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<br />,. <br /> <br />. <br />. ':h,7~ '..:-:: ,~"rt;fy d~~t ~:'::: i~::,:',:2~Silt <br />,,..;: " ~-~2'.:;.,~~': TIJ[ fi'68 ;" ,"...", :::1 <br />..~'" ~:;~" \.' ~;,r~:, ~\~~ I'~",:"- :~".\I(.1rnment <br />C;Q;'~e~ti~n~-!T.i--~;iaL (j. .p~J <br />{,S' ?Cf.$' <br />REC0"OING REQUESTED BY <br />A" ..- <br />Wl-nN1~ECORDED MAIL TO: <br />Ci~rk of the Council <br />City of Santa Ana <br />20 civic Center Plaza <br />Santa Ana, CA 92701 <br /> <br />r 90-625289 <br />91-415237 <br /> <br />V <br />PcJ-/D2- <br /> <br />CC: tJA <br />(4 <br />fi;</ <br /> <br />/1- <br /> <br />,-i:;.::ORDED il\j C~='''''~,:',J -":f'......RDS <br />"' '" ""'j,-_ .i_'",~ <br />_F ORANGE;:;~:.T"~.:.U;:ORf"A <br /> <br />$13, c C <br />C19 <br /> <br />.0) 50 DM <br />._-- . <br /> <br />NOV 2 7 '90 <br /> <br />r . <br />I $ 7JCO i <br />1 G2 Qi- <br />,,0 <br /> <br />4 a'~RECORDER <br /> <br />Only) <br /> <br />a substitute Exhibit "8" in order <br />to clarify tile depiction 0,- tile <br />prooerty covered by til is document. <br />There has been no <br />materi a 1 chanse." <br /> <br />"This <br /> <br />(Above Space for Recorder's Use <br />docuGent is bein9 re-recorded solely to attach <br />DEVELOPMENT AGREEMENT <br /> <br />FOR LAKE CENTER PROFESSIONAL oFFICE PARK <br /> <br />THIS DEVELOPMENT AGREE~:~T ("DeVe~ Agreement") <br />is made and entered into this day of ~~, 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 SS 65864 et sea. <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 and <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 />OCll\DEC\CAL-PAC\CAL-PAC.AG4 <br />