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No. 2008-235 (including the Addendum to the Final Environmental Impact Report for <br />Environmental Review No. 2004-02). <br />3.6 Section 2.43(2). The section is deleted and replaced by the following: <br />"A new 185 room, approximately 100,097 square foot, four-story <br />(approximately 57.3 feet above grade) hotel to be located on the <br />corner of MacArthur Place and MacArthur Boulevard served by 133 <br />surface parking spaces, and GP2's parking rights in the structure <br />located on Orange County Assessor's Parcel No. 411-081-22 (also <br />known as the Teacher's parking structure) during certain specified <br />hours of the week (the `Hotel Project')." <br />3.7 Section 2.43(4). The entire section is deleted and replaced with the word <br />"Reserved." <br />3.8 Section 2.43 (senerally~. The final sentence appearing in this section (i.e., the <br />sentence beginning with the phrase "Each of the Lake Towers ... ") is deleted and replaced with the <br />following: <br />"The Lake Towers, the Cinema Tower, the Hotel Project, and <br />the Integral Project are each an `Element."' <br />3.9 Section 2.52. The entire section is deleted and replaced with the word <br />"Reserved." <br />3.10 Section 2.55. The following is added to this section: <br />"The City and GP2 agree and acknowledge that the final location of <br />the relocated Cinema Tower has not been determined. This is other <br />issues related to its relocation shall be resolved by submission of an <br />application by GP2 for Development Project Plan Approval pursuant <br />to Division 3 of Article V of Chapter 41 of the City's Municipal <br />Code, which shall be processed pursuant to said Division and Section <br />41-593 et seq. of the City's Municipal Code." <br />3.11 Section 5.1.11. The phrase "Restaurant Portion" appearing in Section 5.1.11 <br />of the Development Agreement is hereby amended and restated to read as "Hotel Project." <br />3.12 Exhibit B (Public Art Plan). The second to last sentence of paragraph 2 of <br />Exhibit B of the Development Agreement, as previously amended in the First Amendment to the <br />Development Agreement (beginning with the phrase "Owner shall have committed..."), is deleted <br />and replaced with the following: <br />"Owner shall have committed, by written contract, to expend not less <br />than One Hundred Twenty-Five Thousand Dollars ($125,000) in <br />connection with the Public Art upon the issuance of a certificate of <br />occupancy for each of the following: (i) Lake Towers, (ii) Cinema <br />3rd amendment to development agreement hotel3.doc <br />5/27/2009 7:02 AM <br />4 <br />11 B-20 <br />