 N oti ces..... ............... ....... ............................ ............................. ....... ................. ...............9 5. DEVELOPMENT OF THE PROPERTY. ..........................................................................10 5.1 Own er 0 b Ii ga ti 0 ns.............. ............................... ................... ........... .............. ............1 0 5.1.1 Cooperative Agreement ................................................................................1 0 5.1.2 Pu blic Improvements ....................................................................................1 0 5.1.3 Phasing ..................... .................. ...................................................... ..............11 5.1.4 FAA App roval...............................................................................................11 5.1.5 A vigation Easement ......................................................................................11 5.1.6 Limit on Fast Food and Take Out Restaurants .........................................11 5.1.7 Development, Construction and Completion of Public Art ......................11 5.1.8 Inclusionary Housing Fee .............................................................................11 5.1.9 In-Lieu Park Development Fee....................................................................11 5.1.10 Covenants, Conditions, and Restrictions ....................................................12 5.1.11 Parking Structure Easement ........................................................................12 5.1.12 Lake Imp rove m en ts ...... ...... .............. .......................................................... ..13 5.1.13 Use of "City of Santa Ana" ........................................................................13 5.1.14 Compliance With Governmental Requirements ........................................13 5.1.15 Obligation to Submit Working Drawings and Commence Co nstru cti 0 n ..... ................................... ......................................................... .13 5.2 Ci ty 0 b Ii ga ti 0 ns ........................................ ........................................................... ......13 5.2.1 5.2.2 5.2.3 5.2.4 5.2.5 5.2.6 Vested Rights to Develop..............................................................................13 Non-application of Changes in Applicable Rules.......................................13 Special T axes and Assessments ....................................................................14 Agreed Changes and Other Reserved Powers............................................14 S u bseq uent Development Approvals ...........................................................14 Mora to ria ...................... ..... ............ ..... .......................................................... .14 DOCSOC/l I I0339vl1/24579-0001