Laserfiche WebLink
Article V of Chapter 41 of the City's Municipal Code, which <br /> shall be processed pursuant to said Division and Section 41- <br /> 593 et seq. of the City's Municipal Code." <br /> 3.11 Section 5.1.11. The phrase "Restaurant Portion" appearing in <br /> Section 5.1 .11 of the Development Agreement is hereby amended and restated to read <br /> as "Hotel Project." <br /> 3.12 Exhibit B (Public Art Plan). The second to last sentence of <br /> paragraph 2 of Exhibit B of the Development Agreement, as previously amended in the <br /> First Amendment to the Development Agreement (beginning with the phrase "Owner <br /> shall have committed. . ."), is deleted and replaced with the following: <br /> "Owner shall have committed, by written contract, to expend <br /> not less than One Hundred Twenty-Five Thousand Dollars <br /> ($125,000) in connection with the Public Art upon the <br /> issuance of a certificate of occupancy for each of the <br /> following: (i) Lake Towers, (ii) Cinema Towers, (iii) Integral <br /> Project, and (iv) Hotel Project, but in no event exceeding an <br /> aggregate of Five Hundred Thousand Dollars ($500,000)." <br /> Full Force and Effect: Counterparts. Except as amended herein the <br /> Development Agreement shall remain in full force and effect in accordance with its <br /> terms. This Third Amendment may be executed in any number of counterparts, all of <br /> which shall constitute one and the same instrument. <br /> IN WITNESS WHEREOF, this Third Amendment has been executed by the City <br /> of Santa Ana and The Grand Plan 2, LLC. <br /> Dated this_ day of , 2009. <br /> "CITY" <br /> THE CITY OF SANTA ANA, a charter city and <br /> municipal corporation duly authorized under <br /> the Constitution and laws of the State of <br /> California <br /> By <br /> DAVID N. REAM <br /> City Manager <br /> Ordinance NS-2786 <br /> Page 8 of 10 <br />