75A - PH - 200 EAST FIRST AMERICAN WAY

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2005, the City Council of the City of Santa Ana ( "Council "), after providing notice as required by law, held a public hearing to consider the -nOw ei Coastal Rite's application for t-1}is the 2005 Agreement, which the Council approved by adopting Ordinance No. NS -2680 on April 18, 2005, The Owner has submitted a new and modified site plan review package to the City amending the previously approved plan On January 23, 2012 the Planning Commission of the City, after duly giving notice otice pursuant to Government Code sections 65090 and 65091, held a public hearing to consider the Owner's gpplication for this Agreement. The Planning Commission recommended to the Council that it execute this Agreement On [insert date] the Council, after providing notice as required by law, duly held a public hearing to consider the Owner's application for this Agreement. 1.6 Council Findings. The Council finds that this Agreement and its purpose s is are consistent with Government Code Sections 65864 through 65869.5, and with the objectives policies general land uses and program specified in the General Plan, applicable Specific Plan(s) as well as all other applicable ordinances, plans, policies and regulations of the City. Among other things this Agreement will reduce uncertain1y in planning for or and securing the orderly development of the Property, assure progressive installation of necessary improvements, provide public services appropriate to each stage of development of the Propeft ensure attainment of the maximum effective utilization of resources within the City at the least cost to its citizens expand the availability of highh- quality, affordable housing stock to the City's citizens contribute to the economic stability and revitalization of the community, enhance the City's property tax revenues and otherwise achieve the goals and purposes for which Government Code Sections 65864 through 65869.5 were enacted. 1.7 City Ordinance. On ^ pr4l 18, 2005 [insert date] , the Council adopted Ordinance No. NS- approving this Amended Agreement. The ordinance becomes effective thirty (30) days thereafter, 2. DEFINITIONS. In the Agreement, unless the context otherwise requires: 2.1 "Final Design" means the final design documents for work of public art, which is set forth in greater detail in paragraph Section 5.8 of this Agreement. 2.2 "Property Owner" or "Owner" means Ceast^' epeAies, California Carperation, and Geneva Conunon collectively VDC at the Met, LLC, a California Limited Liability Company, and its successors or assigns who or which may acquire Owner's equitable and legal interest in the Property, being the person, persons, or. entity having a legal or equitable interest in the Property, .' Wrest. 2.3 "Property" is the real property described in Exhibit A and referred to in Exhibit B. 2.4 "Project" is the development of the Property as generally set forth in Section 1.1(4) of this Agreement, Environmental Review No. 2001 02 215 , Tentative Tract Map No. 2904 -85 (County Map No. 4655 € ), Conditional Use Permit 75A3128