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THE GRAND PLAN 2 LLC
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Last modified
7/11/2019 3:56:49 PM
Creation date
8/20/2009 4:51:26 PM
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Contracts
Company Name
THE GRAND PLAN 2 LLC
Contract #
A-2009-129
Agency
Personnel Services
Council Approval Date
5/18/2009
Destruction Year
0
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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 (generally). 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 Lowers, 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 /> 7/29/2009 3:42 PM <br /> 3rd amendment to development agreement hotel3a final final final - <br /> 4 <br />
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